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October 15, 2014

CIM Group and Macklowe top out New York’s tallest residential tower

Boutique hotelier Ian Schrager has teamed up with Marriot to create a new hotel brand that will encompass as many as 100 separate hotels located in major cities across the world from New York to London and Tokyo. The 150 room hotels will be designed to reflect the city they are located

By admin-demo


Real estate firm CIM Group and developer Macklowe Properties have topped out residential building, 432 Park Avenue, in New York.

The building, which reached 1,396ft on Friday, now surpasses New York’s Empire State Building and the Chrysler Building, which stand at 1,250ft and 1,046ft, respectively.

Macklowe Properties chairman Harry Macklowe said: "At 1,396ft, 432 Park Avenue is the tallest residential building in the Western Hemisphere and represents an extraordinary accomplishment of architecture, design, engineering and craftsmanship."

Designed by architect Rafael Vinoly, the tower houses 104 residences with 12.5ft finished ceiling heights, solid oak flooring, Italian marble countertops and oversized 10ft x 10ft windows that provide natural light and city views.

"432 Park Avenue is the tallest residential building in the Western Hemisphere and represents an extraordinary accomplishment." 

The 96-storey building is located on Park Avenue between 56th and 57th Street and is surrounded by well-known retailers.

432 Park Avenue also features 30,000ft² of amenities, including a private restaurant, outdoor garden for dining and events, spa and fitness centre with sauna, steam and massage rooms, 75ft indoor swimming pool, library, lounge, billiards room, screening room and performance venue, children’s playroom and a boardroom.

In addition, luxury services such as in-suite catering, concierge, 24hr doorman and valet parking services will be available.

Residents will also be able to enjoy climate-controlled wine cellars, office suites, staff apartments and storage.

Image: Ariel view of the 432 Park Avenue residential building in New York. Photo: courtesy of DBOX for CIM Group & Macklowe Properties.

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