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520 Park Avenue is a skyscraper on East 60th Street near
Park Avenue Park Avenue is a wide New York City boulevard which carries north and southbound traffic in the boroughs of Manhattan and the Bronx. For most of the road's length in Manhattan, it runs parallel to Madison Avenue to the west and Lexington Avenu ...
on the
Upper East Side The Upper East Side, sometimes abbreviated UES, is a neighborhood in the borough of Manhattan in New York City, bounded by 96th Street to the north, the East River to the east, 59th Street to the south, and Central Park/Fifth Avenue to the wes ...
of
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
,
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. It was designed by
Robert A.M. Stern Architects Robert A.M. Stern Architects, LLP (RAMSA), is an architecture firm based in New York City. First established by Robert A. M. Stern (as Stern Hagmann Architects) in 1969, it is now organized as a limited liability partnership with 16 general partner ...
and completed in 2018. The building was funded through a US$450 million construction loan from
The Children's Investment Fund The Children's Investment Fund Foundation (UK) (CIFF) is an independent philanthropic organisation with offices in Addis Ababa, Beijing, London, Nairobi and New Delhi. It is a registered charity in England and Wales and in 2021 disbursed $468 mi ...
. At 781 feet tall, it is the 36th tallest building in New York City and the tallest on the Upper East Side. Arthur and William Lie Zeckendorf of Zeckendorf Development developed the building.


Architecture

Like much of Stern's work, the building is
New Classical New classical macroeconomics, sometimes simply called new classical economics, is a school of thought in macroeconomics that builds its analysis entirely on a neoclassical framework. Specifically, it emphasizes the importance of rigorous foundat ...
in style. The exterior of the building is clad in
limestone Limestone ( calcium carbonate ) is a type of carbonate sedimentary rock which is the main source of the material lime. It is composed mostly of the minerals calcite and aragonite, which are different crystal forms of . Limestone forms whe ...
, similar to Stern's other New York City skyscrapers including
15 Central Park West 15 Central Park West (also known as 15 CPW) is a luxury residential condominium along Central Park West, between 61st and 62nd Streets adjacent to Central Park, on the Upper West Side of Manhattan in New York City. It was constructed from 2005 t ...
, 30 Park Place and
220 Central Park South 220 Central Park South is a residential skyscraper in Midtown Manhattan in New York City, situated along Billionaires' Row on the south side of Central Park South between Broadway and Seventh Avenue. 220 Central Park South was designed by Rob ...
. The developer, Arthur Zeckendorf has described the building as the East Side sister of 15 Central Park West. The building has 35 apartments on its 64 stories including a $130 million triplex penthouse. Prices begin at over $20 million for a apartment, and residences close to the top have balconies.


Amenities

The building includes an outside garden, private movie theater, children's playroom, swimming pool, wine cellars and a bi-level fitness center. The building offers more than of amenities and amenity spaces for residents.


History

The developers had been planning a building since 2006, but were delayed by difficulties vacating the previous commercial building on the site. Plans for the building were first announced in December 2012, with the selection of Robert A.M. Stern Architects. Shortly after, the developers purchased of air rights from the neighboring
Christ Church United Methodist Christ Church, United Methodist is a United Methodist church on the Upper East Side of Manhattan in New York City. History Located at the northwest corner of Park Avenue and 60th Street, the church was built primarily during 1931–1933. Chur ...
and
Grolier Club The Grolier Club is a private club and society of bibliophiles in New York City. Founded in January 1884, it is the oldest existing bibliophilic club in North America. The club is named after Jean Grolier de Servières, Viscount d'Aguisy, Tre ...
for over $40 million. The building's design was officially unveiled in March 2014 and was completed in 2018.


Notable residents

Residents who have purchased units include: *
Orlando Bravo Orlando Bravo (born 1970) is a Puerto Rican billionaire businessman. He is the co-founder and managing partner of Thoma Bravo, a private equity investment firm that specializes in software and technology-enabled services sectors. The 2019 ''Forbe ...
, private equity investment manager *
Frank Fertitta III Frank Joseph Fertitta III (February 24, 1962) is an American businessman. He is the CEO of Station Casinos. He is also a founder of Zuffa LLC, the parent entity of the Ultimate Fighting Championship (UFC). Education Born to Frank Fertitta Jr. an ...
, the former owner of
UFC The Ultimate Fighting Championship (UFC) is an American mixed martial arts (MMA) promotion company based in Las Vegas, Nevada. It is owned and operated by Zuffa, a wholly owned subsidiary of Endeavor Group Holdings. It is the largest MMA ...
*
James Dyson Sir James Dyson (born 2 May 1947) is a British inventor, industrial designer, farmer, and billionaire entrepreneur who founded Dyson Ltd. He is best known as the inventor of the dual cyclone bagless vacuum cleaner, which works on the princip ...
, the founder of
Dyson Dyson may refer to: * Dyson (surname), people with the surname Dyson * Dyson (company), a Singaporean multinational home appliances company founded by James Dyson * Dyson (crater), a crater on the Moon * Dyson (operating system), a Unix general-pur ...
*
Ken Moelis Kenneth D. Moelis (born 1958) is an American billionaire investment banker, and founder of Moelis & Company, an investment banking firm. Early life and education Moelis was born in 1958, the son of Gaye (née Gross) and Herbert I. Moelis, pre ...
, an investment banker * Bob Diamond, former CEO of
Barclays Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...
*
Ronn Torossian Ronn D. Torossian is an American public relations executive, founder of New York City-based 5W Public Relations (5WPR), and author. Torossian built his firm's brand through aggressive media tactics, which have, at times, enmeshed him in contro ...
, a public relations executive


References


External links

* {{Park Avenue Residential skyscrapers in Manhattan Robert A. M. Stern buildings Upper East Side Residential buildings completed in 2018 Condominiums and housing cooperatives in Manhattan Park Avenue New Classical architecture Pencil towers in New York City