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New Video Highlights Central Park Tower as the Tallest Residential Building in the World

8:00 am on February 25, 2019 By Michael Young

Adrian Smith + Gordon Gill have released a new video featuring Central Park Tower. The future 1,550-foot tall skyscraper will soon eclipse 432 Park Avenue as the tallest residential building in the world. The site is addressed as 217 West 57th Street, and will be the tallest skyscraper on 57th Street, aka “Billionaire’s Row,” within the next few months. Recent photos also show construction getting closer to the 137-story pinnacle.

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$238 Million Sale of 220 Central Park South’s Penthouse Shatters National Record

8:00 am on January 24, 2019 By Vanessa Londono

A record-shattering $238 million purchase of a Manhattan penthouse at 220 Central Park South came at the hands of billionaire and Citadel hedge fund founder Ken Griffin. The sale of the 24,000 square foot apartment makes it the highest-priced home ever sold in the United States. The four-story residence is part of a 66-floor near-supertall development by Vornado Realty Trust, and has 16 bedrooms, 17 bathrooms, five balconies, and a terrace facing Central Park.

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New York YIMBY’s 2019 Construction Report Shows Impressive 70% Year-Over-Year Surge in Multi-Family Housing Filings

8:00 am on January 7, 2019 By Nikolai Fedak

Once again, January has arrived, alongside New York YIMBY’s annual pipeline report. After our mid-2018 update portended a banner year for new construction, the 2019 report has confirmed it, as the total number of multi-family units filed with the Department of Buildings saw a tremendous surge over the past 365 days. 2018 saw 32,580 multi-family units filed with the DOB, beating 2017’s total of 19,180 units by a whopping 70%. The full 2019 report, containing all 2,482 of 2018’s new building filings in spreadsheet format, is available at the following link for $199.

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Central Park Tower Approaches 1,550-Foot Pinnacle, Nears Tallest Roof Height in New York City & The Western Hemisphere

8:00 am on December 31, 2018 By Michael Young

Wrapping up the year and YIMBY’s construction countdown, it comes as no surprise that Extell‘s Central Park Tower tops the list. The supertall will soon become New York City’s tallest residential building, and it will also have the highest roof of any structure in the Five Boroughs. The 1,550-foot-tall tower is being designed by Adrian Smith + Gordon Gill Architecture. The site has previously gone by its address, 217 West 57th Street. The building has now surpassed its 90th floor, and currently stands over 1,300 feet atop 57th Street.

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Final Segment of 53 West 53rd Street’s Apex Installed Atop Midtown Manhattan

8:00 am on December 25, 2018 By Michael Young

Last week, the final piece of the third and highest apex of Jean Nouvel’s first residential skyscraper was anchored and installed over Midtown. 53 West 53rd Street now stands 1,050 feet tall, and is currently the 7th-tallest skyscraper under construction in New York City. With its distinct pointed crown and dark diagrid facade, it is certainly a very unique building, and has been in the making for over a decade. The tower is being developed by Hines, while SLCE Architects and Adamson Associates are the architects of record. The condominiums are being marketed by Corcoran.

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