30 Park Place—if it wants to be downtown's tallest residential tower, however briefly—has reason to keep construction moving along. The Robert A.M. Stern-designed tower, with a hotel on the bottom and condos on top, will eventually stand at 926 feet, but 22 Thames Street is coming up right behind it and is slated to take over the title at 960 feet (depending on whether or not new owner Michael Shvo keeps Vinoly's design). However, while construction on that project has yet to begin, 30 Park Place is chugging right along. Field Condition snapped some photos of the rising tower, which is currently around the one-third mark, and already looking pretty tall. Stern's signature imitation limestone paneling is being installed as the building goes up.
Sales in the Silverstein Properties-developed, one-third-complete building launched a few weeks ago, with two-bedrooms starting at $4.3 million and a five-bed duplex penthouse asking $27.5 million. It will be a couple years before that penthouse exists in real life, but we'll keep our eye on the progress.
· 30 Park Place [Field Condition]
· 30 Park Place coverage [Curbed]
Photo via Field Condition