335 Fifth Avenue
Update
03/15/22
Demolition Underway Ahead of 21-Story NoMad Tower
Demolition contractor, ALBA Services, is currently in the process of disassembling the historic, Demarest Building, located at 335 Fifth Avenue in Manhattan's NoMad neighborhood.
Constructed way back in 1889, the 5-story building was originally used as a showroom for luxury horse carriages. In later years, however, it was split into separate retail units and occupied by arguably less fascinating businesses. Another little fun fact about the building is that it contained the world's first electric elevator. Unfortunately, despite all its history, the Landmarks Preservation Commission determined that the structure had undergone too many alterations throughout its life to qualify for any sort of designation.
In its place, developer, , plans to construct a 21-story, mixed-use tower. The building will contain residential units and square feet of retail, spanning the bottom 3-floors. Designed by , PC, the structure will total approximately square feet. With demolition still ongoing, construction permits have yet to be filed.