Extell has announced its Central Park Tower, located on New York’s West 57thStreet, has topped out at 1,550 feet making it the tallest residential building in the world.
The full-service real estate developer pioneered the development of Manhattan's Billionaire's Row with One57, the first supertall condominium on West 57th Street. With the topping out of Central Park Tower, Extell solidifies its position as the premier developer along the corridor.
"Central Park Tower is the pinnacle of development in New York and around the world," said Gary Barnett, Founder and Chairman of Extell Development Company. "We would not be able to offer this level of design, quality and service without the contributions from the world's most talented architects, engineers and designers."
Designed by top architectural firm Adrian Smith + Gordon Gill Architecture (AS+GG), a firm committed to the design of high-performance, energy-efficient and striking architecture. Central Park Tower's beautiful facade features combined elements of glass, satin-finished stainless steel, and light-catching vertical and horizontal details that accentuate the interplay of texture and light. At a height of 300 feet from the street, the tower cantilevers to the east, creating Central Park views for all north-facing residences.
The grand residential interiors are designed by Rottet Studio, whose projects include the St. Regis Hotel in Aspen and the Loews Regency Hotel in New York. Rottet Studio's trademark level of detail and unique custom finishes throughout Central Park Tower create a highly sophisticated environment.
The company is hoping the 1,550-foot tower will be a hit with buyers, with anticipated total sales of $4bn. The 131-storey building is home to 179 luxury two-to-eight-bedroom residences ranging from 1,435 to 17,500 square feet and three full amenity floors spanning 50,000 square feet, including a 15,000-square-foot terrace, indoor and outdoor pools, and a state-of-the-art fitness centre. Barnett, commented: “Central Park Tower introduces a level of design, quality, and service that hasn’t been seen before.”
At the base of Central Park Tower, will be Nordstrom's first full-line department store. This approximately 300,000-square-foot, seven-story store represents the company's biggest statement for its brand and is the culmination of a 25-year search for the perfect site to open a New York flagship store. This is Nordstrom's largest single-project investment in its over 100-year history. The store will open to the public on October 24, 2019.
Extell is co-developing Central Park Tower with SMI USA (SMI), the US subsidiary of Shanghai Municipal Investment, a leading infrastructural investment company responsible for the esteemed Shanghai Tower, the second tallest building in the world. Lendlease, one of the world's largest property, infrastructure, development and construction management firms, served as construction manager for Central Park Tower.