World's tallest apartment building will have 154 floors, living here will cost you...
A new building in Brazil is set to dethrone New York City's Central Park Tower as the world's tallest apartment building with the top floors costing as much as $53 million ( ₹453 crore).
According to a New York Post report, the Senna Tower in Brazil which is said to be inspired by the life of Formula 1 racing legend Ayrton Senna, will have a height of over 1,800 feet and 154 floors.
The two triplex penthouses on top, spanning 9,700 square feet each, will be priced at a staggering $53 million or ₹453 crore, a giant leap from the original estimate of $15.92 million. The triplexes will be sold by the UK auction house Sotheby's.
Ayrton Senna, a three-time world racing champion, tragically died at the age of 34 during 1994's San Marino Grand Prix. His niece and artist Lalalli Senna, helped design the tower to symbolise the motor sports icon's journey.
The Senna Tower will have a total of 228 units which include 204 apartments and 18 suspended 'mansions'. However, none of these will come cheap as even the tower's tiniest residences will cost around $5 million.
The project is a collaboration between construction company FG Empreendimentos, Senna's family and Brazilian retailer Havan. The estimated investment totals more than $525 million with construction to be completed by 2033.
Recently, a penthouse in a "supertall" skyscraper in Manhattan dubbed the world's skinniest skyscraper was put on sale for $110 million. The penthouse consists of a four-floor home or a "quadplex" spanning the 80 to 83 floors of the 1,400-foot-tall building.
The building which houses the penthouse is known as the Steinway Tower and was built in 2022. It is one of the tallest skyscrapers in the West with a height-to-width ratio of 24:1.8
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Mint
an hour ago
- Mint
Donald Trump reveals ‘true feelings' about fued with Elon Musk: ‘Nothing catches me by surprise'
US President Donald Trump revealed "his true feelings" about his public spat with tech billionaire Elon Musk in an interview with the New York Post. 'Nothing catches me by surprise. Nothing,' the president was quoted as saying when asked about the personal attacks launched at him by Musk, the former chief of the Department of Government Efficiency. Trump reportedly turned his conversation with The Post toward his polling numbers instead of directly addressing the strife with his former top ally. He said, "The numbers are through the roof, the stock market is up, billions are pouring in from tariffs, and my poll numbers are the highest they've ever been. Other than that, what can I tell you, right?" Later, Trump said while addressing reporters aboard Air Force One on Friday that he has no plans to speak with Elon Musk, signaling that the president and his former ally might not resolve their feud over a sweeping tax-cut bill anytime soon. Trump said he wasn't "thinking about" the Tesla CEO. "I hope he does well with Tesla," Trump was quoted by Reuters as saying. However, Trump said a review of Musk's extensive contracts with the federal government was in order. "We'll take look at everything," the president said. "It's a lot of money, He takes a lot of subsidy, so will take a look at that," he said. But Trump added, 'only if it's to be fair for him and for the country.' In a barrage of posts on the X social media platform since June 5, Elon Musk has criticised Trump's 'Big Beautiful Bill', which awaits the Senate's nod. The Bill was narrowly passed the House of Representatives earlier. Musk amped up his attacks on Trump over the tax bill after he stepped down as the head of DOGE late May this year. The Tesla CEO's 130-day mandate as a "special government employee" in the Trump administration was set to expire around May 30. Trump had then bid him farewell. He had credited Musk with 'a colossal change in the old ways of doing business in Washington" and said some of his staff would remain in the administration. Meanwhile, Musk said he expects 'to remain a friend and an adviser and certainly, if there's anything the president wants me to do, I'm at the president's service.' Things turned south for Trump and Musk after the SpaceX owner unleashed an assault on the US President's flagship spending legislation -- the 'Big Beautiful Bill'. He urged Americans to lobby Congress to "KILL the BILL." On June 5, Musk intensified his offensive, cautioning that "America is in the fast lane to debt slavery" while insisting on a comprehensive overhaul of the legislation. "A new spending bill should be drafted that doesn't massively grow the deficit and increase the debt ceiling by 5 TRILLION DOLLARS," Musk demanded. Musk's comments came at a pivotal moment for Trump's self-described "big, beautiful bill", which encompasses sweeping tax reductions and expanded military expenditure. The House of Representatives had approved the measure by the narrowest of margins last month, with only three Republican members dissenting against solid Democratic resistance.
