Inside the Tallest Residential Building in the Western Hemisphere Yes, 432 Park Ave. is even higher than the Empire State Building.

 -- Bragging rights for the tallest residential building in the Western Hemisphere now belong to a luxury skyscraper in New York City that's even taller than the Empire State Building.

Construction has topped out on the luxury tower at 432 Park Ave. in Midtown Manhattan. The building stands 1,396 feet, making it even taller than 1 World Trade Center without the spire.

The 96-story building will welcome its first residents next year, giving them a breathtaking view stretching from Central Park to the Atlantic Ocean and from Lower Manhattan, where the Freedom Tower is located, to Connecticut.

Among the extras residents can purchase are climate-controlled wine cellars and staff apartments. It comes as no surprise that such a prestigious address isn't cheap. A place in the 104-unit building starts at $16.95 million.