New York’s tallest building is attracting sky-high apartment prices as wealthy buyers flock to live in the prestigious block.
432 Park Avenue, New York, is currently the most sought-after address in the city.
The 96-floor skyscraper standing on the site will have the title of New York’s tallest block – and also the crown as the highest building in the western hemisphere.
The 1,396 foot tower is under construction with a finish date sometime in 2015.
Apartments with spectacular views across the city skyline start with a price tag of $7 million, while the larger apartments and penthouses will sell for $95 million.
Luxurious apartments
Despite the price, wealthy investors from across the globe are making inquiries about the luxurious homes atop one of the most exclusive shopping and entertainment areas anywhere in the world.
Real estate agents have already banked more than $1 billion in apartment sales since opening their doors to buyers only in March 2013.
The skyscraper stands between 56th and 57th streets.
To enhance the views, all the windows in the sleek glass and steel tower are a huge 10 feet square.
Depending on which side of the tower apartments lie, the views take in Central Park, the Hudson and East rivers, look down on the Empire State and Chrysler Buildings – while from the top floors, apartment owners can look out on the Statue of Liberty and the Atlantic Ocean.
“The tower is fast becoming one of New York City’s most prestigious addresses and anyone who owns a home in the block will be the envy of their wealthy friends worldwide,” said a spokesman for the developer.
Exclusive homes
“The block is more than just apartments; it’s a personal statement about status and wealth. We are creating a building of tremendous beauty and value not only for apartment owners but for the people of New York.”
For their millions, residents will also have exclusive access to a private restaurant, landscaped gardens, a spa and fitness centre, a 75 foot swimming pool, library, communal lounge, billiards room, private screening room, a children’s playroom and conference facilities.
The block is more of an aparthotel than a place to live – with 24-hour doormen, valet parking, private elevators, while the apartments come with his and her bathrooms and dressing rooms.
No expense is spared on the finish – with oak flooring throughout and marble finishes to the bathrooms.
For the richest buyers, private cooled wine cellars, offices, storage and staff accommodation is also available.