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Another reason why the New York property market is the envy of the world

Another reason why the New York property market is the envy of the world

By Hamish McDougall

The news this week that iconic hospitality brand Aman will open a city resort and residences in New York seems as good an excuse as any to paw at some of the gorgeous new developments springing up across the city.

Aman New York residences

First up, the forthcoming Aman city resort itself, which will take over the landmark Crown Building on the corner of Fifth Avenue and 57th Street. Redesigned by legendary architect Jean-Michel Gathy, Aman New York will offer just 20 private residences (apart from 83 rooms and suites).

Aman will open a city resort and residences in the stunning Crown Building on Fifth Avenue

Alongside a panoply of restaurants, bars and whatnot, the hotel-residence will feature a 22,000-square-foot spa complete with 25-metre swimming pool, daybeds, and our new favourite interior must-have: firepits.

The signature indoor swimming pool by Jean-Michel Gathy

Further details as they emerge: Aman New York.


One57

This stunning new development continues to turn heads – and make headlines, with the record-setting sale of the 10,923-square-foot penthouse condo to Michael Dell, for $100.47m.

The elegant tower by architect Christian de Portzamparc is at once striking and effortlessly at home amid the New York skyline.

One57’s unrivalled Central Park views pair with lush interiors by designer Tony Ingrao. The downside of these cityscapes: it will be hard to get anything done.

Peruse the few remaining condos at One57.


432 Park Avenue

The Western Hemisphere's tallest residential development: 432 Park Avenue

Perhaps the most extraordinary thing about the Rafael Viñoly-designed 432 Park Avenue condominium – the tallest residential building in the Western Hemisphere – is the way its uncomplicated exterior affords just stunning and understated interiors.

The geometry of the signature windows – and, yes, the knockout views – afford a series of brilliant living spaces. Even the bathrooms are sublime…

Even the bathroom gets one of those windows to itself

The facilities, likewise, are endlessly captivating, thanks to double-height ceilings in the billiards room, and this indulgent, 75-foot indoor swimming pool…

Just a handful of apartments remain, including one penthouse: 432 Park Avenue


The Big Bend

Yes, noted, this one is just a concept at this point – by Oiio studio – riffing off 432 Park and what appears to be a Dyson tower fan. But surely it’s just a matter of time…

The extraordinary Big Bend condo concept for New York's billionaire's row, as conceptualised by Oiio studio

Where to now?

108 Thomson Rd lobby

Thomson Road$11,000,000

  • 7
  • 10+4
  • 4
  • 8,626 sqft
The Avenir condo balcony

The Avenir$3,324,000

  • 3
  • 2
  • 1,141 sqft