Most buildings are impressive enough having broken a single world record. Breaking twoโฆ well thatโs just gravy, now, isnโt it? According to Macklowe Properties and CIM Group, the worldโs tallest residential building is now also the highest selling in New York City history.
The coveted 432 Park Avenue property is currently valued at over $2 billion USD in sales alone. The buildingโs most significant closing has reportedly been the acquisition of 48 residences for over $20 million USD each. But that doesnโt mean thereโs zero room for wiggle room. As was the case in December, when a buyer bought out three penthouses for $91.1 million USD. Penthouses that were originally listed for $120 million USD. Got to save where you can when you move money like that, I guess.
So whatโs all the fuss surrounding these luxury condominiums? Apart from the accolades, it has been designed by the renowned Rafael Viรฑoly. A standard dwelling here includes:
โโฆ13-foot ceilings, oversized windows, oak flooring, and come equipped with state-of-the-art appliances. The interiors were designed by Deborah Berke. Amenities at the ultra-luxurious tower include three full floors for dining and entertainment. Thereโs also a 75-foot indoor swimming pool, billiards, and library room, an 18-seat screening room and a fitness [centre]โฆโ
Definitely nothing to flinch at.
โThe residents of 432 Park Avenue already know it to be an established building with an incredible array of amenities and exceptional service,โ says Howard Lorber, chairman of Douglas Elliman Realty. โWith this significant sales accomplishment, it is clear that โ432โ has become one of the most coveted addresses in New York City and beyond.โ
Kudos are in order, as it seems like the sky really is the limit for this bite of the Big Apple.
