How much did 277 Fifth Avenue cost to build?
277 Fifth Avenue is a 55-story residential condominium tower in Manhattan's NoMad neighborhood, developed by Victor Group and Lendlease and designed by Rafael Viñoly Architects. The approximately 205-metre building contains 130 condominiums and about 25,550 square metres of gross floor area. Construction began in 2016 and the tower was completed in 2018. A November 2018 industry panel featuring the Lendlease development team described it as a USD 550 million project, compared with the USD 470 million project estimate reported when its financing closed in 2017.
Published project estimate
$550 million
Cost basis: 2018
Cost record
How the cost changed
Budgets, contracts and final costs may cover different stages. Each figure keeps its own year and source.
Published project estimate
2018$550 million
haaus.orgContract value
2018$282.6 million
static.seekingalpha.comFinancing amount
2017$369 million
commercialobserver.comProject metrics
Key dimensions
- HeightRafael Viñoly Architects
- 205 m
- Floor areaRafael Viñoly Architects
- 25,550 m²
Project record