520 Park Avenue topped off, looking south down Park Avenue; CityRealty
Few real estate dynasties have shaped the Manhattan skyline as the Zeckendorfs have.
The multi-generational developers are responsible for the construction of 50 U.N. Plaza, 15 Central Park West, Worldwide Plaza, and the Zeckendorf Towers at Union Square. Now, their latest project called 520 Park Avenue is putting in place its final crowning members, cementing the skyscraper as the tallest building on the Upper East Side.
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The 54-story tower is positioned just off Park Avenue at East 60th Street, behind the landmarked Christ Church and the Grolier Club. The Zeckendorfs have had good fortunes on these tony Upper East Side blocks, wedged between the Plaza District and Central Park. Two decades ago, their 515 Park Avenue shattered Manhattan sales records with an average sellout of more than $2,000 a foot. Now at 520 Park, the family is again using their tried and true recipe for selling upper echelon homes: soaring ceilings, Central Park views, gracious full-floor layouts, all enveloped by a revivalist façade.
Historian and architect Robert A.M. Stern is handling both the exterior and the interiors of the building. Like the Zeckendorfs, few architects have been lucky enough to rewrite the skyline to the extent Stern has. His firm now holds a total of 5 towers visible from Central Park: The Chatham, 15 Central Park West, One Museum Mile, 520 Park Avenue, and 220 Central Park South.
Like many of his previous works, the building is being wrapped in limestone, punctuated by oversized bay windows and a handful of balconies. A lantern-like crown topped by four stunted spires is positioned asymmetrically off of the slender shaft —making the tower a distinguishable landmark in the Central Park skyline.
520 Park from The Lake in Central Park
As we reported last month, the asking prices here are unapologetically high. Lower-floor units (which begin 20 stories up) are priced under $20 million. A spectacular triplex penthouse spanning more than 12,500 square feet fills the uppermost floors and has a reported price tag of $130 million.
With its full height now in reach, skyline-gazers will continue to watch the tower climbing upward; completion is anticipated next year. Follow the progress and see all availabilities here.
520 Park from Central Park's Jacqueline Kennedy Onassis Reservoir
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New Developments Editor
Ondel Hylton
Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.
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