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Old January 12th, 2014, 04:38 PM   #1
RobertWalpole
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NEW YORK | 292-294 Fifth Ave | Prep

The third and fourth buildings in from the north corner will be razed. Presumably, the developer is trying to get the corner building too.

They're very decent, but thoroughly neglected, buildings, though the one on the corner lacks charm.

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Old January 12th, 2014, 07:31 PM   #2
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Good to hear, this area between 23rd and 34th from 5th ave all the way to 8th avenue needs a major revamp. It's too good a location to look so decrepit, especially when there are as you said many decent buildings; and those cheap stores have to go too.

Last edited by Ghostface79; January 12th, 2014 at 08:34 PM.
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Old January 12th, 2014, 08:51 PM   #3
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That area had has many stunning old buildings, but it was neglected for quite some time.
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Old January 16th, 2014, 02:44 PM   #4
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It's unclear if this article involves this site or the one across the street which also will be developed.

http://www.bisnow.com/commercial-rea...ng-nyc-condos/
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Old January 18th, 2014, 05:27 AM   #5
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How about the building behind the camera store. Is that going down?
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Old January 18th, 2014, 05:35 AM   #6
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The one on the north corner? I assume that they're trying to get it.
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Old March 20th, 2014, 03:26 AM   #7
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The sidewalk shed was being erected on the 19th of March, 2014. 292 and 294 5th will be replaced by a twenty story hotel. As this is a low rent area, I hope that it's not complete crap. NY tends to have a lot of "schleppy" developers for small projects like this who seek to squeeze every shekel out of a project.

It's a shame that small time schmucks and putzes building here because this stretch of 5th has many stunning old buildings, and higher end projects could accelerate the gentrification.

Currently, this area has .99 cent pizza shops and junky stores that sell cheap souvenirs. Five years ago, this area was very forlorn but is improving now.

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Another project is beIng developed across the street from here. Hopefully, it will be decent.

http://therealdeal.com/blog/2014/01/...n-condo-tower/


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Old March 20th, 2014, 09:43 PM   #8
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Funny enough, HWKN's offices are in the building in the second photo (281 Fifth), which makes sense, as Marc Kushner (of Architizer) is also a principal at HWKN, and his brother is Jonathan.
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Old March 21st, 2014, 05:15 AM   #9
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A 20 story hotel by Rawlings Architects is planned. I hope that these schleps bestowe a simple box upon us and nothing too absurd. Wishing for more than a simple box would be a pipe dream.
http://a810-bisweb.nyc.gov/bisweb/Jo...ssdocnumber=01
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Old March 21st, 2014, 01:29 PM   #10
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Guess the thread should be moved to General Urban Developments, then.
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Old March 22nd, 2014, 10:19 AM   #11
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With 20 floors it probably won't hit the 100 meter mark.
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Old March 23rd, 2014, 04:47 AM   #12
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As long as the Willougby's will be saved somewhere around (it is a perfect store for a photographer) - these buildings have nothing special.
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Old May 28th, 2014, 03:26 AM   #13
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The developers just acquired 296 Fifth too. I'm sure that they're trying to purchase the corner building, No. 298, as well.
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Old May 28th, 2014, 03:29 AM   #14
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Quote:
Originally Posted by LordArthurWellesley View Post
The developers just acquired 296 Fifth too. I'm sure that they're trying to purchase the corner building, No. 298, as well.
Nice
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Old May 28th, 2014, 03:34 AM   #15
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I agree. I hope that they build something decent, unlike The Dylan. For those who are not from NY, the Hotel Walcott, which is on the side street adjacent to this parcel is stunning. It's typical of the beautiful old architecture in this area.

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Old May 28th, 2014, 04:12 AM   #16
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Quote:
Originally Posted by LordArthurWellesley View Post
I agree. I hope that they build something decent, unlike The Dylan. For those who are not from NY, the Hotel Walcott, which is on the side street adjacent to this parcel is stunning. It's typical of the beautiful old architecture in this area.


That is a stunning building. It is supposedly haunted and has amazing interiors.

http://www.nydailynews.com/life-styl...icle-1.1122701

Thankfully, it was designated a landmark in 2011.
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Old May 28th, 2014, 04:16 AM   #17
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There are buildings like that all over south of 42nd St. It's stunning. I love The Carlton on Madison.



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Old July 11th, 2014, 04:04 AM   #18
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10 July 2014

The netting is up.
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Old October 1st, 2014, 04:17 PM   #19
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I think that the developers may have acquired 290 5th. It's the building with the "Pink" sign.

image hosted on flickr

Last edited by LondoniumLex; October 1st, 2014 at 04:26 PM.
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Old October 30th, 2014, 09:25 PM   #20
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Quote:
Originally Posted by LordArthurWellesley View Post
The developers just acquired 296 Fifth too. I'm sure that they're trying to purchase the corner building, No. 298, as well.
Retailer puts a wrench into Empire’s plans for NoMad hotel - http://therealdeal.com/blog/2014/10/....p7uRVn17.dpuf



Quote:
Ronald Domb’s Empire Hotel Group is seeking to tear down a building at 296 Fifth Avenue and build a 20-story hotel there, but one of the NoMad building’s current retail tenants is looking to stay put. Footwear retailer NY Top Brands will face off in Manhattan Supreme Court next month with lawyers for Empire.

Justice George Silver ordered a Nov. 17 hearing on whether NY Top Brands can resolve a default notice issued by Empire at 296 Fifth Avenue. The notice alleges that the retailer failed to maintain proper business interruption insurance. Lawyers for the retailer, in a complaint filed Oct. 15, said that it has a valid seven-year ground lease for its first-floor space at 296 Fifth Avenue.

The retailer claims that its lease doesn’t expire until March 2018. Executives at NY Top Brands claim they thought they had adequate insurance when they signed the lease with the prior owner, C&K. They allege that Domb only brought the suit to kick them out following his $10.5 million purchase of the site, which also includes 292 and 294 Fifth Avenue. “The defendant’s sole motivation in serving the notice of default is to dispossess and divest the plaintiff of a valuable commercial lease, which is the landlord’s last standing impediment to tearing down the subject building and constructing a building likely to be joined with two adjacent buildings, which are also owned by the landlord,” said Jay Chehab, president of NY Top Brands, in a sworn affidavit.

The proposed 52,000-square-foot hotel would have 130 rooms as well as 12 residential units on top, according to plans filed with the Department of Buildings in February Attorney Jared Kassenoff, who represents the landlord, declined to comment. Lawyers for NY Top Brands were not immediately available for comment. Domb was not immediately available for comment.
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