© dbox for CIM Group & Macklowe Properties
When complete in April 2015, 432 Park Avenue will exceed One57’s height by almost 400 feet, but it is also in the running to compete for another sky-high title: the epic price tags on 147 units which appraisers have valued at a total of $2.47 billion. Developers Harry Macklowe and Los Angeles based CIM Group and architect Rafael Viñoly are certainly faced with a project of brave proportions. Harry Macklowe is hardly known for being risk averse, but after a series of well-timed deals amidst current condo-buying frenzy, 432 Park Avenue will soon be at the top of the NYC real estate world.