In the latest redevelopment play spinning a legacy New York City property into modern office space, a joint-venture team is planning a $300 million repositioning of 295 Fifth Ave., the iconic Textile Building in Midtown South that at its peak housed showrooms of more than 100 manufacturers.
History-Rich Textile Building to Be Repositioned for Tech Tenants
Investors Acquire Ground Lease, Plan $300 Million Modernization of Former Showroom for New York Garment Trade
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IN THIS ARTICLE
- Properties
- The Textile Bldg
295 5th Ave, New York, NY