400 Fifth Avenue

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400 Fifth Avenue, New York City, NY

400 Fifth Avenue
400FifthAvenueNYC.jpg

400 Fifth Avenue in Midtown South, NYC
Building Information
Developer Bizzi & Partners Development
Architect Gwathmey Siegel
Number of Units 184
Number of Floors 60
Year Built 2010
Construction Method Concrete
Type of Roof Stainless Steel Crown
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400 Fifth Avenue, New York City
Distance to Public Transit Less than one block
Region New York City
Municipality New York City
Zoning C5 - 3
Title of Land Mixed Use


Contents

Background

Built in an area typically associated with tourist souvenir shops and fast food restaurants, 400 Fifth Avenue opened in 2010 with an ambitious goal: to transform the area into an upmarket, high end neighborhood.

With a five star hotel in the lower floors and luxury condominiums in the top floors, this mixed use building has distinguished itself by working to complement its neighbors in design, to not jeopardize the area’s famous skyline, and to fit into its surroundings. At the same time, the building’s angled windows and flared rooftop design has ensured that while sensitive to its neighbors, 400 Fifth Avenue has carved out its own unique stamp on the neighborhood. At this point, only time will tell if the building’s ambitious goal will be achieved.[1]

Location

400 Fifth Avenue is located in the neighborhood of Midtown South. Due to its proximity to several New York City landmarks, the area is mostly known for its high tourist traffic, congestion, fast food restaurants, overcrowded pubs, and tacky tourist shops. Standing at the northwest corner of Fifth Avenue and East 36th Street, 400 Fifth Avenue is mere blocks away from the Empire State Building, the New York Public Library, and Bryant Park. Both Penn Station and Grand Central Terminal are within walking distance, as are several major subway lines. Travel from 400 Fifth Avenue to anywhere in New York City can be accomplished with relative ease.

To the northwest, residents can enjoy the world renowned theater district of Broadway, while to the north, a retail paradise can be found along Fifth Avenue where most of the world’s luxury brands have stores. Louis Vitton, Gucci, Prada, Armani, Versace, Tiffany and Co., and Chanel can all be found along this boulevard, as well as the luxury department stores Saks Fifth Avenue, Barney’s, and Bergdorf Goodman. For those with less expensive tastes, 400 Fifth Avenue is just a couple of blocks away from the world famous department store Macy’s.[2]

With a walk score of 98 out of 100, residents of 400 Fifth Avenue do not require a car to complete their daily errands, as the building is within walking distance of dozens of shops, restaurants, home services, and transit options. [3]

Construction

The development of 400 Fifth Avenue passed through many hands before construction could begin in 2008. Originally, The Chetrit Group was going to develop the site with a design by Skidmore, Owings & Merrill, but The Chetrit Group ended up selling their development rights to Tessler Developments LLC for $150 million. Tessler then teamed up with Lehman Brothers to develop the site using a design by Gwathmey Siegel, but ultimately ended up selling the development rights to the Italian company Bizzi & Partners Development in May of 2006. In October of 2006, New York’s Community Board 5 voted in favor of transferring an additional 173,000 square feet of development rights to Bizzi & Partners from the neighboring former Tiffany Building, and work on 400 Fifth Avenue finally began.[4]

Gwathmey Siegel was again commissioned to create a design for the space, coming up with a 60 story tower designed in the Modernist style of architecture. Construction began in 2008, and was finished in 2010, at which time 400 Fifth’s Avenue’s rocky road to opening day was complete.[5]

Layout and Features

400 Fifth Avenue consists of 214 hotel rooms on the first 24 floors, with 184 residential condominiums comprising the remaining 34 floors. The building is noted for for its 11 story base that features a curved corner at the intersection of Fifth Avenue and East 36th Street, which allows for the front facade design to continue along both streets. The remaining floors rise above this 11 story base in a single tower that has no setbacks, and is distinguished by the angled window patterns and limestone vertical columns that run in between these windows.

The tower is capped by a stainless steel crown that conceals the mechanical equipment of the building and which is illuminated at night. Residents of the building have their own entrance, separate from the hotel guests, that is accessed from East 36th Street.[6]

Apartments within 400 Fifth Avenue range in size from one to six bedroom units. Every apartment comes with floor to ceiling windows, hardwood floors, oversized ceilings, iPod docking stations throughout, and in-home sound systems. The kitchens come with stainless steel appliances, marble countertops, and wooden cabinetry, while the bathrooms feature marble finishes, Grohe fixtures, double vanities, soaking tubs, and standing showers. [7]

Floor Plans

With over 140 floor plans available, a selection is presented.

Amenities

400 Fifth Avenue is staffed by 24 hour doormen, a concierge service, valet parking, and a live-in superintendent. Additional amenities include the 11th floor residents only lounge on the 11th floor that features outdoor seating space with gas fireplaces, a Spa, and a fitness center, a children’s playroom, a pool, a sauna, a yoga studio, and a steam room. There is also parking, regular and cold storage facilities, and owners in the building have access to airport transportation, on-call dentists, pharmacists, and doctors, and childcare services. [8]

Bylaws

400 Fifth Avenue Bylaws
Rentals Yes
Pets Yes
Age No
Barbecues No


This building is pet friendly and allows rentals, sublets, and pied-a-terre. There are no age restrictions for this building.

Sustainability

This building is not designated as a green building, and therefore it is up to the residents to help improve the sustainability of 400 Fifth Avenue by participating in New York City’s recycling programs, and installing more energy efficient appliances and materials when updating or renovating the apartments.

With a walk score of 98 out of 100, residents can also reduce their carbon footprint by forsaking the use of a car.[9][10]

Trivia

International football stars Kaka and Patrick Vieira were among the first buyers into this building. [11]

References

  1. Wall Street Journal - Article
  2. Wikipedia
  3. Walk Score
  4. City Realty - Review
  5. Emporis Website
  6. Street Easy
  7. New Construction Manhattan
  8. New Construction Manhattan
  9. Manhattan Scout
  10. Manhattan Scout
  11. NY Curbed

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