The Tower At 520 Park Avenue Comes At A High Cost
New York is famous for its luxury real estate, and the soon-to-be-built 520 Park Avenue is set on breaking the rules and setting new standards. The Tower will probably be Manhattan’s most exclusive high-rise, with the building’s full-floor residences to cost on average $38 million. Designed by Robert A.M. Stern Architects (RAMSA), the 800-foot 520 Park Avenue will be the tallest tower in the Upper East Side.
It seems that the entire structure will be clad in beautiful Indiana limestone, articulated with hand-set stone detailing reminiscent of the great historic 20th-century apartment houses – anyone else thinking about Empire State? However, make no mistake about it: this is an astonishing 21st-century expression.
There will be 23 full-floor simplex apartments, four simplex penthouses, five duplex penthouses and even a massive 12,400-square-foot triplex penthouse, all overlooking Central Park and the Upper East Side. With massive windows, this charming tower will allow residents to socialize in the grand Cathedral-like salon and enjoy fine drinks in the landscaped private garden.
520 Park Avenue also comes with a large swimming pool, a fitness center, treatment room, steam and sauna rooms, as well a children’s playroom. Spearheaded by Zeckendorf Development, the project has already broken ground, but don’t expect it to be finished anytime sooner than 2018.