New 57th St. Tower To Include City's Priciest Apt.

Law360, New York (March 25, 2014, 3:43 PM EDT) -- A joint venture of Zeckendorf Development, Global Holdings and Park Sixty LLC on Tuesday revealed plans for a 51-story residential tower at 520 Park Ave. in Manhattan that will be home to a $100 million penthouse, the most expensive apartment in the city, according to a source close to the development.

Zeckendorf, Eyal Ofer of Global Holdings and Rafael and Ezra Nasser formed a joint entity to develop the project after the Nassers purchased an office building on the site, where Ofer also owned a piece...
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