As of December 23, when the slender 1,396-foot-tall 432 Park Avenue condominium tower was officially pronounced complete by the Council on Tall Buildings and Urban Habitat (CTBUH) as the building was “partially habitable,” it became the world’s 100th supertall skyscraper (h/t TRD), categorized as those at least 984 feet in height. In addition to being the world’s tallest all-residential building, 432 Park Avenue is also the world’s 14th-tallest building overall and the city’s seventh supertall skyscraper. In fact, New York has the second-highest number of supertalls on the planet.
It took 80 years to put the first 50 supertalls on the map, but the second 50 sprung up in a mere five years. CTBUH notes that though many of the new towers have risen in Asia and the Middle East, New York “has remained an active center for supertall construction in the Americas.” Dubai, however, has the most, with 18. Saudi Arabia will have the world’s tallest building when the Jeddah Tower is completed in 2018. It will be a whopping 700 feet taller than 432 Park.
432 Park is no stranger to superlatives and big numbers, from its slenderness ratio of 1:15 (it’s the country’s skinniest tower) to the $3,127,000,000 expected net income from the sale of residential units and retail space (a record for a Manhattan residential building) to the 1,200-pound marble sinks in its Deborah Berke-designed apartments. The Rafael Viñoly-designed tower also recorded its first closing last week: a 4,000-square-foot, 35th-floor unit that sold for a cool $18.1 million.
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Neighborhoods : Midtown East