Architect: Kohn Pedersen Fox Associates
Address: 505 Fifth Avenue, Google Local Map
27-story, 275,000 square feet
Under construction, completion is scheduled for late 2005
Developer: Kipp-Stawski

Construction of a 27-story glass and concrete building has begun at the northeast corner of 42nd Street and Fifth Avenue - on a lot vacant for more than a decade that once held the mansion in which Edith Wharton made her society debut in 1879.

The building, whose address will be 505 Fifth Avenue, is being developed on three building lots by Kipp-Stawski, the development and property investment company. It will have about 275,000 square feet of space, mainly offices.

Kohn Pedersen Fox Associates has designed 505 Fifth Avenue, and the contractor is Pavarini McGovern. "What's really special about this site in New York," said Paul Katz, the Kohn Pedersen Fox principal in charge of the project, "is that most smaller buildings tend to be enclosed by the neighboring blocks. But this building opens out and has a wonderful vista over one of the most important intersections, 42nd Street and Fifth Avenue, and one of the greatest buildings, the New York Public Library."

The building is expected to be ready for tenants to start their interior work in late 2005 or early 2006. There will be about 20,000 square feet of retail space in the building's ground floor, first floor and basement.

Community

Discuss 505 Fifth Avenue at Wired New York Forum

Pictures of 505 Fifth Avenue

505 Fifth Avenue

See larger picture

505 Fifth Avenue - the view from Top of the Rock - observation deck in Rockefeller Center. 29 October 2005.

505 Fifth Avenue

See larger picture

Construction progress. 12 December 2004.

505 Fifth Avenue

See larger picture

Construction of a 27-story glass and concrete building has begun at the northeast corner of 42nd Street and Fifth Avenue - on a lot vacant for more than a decade that once held the mansion in which Edith Wharton made her society debut in 1879. 26 June 2004.

505 Fifth Avenue

See larger picture

The site of 505 Fifth Avenue in December 2001.

505 Fifth Avenue

See larger picture

The site of 505 Fifth Avenue in December 2001.