Mint
4 hours ago
- Mint
Elon Musk's daughter mocks father's feud with Trump: ‘Love being proven right'
Elon Musk's daughter appeared to mock her father's highly publicised feud with US President Donald Trump on Friday, expressing satisfaction over the situation on social media. Vivian Wilson, 21 — who previously vowed to leave the US after Trump's election — shared an Instagram post that hinted at amusement over the clash. The Instagram post of Elon Musk's daughter. 'I love being proven right,' she wrote, followed by uncontrollable laughter and a refusal to comment further, according to a report by the New York Post. The conflict between Musk and Trump escalated Thursday when Musk criticized one of Trump's policies, prompting Trump to question whether their relationship could ever be repaired. Trump said on Friday that Elon Musk had "lost his mind" but added that he was ready to move past their heated fallout. The dramatic rift between the world's richest man and the most powerful political figure has sparked concerns, carrying both political and economic implications. "Honestly I've been so busy working on China, working on Russia, working on Iran... I'm not thinking about Elon Musk, I just wish him well," Trump told reporters aboard Air Force One en route to his New Jersey golf club late Friday, as reported by AFP. After Elon Musk slammed Trump's spending bill as an 'abomination' on Tuesday, the former president responded sharply from the Oval Office on Thursday, expressing he was 'very disappointed' in the billionaire entrepreneur. I love being proven right. The controversial bill is expected to face stiff resistance in Congress, as it significantly increases the U.S. deficit. Critics also warn that it could slash healthcare coverage for millions of low-income Americans. (With inputs from agencies) Key Takeaways Public feuds can have significant political and economic ramifications. Family dynamics can add complexity to high-profile conflicts. Social media serves as a platform for personal opinions on public matters.
Mint
9 hours ago
- Mint
Airline Gol Makes International Push to Cut Brazil Risk After Chapter 11
(Bloomberg) -- Brazilian airline Gol Linhas Aéreas Inteligentes SA is ramping up international expansion as part of a strategy to boost growth and reduce dependence on its home market after exiting Chapter 11, Chief Executive Officer Celso Ferrer said in an interview. The company wants a quarter of its business to come from outside the country to offset risks like currency fluctuations and fuel cost pressures, which led Gol and most of its major peers to seek protection from creditors in past few years. Azul SA, which was looking to merge with Gol, filed just last week. 'If today I'm not finding enough passengers here in Brazil, I'll pick them up in Buenos Aires,' the CEO said. The move will also allow it to tap 'broader demand pools' as high interest rates and inflation limit consumer spending in Latin America's largest economy, he added. The company currently gets about 20% of its total capacity from 16 international routes, most of which are in Latin America. Gol is expected to begin flying to Caracas, Venezuela in August, according to Ferrer. Gol filed for Chapter 11 in January 2024, capping its ill-fated efforts to bounce back from the Covid-19 pandemic after completing some 10 liability management exercises or capital raises. The airline exited the process this week with a leverage of 5.4 times a measure of earnings. That's higher than the 4.7 times in net leverage it reported in the first quarter of 2024. Ferrer acknowledged the number is still elevated, and said Gol has a 'clear plan' to lower that by nearly 50% by 2027. Gol's plans include improving operations and earnings, and not taking on more debt, he added. The CEO also said the company has a 'robust' liquidity position of around $900 million upon exit, and that it was able to extend its debt maturities in the process. The carrier's shares have gained around 17% since May 20, after Gol announced it expected to exit Chapter 11 in June. Fallout from the pandemic, persistent inflation and high interest rates took a toll on Latin American airlines. Major regional carriers Latam Airlines Group, Avianca Holdings SA and Grupo Aeromexico SAB filed for bankruptcy in the US in 2020. Brazilian carriers were hit particularly hard by a mismatch in revenues in local currencies and dollar-denominated costs like fuel, leases and foreign debt. They also didn't receive any aid from the government. President Luiz Inacio Lula da Silva pushed for a rescue plan for struggling airlines in 2024. But almost a year and a half later, the 4 billion reais ($715 million) in promised aid hasn't reached the companies. Government officials have said they still expect the money to come through in the next three months. 'Today we've restructured our debt so we don't depend on the government,' Ferrer said, adding that Gol made a point not to take into account any aid in its plan. If the money is ultimately made available, Gol would be open to swapping out more expensive debt for lower-cost financing from Brazil's national development bank, known as BNDES, he added. After the Chapter 11 process, Gol is eligible to access government financing again. 'What sets Brazil apart, what puts Brazilian airlines at a disadvantage, is the cost of capital,' Ferrer said, adding that Gol is working closely with the government and other carriers through the trade association to make this a 'structural agenda.' 'This needs to be a national policy — fair, transparent, and not favoring one airline over another,' he added. More stories like this are available on
