# 292 5th Avenue, Manhattan

Hotel · built 2018 · Block 832, Lot 44.

On Umarelli: https://umarelli.org/nyc/1008320044/292-5-avenue

More construction in Garment District: https://umarelli.org/nyc/manhattan/garment-district.md

## Building permits

- Alteration, filed Aug 8, 2024, estimated cost $20K, described as “Hereby filing for buildout of new laundry room on 17TH floor. No change in use egress or occupancy”
- Alteration, filed Dec 2, 2021, estimated cost $1K, described as “Hereby filing for a new marquee in conjunction with NB application 121184789”
- Alteration, filed Nov 11, 2021, estimated cost $1K, described as “Propose to install non-illuminated non-advertising sign. No change in use, egress, or occupancy.”
- No Work, filed Aug 26, 2021
- Alteration, filed Mar 1, 2021, estimated cost $5K, described as “Installation of sidewalk shed as per plans. Sidewalk shed live load will be 300 psf, shall comply with chapter # 33 of the 2014 code. No change in use, egress or occupancy.”
- Alteration, filed Jul 13, 2020, estimated cost $15K, described as “Alteration type 3 - construction equipment - scaffold proposed installation of pipe scaffold for new building as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Aug 14, 2019, estimated cost $5K, described as “Proposed installation of temporary needle beams with scaffold on top filed under application #M00105208 as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this…”
- Alteration, filed Dec 12, 2018, estimated cost $15K, described as “Proposed installation of temporary pipe scaffold for new building as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Aug 17, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jun 12, 2018, estimated cost $5K, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”

## Property taxes

- Assessment: $18,939,600
- 2026–27 tax: $1,911,888
- Market value (city estimate): $42,088,000
- Taxable value: $17,624,340
- Assessed land: $1,980,900
- Assessed improvements: $16,958,700

## Zoning

C5-2: floor area ratio 13.56 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Dec 8, 2023: $76,339,745
- Mar 28, 2017: $42,420,000

Open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Board and land use applications

- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.

## In the news

[Le Meridien Hotel Completes Construction at 292 Fifth Avenue in NoMad, Manhattan](https://newyorkyimby.com/2022/03/le-meridien-hotel-completes-construction-at-292-fifth-avenue-in-nomad-manhattan.html), New York YIMBY, Mar 29, 2022.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology