250 Fifth Avenue

  • 28th Street Elevation

  • Fifth Avenue Elevation

  • Historic photo of Bank


250 Fifth Avenue

This 23 story hotel tower addition will sit atop the two story portion of Mckim Mead & White’s historic 1907-1913 bank building in the Madison Square North Historic District. In doing so it will complete the fourth and final stage of a century-old progression of the site’s development.

Initial explorations of the site’s possibilities were not favorable, as informal consultations with the Landmarks Preservation Commission indicated that only an addition of four or five stories above the existing two was likely to be approved. However, concentrated historic research by PBDW uncovered a 1911 New York Times article describing a proposal for a “tall loft building” on the site. By extraordinary coincidence, our own offices were in a nearby “tall loft building” built in 1913. With submission of a copy of the article (available here as a pdf), thorough data as to what such a building might have been like (visible at PBDW’s former address, 20 West 22nd Street), and accompanied by illustrative material, the Landmarks Commission was persuaded that a tall building was possible and that the handsome new design was appropriate to the historic district.

Situated at the corner of 5th Avenue and 28th Street, the boutique hotel will include 141 rooms in both the new tower and the renovated six-story existing building. These rooms will vary in size with all accommodating at least king size beds. The ground and second floor development will include hotel services, a café-restaurant, and guest amenities. A full 125-150 seat restaurant with a bar and an open terrace is planned for the roof of the existing building, and on the top floor of the 23-story tower there will be an event space with terraces overlooking Madison Square Park and lower Manhattan.


New York, NY

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