520 Park Avenue

520 Park Avenue
520 Park Avenue, April 2018
General information
Status Topped-out
Type Residential
Architectural style New Classical
Coordinates 40°45′50.5″N 73°58′12″W / 40.764028°N 73.97000°W / 40.764028; -73.97000Coordinates: 40°45′50.5″N 73°58′12″W / 40.764028°N 73.97000°W / 40.764028; -73.97000
Estimated completion 2017
Opening 2017
Height 278 m (912 ft)
Technical details
Floor count 51
Design and construction
Architect Robert A.M. Stern Architects

520 Park Avenue is a skyscraper under construction on East 60th Street and Park Avenue on the Upper East Side of Manhattan, New York City.[1] It was designed by Robert A.M. Stern Architects.[2] The building will cost US$450 million to build.[3] The tower will be completed by 2018.[3][4]

The building is being developed by developers Arthur and William Lie Zeckendorf of Zeckendorf Development.[5][6][7]

Design

Like much of Stern's work, the building is New Classical in style. The exterior of the building is clad in limestone, similar to 15 Central Park West. The building is shorter than Stern's two other Manhattan skyscrapers, 30 Park Place and 220 Central Park South. The developer, Arthur Zeckendorf has described the building as the East Side sister of 15 Central Park West.[8]

Residences

The building has 34 apartments on its 62 stories - at the top is a $130million triplex penthouse.[4][9] Prices begin at over $20 Million Dollars for a 4600 square foot apartment, and residences close to the top will have balconies.[10][11]

Amenities

The building will include an outside garden, private movie theatre, a children's playroom, a swimming pool, wine cellars and a bi-level fitness center. The building offers "over 15,000 square feet of amenity space, perhaps the highest ratio of amenity-to-unit space of any building in the city."[12][13][4][10]

Notable residents

Residents who have purchased apartments include: Billionaire Frank Fertitta, a former owner of UFC; James Dyson, the billionaire founder of Dyson; Public Relations mogul Ronn Torossian; and Bob Diamond, former CEO of Barclays.[9][4][14]

References

  1. ↑ Taylor, Candace (2017-06-15). "New York Tower Inks Two Deals for Condos Priced Over $70 Million Each". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-04-22.
  2. ↑ Rosenberg, Zoe (18 September 2014). "Self-Proclaimed Next 15 Central Park West Is Poised To Launch". Vox Media (Curbed). Retrieved 27 March 2015.
  3. 1 2 Voien, Guelda (October 29, 2014). "Zeckendorfs Lock Down $450M For 520 Park Avenue". Commercial Observer. Retrieved 27 March 2015.
  4. 1 2 3 4 "Billionaires are dropping $70MILLION for Manhattan apartments". Mail Online. Retrieved 2018-04-22.
  5. ↑ "Will Zeckendorfs get a record $130M for 520 Park penthouse?". The Real Deal, New York Real Estate News. September 26, 2014.
  6. ↑ Karmin, Craig (2013-05-13). "Developers Team Up With a Man Behind the Scenes". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-04-22.
  7. ↑ "15 Central Park West construction commences - Globes English". Globes (in Hebrew). Retrieved 2018-04-22.
  8. ↑ Carlyle, Erin. "Manhattan's New Most Expensive Listing: A $130 Million Park Avenue Penthouse". Forbes. Retrieved 2018-04-22.
  9. 1 2 "Meet the ultra-rich bigwigs dropping millions at secretive Park Ave. tower". New York Post. 2017-09-20. Retrieved 2018-04-22.
  10. 1 2 "Tall, deck & handsome: Gotham's glitziest balconies". New York Post. 2016-02-11. Retrieved 2018-04-22.
  11. ↑ "A rising tower on New York's Billionaires' Row will have a $130 million penthouse — here's your first look". Business Insider. Retrieved 2018-04-22.
  12. ↑ Schulz, Dana (20 December 2014). "Interior Renders of Robert AM Stern's 520 Park Avenue, NYC's Most Expensive Apartment Building". ArchDaily. Retrieved 4 April 2015.
  13. ↑ "Homes so entertaining you'll never want to leave". Luxury Listings NYC. Retrieved 2018-04-22.
  14. ↑ "Latest millionaire buyer at posh Park Ave. tower revealed". New York Post. 2018-05-02. Retrieved 2018-05-03.
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