Source: CIM Group / #Condos #NYC
NEW YORK, NY - 432 Park Avenue announced that it has obtained a Temporary Certificate of Occupancy (TCO), enabling the building's first residents to begin closings on their new homes in the coming weeks. In addition, the TCO allows for the opening of the project's new on-site sales and marketing center, which will launch later this month.
These two events mark major milestones for the soaring luxury condominium developed by CIM Group and Macklowe Properties, which topped out at 1,396 feet approximately one year ago.
The new 432 Park Avenue sales and marketing center will complement the recently-completed half-floor model residence designed by Deborah Berke, which provides a first glimpse inside a spectacular finished home, giving potential buyers the full experience of 432 Park Avenue living.
CIM Group, Macklowe Properties, and Douglas Elliman Development Marketing's longstanding plans were to relocate the sales and marketing center on site once the TCO was obtained, and the three organizations will continue in their successful collaboration.
Douglas Elliman has served as consultant to the project since pre-development and, along with Macklowe Properties, has been co-exclusive sales and marketing agent since 2014. Douglas Elliman will manage and staff the center, and it will be overseen by CIM Group and Macklowe Properties.
In advance of 432 Park Avenue's first residents moving in, the majority of the building's staff has been hired and is undergoing training in order to provide residents with an extraordinary level of service appropriate for one the world's finest properties. Additionally, now that the project has received a TCO, select inventory at 432 Park Avenue will be available for immediate occupancy. Available listings range from $16.95 million to $76.5 million.