Manhattan, NY – A construction crew poured concrete on Tuesday for the top floor of what will be the tallest residential building in the Western Hemisphere, its developer said.
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The 96-story tower at 432 Park Avenue in Manhattan will feature luxury condominiums starting at $16.95 million, according to developer Harry Macklowe.
At 1,396 feet (425.5 meters), it is taller than the Empire State Building and the Chrysler Building.
“We are proud to have created a New York City landmark that can be seen throughout all five boroughs, and which will enhance our city’s iconic skyline,” Macklowe said in a statement.
The skyscraper, designed by architect Rafael Viñoly, will be completed next year, the statement said.
Also opening next year is the world’s tallest residence, named World One, in Mumbai, at 1,450 feet (441 meters), according to the Council on Tall Buildings and Urban Habitat.
Currently, the world’s tallest residential building is the Princess Tower in Dubai, completed in 2012 at 1,356 feet (413 meters), the Council said.
While the current tallest residential building in the Western Hemisphere is 8 Spruce Street in New York, at 870 feet (265 meters), according to the Council.
Migdal Bavel
$16+ million for a condo? This will be a residence for the Chinese, Russian and Middle eastern oligarchs. We need this here and now in this economy?
I wonder who will be Chabad rabbi of park avenue?