I got this story from Curbed New York.com
It's the first official day of spring, and that means this year's crop of new developments is about to start hitting the market. They'll have a lot to live up to, because the season is starting off with a big one: 432 Park Avenue! The city's—nay, the western hemisphere's—future tallest residential building is now available. Or at least, two-thirds of the units are. A full third are already in contract, according to the Journal. We know you're hungry for details, and the renderings above barely scratch the surface, so here we go: the 1,396-foot, Rafael Vinoly-designed tower should be finished in 2015. It will contain a total of 126 apartments asking a combined $2.7 billion, which is, the Journal notes, the highest total asking price ever for a condominium building in Manhattan. That breaks down to $6,742/square foot.
What about the prices for each unit? And the amenities? And and and… >>
This is background information from Wikipedia
432 Park Avenue is a supertall residential project by CIM Group for Midtown Manhattan, New York City, USA. With a height of 1,398 feet (426.11 m), 147 condominium apartments,[1] it will become one of the tallest buildings in the United States, as well as the tallest building in New York City to the roof, surpassing both the new and old World Trade Center buildings, and second tallest in total height behind One World Trade Center. Originally proposed at 1,300 feet (396 m) in 2011,[1][2] the building is set for a 2012 start date and expected completion in 2016.[3] Located at 432 Park Avenue, the building required the demolition of the 495 room Drake Hotel built in 1926. In 2006 the hotel was sold for $440 million to developer Harry Macklowe. It was demolished in 2007. The site became one of New York's most valuable development sites[4] due to its location in the heart of the city.
This is background information from Wikipedia
From Wikipedia, the free encyclopedia
Coordinates: 40.7612°N 73.9715°W432 Park Avenue | |
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Rendering by DBOX for CIM Group/ Macklowe Properties
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General information | |
Status | Under construction |
Type | Hotel, Residential |
Location | 432 Park Avenue New York City, United States |
Construction started | foundation phase: Sept 2011 construction phase: May 2012 |
Opening | Topped out: Early 2015 Completion: mid-2015 Occupancy: late 2015 or early 2016 |
Height | |
Roof | 1,398 feet (426.1 m) |
Technical details | |
Floor count | 89 |
Design and construction | |
Architect | Rafael Viñoly[1] and SLCE Architects, LLP |
Developer | CIM Group / Macklowe Properties |
Structural engineer | WSP Cantor Seinuk |
Main contractor | Lend Lease |
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