432 Park Avenue is a supertall residential project with 104 condominium apartments developed by CIM Group in Midtown Manhattan, New York City. Originally proposed to be 1,300 feet (396 m) in 2011, construction began in 2012 and is scheduled to be completed in 2015. The building required the demolition of the 495-room Drake Hotel, which had been built in 1926. In 2006, the hotel was sold for $440 million to developer Harry Macklowe, and the hotel was demolished the year afterward. The site became one of New York’s most valuable development sites due to its location, between East 56th and 57th Streets on the west side of Park Avenue.
At a height of 1,396 feet (426 m), 432 Park Avenue is the third tallest building in the United States, and the tallest residential building in the world. It is the second tallest building in New York City, behind One World Trade Center, and ahead of the Empire State Building. When measured by roof height, however, 432 Park Avenue is the tallest building in New York, surpassing One World Trade Center by 32 ft (9.8 m).
Designed by Rafael Viñoly around what is described as “the purest geometric form: the square,” the tower is designed to have eighty-four 3,969-square-foot (368.7 m2) stories, each with six 100-square-foot (9.3 m2) windows per face. Interiors are by designer Deborah Burke, Bentel & Bental, which also designed Eleven Madison Park and the Gramercy Tavern.
The tower’s condominium units feature high ceilings, and will range from a 351-square-foot (32.6 m2) studio to a six-bedroom, seven-bath penthouse with a library, already under agreement for $95 million. The building’s amenities will include 12-foot (3.7 m) golf training facilities and private dining and screening rooms.
