Extell Launches Sales at Central Park Tower When Completed, It Will Be NYC's Tallest Residential Building

Extell Launches Sales at Central Park Tower
A rendering of Central Park Tower (Wordsearch)

Manhattan's Billionaire's Row is going to get a little bit crowded.

Curbed reported this past Monday that developer Extell Development Company announced that it has officially launched sales for the supertall Central Park Tower development at 217 West 57th Street. At 95 stories and 1,550 feet in height, the skyscraper is expected to be the tallest residential building in the Big Apple after construction is completed.

According to Extell, the glass-and-steel tower will hold 179 luxury condo units as well as “50,000 square feet of luxury services and amenities, as well as over 300,000 square feet of specialty retail space dedicated to Nordstrom's flagship Manhattan store.” The firm of Adrian Smith + Gordon Gill Architecture (AS+GG) designed the tower.

Gary Barnett, the founder and president of Extell, said in a press statement about the project: "Over a decade of planning and collaboration with the world's most talented architects, engineers and designers has resulted in Manhattan's newest iconic structure. Central Park Tower introduces a level of design, quality and service that hasn't been seen before. This building will stand out in New York City history as the singular residential offering that redefined luxury living."

A rendering of Central Park Tower (Wordsearch)

The condos will start at the building's 32nd floor, and the two- to eight-bedroom residences will range in size from 1,435 square feet to more than 17,500 square feet. The base of the building will be the seven-story Nordstrom NYC flagship store.

A main feature of the building is an exclusive private club called Central Park Club,  which will spread over three floors, according to Extell. Collectively, the club will include a residents' lounge, a 15,000-square-foot terrace with a 60-foot swimming pool, as well as screening and event rooms--as well as a health and wellness center and a children's playground.

Prices for the condos have not yet been released, but Mansion Global, citing a representative, reported that a two-bedroom unit will start at $6.5 million, while a six-bedroom apartment will run over $100 million. The condo's interiors are being designed by Rottet Studios.

Completion of Central Park Tower is scheduled for sometime in 2020.

David Chiu is an associate editor at The Cooperator.

Related Articles

Miniature wooden houses and red arrow up. The concept of increasing the cost of housing. High demand for real estate. The growth of rent and mortgage rates. Sale of apartments. Population grows

Gov't Regulations Account for 40.6% of Multifamily Development Costs

Building Affordable Housing is Compromised, Say Industry Pros

Report: NYC's Housing Market Ranks 48th of 52 Largest US Cities'

Report: NYC's Housing Market Ranks 48th of 52 Largest US Cities'

Wisconsin, Virginia, & NJ All Beat the Big Apple

hard to buy a house. rising property, real estate market

The Growing Housing Crisis

'No Easy Answers,' Says NHC Head