Midtown East Update: New Residential Park Avenue Building; Tallest in Manhattan

A 95-story residential apartment building is slated for construction this year on Park Avenue and 56th Street, boasting an 8,255 square-foot six-bedroom penthouse on the 95th floor.  The building will have 147 residential units, which have already undergone two price increases.  The average price per square foot is approximately $10,000 per square foot.  Approximately 122 of the total units are one- to six-bedroom apartments from the 34th to the 95th floor, starting around $5 million for a 1,400 square-foot one-bedroom.  Moreover, approximately 25 studios will be available on the 28th and 29th floors.  

A private restaurant will also be available to residents only, along with a fitness center, a pool, a whirlpool, a sauna, a steam room, a library, and conference room and screening rooms.  There will also be 18 wine cellars, 12 office units, 3 retail spaces and a semicircle car drop-off area.  Foundation work is currently wrapping up and the building will start to rise.

Give NY2 a call if you are interested in units in this apartment building, or in this area.