Since 1WTC, the official tallest building in the city, features a large spire and sits at a lower elevation, the rooftop of 432 Park Ave was actually the highest roof in the city, but does not feature any roof deck or observation platform.

The rankings for tallest building change fast in the modern Race to the Sky taking place along Central Park South, and in September 2019, 432 Park was overtaken by just five feet when One Vanderbilt topped out at 1,401 feet tall, making 432 Park the fifth-tallest and One Vanderbilt the four-tallest in the city. Two other buildings in the neighborhood have taken their place on the tallest list, with the ultra-skinny Steinway Tower and the massive Central Park Tower both surpassing 432 Park.