Sales have launched for Central Park Tower, the tallest residential tower in the world, Extell Development announced Monday. Located at 225 West 57th Street, the 1,550-foot tower is rising on Billionaires’ Row, a strip of ultra-luxury residences at the southern end of Central Park in Midtown. While Extell hasn’t officially released pricing for its 179 condos, the Real Deal reported last year that 20 of the units have a price tag of $60 million and higher, with a $95 million penthouse being the most expensive. If the building achieves its projected $4 billion sellout, the tower would become the most expensive condo project in New York City.
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“Over a decade of planning and collaboration with the world’s most talented architects, engineers and designers has resulted in Manhattan’s newest iconic structure,” Gary Barnett, president of Extell, said. “Central Park Tower introduces a level of design, quality and service that hasn’t been seen before.”
Designed by Adrian Smith + Gordon Gill Architecture, the glass-and-steel-clad tower will rise 95 stories and include three full floors of residential amenities. The “Central Park Club” will offer 50,000 square feet of amenities starting on the 14th floor.
Residents can enjoy a 15,000-square-foot outdoor terrace with a swimming pool, cabanas, bar on the 14th floor, a health and wellness center and another pool on the 16th floor, and more amenities yet to be revealed on the tower’s 100th floor. A seven-story Nordstrom flagship store will occupy the tower’s base.
The condos will start on the building’s 32nd floor, ranging between two and eight-bedroom layouts. According to Extell, the residences measure between 1,435 square feet and 17,500 square feet and are “strategically positioned in the corners of the residences to maximize multiple panoramas and citywide views.”
Sales at Central Park Tower, handled by Extell Marketing Group, expect first closings to begin in late 2019. A completion date has not been released, but the firm did release a website for the tower, found here.
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Neighborhoods : Midtown