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Flat offers Manhattan view at $95 million

The tower is higher than the 1,250-ft Empire State Building
New York: It’s a $95-million view from the tallest residential tower in the Americas. But the newest addition to Manhattan’s iconic skyline has attracted a cloud of controversy.
Still under construction and with US flags pinned patriotically to its shell, 432 Park Avenue soars above Midtown, casting a shadow over Central Park and designer boutiques on Madison Avenue.
At 1,396 feet, the tower by Uruguayan “starchitect” Rafael Vinoly is higher than the 1,250-foot Empire State Building but eclipsed by One World Trade Center, which rises to 1,776 feet including a 408-foot antenna.
The Los Angeles-based developers CIM Group have already sold the top penthouse for $95 million and 50 per cent of the apartments, which start at $17 million, before opening in Spring 2015.
The view marketed as a helicopter view offers vistas that stretch from Central Park to the Atlantic and Connecticut. And it’s not alone. A string of super-tall, super-luxury buildings have sprung up and are still in development changing the city skyscape forever.
“They appeal to a very specific buyer pool and that buyer pool has proven to be very aggressive and very deep,” said Robert Knakal, a top real estate broker.
( Source : AFP )
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