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New 52-Story Tower to Redefine Manhattan's Luxury Market

4/13/2026

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Story summary
  • A 860-foot, 52-story residential tower at 262 Fifth Avenue will become the tallest all-residential building on Fifth Avenue, with 26 residences.
  • The tower sits at Fifth Avenue and 29th Street and is designed by Meganom with interiors by Norm Architects.
  • Five Points Development Group plans to engage select buyers before a broader market launch to elevate Manhattan's luxury market beyond Billionaire's Row.