Pine Street Group LLC
Pine Street Group LLC

FIFTH & PINE BUILDING AND 1505 FIFTH AVENUE BUILDING

As part of its initial three-block project, Pine Street Development (PSD) assumed ownership of the former Nordstrom downtown store. In 1999, PSD renovated the property into new office and retail space with the objective of making the structure inviting and creating a better street. The result was development of two adjoining buildings: the Fifth & Pine Building and the 1505 Fifth Avenue Building.

The five-story, 150,000-square-foot Fifth & Pine Building once composed the northern two-thirds of the former Nordstrom store. The property fronts on the southwest corner of the intersection of Fifth Avenue and Pine Street. It is currently occupied at street-level by retailers Sephora, All Saints Spitalfields, Urban Outfitters and Anthropologie, and by office tenants on the levels above. Pine Street Group leased and managed the building until it was sold in 2005.

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