CIM, Macklowe to Build Tallest New York Residential Tower
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CIM Group and developer Harry Macklowe are planning to build a Manhattan residential tower that would be the tallest in New York City.
Macklowe and Los Angeles-based CIM intend to build an 82-story, 1,397-foot (436-meter) building at the site of the former Drake Hotel on Park Avenue. The plan was included in permit applications for a sprinkler system and fire alarm filed this week with the New York City Department of Buildings.