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Originally Posted by patriotizzy
A new icon??? Piss off... More like a new tall and thin, square slab of unimaginative concrete. Shame really.
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Whether you think it's a good design or a bad design (I'm somewhere in the middle), I think it will become iconic by default. The buildings in New York - particularly the most obvious or tallest - have a way of becoming part of the story. It's not at all hard to imagine this tower being in multiple live shots, movies, commercials, etc. By default, it will become one of the more visible and eventually recognizable of Manhattan landmarks.
I'm glad we finally got the exposure with the website. One of the things about buildings this tall, you really don't have to be at the top to get the best views.
http://observer.com/2013/03/432-park...y-in-contract/
432 Park Makes Splashy Debut With a Third Of Its Units Already In Contract
By Kim Velsey 3/20 /13
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How does one describe a luxury housing market where a tower can sell more than a third of its units before it officially hits the market. Frothy? Overheated? How about insane?
Well, the tower that towers above them all—432 Park Avenue—has officially hit the market (a development first reported in The Wall Street Journal) with more than one-third of its 126 units already in contract. Apparently, the 1,396-foot Rafael Vinoly-designed tower has been quietly marketing units since last summer. We’re not sure how we feel about a project that makes its market debut with so many units already spoken for—it’s a little like a debutante attending her coming out ball when she’s already engaged to be married. But, you know, congratulations.
Since last summer, 432 Park has also been quietly hiking the prices for apartments—not once, or twice, but three whole times. The building’s total asking price is $2.7 billion, according to a filing with the New York attorney general, The Journal reports. Which means that 432 Park won’t only be Manhattan’s tallest condo tower (and the tallest residential building in the Western hemisphere), it will also be the condo tower with the highest total asking price.
The units themselves, however, while very ,very pricey, will not be the city’s most expensive. Currently availability is $20 million to $82 million—significantly less than the more than $90 plus million that a few of the units at Extell’s One57 are said to be in contract for. Maybe Harry Macklowe and the CIM group didn’t want to steal all of Gary Barnett’s thunder?
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