Macklowe sees 432 Park as “culmination” of his career

New York /
Oct.October 06, 2013 04:00 PM

Developer Harry Macklowe is considering residential tower 432 Park Avenue “the culmination” of his career.

Once completed, the property will stand 1,398 feet and be the tallest residential tower in the Western Hemisphere. Macklowe considers it his masterpiece.

“Harry thinks this building is the most important building in the history of architecture,” said Rafael Viñoly, the building’s architect.

Macklowe’s career has been a notorious roller coaster, from his record purchase of the GM Building for $1.4 billion and his acquisition of seven buildings from the Blackstone Group for $7 billion, to the loss of all the properties at sharp discounts after the credit crisis.

However, Macklowe sees the construction of 432 Park — possibly his last project — as one to define his legacy. And he’s not taking any chances, “engaging, almost manically, with its minutiae,” including commissioning showers without grates so as not to interrupt the surface of the book-matched marble floors, the Times wrote. [NYT] – James Comtois


Related Articles

arrow_forward_ios
HRI founder Aaron Carr and Virginia Attorney General Mark Herring (Facebook, Getty)
Housing Rights probe pins voucher discrimination on VA landlords, brokers
Housing Rights probe pins voucher discrimination on VA landlords, brokers
School and office reopenings led to fewer reservations at the end of summer. (iStock)
Hamptons rental market had strong summer, begins to cool
Hamptons rental market had strong summer, begins to cool
Zillow CEO Rich Barton (Getty, iStock)
Zillow hits the brakes on iBuying
Zillow hits the brakes on iBuying
More than 27,000 Long Island households behind on rent
More than 27,000 Long Island households behind on rent
More than 27,000 Long Island households behind on rent
91 Sergio Franchi Drive and Sergio Franchi (Sotheby's, Getty)
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Sergio Franchi’s 200-acre Connecticut estate lists for $12.6M
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Automatic for the people: SmartRent CEO on why landlords are going all-in on connected homes
Community Development Corporation of Long Island CEO Gwen O'Shea (CDCLI, iStock)
Nassau County aims to salvage $6M rent relief program
Nassau County aims to salvage $6M rent relief program
Senator Chuck Schumer and 70 Prospect Park West (Google Maps, Getty)
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
Schumer blasts Brooklyn landlord as NY pols vow to pass good cause eviction
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...