Victor Homes pitching NoMad tower to EB-5 investors: report

Rafael Viñoly designing the planned 51-story condo building

New York /
Dec.December 22, 2014 12:05 PM

Victor Homes is reportedly shopping a 51-story Rafael Viñoly design for a condominium tower at 281 Fifth Avenue to foreign investors. 

Massing diagrams revealed to potential EB-5 investors show a cantilevered design to rise at the corner of Fifth Avenue and East 30th Street, in the NoMad section of Midtown South, according to New York YIMBY.

The proposed design includes 250,065 total square feet, to be spread over ground floor retail and luxury residences on the upper levels.

The developer paid $99 million for the site in June, acquiring the three-story site of a former deli in addition to a package of development and air rights that were amassed by former owners Kushner Real Estate Group and Ironstate Development Company.

Viñoly’s New York City designs include the John Jay College of Criminal Justice On 10th Avenue, the Bronx Housing Court and a redesign of the Bernard and Anne Spitzer School of Architecture at City College. [NY YIMBY]Tess Hofmann

 

Related Articles

arrow_forward_ios
11 East 26th Street and 15 East 26th Street (Google Maps)
Rockrose takes over NoMad office building in $145M deal
Rockrose takes over NoMad office building in $145M deal
277 Fifth Avenue and Shokai Group's Shawn Xianyang Zhang (277 Fifth Avenue/Rafael Viñoly, Shokai Group)
Shokai Group picks up unsold NoMad condos for $81M
Shokai Group picks up unsold NoMad condos for $81M
Safehold snares ground lease under Ron Burkle’s troubled NoMad Hotel
Safehold snares ground lease under Ron Burkle’s troubled NoMad Hotel
Safehold snares ground lease under Ron Burkle’s troubled NoMad Hotel
Vanbarton Group’s Gary M. Tischler and Richard Coles with Marble Collegiate Church at 1 West 29th Street (Getty)
Vanbarton Group, church sued by foreign investors in fallout from HFZ debacle
Vanbarton Group, church sued by foreign investors in fallout from HFZ debacle
Jeff Bezos and 212 Fifth Avenue (Daniel Oberhaus/Flickr, Google Maps)
Jeff Bezos buys fifth unit at 212 Fifth Avenue
Jeff Bezos buys fifth unit at 212 Fifth Avenue
Amir Loloi and 260 Fifth Avenue (Loloi, Google Maps)
With $52M sale to Texas rug maker, plan for oligarchs’ tower unravels
With $52M sale to Texas rug maker, plan for oligarchs’ tower unravels
11 East 26th Street with Henry and Justin Elghanayan (Google Maps, Getty)
Rockrose investment values Nomad office building at $235M
Rockrose investment values Nomad office building at $235M
Salim “Solly” Assa and the Mave Hotel at 62 Madison Avenue (Getty, Google Maps)
Solly Assa delinquent on Mave Hotel loan
Solly Assa delinquent on Mave Hotel loan
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...