432 Park Avenue is a supertall residential project by CIM Group for Midtown Manhattan, New York City, USA. With a height of 1,380 feet (420.5 m), containing a hotel and 128 rental apartments,[1] it will become one of the tallest buildings in the United States, as well as the tallest building in New York City to the roof, surpassing both the new and old World Trade Center buildings, and second tallest in total height behind One World Trade Center. Originally proposed at 1,300 feet (396 m) in 2011,[2][1] the building is set for a 2012 start date and expected completion in 2016.[3] Located at 432 Park Avenue, the building required the demolition of the 495 room Drake Hotel built in 1926. In 2006 the hotel was sold for $440 million to developer Harry Macklowe. It was demolished in 2007. The site became one of New York's most valuable development sites[4] due to its location in the heart of the city. With an estimated cost of of US$1 billion, the building's amenities will include 12 ft (3.7 m) high ceilings, golf training facilities, and private dining and screening rooms #park_avenue_432
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