Real Estate
Manhattan’s Tallest Condo Building Joins a Swamped Luxury Market
- Central Park Tower under construction near Billionaires’ Row
- Developer’s competition has multiplied since debut of One57
On paper, it’s the most expensive condo tower in the U.S. And at 1,550 feet above Manhattan, it’s also the Western Hemisphere’s tallest.
Extell Development is building Central Park Tower, the firm’s ultra-luxury follow-up to One57, the Billionaires’ Row skyscraper that touched off the city’s high-end construction boom -- and set the stage for the market’s current slowdown.