Excavation is continuing at 262 Fifth Avenue, the site of a 1,043-foot residential supertall skyscraper in NoMad. Designed by Meganom with SLCE Architects as the executive architect and developed by Boris Kuzinez of Five Points Development under the Five Points 262 Project, LLC, the 60-story tower will yield 41 residential units spread across 139,168 square feet and 10,850 square feet of retail space on the first two floors. CM & Associates Construction Management, LLC is the general contractor for the property, which is located at the corner of Fifth Avenue and West 29th Street.
Workers and excavators are well below street level and it shouldn’t be too long before we start to see the formation of the concrete foundations. Excavation should conclude toward the end of spring and the relatively small parcel could allow the superstructure to begin to climb above street level sometime in the latter half of 2022. From there will be a repetitive stack of floor plates with varying heights as crews build the typical mix of residential and mechanical levels.
The adjacent 12-story structure at 260 Fifth Avenue immediately south of the building footprint is reportedly part of the property, and could possibly house the retail space. The prewar edifice features a limestone exterior with a high level of ornamental detailing and stone craftsmanship. The windows on the northern face would be covered once 262 Fifth Avenue surpasses its height.
Renderings by DBOX of 262 Fifth Avenue were first released in late 2017 and demonstrate the visual impact of the supertall on the southern section of the Midtown skyline, as well as its use of triple-glazed glass curtain wall system on the northern and southern walls. One unique design feature are numerous porthole-shaped windows facing Fifth Avenue, surrounded by aluminum and glass. The opposite western side will concentrate the vertical core walls, mechanical systems, elevators, and egress staircases and would likely not have any windows.
Surrounding the upper habitable floors are two outdoor terraces, with the very top capped by a hollow rectangular box that partially encloses a private residential observation deck. This will provide prime views looking north at the Empire State Building and south toward the World Trade Center over Lower Manhattan. Residences will have the option of customizable open floor plans due to the lack of interior columns.
262 Fifth Avenue is slated for completion in summer 2023.