CIM Group and Macklowe Properties building 432 Park Avenue, the tallest building in New York City
June 5, 2013: CIM Group and Macklowe Properties’ landmark 432 Park Avenue project has achieved nearly US$1 billion in sales since its official launch in March 2013. Buyers are predominantly from the US with others from South America, the Middle East, UK, China and Russia. With an expected completion in 2015, the 1,396-foot tower, designed by Rafael Viñoly, will become the tallest building in New York City and the tallest residential tower in the Western Hemisphere.
Located on Park Avenue between 56th and 57th Street, 432 Park Avenue is surrounded by renowned retailers offering the best of fashion, art and design. The slim and elegant square tower will ascend 96 stories and will be constructed using architectural concrete, steel and glass. All windows measure an expansive 10 feet by 10 feet, flooding residences with abundant natural light and providing spectacular views of Central Park, the Hudson and East Rivers, Atlantic Ocean and many iconic Manhattan buildings and avenues.
The residents will enjoy amenities including a private restaurant, outdoor garden for dining and events, spa and fitness centre with sauna, steam and massage rooms, 75-foot swimming pool, library, lounge, billiards room, screening room and performance venue, children’s playroom, and boardroom. In-suite catering, concierge, 24-hour doorman, and valet parking services will be provided by the building’s handpicked staff.
Residences include private elevator landings, separate service entrances, eat-in kitchens, windowed his-and-her bathrooms and large master suites with adjoining dressing rooms. Interior finishes include 12.5-foot finished ceilings, solid oak flooring, custom hardware, and the highest quality natural materials. Kitchens feature custom cabinetry, Miele stainless steel appliances, Dornbracht fixtures, and marble countertops and flooring. Master bathrooms are fitted in book-matched slabs of Italian statuario marble and contain freestanding soaking tubs, custom vanity units and radiant-heated floors. Residents will also have the exclusive ability to purchase climate-controlled wine cellars, office suites, staff apartments and storage facilities as a complement to their residence.
Residences at 432 Park Avenue are from US$7 million - US$95 million.