Published On: Wed, Aug 23rd, 2017

Israeli Developer Boris Kuzinez Might Be Planning a $75 Million Penthouse at 262 Fifth Ave.

An application that does not offer a sale to the public, show floor plans for 39 apartments Boris Kuzinez hopes to bring to a 1,001-foot tower in NoMad.

Israeli developer Boris Kuzinez could list a triplex apartment at 262 Fifth Avenue for as much as $75 million, according to filings with the New York State Attorney General office obtained by The Real Deal.

The documents, included in a “test the market” application that does not constitute an offering of sale to the public, show floor plans for 39 apartments Boris Kuzinez hopes to bring to a 1,001-foot tower planned in NoMad.

Almost all of them are massive, especially by New York standards. The largest unit cited in the application is the 9,901-square-foot triplex penthouse. Tagged “Villa 3,” the three-bedroom mansion would cover the entire 51st through the 53rd floors. The potential pricing for such an apartment is given as a range: $59 million to $75 million, or $5,958 to $7,574 per foot.

“Villa 2,” down on the eighth and ninth floors, is 5,297-square foot apartment with a spiral staircase and what looks like 2,000 square-feet of outdoor space. That unit would be priced somewhere between $20 million and $45 million, according to the filings.

The potential lowest price at the tower is $2.7 million for a one-bedroom unit. Yuri Grigoryan, an acclaimed Russian architect who worked with Kuzinez on developments in Moscow, is designing 262 Fifth Avenue. The project is the first American project for Grigoryan’s studio, Meganom.

.. [The Real Deal, by  Will Parker]

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