Midtown

432 Park Avenue, phoot by DBOX for CIM Group:Macklowe Properties

432 Park Avenue Sets Single-Building Record For Highest Residential Sales in New York City

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.

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Looking West towards 57th Street, from 257 East 57th Street, image by Andrew Campbell Nelson

Midtown Manhattan’s New Supertalls As Seen From 252 East 57th Street’s Penthouse

Earlier last week, YIMBY got the opportunity to see the mountainous Midtown neighborhood, the rising towers in Queens, and the Upper East Side from the penthouse of 252 East 57th Street. The full-floor apartment had two terraces on the Northwest and Southeast edges of the building, from which we were given an eye-to-eye look at several high-rises on the rise.

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One Vanderbilt, photo by Andrew Nelson rendering by Jose Hernandez

One Vanderbilt Begins Rising Above Its Retail Podium, Midtown East

Construction is moving along at One Vanderbilt in Midtown, with work on the lower floors now rising past the cantilever. Thanks to images by Tectonic, we can see the tower has reached its maximum width. It is now nearly the same height as Grand Central Terminal, which peaks at 130 feet. Several companies have recently signed on for space, with Greenberg Traurig announcing plans to move their center of New York Operations into the supertall, acquiring a fifteen-year lease for four continuous floors.

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