Phillips, a British-based auction house, will soon open a new Manhattan outpost at 432 Park Avenue in Midtown. The gallery and salesroom is slated to debut this June and will comprise over 35,000 square feet.
432 Park Avenue
Last week, YIMBY was taken on a tour of 175 Greenwich Street, aka 3 World Trade Center, visiting the rooftop, the terrace, and the lobby. The building, located in the heart of the Financial District, has made incredible progress, with the façade now complete save for windows connected to the exterior hoist. Interior work is also approaching the finish line.
The world’s current tallest residential tower, 432 Park Avenue, has broken a record. Total sales of its condominiums have now surpassed $2 billion, and co-developers CIM Group and Macklowe Properties have made the announcement that their Midtown project has now achieved the all-time record for all of New York City. This news leaves the developers just $1.1 billion dollars shy of their expected total $3.1 billion sell-out.
Construction is nearly finished on 432 Park Avenue, the tallest residential building in the Western hemisphere. Five open-air mechanical floors on the 1,396-foot-tall skyscraper will be lit every day at sunset starting Monday, and we have photos of the display.
Visualhouse sent along a rendering of the Manhattan skyline circa 2030, and the vista will be far more impressive than today’s, with supertalls set to line both 57th Street and the Far West Side. The image leaves out the new World Trade Center as well as several major projects in Midtown and on the Far West Side (and Nordstrom is also missing its cantilever), but the picture gives a good idea of the changes New Yorkers can expect over the next few years, even though the approximation is likely closer to 2020 than 2030, given that all depicted additions (besides 15 Penn) should be complete by 2018/2019.