Journal

Penthouse On The 79th FL Of 432 Park Avenue Lists For $135 Million

432 Park Avenue #79
432 Park Avenue #79

A penthouse on the 79th floor of 432 Park Avenue is listed for $135 million. 432 Park Avenue is 96 stories and was designed by Rafael Viñoly and built in 2015. The 8,055  sqft full floor residence has expansive views of Central Park, the Hudson River and the Atlantic Ocean with 5 bedrooms, 5 baths, 2 powder rooms and two private elevator landings . The interiors are designed by architect Hiroshi Sugimoto with custom finishes. 432 Park Avenue has 30,000 square feet of amenity space, including a 75-foot indoor swimming pool and a fitness center, a private restaurant overseen by Michelin-starred chef Sean Hergatt, a library, and a yoga studio. There are also concierge services, in-suite dining, an onsite parking garage, and valet services. [Mansion Global]

The residence #79 was purchased in 2016 for $59.1 million. Recent sales at 432 Park Avenue include: in August, a 2,630 sqft unit on the 80th floor sold for $19.1 million, or $7,262 per sqft. In January, a full floor unit on the 34th floor was sold by the developers CIM Group and Macklowe Properties for just under $19.8 million, or $2,448 per sqft. [The Real Deal]

432 Park Avenue #79, View
432 Park Avenue #79, View

Townhouse At 11 Sutton Place Sells Above List For $8.6 Million

11 Sutton Place
11 Sutton Place

11 Sutton Place, designed and renovated by architect I.M. Pei, sold for $8.6 million after being listed for $8 million and receiving multiple offers. I.M Pei is known for designing such landmarks as the Louvre Pyramid in Paris, the John F. Kennedy Library in Boston and the Bank Of China Tower in Hong Kong. The 3 story 3,800 sqft townhouse has 4 bedrooms 3 baths and 2 powder rooms. 11 Sutton Place is part of a 14 townhouse enclave that share a private park overlooking the East River. [Mansion Global]

Sutton Place Private Park
Sutton Place Private Park

In New York City New Development Contracts Increase 109% In August 2021 Vs. 2020

The Lantern House
The Lantern House

421 new development contracts were signed across New York City in August 2021 an increase of 109% from 2020 and 88% from 2019. There was also a 16% gain in new development contracts from July 2021 as the market momentum continued. The most active projects in Manhattan were: the Lantern House in West Chelsea designed by Thomas Heatherwick; and 130 William in the Financial District designed by David Adjaye. [The Real Deal]

130 William
130 William