High-rises are bound to change a city’s skyline and income divide, all at once. Give some serious competition to the One57 (although this one is way cheaper), a new sky scrapper — 432 Park Avenue — at 1,397 feet has earned the title of being the tallest and most expensive building in New York. Reports suggest that an 8,255-square-foot six-bedroom penthouse located on the 95th floor of the building has been listed at $82.55 million, according to the condominium’s offering plan, which comes nowhere close to $100 million dwelling that was sold at One57. The tower has 147 residential units on offer, which are collectively worth $2.43 billion. It looks like the tide is turning in the benefit of luxury-loving New Yorkers!
[Observer]
