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432 Park Avenue

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432 Park Avenue
As seen from Rockefeller Center (July 2015)
Map
General information
StatusCompleted
TypeResidences
Location432 Park Avenue
Manhattan, New York City
Construction started
  • Foundation: September 2011
  • Aboveground structure: May 2012
Completed23 December 2015[1]
CostUS$ 1.25 billion[3]
Height
Architectural1,396 ft (426 m)[2]
Tip1,396 ft (426 m)[2]
Top floor1,287 ft (392 m)[2] (occupied)
Technical details
Floor count88 + 3 below ground[2]
Floor area412,637 square feet (38,335 m2)
Lifts/elevators6
Design and construction
Architect(s)Rafael Viñoly[2] and SLCE Architects, LLP
DeveloperCIM Group / Macklowe Properties
Structural engineerWSP Cantor Seinuk
Main contractorLend Lease

432 Park Avenue is a supertall residential building in midtown Manhattan, New York City, with 104 condominium apartments. It was developed by CIM Group. Originally proposed to be 1,300 feet (396 meters) in 2011,[4] construction began in 2012, it was topped out on October 10, 2014[5] and completed on December 23, 2015.[1] The building required the demolition of the 495-room Drake Hotel, which was built in 1926. In 2006, the hotel was sold for $440 million to developer Harry Macklowe, and the hotel was demolished the year afterward. The site became one of New York's most valuable development sites due to its location,[6] between East 56th and 57th Streets on the west side of Park Avenue.

At a height of 1,396 ft (426 m),[2][7] 432 Park Avenue is the third tallest building in the United States, and the tallest residential building in the western hemisphere.[8] It is the second tallest building in New York City, behind One World Trade Center, and ahead of the Empire State Building. When measured by roof height, however, 432 Park Avenue is the tallest building in New York City, surpassing One World Trade Center by 28 ft (9 m).[7]

Height

432 Park Avenue is the second-tallest building in New York City and is the tallest residential building in the western hemisphere.[9] By mid-2018, 217 West 57th Street and 111 West 57th Street will be at a similar height.[10] The tower has a footprint of approximately 33,000 square feet (3,100 m2).[11] The building was officially topped out on October 10, 2014,[7][12] making it the highest rooftop in the city.

Design

Designed by architect Rafael Viñoly around what is described as "the purest geometric form: the square" and inspired by a trash can,[13] the tower is designed to have eighty-four 3,969-square-foot (368.7 m2) stories, each with six 100-square-foot (9.3 m2) windows per face. Interiors are designed by Deborah Berke and the firm Bentel & Bentel, which also designed Eleven Madison Park and the Gramercy Tavern.[14]

The structure of the tower is composed of a 30 ft. square reinforced concrete core with 30 in. thick walls, that engineer, Silvian Marcus describes as: "like the backbone of a body." This core houses the elevator shafts and all the building mechanical services. The outer structural skin is a beamed and columned concrete facade that encloses the symmetrical grid of window openings. This layout allows all of the interior space on each floor to be allowed to remain fully open. [15]

Fashion consultant Tim Gunn described the building as "just a thin column. It needs a little cap."[16]

Apartments and amenities

The tower's condominium units feature high ceilings, and will range from a 351-square-foot (32.6 m2) studio to a six-bedroom, seven-bath penthouse with a library, already under agreement for $95 million. [9][17] The building's amenities will include 12-foot (3.7 m) golf training facilities and private dining and screening rooms.[18]

The first sale of apartment #35B, was reported in January 2016 for $18.116 million, over the $17.75 Million asking price. 10 additional apartments were available at the time ranging from $17.4 to $44.25 million. #35b covers 4000 sq. ft., one half of the 35th floor of the tower, and contains 3 bedrooms and 4 1/2 baths. Each face has six 10 ft. by 10 ft. windows, which for #35B, face south and west with views of Central Park.[19][20]

  • Under construction in March 2015
    Under construction in March 2015
  • Tallest buildings in New York City by pinnacle height, including all masts, antennas, poles, etc. 432 Park Avenue is third from the left
    Tallest buildings in New York City by pinnacle height, including all masts, antennas, poles, etc. 432 Park Avenue is third from the left

See also

References

  1. ^ a b "World Reaches 100 Supertall Skyscrapers with Completion of 432 Park Avenue". CTBUH. CTBUH Global News. January 13, 2016. Retrieved January 17, 2016.
  2. ^ a b c d e f "432 Park Avenue - The Skyscraper Center". Council on Tall Buildings and Urban Habitat. Retrieved November 21, 2015.
  3. ^ "Ultra-luxury high rise boom amid New York's housing crisis". World Socialist Web Site. June 24, 2013. Retrieved October 5, 2014.
  4. ^ "CIM Group and New York real estate magnate Harry Macklowe plan 1,300 foot Manhattan condo and retail complex". PBT Consulting. October 23, 2011. Retrieved January 13, 2012.
  5. ^ "432 Park Avenue". SkyscraperPage. Retrieved September 19, 2013.
  6. ^ "Drake Hotel tops most valuable NYC development sites list". The Real Deal. June 21, 2011. Retrieved January 13, 2012.
  7. ^ a b c Chaban, Matt A.V. (October 13, 2014). "New Manhattan Tower Is Now the Tallest, if Not the Fairest, of Them All". The New York Times. Retrieved November 21, 2015.
  8. ^ "The Skyscraper Center". CTBUH. Retrieved January 17, 2016.
  9. ^ a b Bagli, Charles V. (May 18, 2013). "Boom in Luxury Towers Is Warping New York Real Estate Market". The New York Times.
  10. ^ "Construction Update: 432 Park Avenue Now Supertall". New York YIMBY. Retrieved October 17, 2014.
  11. ^ "432 Park Avenue". CIM Group. Archived from the original on January 4, 2014. Retrieved October 2, 2015.
  12. ^ "Inside the Tallest Residential Building in the Western Hemisphere". ABC News. Retrieved October 17, 2014.
  13. ^ "NYC's $1.3B Supertall Skyscraper Was Inspired by a Trash Can".
  14. ^ "432 Park Avenue". CityRealty.
  15. ^ Alberts, Hana. "Watch 432 Park's Engineer Explain How The Tower Stays Up". Curbed NY. Vox Media. Retrieved January 29, 2016.
  16. ^ "Sunday Routine". New York Times. March 20, 2015.
  17. ^ Alicia Adamczyk (October 16, 2014). "Inside New York's $95 Million Penthouse: 432 Park Avenue". Forbes Life. Retrieved October 17, 2014.
  18. ^ Karmin, Craig (October 19, 2011). "New York Placing Tallest Order". The Wall Street Journal. Retrieved January 14, 2012.
  19. ^ "432 Park Avenue". 432ParkAvenue. Retrieved January 29, 2016.
  20. ^ "432 Park Avenue Records Its First Blockbuster Closing at $18.1M". 6sqft. Retrieved January 29, 2016.
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