Central Park Tower – The Latest Luxury Condo on 57th St

Brand New Building | 131 Stories | 179 Units | Summer 2021 | Closing

Central Park Tower “CPT” or Central Park Tower is the newest tower on 57th Street, developed by Gary Barnett of EXTELL, like One57. If I were to say that CPT’s two main features are its location and amenities, and for those looking for a central park view or a super tall building with a bird’s eye view of Manhattan, CPT is a new construction project that is definitely worth considering.

2-bedroom price: from $9.1 million
3-bedroom price: from $13.25 million
4-bedroom price: from $29 million
5 bedroom Price: from $63.75 million
8-bedroom Price: from $150 million

Basic information

Brand new building
131 floors
179 units
Summer 2021 Delivery in progress
Mostly 2 to 4 bedrooms (and very few 5 to 8 bedrooms)
Architect Introduction

Adrian Smith + Gordon Gill Architects

The original One57 team returned to 57th Street to design the CPT. The benefit is that the design of this type of super tall home will continue to be refined and improved, and the new design will make more sense than the previous one.

Adrian Smith + Gordon Gill Architects (AS+GG) is committed to designing high performance, energy efficient and aesthetically pleasing buildings. As one of the world’s leading experts in super tall building design and technology, AS+GG has worked with clients around the world to design some of the tallest and best performing buildings in the world.

The AS+GG team has designed nine of the top 100 ultra-high-rise buildings, including the Central Park Tower. With its extensive experience, AS+GG is uniquely positioned to deliver this landmark building. In collaboration with Extell Development, AS+GG has created a beautifully proportioned building, constructed with exquisite materials and with excellent interior living spaces.

Facilities

There are many ultra-high-end buildings on 57th Street, but not all of them have a lot of amenities. There are two main reasons for this: the building’s floor plan is not very large, and it has been nearly 10 years since the first 57th Street mansion was completed, and the architects did not have such a large facility in mind when they designed it. As more and more buildings were built, architects and developers realized they needed to prepare more space for resident amenities.

24-hour doorman and Central Park Club concierge services
White glove services include package delivery, refrigerated storage, dry cleaning services and free bike storage.
Private bar and restaurant for private events with grand ballroom
Cigar and wine lounge
Full service kitchen
Indoor swimming pool
Advanced gymnasium with cardio and weight training flexible multi-training room
Spa treatment rooms
Men’s and women’s locker rooms with showers, steam rooms and saunas
Outdoor swimming pool
Private screening and activity rooms
Digital bike room
Terrace with sun deck and cabanas with poolside food and beverage service
Terrace green social courtyard
Children’s playground
Gas grill cooking station
Outdoor screening
Outdoor bar
Residents’ lounge with billiards
Children’s playroom
Conference room and business center

Location

The Central Park Building is conveniently located between 57th Street and 7th and 8th Avenues, so it’s right in the heart of Manhattan, perfect for uptown and downtown, any office or school.

Columbia University: 14 minutes

New York University NYU: 13 minutes

School of Visual Arts SVA: 13 minutes

Fashion Design FIT: 8 minutes

Because CPT is located in the middle of Central Park on 57th Street in Midtown, it has a spectacular view of the park to the north and great views to the east, south and west. (Compared to One57 where there is an Essex House in front of it)

There are many fine restaurants around CPT, 3 of the 5 3-star Michelin restaurants in New York are nearby, and the other 2 can be reached within 10 minutes.

There are 8 subway lines within 5 minutes (1, B, D, E, N, Q, R, W)

 

The View

 

The view is one of the highlights of Central Park Tower. The north-facing houses are of course the most expensive and the most sought-after view, but I think the south, east and west-facing houses have their own highlights.

 

Interior

The overall interior and layout of the building is very nice and simple.

The kitchen is equipped with custom cabinets from Devizes Smallbone and quality Miele appliances.

The only two criticisms are that some of the closet designs are not so ideal and some of the spaces are fragmented. Some of the doors are too close to each other, which is not ideal.

Advantages

Location, location, location

View, view, view

Facilities, Facilities, Facilities (even compared to other buildings on 57th Street)

Landmark building

Disadvantages

 

Some of the doors are too close to each other, which is not ideal.

The closet design of some units is not so ideal, and some spaces are fragmented.

Surroundings could be better (a common problem in Manhattan)

Conclusion

 

9.5/10

 

Suitable for all school, work and living locations.

There is still room for bargaining in September 2021

 

Overall, the Central Park Tower has a real advantage over the taller buildings on 57th St. There are many tall buildings on 57th St, but not many worth considering.

 

For example, the Steinway Tower (111 West 57th Street) next door has a lawsuit between the engineering team and the developer, and a settlement/completion is still a long way off. 432 Park is for people who live on the east side of the street, but it’s a lot of work to get to Columbia, FIT or offices on the west side. The choice is a matter of personal preference, price and view.

Jerry Wang 王傳詠

Jerry Wang 王傳詠

Hi! I'm Jerry Wang. I'm from Taiwan and have lived in New York for over 20 years with over 12 years of real estate experience and over $1 Billion is sales and development. If you have any questions, please feel free to reach out!
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