NEW YORK | 262 Fifth Ave | 860 FT | 56 FLOORS - Page 25

DCReid · #**481** Posted **Dec 18, 2024, 10:24 PM**

I don't understand this article since the building is well under construction.

860-Foot, 26-Unit NoMad Condo Tower Wins Approval
New YorkMultifamily
December 18, 2024 Ethan Rothstein, Deputy Managing Editor
Five Points Development has scored a key approval for a luxury skyscraper that will tower over NoMad but hold just over two dozen units.

https://www.bisnow.com/new-york/news/mul...t-nomad-condo-tower-wins-approval-127291

Hudson11 · #**482** Posted **Dec 19, 2024, 2:30 AM**

^ new rendering in the article.

NYguy · #**483** Posted **Jan 1, 2025, 7:01 PM**

Quote:

Originally Posted by DCReid

I don't understand this article since the building is well under construction.

860-Foot, 26-Unit NoMad Condo Tower Wins Approval
New YorkMultifamily
December 18, 2024 Ethan Rothstein, Deputy Managing Editor
Five Points Development has scored a key approval for a luxury skyscraper that will tower over NoMad but hold just over two dozen units.

https://www.bisnow.com/new-york/news/mul...t-nomad-condo-tower-wins-approval-127291

They're confused. All of these condos have to get approval to sell. That's all that was. Usually the biggest news to come out of that is the costs of the condos.

Quote:

Only five of the units have projected prices in the AG-approved plan, The Real Deal reported. The cheapest is a 2,200 SF full-floor unit asking almost $9.2M,
while the most expensive is a $23.3M duplex on the 60th floor spanning 2,859 SF.

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