Fifth Avenue's tallest all-residential tower is officially on the open market, as 262 Fifth Avenue has just listed its first home after a spring of private showings and off-market deals, with Residence 17, a duplex of more than 4,400 square feet on the 30th and 31st floors of the 860-foot NoMad tower, asking $20 million. The 52-story tower holds 26 residences, and a second duplex followed in early November, on the ninth and tenth floors, at $14.6 million, while the great room in Residence 17 runs 43 feet, column-free, behind floor-to-ceiling windows that frame the Empire State Building, the Chrysler Building, Madison Square Park, and One World Trade Center.
The tower rises 860 feet from the corner of Fifth Avenue and 29th Street with a slenderness ratio of 19:1. Meganom, the Moscow practice that had never designed a building in the United States before this one, designed the tower. WSP engineered the structure, GEA the mechanical systems, and SLCE Architects is architect of record. Outside, the facade is dressed in more than 220,000 sculptural aluminum brick elements.
Norm Architects of Copenhagen handles the interiors, a commission that started with a single residence and grew to cover every home and the lobby, and the tower is the first New York project for both firms. Five Points Development Group, founded by Boris Kuzinez, is the developer. At the crown an inverted arch finished in gold frames an oculus, as revealed earlier this year. The gilding is by Giusto Manetti Battiloro, the Florentine atelier whose work includes Florence Cathedral and the Prometheus statue at Rockefeller Center.
Residence 17 opens from a private elevator landing into an entry gallery, and a sculptural oak staircase connects the two floors, with sustainably sourced oak underfoot and natural stone in the kitchen and baths. The kitchen pairs custom Molteni&C cabinetry with Grigio Alpi marble and integrated Sub-Zero, Gaggenau, and Miele appliances. The primary suite takes a corner bedroom and a custom dressing room, and its spa bathroom has a freestanding soaking tub and vanities carved from single-slab blocks of the same Grigio Alpi stone.
Two more bedrooms carry en-suite Venetian stone bathrooms. Advanced air filtration, radiant floor heating and integrated smart home technology run through the home, behind triple-glazed, seven-layer windows that take in both the Hudson and East Rivers. At three bedrooms and three and a half baths, the $20 million ask works out to $4,539 per square foot.
Nikki Field and Ben Pofcher of The Field Team at Sotheby's International Realty are leading sales, which began off-market this spring with full-floor residences priced from $7.5 million. Those full-floor homes run from one to four bedrooms and from roughly 1,956 to 9,622 square feet, and the mix of full-floor and duplex layouts includes at least one quadruplex. "They're investing in a lifestyle centered on wellness, privacy, longevity, and exceptional design," Field said of today's global luxury buyer. Molteni&C furnishes the residences with pieces that include the D.151.4 and D.154.2 armchairs by Gio Ponti and the Aster coffee table by Vincent Van Duysen, and CEADESIGN fixtures run through the kitchens and bathrooms.
Residents will enter from a private entrance on 29th Street into a double-height lobby designed by Norm Architects, and a secure motor court leads to an automated parking garage. The 41st floor will hold a three-story outdoor terrace. A wellness club brings together a fitness center, a spinning and yoga studio, and treatment rooms.
The corner is three blocks north of Madison Square Park, in a NoMad that is filling in around it. Viceroy Park Avenue is now open nearby with 252 rooms, the Flatiron Building is open to residents for the first time in its history, and Soho House NoMad is on the way. Kuzinez first filed plans in September 2016, and he is the developer credited with turning Moscow's Ostozhenka Street into a Russian Billionaires' Row. The tower topped out in 2024, and the New York Attorney General signed off on the condominium plan.