NEW YORK | 262 Fifth Ave | 860 FT | 56 FLOORS

[chris08876]

Permits Filed For 54-Story, 928-Foot Condo Building At 262 Fifth Avenue

In February, Israeli-Russian billionaire Boris Kuzinez closed on the final piece of a three-property development site on Fifth Avenue in Midtown South for $59 million. Now, he’s filed plans for a 54-story condo building there, at 262 Fifth Avenue, on the corner of 29th Street.

The building applications call for a 928-foot-tall, mixed-use development. It would certainly be among the tallest new buildings in the neighborhood, but it wouldn’t beat out the Empire State Building, which has a spire reaching 1,454 feet into the air. 262 Fifth would have just 41 condos divided across 139,168 square feet of residential space. Typical units in the building would clock in at a luxurious 3,400 square feet.

We’re not sure how those large condos will sell here, because the high-end luxury market is already beginning to soften in Manhattan. Maybe the developer will end up chopping up the units to sell them, like Macklowe and CIM were forced to at the supertall 432 Park Avenue.

The first two floors would have 10,850 square feet of retail, followed by a floor of mechanicals, and a pool, gym, and shared terrace on the fourth floor. Then there would be a duplex, topped by 16 stories of full-floor apartments, four more duplexes, and then six full-floor penthouses. The building would also have a shared roof deck and a 14-car garage in the cellar.

Kuzinez isn’t listed on the permit. Yoram Barel of Five Points JV, L.P., is listed as the owner’s representative, SLCE Architects applied for the permits.

The full assemblage of sites at 260, 262, and 264 Fifth Avenue ended up costing Kuzinez $101.8 million. He then spent an additional $5.8 million on air rights from the other properties on the block, as reported by The Real Deal. Demolition plans have been filed so far for the five-story, mixed-use building at 264 Fifth and the five-story commercial building next door at 262. However, the 12-story office building at 268 does not have demo permits on file yet.

========================
NYY

[chris08876]

1 Location Information (Filed At)
House No(s): 262 Street Name: FIFTH AVENUE
Borough: Manhattan Block: 830 Lot: 44 BIN: 1015733 CB No: 105
Work on Floor(s): SUB,CEL,ROF 001 thru 054 Apt/Condo No(s): Zip Code: 10001



13 Building Characteristics

Primary structural system: Masonry Concrete (CIP) Concrete (Precast) Wood
Steel (Structural) Steel (Cold-Formed) Steel (Encased in Concrete)

Proposed
Structural Occupancy Category: II - OTHER THAN I, III OR IV
Seismic Design Category: CATEGORY B
2014/2008 Code Designations?
Occupancy Classification: R-2 - RESIDENTIAL: APARTMENT HOUSES Yes No
Construction Classification: I-A: 3 HOUR PROTECTED - NON-COMBUST Yes No
Multiple Dwelling Classification: HAEA
Building Height (ft.): 928
Building Stories: 54

=============================
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

[Crawford]

Good news. Another potential supertall or near-supertall for 5th Avenue, depending on whether there's a crown. This makes about a half-dozen sites along 5th where similar towers are planned.

At 930 ft.+ this will likely have a nice skyline impact, even with all the nearby towers going up. Lower Fifth Ave., in some ways, is hotter than Upper Fifth Ave. these days.

[NYguy]

Proximity to the King...a tower roughly the height of BofA, minus the spire. I hope it's not an all glass tower.

[chris08876]

This will have some company.

262 Fifth Ave (this tower) : 928 ft




281 5th Avenue (near by proposal - site prep/excavation ) : 705 ft



8 West 30th: 796 ft - demo/site prep

[NYguy]

The days of the lonely ESB are going fast.

[TonyNYC]

Originally Posted by NYguy

The days of the lonely ESB are going fast.

Awesome... there's another pretty good size lot on 28th st and Broadway NW corner one block away from 262 5th Ave. Used to be a parking garage and a row of one story storefronts.. wholesaler's just a few years ago.

It's all been torn down.. ready to build.. anyone hear anything on this spot.. it's def. big enough for another good size tower.

