520 Park Avenue | The Real Deal New York

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520 Park Avenue

520 Park Avenue
New York, NY 10065
212-838-3036
Sales, Condo (Building)

The sponsor(s) filed plans on 03/03/14 for a condo project at 520 Park Avenue. The sponsor(s) were approved to market the units for sale on 09/16/14. TRData has determined that the sponsor(s) have sold more than 80 percent of the sponsor units in the building.

  • Address 520 Park Avenue
  • neighborhood Upper East Side
  • borough Manhattan
  • owner Zeckendorf Development
  • developer ZECKENDORF DEVELOPMENT
  • owner entity 41-45 PROPERTY OWNER LLC
  • architect Beam Architects DPC
  • sales/marketing Zeckendorf Marketing, LLC
  • PLANS DISCLOSED 03/03/2014
  • dob permit issued 08/22/2011
  • tco issued 09/26/2011
  • DOB FILE PLANS 04/28/2011
  • DOB FILE Link
  • LIST/LAUNCH SALES 09/16/2014
  • height in feet 70
  • floors 6
  • AG Initial Price $ 1,245,794,000
  • ag file plans 03/03/2014
  • AG FILE Link
  • residential units 0
  • commercial units 0
  • hotel units 32
  • total units 64
  • square feet 1
  • const. status CONDO COMPLETE
  • block and lot 1-01375-0036
  • BIN 1040805

10/10/18
...brokered the $450 million loan for Zeckendorf Development’s 520 Park Avenue in 2014, said the deal turned around in “a matter of days.” The same no-nonsense...

10/05/18
...Renderings of 520 Park Avenue and Christine and Patrick McCurdy (Credit: 520 Park Avenue and Getty Images) A mystery buyer...

...brokered the $450 million loan for Zeckendorf Development’s 520 Park Avenue in 2014, said the deal turned around in “a matter of days.” The same no-nonsense...

09/20/18
...by the Zeckendorf family, including 15 Central Park West, 520 Park Avenue, 50 United Nations Plaza and 18 Gramercy Park, as well as the Rudin family’s Greenwich...

09/17/18
...From left: Jay Kurani, 520 Park Avenue, and developer Arthur Zeckendorf (Credit: Getty Images and 520 Park Avenue) A unit at 520 Park...

09/06/18
...Arthur Zeckendorf and 520 Park Avenue (Credit: Getty Images and 520 Park Ave) Zeckendorf Development’s 520 Park Avenue just got its...

06/20/18
...Place (where a unit recently sold for $30 million), 520 Park Avenue (which is nearly sold out) and 220 Central Park South (where the penthouse is going...

...Place (where a unit recently sold for $30 million), 520 Park Avenue (which is nearly sold out) and 220 Central Park South (where the penthouse is going...

05/03/18
...520 Park Avenue and Ronn Torossian Ronn Torossian, the controversial public relations executive who has represented the...

05/03/18
...refinanced the elaborate CEO storage unit that is 520 Park Avenue (see buyers: Barclay's Bob Diamond, Dyson's James Dyson) with a $175 million loan from HSBC...

04/26/18
...East End Avenue, 250 West 81st Street, 30 Park Place, 520 Park Avenue and 220 Central Park South. Developers are attracted to the modern designs of units at...

04/09/18
...of his career. Arthur Zeckendorf will talk about 520 Park Avenue as though he were describing his favorite son. Roth, sources said, goes even further...

04/04/18
...edge over still-unfinished projects like 220 Central Park South, 520 Park Avenue, Central Park Tower and 111 West 57th Street. Reid’s client on the 71st floor...

03/29/18
...Zeckendorfs have also said little about sales at 520 Park Avenue, its 34-unit tower. Asking prices there start at $18 million and go up to $130 million...

03/15/18
...is asking $130 million for its top penthouse at 520 Park Avenue, a 12,400-square-foot triplex. Shvo was sidelined from the Crown project after being indicted on...

03/14/18
...architects that teamed up on each of them: 520 Park Avenue 520 Park Avenue Design: Robert A.M. Stern Architects Executive: SLCE Architects 53 West 53rd Street...

03/13/18
...520 Park Avenue and Arthur Zeckendorf Zeckendorf Development has landed a $175 million refinancing package from HSBC for...

02/12/18
...From left: 432 Park Avenue, 12 East 69th Street and 520 Park Avenue Is there an upside to a softer luxury market? For co-ops there is. After...

01/12/18
...issued construction loans for 432 Park Avenue, 30 Park Place, 520 Park Avenue and 151 East 86th Street. The firm’s biggest year was 2016, when the fund reportedly...

...issued construction loans for 432 Park Avenue, 30 Park Place, 520 Park Avenue and 151 East 86th Street. The firm’s biggest year was 2016, when the fund reportedly...

12/20/17
...West. And two units at Zeckendorf Development’s 520 Park Avenue, each asking more than $70 million, went into contract in June. Excluding any last-minute deals...

11/17/17
...brokerage. Extell Development's Central Park Tower, Zeckendorf Development's 520 Park Avenue and CIM Group and Macklowe Properties' 432 Park Avenue followed on the list, at averages...

11/15/17
...a condo asking $79 million at Zeckendorf Development’s 520 Park Avenue earlier this year, said sales are happening in some parts of the borough but...

11/02/17
...Zeckendorf Towers, 515 Park Avenue, 15 Central Park West and 520 Park Avenue. Zeckendorf Development's 15 Central Park West — often cited as the city's most exclusive address —  had...

...a condo asking $79 million at Zeckendorf Development’s 520 Park Avenue earlier this year, said sales are happening in some parts of the borough but...
  • Event Financing
  • Address 520 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Price $ 75,000,000
  • Publication Date 05/01/2017
  • Event Date 03/17/2017
  • Party 1 Zeckendorf Development
  • Party 2 Children's Investment Fund
notes
The $75 million refi consolidated a new $25 million mortgage with a previous $50 million loan which was issued in 2014.
  • Event Financing
  • Address 520 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Publication Date 12/01/2014
  • Event Date 10/22/2014
  • Party 1 Zeckendorf Development
  • Party 1 Brokerage JLL
  • Party 2 Children's Investment Fund Management
notes
A $450 million construction loan was arranged for the 51-story condo
  • Event Sales
  • Address 520 Park Avenue
  • Neighborhood Lenox Hill
  • Borough Manhattan
  • Square feet 70,000
  • Price $ 40,000,000
  • Price per foot $ 571.43
  • Publication Date 04/01/2013
  • Event Date 02/20/2013
  • Party 1 Christ Church
  • Party 2 William and Arthur Zeckendorf
notes
The air rights sold for more than $40 million, the New York Times reported. The buyers plan to develop a 51-story apartment building with 30 units that are expected to sell for upward of $8,000 per square foot.

...Gramercy Park and their new luxury tower at 520 Park Avenue. Milstein Properties, meanwhile, made the cut on TRD’s list with 3,589 units, thanks to...

12/31/15
...on for more. From left: 220 Central Park South, 520 Park Avenue and One57 One57’s record-breaking deal and the rise of the $100M+ penthouse The...

...including the $130 million penthouse at Zeckendorf Development’s 520 Park Avenue, the $150 million penthouse at the former Sony building at 550 Madison Avenue, and a possible...

...been for sale since April 2013. A rendering of 520 Park Avenue Steven Klar’s triplex penthouse at CitySpire, priced at $100 million, also remained on the...