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

03/13/19
...a lender on 432 Park Avenue, 30 Park Place and 520 Park Avenue, three of the city’s priciest condo projects, and gave Related $850 million in construction...

03/13/19
...per-square-foot rates of the city’s priciest buildings — 520 Park Avenue, 432 Park, 220 Central Park South, 15 Central Park West and One57. Last year, those five Manhattan...

03/13/19
...Sotheby’s International Realty sued the owners of 520 Park Avenue for withholding a commission on the sale of a $31.5 million unit at the condo...

03/12/19
...s International Realty is suing the owners of 520 Park Avenue for withholding a commission on the sale of a $31.5 million unit at the condominium...

03/06/19
...deal on a penthouse at Zeckendorf Development’s 520 Park Avenue, purchased by vacuum-cleaner mogul James Dyson. Black joined Elliman in 2015 from Corcoran, where he...

...per-square-foot rates of the city’s priciest buildings — 520 Park Avenue, 432 Park, 220 Central Park South, 15 Central Park West and One57. Last year, those five Manhattan...

02/07/19
...520 Park Avenue and Arthur Zeckendorf Two more $30 million-plus penthouses at Zeckendorf Development's 520 Park Avenue closed over...

02/06/19
...to megadeals that closed at luxury projects like 520 Park Avenue, One57, 432 Park Avenue and 160 Leroy. “You cannot underestimate ,” James said. “That has a huge...

...to megadeals that closed at luxury projects like 520 Park Avenue, One57, 432 Park Avenue and 160 Leroy. “You cannot underestimate ,” James said. “That has a huge...

01/31/19
...in 2018. Though big sales at ultraluxury buildings like 520 Park Avenue, 432 Park and 220 Central Park South have dominated the headlines, Elliman’s new report found...

01/29/19
...520 Park Avenue and William Zeckendorf One of the priciest residential deals to start off the year...

01/28/19
...with penthouse units at other high-profile buildings — including 520 Park Avenue, where duplexes have sold for $68 million and $74 million. While penthouses have long been viewed...

01/26/19
...bought a six-bedroom penthouse at Zeckendorf Development’s 520 Park Avenue for $73.8 million. - Decca Muldowney...

01/11/19
...A penthouse at 520 Park Avenue sold for nearly $10 million less than its asking price. Another penthouse at Zeckendorf Development's...

01/04/19
...520 Park Avenue The penthouse at 520 Park Avenue — once seeking $130 million — was among several trophy apartments seeking...

01/03/19
...sale price was boosted by super-luxury closings at 520 Park Avenue and 220 Central Park South, but median sale price continued to fall, slipping below $1 million...

12/24/18
...how to avoid fatigue. Liza Nematnejad Liza Nematnejad 520 Park Avenue Douglas Elliman’s Liza Nematnejad is no stranger to pricey sales. But the sale...

12/20/18
...520 Park Avenue and Arthur Zeckendorf Another penthouse has closed at Zeckendorf Development’s 520 Park Avenue — and...

12/18/18
...was James Dyson's penthouse purchase at Zeckendorf Development's 520 Park Avenue. Check out the rest of the top five in this quick video...

12/17/18
...Clockwise from top left: 520 Park Avenue, 160 Leroy, 70 Vestry and 432 Park Avenue If you wanted to get a big-ticket luxury deal...

12/11/18
...520 Park Avenue with William and Arthur Zeckendorf (Credit: Getty Images) The latest unit to close at...

12/11/18
...by the Zeckendorf family, including 15 Central Park West, 520 Park Avenue and 50 United Nations Plaza...

12/06/18
...520 Park Avenue UPDATED, Dec. 6, 4:45 p.m.: Closings at Zeckendorf Development’s 520 Park Avenue keep rolling in...

12/03/18
...Arthur Zeckendorf and 520 Park Avenue (Credit: Getty Images and 520 Park Ave) As the closings continue at Zeckendorf Development’s...

12/03/18
...how to avoid fatigue. Liza Nematnejad Liza Nematnejad 520 Park Avenue Douglas Elliman’s Liza Nematnejad is no stranger to pricey sales. But the sale...
  • 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...