Belfonti Capital Partners, LLC


485 Fifth Avenue, New York: Ground Floor – The Inside Track on the Latest Developments

Robb Report Vacation Homes

Source: Robb Report Vacation Homes – June/July 2006
ROBB REPORT—June/July 2006—A Stone's throw from Barney's, Bergdorf's and the fashion shows held in Bryant Park, 485 Fifth Avenue promises to be the missing link for those who wish to literally surround themselves with fashion. The 10-story prewar building is being redesigned and updated with interiors by fashion designer Peter Som, who worked for Bill Blass before launching his own line in 1999. His clean lines and timeless aesthetic transition well into interiors. "I'm of the philosophy that design is fluid," explains the designer, who studied art history at Connecticut College and fashion design at Parsons School of Design. "My love of luxury extends not only to clothes but what surrounds me. Architecture is a kind of clothing you live in."

Eighty-eight one- and two-bedroom residences priced from $735,000 to $2 million will occupy the first 10 floors. And a new four-story contemporary glass structure with 16 penthouses priced from $3 million to $7 million will crown the building.

Som handpicked everything from the glass tile and marble sinks in the bathrooms to the lacquered cabinetry and quartz countertops in the kitchens, but otherwise left each unit a blank canvas for buyers to decorate themselves.

The designer's mark is most prevalent in the public areas. "I approached the communal spaces as if I were designing a London gentlemen's club. I wanted people to feel enveloped in comfort as well as luxury," says Som, whose parents were both architects. "I didn't want it to look like a generic boutique hotel or for it to be tragically hip. You won't see any faux Louis chairs here."

In the lobby, Brazilian cherrywood alternates with navy blue embossed ostrich leather for the wall panels. A three-story staircase grafted with a laser-cut metal pattern based on a chrysanthemum print prevalent in Som's spring 2006 collection connects the lobby to the tranquility gardens and Visionaire's Club, a private residents' club with screening room, wine cellar, fitness facilities and business center.

Other building amenities include a couture concierge to assist with everything from dinner reservations to travel arrangements, and an automated Creston system in each unit.

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