Trump Park Avenue

Trump Park Avenue
Trump Park Avenue
Interactive map of the Trump Park Avenue area
General information
TypeResidential condominium (formerly hotel)
Location502 Park Avenue, New York City, United States
Coordinates40°45′47″N 73°58′11″W / 40.7631763°N 73.9698578°W / 40.7631763; -73.9698578
Completed1928
OwnerThe Trump Organization
Technical details
Floor count35
Design and construction
ArchitectEmery Roth (attributed)
Website
502parkavenue.com

Trump Park Avenue is a residential condominium building at 502 Park Avenue in the Lenox Hill neighbourhood of Manhattan, New York City.

The 35 storey building was completed in 1927–28 as the Hotel Delmonico and is attributed to architect Emery Roth, who designed numerous luxury hotels and apartment buildings in New York City during the early 20th century.

The building operated as a hotel for much of the 20th century under the Delmonico name. Hotel operations ceased by the early 2000s.

In 2001, the property was acquired by The Trump Organization and subsequently converted into luxury residential condominiums. The redevelopment was completed in the early 2000s, and the building reopened as Trump Park Avenue. The renovation preserved the original limestone façade while fully redesigning the interior for residential use.

History

The building was completed in 1928 as a 35-storey skyscraper hotel developed by Benjamin Winter Sr. during a period of rapid hotel construction in Manhattan in the late 1920s.[1] Designed as a high-rise hotel with modern amenities, it reflected the expansion of luxury residential and transient accommodation along Park Avenue in the interwar period.[1]

The hotel originally opened as the Viceroy Hotel. It was shortly thereafter renamed the Cromwell Arms, before becoming known as the Hotel Delmonico in 1929.[1] The adoption of the “Delmonico” name followed the opening of a restaurant using that name within the building; it had no direct connection to the original Delmonico's or the Delmonico family, whose restaurants had ceased operations earlier in the decade. Contemporary disputes over the commercial use of the name reflected its fragmented ownership following the closure of the original business.[1]

On 28 August 1964, Bob Dylan met the Beatles and their manager Brian Epstein at the hotel. The meeting, widely reported in later accounts, was among the first between the artists and has been described as culturally significant. Dylan is widely reported to have introduced the group to cannabis during the encounter, an episode frequently cited in biographies and retrospective coverage.[2] The Beatles’ stay also drew large crowds of fans outside the hotel, requiring police presence to control access to the building.[3]

The building was converted to apartments in 1974, although parts of the lower floors continued in commercial use.[4] In 1977, Christie's established a major New York salesroom in the building’s second-floor ballroom, marking a significant expansion of its presence in the United States.[5]

From 1976 into the early 1990s, the ground floor housed Regine’s, a nightclub and restaurant operated by Régine Zylberberg, which became associated with New York nightlife of the period.[6]

In 1990, the property was reconverted to hotel use by real estate investor Sarah Korein.[4] In 2001, it was purchased for $115 million by The Trump Organization, which undertook a renovation led by architect Costas Kondylis and reopened the property as Trump Park Avenue.[7] The redevelopment retained the building’s exterior facade while substantially reconstructing the interior for mixed hotel and residential use.[4]

The building subsequently operated as a mixed-use property, with hotel suites and condominium residences.[4]

In 2019, the Trump Organization filed a lawsuit against Prince Faisal bin Abdul Majeed al-Saud seeking unpaid rent relating to a residential unit in the building.[8]

Architecture

The building is a 34–35-storey high-rise located on Park Avenue in Manhattan’s Upper East Side. It was originally constructed in 1927–28 as a luxury hotel during a period of intensive high-rise hotel development in New York City.[1]

The design is commonly attributed to architect Emery Roth, who was responsible for a number of prominent residential hotels and apartment buildings in Manhattan during the early 20th century. However, detailed original commissioning records for the project are limited, and attribution is generally based on stylistic analysis and secondary historical sources.[9]

The exterior is characteristic of late-1920s luxury hotel architecture in New York, employing a limestone façade with restrained classical detailing consistent with contemporary Park Avenue developments. The building’s massing reflects the zoning influences of the 1916 Zoning Resolution, with setbacks incorporated to allow light and air to reach the street.[10]

In the early 2000s, the building underwent an extensive interior reconstruction led by architect Costas Kondylis following its acquisition by the Trump Organization. The renovation converted the former hotel into a mixed residential and hotel condominium development, while retaining the original exterior façade.[11]

The redevelopment significantly reconfigured the interior floor plan to accommodate modern luxury residential units, while preserving selected historic architectural elements where feasible.[4]

