Brand New Development | 55 Stories | 130 Units | Winter 2020 Closing
277 5th is one of the few new buildings in New York that I think is well finished and its location is very convenient for anyone in Manhattan. The building features an all star team of architect, developer, and construction team. Making this a very high quality, eye-catching Fifth Avenue construction (and currently the tallest residence on 5th Ave.)
277 is not a very large building, it does not take a huge footprint, therefore the amenities are not as large in scale. In return, 277 makes up the lack of scale with high end materials, well finished construction and views in both directions of the Empire State Building and the Liberty/World Trade Center.
All of the above makes 277 5th a very high-end and very “New York” building
1 bedroom Price: from 1,875,000
2 bedrooms Price: from 3.2 million
3-bedroom Price: from $5.75 million
Basic Info
Brand New Development
277 5th Avenue
55 Stories
130 Units Total
Developer Victor Group and Lendlease
Architect Rafael Vinoly (designer of 432Park)
Delivery in Q3 2019
Architect
277 5th was designed by Rafael Vinoly, the same architect who designed the famous 432 Park Ave.
Rafael Viñoly’s design for the new NoMad luxury condominiums at 277 Fifth Avenue embodies his internationally acclaimed combination of elegant proportions and exquisite engineering. Vinoli designed the building’s perimeter columns so that the interior is free of structural elements that might obstruct views and interfere with the layout of the rooms. The perimeter columns establish a rhythm of alternating floor-to-ceiling vertical windows that frame the view along multiple exposures, while the solid walls are suitable for displaying artwork. A prominent architectural element of the tower is a quadruple, double-height open-air terrace that appears to be carved out of the building’s corners, encircling the building from the upper floors down. As described by Vinoli, the pavilions are grand in scale and clearly visible from the skyline, and are “an interesting type of open space and terrace that has not been seriously explored before.”]
Location Introduction
The site is located on Fifth Avenue, between 29th and 30th Streets, which is the border between NoMad and Midtown South, and is technically a part of NoMad.
If you are not familiar with NoMad, you may be a little unfamiliar with this development, but I will write a special introduction to NoMad in the coming blog posts, so I will briefly describe some of the features of this area for now.
- Convenient transportation
- High-end hotels, bars and restaurants
- Wholesale and retail clothing and jewelry (many have moved)
For many people, this is a very convenient location, as it is right in the middle of Manhattan. Personally, I like the South side of 277 5th better, so I always go to the south side of the building to eat after every show. On the contrary, I avoid the north side as much as possible because of the Empire State Building.
Building design and facilities
The design of the building is very delicate, and the designer has pulled many of the walls and columns to the facade to free up the interior space. As the number of floors increased, the architect hollowed out some of the walls to create a wind cut.
The simplicity of the overall design and the subtle detailing make this project look solid and stylish, in keeping with its Fifth Avenue NoMad signage.
24-hour doorman
In-room washer-dryer
Bicycle Storage
Storage Room
Children’s playroom
Gym (great view)
Swimming Pool
Library
Conference Lounge
Dedicated janitor
Parking lot
Interior Design
Interior
Calacatta marble and white oak are used throughout the interior to create an ambiance that combines the opulence of the hotel with the warmth of home.
10-foot-ceiling (3.05 meters)
Kitchen
Calacatta marble countertops and backsplash
White oak cabinetry
Full complementary Miller kitchenware
Garbage Disposal
Custom Kitchen Hardware
Bathroom
Floor Heating
Calacatta Marble
Custom Bathroom Equipment
Pros
Great views from the middle and upper floors
Gold plated door sign
NOMAD location has room for appreciation
Convenient transportation
Good building design with solid materials and good workmanship
Cons
Possibly small floor plan
Close to the Empire State Building
The building facilities are not that luxurious, so if you want a large facility, it may not be suitable
Conclusion
8.5/10
Overall I really like this project, the interior design is beautiful and the attention to detail is superb. In my opinion, the North facing units below 30 floors and the north-south units above 35 floors are still worth buying. In addition, NoMad, in the past 10 years, lagged behind in prices and new developments. In other words, there are still a lot of things that can happen here; including retail, restaurants and other high end residences, which can all propel the housing prices.
277 5th is suitable for most buyers, but it is not suitable for those who are looking for building facilities including swimming pool and basketball court as it is a rather boutique building.
If you are interested in buying or inquiring, please feel free contact me below.
Listing credit: Corcoran
