432 Park Avenue
| 432 Park Avenue | |
|---|---|
As seen from Rockefeller Center (July 2015)
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| General information | |
| Status | Complete |
| Type | Residences |
| Location | 432 Park Avenue Manhattan, New York City |
| Coordinates | 40°45′40″N 73°58′17″W / 40.7612°N 73.9715°W |
| Construction started |
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| Topped-out | 10 October 2014 |
| Completed | 23 December 2015 |
| Cost | US$ 1.25 billion |
| Height | |
| Architectural | 1,396 ft (425.5 m) |
| Tip | 1,396 ft (425.5 m) |
| Top floor | 1,286 ft (392.1 m) (occupied) |
| Technical details | |
| Floor count | 85 + 3 below ground |
| Floor area | 412,637 square feet (38,335 m2) |
| Lifts/elevators | 6 |
| Design and construction | |
| Architect | Rafael Viñoly and SLCE Architects, LLP |
| Developer | CIM Group / Macklowe Properties |
| Structural engineer | WSP Cantor Seinuk |
| Main contractor | Lend Lease |
432 Park Avenue is a residential skyscraper in Manhattan, New York City that overlooks Central Park. Originally proposed to be 1,300 feet (396.2 meters) in 2011, the structure topped out at 1,396 ft (425.5 m). It was developed by CIM Group and features 104 condominium apartments. Construction began in 2012 and was completed on December 23, 2015. The building has been maligned by some city residents who find it an eyesore and believe it represents New York's increasing cost of living and ostentatious wealth.
The building required the demolition of the 495-room Drake Hotel. Built in 1926, it was purchased for $440 million in 2006 by developer Harry Macklowe and razed the next year. Its footprint became one of New York's most valuable development sites due to its location, between East 56th and 57th Streets on the west side of Park Avenue.
As completed, 432 Park Avenue is the third tallest building in the United States, and the tallest residential building in the world. It is the second tallest building in New York City, behind One World Trade Center, and ahead of the Empire State Building.
432 Park Avenue is the second-tallest building in New York City and the fifteenth-tallest building in the World. By mid-2018, 217 West 57th Street and 111 West 57th Street will be at a similar height. The tower has a footprint of approximately 30,000 square feet (2,800 m2) and has 12.5 foot ceilings. The building was officially topped out on October 10, 2014, making it the highest rooftop in the city.
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