New York's newest super expensive condo tower has revealed itself to the world. Today the Journal brings us an exterior rendering and oodles of details about the planned 51-story tower on East 60th Street and Park Avenue. Designed by the limestone-loving architect Robert A.M. Stern, 520 Park will have just 31 units, one of which will be a mega penthouse "priced at considerably more than $100 million." Obviously. It will be a 12,400-square-foot triplex with a private terrace and will likely be priced at more than $10,000 per square foot. The "smallest" of the units will clock in at 4,600-square-feet, and they will each occupy a full floor and have a private elevator landing. And prices will start around, brace, $27 million. There will also be seven six-bedroom duplexes. We can't wait for floorplans.
Developers Arthur and William Lie Zeckendorf worked with Stern on the wildly successful 15 Central Park West and record-setting 18 Gramercy Park, so the team knows how to build a blockbuster. The partial rendering shows an 85-foot wide building with large windows and a "temple-like structure" on the roof that hides the mechanicals. To construct the building, the Zeckendorfs cobbled together air rights beside the site (and bought the Park Avenue address from a church), and the tower will "cantilever over much of the Grolier Club" on East 60th Street (not the church, as previously reported). As part of the agreement to obtain the extra development rights, the Zeckendorfs will fund affordable housing on the Upper East Side and make 520 Park environmentally friendly. The tower is one of seven insanely expensive buildings rising around 57th Street and Central Park South, and, evidently, real estate peeps have taken to calling this area "Billionaires Row."
A tipster sent along some details about the building's amenity spaces. There will be a 5,000-square-foot bi-level fitness center, a 2,500-square-foot "Functional + Performance-Based Training Floor" (what?), a 35-foot "leisure pool," a whirlpool, steam room, sauna, and locker rooms. A rendering of the pool and a few schematic drawings of parts of the apartments are below.
UPDATE: After the Journal broke the news this morning, the marketing team sent out a press release noting that sales will "commence imminently" and construction will be complete by 2017. The release also contains a lot more information about the building:
The full floor units consist of four bedrooms, living room, dining room, spacious kitchen and a family room. The expansive duplex residences consists of a living room, library, dining room, eat in kitchen, family room and 6 bedrooms.
Each residence will feature select-cut solid white oak hardwood flooring in herringbone and overlay patterns and a variety of over 10 exquisite marble treatments. All master bathroom suites will be comprised of two full baths complete with steam showers and soaking tub. The building will be entirely clad in Indiana limestone articulated with French balconies and stone detailing evocative of the great New York apartment buildings of the 1920's and 1930's. [...]Residents and guests will enter 520 Park Avenue through a double arched entrance with a suspended bronze canopy, leading into a soaring lobby with 25' coffered ceilings and an impressive and welcoming limestone fireplace. Beyond the lobby is a vaulted salon with a fireplace at each end. The floors and walls in the lobby are limestone with French walnut wood in the wall treatment, and satin bronze detailing. A finely crafted Venetian plaster ceiling carries through with the wood accents as well.
· New Tower to Join 'Billionaires Row' [WSJ]
· 520 Park Avenue coverage [Curbed]
Loading comments...