Own Luxury Homes®
Aman New York vs 432 Park Avenue: Which NYC Branded Residence?
Aman New York vs 432 Park Avenue: Aman has 22 units at $20M–$55M+; 432 Park has 104 units at $10M–$95M. Aman premium 40–60%+; 432 Park premium 20–30% pre-lawsuit settlement. 432 Park $125M HOA lawsuit settled 2023. Own Luxury Homes® 12-Point Agent Integrity Audit™ covers both properties.
Home — Branded Residences — Aman New York vs 432 Park Avenue: Which NYC Branded Residence?
Aman New York vs 432 Park Avenue: Which NYC Branded Residence?
22 vs 104
Aman New York has 22 units; 432 Park has 104 {EM} scarcity is the defining contrast
$20M{ND}$55M+
Aman New York price range vs $10M{ND}$95M at 432 Park Avenue
40{ND}60%+
Aman branded premium vs 20{ND}30% at 432 Park {EM} before HOA lawsuit adjustment
2023 Settlement
432 Park HOA filed $125M lawsuit against developer in 2021; settlement reached 2023
These are the two most discussed branded residences in New York City. They are also, in almost every meaningful dimension, polar opposites. Aman New York: 22 units, one of the most exclusive hotel brands in the world, the highest branded-residence premium in America, a Beaux-Arts landmark. 432 Park Avenue: 104 units, a supertall that defined Billionaires’ Row, an HOA that filed a $125M lawsuit against the developer, and a settlement that raises due-diligence questions every buyer must resolve. This comparison gives you the facts on both.
Own Luxury Homes® — 12-Point Agent Integrity Audit™
Own Luxury Homes® is the specialist brokerage for branded-residence buyers. Our 12-Point Agent Integrity Audit™ verifies every agent’s developer track record, conflict-of-interest protocols, and new-construction due-diligence capability before we assign them to your purchase. No dual agency. No undisclosed developer relationships. Contact us now.
Side-by-Side Comparison
| Factor | Aman New York | 432 Park Avenue |
|---|---|---|
| Units | 22 residences | 104 residences |
| Price range | $20M{ND}$55M+ | $10M{ND}$95M |
| Brand | Aman Hotels & Resorts | No hotel brand {EM} developer-branded |
| Brand premium | 40{ND}60%+ above comparable non-branded | 20{ND}30% pre-lawsuit; discounted post-lawsuit on resale |
| Developer | OKO Group / Vladislav Doronin | CIM Group / Macklowe Properties |
| Building | Crown Building, Beaux-Arts landmark, 1921 | Purpose-built supertall, completed 2015 |
| Hotel component | 83 Aman hotel rooms below residences | None {EM} pure residential above 96th floor |
| HOA history | No major litigation to date | $125M HOA lawsuit filed 2021; settled 2023 |
| Amenity access | Full Aman hotel amenities, spa, restaurant | Building amenities only; no hotel flag |
| Buyer profile | UHNW scarcity buyers; Aman loyalists | Billionaires{AP} Row prestige buyers; value relative to Aman |
The HOA Lawsuit: What 432 Park Buyers Must Understand
In 2021, the 432 Park Avenue Condominium Association filed a $125 million lawsuit against CIM Group and Macklowe Properties alleging construction defects including wind noise, flooding, and elevator malfunctions. A settlement was reached in 2023. What buyers must determine: (1) What specific defects were covered by the settlement? (2) What remediation has been completed? (3) Are any issues ongoing or unresolved? (4) How has the settlement affected HOA reserves and ongoing budgets? OLH reviews the settlement terms and current HOA status as part of every 432 Park buyer engagement. See: 432 Park Avenue Full Buyer Guide.
Which Property Is Right for Which Buyer
Aman New York is for the buyer who: values scarcity above all else, is an existing Aman client or aspirant, wants the hotel service experience integrated into their residence, and for whom $20M–$55M+ is the appropriate price point. 22 units means almost no resale inventory and near-irreplaceable acquisition opportunity.
432 Park Avenue is for the buyer who: wants Billionaires’ Row presence, iconic New York address, prefers the pure-residential over hotel-integrated experience, and is prepared to conduct thorough HOA due diligence on the post-settlement state of the building. 432 Park’s 104-unit count means more resale availability at lower relative prices than Aman. See: Aman New York Guide and 432 Park Avenue Guide.
Ryan Brown, Principal Broker & CEO — Own Luxury Homes®
“The buyer who asks me which one to buy gets a question back: which matters more to you — the scarcity of Aman’s 22 units or the floor-to-ceiling windows on Billionaires’ Row with 104 potential neighbors? Both are irreplaceable New York addresses. The HOA history at 432 Park is a due-diligence question, not a disqualifier. But you need to know exactly what was settled and what remains before you sign.”
Own Luxury Homes® — Branded-residence specialists in every major US market. 12-Point Agent Integrity Audit™. No dual agency. No developer conflicts. Contact us now ›
Branded Residence Guides — Own Luxury Homes® Hub
Buyer Guides: What Are Branded Residences Premium Analysis Due Diligence Deposit Protection HOA & Developer Control Brand Management Agreement Branded vs Resale International Buyers
Markets: Miami New York Los Angeles Ski Resorts Emerging Markets
Best Agents: Best Agent USA Best Broker All 50 Pre-Construction Specialist International Buyer Agent How Our Network Works Best Agent Miami Best Agent New York Best Agent Los Angeles Best Agent Aspen Best Agent Park City Best Agent Chicago Best Agent Dallas
By Brand: Four Seasons Waldorf Astoria St. Regis Ritz-Carlton Aman Mandarin Oriental Rosewood Auberge Resorts
Comparisons: Aman vs 432 Park Aston Martin vs Bentley vs Porsche Waldorf vs St. Regis Four Seasons vs Ritz-Carlton Aspen vs Park City vs Telluride New Construction vs Resale Hotel Brand vs Fashion Brand Branded vs Luxury Condo Branded vs Private Club Branded vs Co-op NYC
Frequently Asked Questions
Which is more expensive: Aman New York or 432 Park Avenue?
Aman New York starts at $20M–$55M+. 432 Park Avenue ranges from $10M–$95M, with penthouse units exceeding Aman’s range. At the midpoint, Aman is significantly more expensive per square foot due to scarcity premium.
Was the 432 Park Avenue HOA lawsuit fully resolved?
A settlement was reached in 2023. OLH reviews current HOA status, completed remediation, and reserve adequacy as part of every 432 Park buyer engagement. The settlement is the starting point of due diligence, not the end.
Does Own Luxury Homes cover both properties?
Yes. OLH 12-Point Agent Integrity Audit™ verified specialists cover both Aman New York and 432 Park Avenue. Contact ownluxuryhomes.com/connect for same-day specialist assignment.
"The introduction Own Luxury Homes® makes is to a specialist with documented closing history in your specific market — not the county, not the metro, the submarket you're actually selling or buying in. That's the standard we verify before your name goes anywhere."
— Ryan Brown, Principal Broker & CEO, Own Luxury Homes® (FL License BK3626873)