from USA Today

Sky’s the limit: New towers for the rich soar in New York

Rick Hampson, USA TODAY

image from BusinessInsider.com

The very tall, very skinny residential buildings popping up in Manhattan are being built for the world’s richest people

NEW YORK — Here’s how a 1932 guide to Manhattan describes the view of Central Park from the 43-story Essex House: “an unbroken vista — unequaled anywhere in the city. … Few apartment buildings in the world are more ideally located.”

Today, here’s how visitors typically describe the park view from One57, an apartment building a block south of the Essex House and more than twice its height: “Wow!”

The same can be said of the building itself. One57 exemplifies a new type of skyscraper — very tall, improbably slender, ostentatiously opulent — that is reshaping a famous skyline composed mostly of bulky office buildings.

One such apartment tower under construction, 432 Park Avenue, will have a top floor higher than the Empire State Building’s observation deck. Another will have a top floor higher than any in One World Trade Center, which is officially (by virtue of its spire) the nation’s tallest building.

The 432 Park penthouse has sold for $95 million; two duplex apartments at One57, now nearing completion, also are under contract, each for more than $90 million. Even a studio apartment on a lower floor at 432 Park (designed for staff — a maid or butler) costs $1.59 million.

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