Tag Archives: 432Park

432 Park avenue Highest Penthouse in NYC

According to HauteLiving, the highest penthouse in NYC is no longer on the market thanks to a Saudi Arabian billionaire-Fawaz Alhokair. The 8,255 square foot condo has 6bd/7bathrooms and a wood burning fireplace. $95 million was the reported price. If and when this deal closes, it will be the 2nd most expensive residential apartment sold in Manhattan behind the purchase of two floors atop the poster child for Billionaire’s Row: One57.

Mr. Alhokair’s company operates more than 2100 stores in fashion including having licenses for Zara, Banana Republic and Gap.

432 Park avenue is currently the tallest residential building in the Western Hemisphere. Prices start at $17mm up to $81mm for another penthouse. The building will have 125 units spread over 96 floors.

Midtown Manhattan towers rise

As buyers the world over continue to park their money in Manhattan real estate, towers in Midtown continue to rise. One57, the first to rise on what is now known as Billionaires Row is now competiting with several other luxury condos including 432 Park avenue (Macklowe Properties), 520 Park avenue(Zeckendorf), 220 CPS(Vornado), 252 East 57 street(Worldwide Group), the Nordstrom tower on West 57 street and the “skinny” tower at 111 West 57 street. Continue reading Midtown Manhattan towers rise