New York City’s iconic skyline is about to get a new addition – a “supertall” skyscraper that will bring a touch of old New York glamour to Manhattan’s most desirable street.
The 520 Fifth Avenue tower, standing at a staggering 1,000 feet tall, will soon become the largest residential tower on the Avenue, offering units starting at $1.7 million. Situated in Midtown Manhattan, just a stone’s throw away from Bryant Park and Grand Central Station, this building is set to become a new architectural landmark in the city.
The interior design of these luxury condominiums is inspired by old New York sophistication with a contemporary twist. Featuring neutral colors and ample natural light, the apartments offer high ceilings, wide plank white oak floors, and exquisite finishes that exude elegance.
A highlight of the building is the 88th-floor amenity-only level, offering residents a lounge, dining area, game room, solarium, and library, as well as boutique offices and an exclusive members club called Moss.
The exteriors of the tower boast elegant terracotta arches, reminiscent of European palaces and inspired by the iconic architectural styles of nearby landmarks. These arches add a warm and inviting touch to the building’s facade.
With the real estate market booming, the National Association of Realtors predicts a 13.5% increase in home sales by 2024, bringing modest improvements in affordability. Additionally, Realtor.com forecasts a slight easing in home prices and a drop in mortgage payment percentages compared to median incomes.
As New York City continues to evolve, the 520 Fifth Avenue tower stands as a testament to the city’s enduring charm and timeless appeal, offering a luxurious lifestyle in the heart of Manhattan.