Victor Homes, Lend Lease file plans for 52-story condo at 281 Fifth

Vinoly-designed development includes 141 units across 209k sf of residential space

New York /
May.May 04, 2015 12:31 PM

Victor Homes and Lend Lease have filed plans for a 52-story condo tower at 281 Fifth Avenue at the corner of East 30th Street. Rafael Vinoly Architects, the designer of 432 Park Avenue, is the architect of record.

The 705-foot-tall development in NoMad will feature 141 units split across more than 209,000 square feet of residential space. The development includes 7,900 square feet of retail space on the first two floors and amenities including a lounge, fitness center, library and spa.

There will be two to four units per floor with the exception of full-floor units on the eighth, 49th and 50th stories, according to New York YIMBY.

The Department of Buildings approved the demolition of the existing three-story building at the site, which Victor Homes acquired for $99 million last year.

The developer reportedly shopped the project to potential EB-5 investors before construction firm Lend Lease bought a stake in the development last month. [NY YIMBY] – Rey Mashayekhi


Related Articles

arrow_forward_ios
Community Development Corporation of Long Island CEO Gwen O'Shea (CDCLI, iStock)
Nassau County aims to salvage $6M rent relief program
Nassau County aims to salvage $6M rent relief program
Senator Chuck Schumer and 70 Prospect Park West (Google Maps, Getty)
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Dick Cavett and the property in Montauk (Compass, Wikipedia)
Dick Cavett sells estate for $24M in priciest Montauk deal this year
Dick Cavett sells estate for $24M in priciest Montauk deal this year
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Judge trashes 421a rent overcharge suit against Muss
Low interest rates and the capability for some to work from home is helping fuel the market for vacation homes, a new survey indicates. (iStock)
Pandemic continues to fuel demand for second, third homes
Pandemic continues to fuel demand for second, third homes
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
Widow of late General Electric CEO Jack Welch buys $23M UES mansion
State Sen. Jabari Brisport and a rendering of 840 Atlantic Avenue (Getty, IMC Architecture, iStock)
How a senator’s vampire politics hurt real estate — and NYC
How a senator’s vampire politics hurt real estate — and NYC
CoStar CEO Andy Florance and REBNY president James Whelan (Getty, iStock, REBNY)
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
Brokerage execs gush over REBNY, CoStar listing portal. Agents aren’t sold
arrow_forward_ios

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

Loading...