[chris08876]

Skyline-altering tower to rise 928 feet along Fifth Avenue in Nomad

A near supertall skyscraper is coming to NoMad, according to a recent Department of Buildings filing for 262 Fifth Avenue. Boris Kuzinez, an Israeli-Russian billionaire, submitted plans last week for a 54-story, 928-foot-tall mixed-use tower on the southwest corner of Fifth Avenue and 29th Street where a trio of pre-war buildings currently stand. The tower will certainly make a dent on the NYC skyline, and will be the tallest structure between Midtown and Downtown if it finishes before several other projects now in the works.

While the lot spans three sites on the block, it is not certain if all the structures will be demolished and how the tower will be massed. The lots include 260 and 264 Fifth Avenue, which Kuzinez acquired in February of last year for $101.8 million from Renaissance Properties. His plans call for a tower with a paltry 41 condos at an average of 3,400 square feet per unit, for a total of 139,168 square feet of residential space. For those numbers to pencil out, units will likely be grand in scale, and the permit fling also indicates a large amount of the homes will be duplexes.

==========================
https://www.cityrealty.com/nyc/marke...n-skyline/6081

[NYguy]

Could we be looking at 1,050 ft?


https://oeaaa.faa.gov/oeaaa/external...05800898&row=7

Structure Type: Building
Structure Name: North Corner

Site Elevation: 42
Structure Height: 1050
Total Height (AMSL): 1092

[chris08876]

I think this could be massive. IF they use the air rights from nearby parcels as seen in your map diagram nyguy.

[Crawford]

Originally Posted by NYguy

Could we be looking at 1,050 ft?

That would probably make sense.

If the DOB permits have it at 930 ft. to roof, than 1,050 ft. overall sounds reasonable, assuming the building has some sort of crown/top.

[NYguy]

Originally Posted by Crawford

That would probably make sense.

If the DOB permits have it at 930 ft. to roof, than 1,050 ft. overall sounds reasonable, assuming the building has some sort of crown/top.

Makes sense. That would be on par with the observation deck of the ESB. Let's hope we get a design that complements the ESB in some way. Imagine if 53w53 went up in this location.

[chris08876]

These blocks around it are bound to be developed, which further enlarges the Midtown Mass. Creeping slowly South and swallowing low and mid rises that stand in its way.

[tokilamockingbrd]

And the midtown skyline continues its march southward.

[NYguy]

This has been approved for the 1,050 ft height by the FAA...

[gramsjdg]

Originally Posted by NYguy

This has been approved for the 1,050 ft height by the FAA...

The ESB keeps losing height- 1472', then 1454', now 1451'?

I do like the "lighting the proposal is recommended" bit.

[chris08876]

The area around the ESB, I feel, will be the next hotspot for supertalls. Nearby, in HY, its already happening, and thus, closer to MSG will be idea.

I'd like them to be office. The area, with its transit options, would make more sense.

There's a lot of potential. A lot of low rise properties nearby that can be swapped up via assemblages.

[mrnyc]

Originally Posted by NYguy

Makes sense. That would be on par with the observation deck of the ESB. Let's hope we get a design that complements the ESB in some way. Imagine if 53w53 went up in this location.

good grief -- a 360 view of it? can you imagine?!!

if the design of this one is even half as good as that it will be fine.

unfortunately, im not too hopeful about good design for this one.

but with that height i would settle for any bland, anonymous tower.

anything but a crappy, cheap glass box will be alright.

a great design would be a nice big surprize though.

[NYguy]

Originally Posted by mrnyc

good grief -- a 360 view of it? can you imagine?!!

if the design of this one is even half as good as that it will be fine.

unfortunately, im not too hopeful about good design for this one.

but with that height i would settle for any bland, anonymous tower.

anything but a crappy, cheap glass box will be alright.

a great design would be a nice big surprize though.

I'm hoping this wouldn't be a glass box, but the chances are greater that's what it will be. I wouldn't mind Stern being brought in on this one, and giving the tower a crown.

[NYguy]

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

02/22/2017

INSTALLATION OF TEMPORARY SCAFFOLD AS PER PLAN SUBMITTED.

http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01

02/22/2017

INSTALLATION OF TEMPORARY SIDEWALK SHED AS PER PLAN SUBMITTED.