New Luxury Condo Tower Coming to Fifth Avenue

262 Fifth Avenue to become Manhattan's tallest all-residential building

Apr. 2, 2026 at 6:33pm

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A vibrant, silkscreen-style illustration featuring a repeated image of a sleek, modern high-rise tower in shades of neon pink, blue, and yellow, conceptually representing the luxury and exclusivity of the 262 Fifth Avenue condominium project.A bold, pop art-inspired interpretation of the exclusive luxury condominiums planned for 262 Fifth Avenue, New York City's future tallest all-residential tower.NYC Today

A new 52-story, 860-foot-tall luxury condominium tower is planned for 262 Fifth Avenue in Manhattan. The project, developed by Five Points Development Group, will be the tallest all-residential building on Fifth Avenue and feature just 26 full-floor and duplex units, with prices starting at $7.5 million.

Why it matters

The development of 262 Fifth Avenue represents the continued transformation of Manhattan's iconic Fifth Avenue corridor, as high-end residential projects displace former commercial and retail spaces. This project caters to the growing demand for ultra-luxury condos among the city's wealthiest buyers.

The details

The tower, designed by architecture firm Meganom and Norm Architects, will stand at the intersection of Fifth Avenue and 29th Street. The building will contain 26 full-floor and duplex residences, with units priced from $7.5 million for "simplex" units up to $18 million for duplexes. The project team also includes SLCE Architects as the architect of record.

  • The project is expected to begin private showings for prospective buyers in May 2026.

The players

Five Points Development Group

The real estate development firm behind the 262 Fifth Avenue project.

Meganom

The architecture firm designing the 52-story tower, marking their first project in New York City.

Norm Architects

The Danish design firm responsible for the interior design of the condominiums at 262 Fifth Avenue.

Nikki Field and Ben Pofcher

The Sotheby's International Realty agents marketing the condos at 262 Fifth Avenue.

SLCE Architects

The architect of record for the 262 Fifth Avenue development project.

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What they’re saying

“262 Fifth Avenue will be a landmark addition to Manhattan's skyline, offering unparalleled luxury living in the heart of the city.”

— Nikki Field, Sotheby's International Realty Agent

What’s next

The project is expected to begin private showings for prospective buyers in May 2026, with units priced from $7.5 million for "simplex" residences up to $18 million for duplexes.

The takeaway

The development of 262 Fifth Avenue reflects the continued demand for ultra-luxury residential projects catering to the city's wealthiest buyers, as high-end condos displace former commercial and retail spaces along Manhattan's iconic Fifth Avenue corridor.