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Rabina unveils tallest residential tower on Fifth Avenue
NEW YORK, April 10, 2024 /PRNewswire/ — Rabina, a family-owned and operated real estate investment and development firm based in New York, today announced the launch of residential sales for its upcoming 1,000-foot mixed-use tower at 520 Fifth Avenue. Rising above Midtown in the heart of New York City, 520 Fifth will be the tallest residential tower on Fifth Avenue. In addition to the 100 new condominium residences starting on the 42nd floor, 520 Fifth will feature a collection of luxury boutique office floors and Moss, a new members club that will provide best-in-class hospitality in partnership with a restaurateur of internationally renowned, recreation, athletics and wellness.
“520 Fifth Avenue is the expression of our long-held belief that true luxury is about connection and community,” said Josh Rabina, president of Rabina. “Our world-class team has created beautiful, well-serviced spaces throughout the building that create opportunities to rejuvenate and relax, but also engage, learn and connect. We are deeply proud to deliver a project that we believe will feel like an authentic part of this iconic neighborhood and will capture a bit of the sparkle, glamour, history and soul that make New York the greatest city in the world.”
The one- to four-bedroom homes are spread vertically across the building’s top 40 floors, providing residences of all sizes with access to the building’s highest floors with stunning views of Manhattan’s iconic skyline, from river to river and beyond. A resident-only amenity floor on the building’s 88th floor is the building’s crown jewel, featuring a stunning glass-walled sunroom, lounge, dining room, library and games room to complement Moss’ extensive amenities. Sales are launched from a remarkable new gallery and a private room next door with views of the building as it rises.
Rabina assembled a world-class team to bring 520 Fifth to life with architecture by world-renowned Kohn Pedersen Fox (KPF) and interiors by Vicky Charles’ AD100 design firm, Charles
Inspired by the numerous landmark and Beaux Arts buildings surrounding 520 Fifth Avenue, KPF incorporated architectural elements that honor the neighborhood’s history while bringing a distinctive modernity to the building’s prominent Fifth Avenue corner. Characteristic glazed terracotta arches frame three by three meter glass openings and elegant stepped terraces enliven the façade as they spiral up the tower.
“Our design for 520 Fifth Avenue places residential and office space atop a club within a 1,000-foot-tall tower. This synergistic combination of uses is configured as a set of slim volumes rising toward the sky,” said James von Klemperer, president of KPF and director of Design. “The building steps back following the zoning envelope, echoing Hugh Ferris’s architectural visions of 1920s New York. The mass is further articulated through arched window modules inspired by neighborhood landmarks, including Grand Central Terminal, “the New York Public Library and the adjacent Century Association. These arches convey a sense of warmth that fits well with the welcoming character of the building’s spaces.”
Charles
“Our goal for a project of this caliber was to design residential spaces that evoke a unique atmosphere while naturally reflecting the spirit and function of the entire building,” said Vicky Charles, founder of Charles
The 24-hour lobby features custom arched mosaic floors and reeded walnut walls providing an elegant arrival. The homes’ considered designs are set against a backdrop of light-filled views framed through the building’s signature wide arched openings, ceiling heights ranging from approximately 10 feet to over 14 feet, and wide-plank white oak floors. 7 inches. Kitchens will feature top-of-the-line appliances, fluted walnut islands, white lacquer cabinets, and luminous quartzite slab countertops and backsplashes, while bathrooms include custom vanities with marble countertops, herringbone marble floors, and custom fixtures. Waterworks polished nickel. The stunning penthouse residences will offer grand full-floor layouts, light-filled spaces and elegant proportions for entertaining against a backdrop of panoramic views.
“We are very excited to represent this building. Every detail has been carefully considered and meticulously executed. It is truly phenomenal and we know buyers will love it and be truly impressed. All over the world, people are looking to live in the center of the city .520 Fifth presents that opportunity and much more,” said Donna Puzio, senior sales director for Corcoran Sunshine Marketing Group, the exclusive marketing and sales agent.
Located in the heart of a newly revitalized Midtown, 520 Fifth Avenue marks the center of the world’s largest downtown. When completed in 2025, the building’s residences will grace the skyline with distinguished architectural icons, including the New York Public Library, Grand Central Station, Rockefeller Center and the Chrysler Building. The homes are just blocks from bustling Bryant Park, two blocks from the unparalleled transportation options of Grand Central Station, and close to everything that makes living in Manhattan extraordinary: Central Park, the theater district, the Fifth Avenue shops, the Museum of Modern Art (MoMa), Rockefeller Center and world-class restaurants.
Current availability pricing on 520 Fifth starts at $1.7 million. Corcoran Sunshine Marketing Group is the exclusive marketing and sales agent. For more information or to schedule a sales appointment, visit www.520Fifth.com.
About RabinaRabina is a New York-based real estate investment and development company that has been family owned and operated for three generations and over 65 years. Through multiple business cycles, Rabina has owned more than 25 million square feet of residential, office, retail, industrial and mission-critical assets throughout the United States and abroad. Rabina’s portfolio continues to grow through a strong ground-up development portfolio and opportunistic investments in institutional quality assets. Steady leadership, a long-term vision and a commitment to integrity have allowed Rabina to thrive over the years as a partner, developer, owner, borrower and lender. By applying enduring principles to today’s challenges, Rabina is poised for continued growth in an ever-changing marketplace. For more information, visit rabina.com.
About Kohn Pedersen Fox (KPF) Kohn Pedersen Fox (KPF) is one of the world’s leading architecture firms, providing architectural, interior, programming and master planning services for clients including some of the world’s leading developers, corporations, entrepreneurs and most progressive institutions in the United States and around the world. KPF strives to design durable architectural solutions that mitigate their life cycle impacts on environmental resources and that protect and enhance the well-being of the communities they serve.
About CHARLES
About Corcoran Sunshine Marketing Group With more than 30 years of marketing experience and collective sales of more than $60 billion, Corcoran Sunshine Marketing Group is a recognized industry leader in the planning, design, marketing and sales of residential developments. luxury. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group’s portfolio contains a curated collection of the world’s most desirable new addresses.
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