Job Sites: The world’s tallest residential building, Central Park Tower, tops out at 1,550 feet
Building will house a seven-story Nordstrom store and 179 luxury condos.
Central Park Tower officially topped out on Tuesday, breaking the record set by nearby 432 Park Avenue for the tallest residential building in the world. Reaching 1,550 feet high, the skyscraper at 217 West 57th Street would be the tallest building in New York City if not for the 400-foot spire of One World Trade, as New York Magazine reported. Developed by supertall-specialists Extell, Central Park Tower includes a seven-story Nordstrom flagship store and 179 luxury condos.
Some of the residences were listed for the first time in May, ranging from a $6.9 million two-bedroom to a five-bedroom apartment for $63 million. In 2017, it was reported that 20 of the 179 units will ask for $60 million and above, including a penthouse for $95 million. Closings are expected to begin in the first quarter of next year.
Developers predict the building will have a sellout of more than $4 billion, which would make Central Park Tower the country’s most expensive condo project ever.
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Source: www.6sqft.com / www.agc.org
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