"Barnett was initially tight-lipped about his plans for the lot, which Extell purchased this past October for nearly $160 million, but its scope came into focus after his firm acquired the adjacent properties. In July, Extell revealed a pair of renderings for the supertall, one of which appears to put a new 84-story tower close enough to 520 Park that each building's residents could reasonably look in on the other."
"A listing asking $100 million for the top-floor penthouse duplex ( carved out of a triplex that had previously asked $130 million) boasted of an "unprecedented" solarium, a custom staircase, and five bedrooms. And because it was at the tippy-top of a supertall, "panoramic views from all four exposures." A-Rod (and then-girlfriend Jennifer Lopez) were reportedly intrigued. The vacuum billionaire James Dyson bought a sponsor unit for just under $74 million. Sale records were set as the building's " mansions in the sky " filled up."
520 Park is a 54-story Robert A.M. Stern-designed limestone tower marketed to ultra-wealthy buyers with multimillion-dollar penthouses and panoramic views from all exposures. Developers William and Arthur Zeckendorf emphasized the address's skyline prominence and offered features like solariums, custom staircases, and five-bedroom layouts. Extell purchased adjacent lots at 655 Madison for nearly $160 million and revealed renderings showing a potential new supertall that could rise 84 stories and sit close enough to impair 520 Park's west-facing sightlines. The prospect of lost views prompted legal action from the 520 Park top-floor penthouse owner.
Read at Curbed
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