Two Fifth Avenue was featured in the Sunday edition of The New York Times’ Real Estate section: The Killer Assessment MPA was involved in refurbishing the forecourt, lobby, and elevators.
The facade is fixed now, but not long ago, bulging bricks spelled trouble for 2 Fifth Avenue, between Washington Square North and West Eighth Street.
Two Fifth Avenue, designed in white brick by the firm of Emery Roth & Sons, was completed in 1951. Its facade, all 900,000 bricks, was replaced after a $30.7 million assessment.
After the facade was replaced at Two Fifth Ave, money left over went to refurbishing the elevators, the entrance and the lobby.