432 Park Avenue Launches Official Sales Campaign with Over One Third of Residences Under Contract

Tower to Become Tallest Residential Building in the Western Hemisphere

NEW YORK–(BUSINESS WIRE)– CIM Group and Macklowe Properties announced today the launch of the residential condominium sales campaign for 432 Park Avenue and the opening of the sales and marketing center located at 767 Fifth Avenue.  The much-anticipated project has been quietly marketing units for sale and over one third of the residences are under contract. With an expected completion in 2015, the extraordinarily graceful 1,396-foot tower, designed by Rafael Viñoly, will become the tallest building in New York City and the tallest residential tower in the Western Hemisphere.

Located on Park Avenue between 56 ^th and 57 ^th Street, 432 Park Avenue is surrounded by world-renowned retailers offering the best of fashion, art and design.  The slim and elegant square tower will ascend 96 stories and is being constructed using architectural concrete, steel, and glass.  All windows measure an expansive 10 feet by 10 feet, flooding residences with abundant natural light and providing spectacular views of Central Park, the Hudson and East Rivers, Atlantic Ocean, and many iconic Manhattan buildings and avenues.    

In the tradition of New York City‘s finest apartment houses and hotels, residents will enjoy 30,000 square feet of amenities including a private restaurant, outdoor garden for dining and events, spa and fitness center with sauna, steam and massage rooms, 75-foot swimming pool, library, lounge, billiards room, screening room and performance venue, children’s playroom, and boardroom.  In-suite catering, concierge, 24-hour doorman, and valet parking services will be provided by the building’s handpicked staff.

Residences include private elevator landings, separate service entrances, eat-in kitchens, windowed his-and-her bathrooms and large master suites with adjoining dressing rooms.  Interior finishes include 12.5-foot finished ceilings, solid oak flooring, custom hardware, and the highest quality natural materials.  Kitchens feature custom cabinetry, Miele stainless steel appliances, Dornbracht fixtures, and marble countertops and flooring.  Master bathrooms are fitted in book-matched slabs of Italian statuario marble and …read more
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