Notable residents

  • Lucille Ball – American actress and comedian, best known for I Love Lucy.[12]
  • Angela Chen – Chinese business executive and investor in media and real estate.[13]
  • Michael Cohen – American lawyer and former personal attorney to Donald Trump.[14]
  • Donny Deutsch – American advertising executive and television personality.[15]
  • Lorenz Hart – American lyricist known for Broadway collaborations with Richard Rodgers.[16]
  • Eric Kuhn – American finance executive and investment professional.[17]
  • Jared Kushner – American investor, real estate developer, and former White House adviser.[13]
  • Matt Lauer – American television journalist and former co-anchor of Today.[18]
  • Rupert Murdoch – Media mogul and founder of News Corp.[19][20]
  • Wendi Deng Murdoch – Chinese-American businesswoman and film producer.[21]
  • Alex Rodriguez – American former professional baseball player and businessman.[22]
  • Ronnie Spector – American singer and lead vocalist of The Ronettes.[23]
  • Ed Sullivan – American television host known for The Ed Sullivan Show.[12]
  • Thomas Tighe – American nonprofit executive and CEO of Direct Relief.[24]
  • Jonathan Tisch – American businessman and chairman of Loews Hotels.[25]
  • Steve Tisch – American film producer and co-owner of the New York Giants.[26]
  • Ivanka Trump – American businesswoman and former White House adviser.[13]
  • Paula White – American televangelist and prosperity gospel preacher.[27][28]
  • Randy White – American evangelical pastor and minister.[29]
  • Charles Seymour Whitman – Former Governor of New York (1915–1918).[30]

References

  1. ^ a b c d e "New Park Av. Hotel is Sold to Winter; Germanic Trust Resells 32-Story Delmonico at Corner of Fifty-ninth Street". The New York Times. March 20, 1929.
  2. ^ Harrison, Andrew (August 27, 2014). "When Dylan met the Beatles – history in a handshake?". The Guardian.
  3. ^ Harrison, Andrew (August 27, 2014). "When Dylan met the Beatles – history in a handshake?". The Guardian.
  4. ^ a b c d e Potter, Susanna (February 7, 2002). "Trump closes buy of NYC's Delmonico Hotel for $115mln". Commercial Real Estate Direct.
  5. ^ Reif, Rita (May 15, 1977). "The London Art Market Arrives". The New York Times.
  6. ^ Klemesrud, Judy (November 16, 1975). "Queen of French Nightclubs Hopes to Reign Here". The New York Times.
  7. ^ Bagli, Charles V. (November 30, 2001). "Trump Buys Hotel Delmonico for $115 Million". The New York Times.
  8. ^ Hurtado, Patricia (September 6, 2019). "Saudi Prince Must Pay Trump Organization $1.8 Million in Rent". Bloomberg.
  9. ^ Landau, Sarah Bradford (1996). Rise of the New York Skyscraper: 1865–1913. Yale University Press. pp. —.
  10. ^ Willis, Carol (1995). Form Follows Finance: Skyscrapers and Skylines in New York and Chicago. Princeton Architectural Press.
  11. ^ Bagli, Charles V. (November 30, 2001). "Trump Buys Hotel Delmonico for $115 Million". The New York Times.
  12. ^ a b "Celebrating 70 years of celebrity: Delmonico Hotel marks anniversary". Real Estate Weekly. November 28, 2001 – via The Free Library.
  13. ^ a b c Peterson-Withorn, Chase (January 17, 2019). "Woman With Chinese Government Connections Bought Jared And Ivanka's Penthouse". Forbes.
  14. ^ Roberts, Georgett; Feuerherd, Ben (July 24, 2020). "Michael Cohen back home in NYC pad after release from prison". New York Post.
  15. ^ Polsky, Sara (August 17, 2011). "Donny Deutsch's Penthouse Back on the Market for $33 Million". Curbed NY. Archived from the original on February 19, 2021.
  16. ^ Marmorstein, Gary (July 16, 2013). A Ship Without a Sail: The Life of Lorenz Hart. Simon & Schuster. ISBN 978-1-4165-9426-0.
  17. ^ "Eric Kuhn – Property Records Search". RealtyHop.
  18. ^ Robledo, S. Jhoanna (August 7, 2005). "Matt Lauer Moves to Trump Park Avenue". New York Magazine.
  19. ^ "TRD Research". The Real Deal. March 13, 2019.
  20. ^ Angwin, Julia (September 8, 2006). "News Corp. Provides Murdoch A $50,000-a-Month Residence". Wall Street Journal.
  21. ^ Urken, Ross Kenneth (October 28, 2010). "Wendi Murdoch interview". Guest of a Guest.
  22. ^ David, Mark (October 20, 2008). "A-Rod Officially Lists Park Avenue Condo". Variety.
  23. ^ Thompson, Dave (2003). Wall of Pain: The Biography of Phil Spector. Sanctuary Publishing. pp. 97–98.
  24. ^ "Property records – 502 Park Avenue". RealtyHop.
  25. ^ Gould, Jennifer (February 16, 2012). "Trophy room". New York Post.
  26. ^ "Steve Tisch rental at 502 Park Avenue". The Real Deal. February 16, 2012.
  27. ^ "Paula White profile". The Guardian. March 27, 2019.
  28. ^ Peters, Jeremy W. (November 2, 2019). "Paula White joins White House". The New York Times.
  29. ^ "Holy High Roller". Orlando Magazine. May 1, 2012.
  30. ^ Calderone, Michael (May 16, 2005). "Jon Stewart in $5.8 M. Tribeca "Dog House"; Leo, Gwynnie Lose Townhouse to Hedge-Funder; Bobby Abreu to Beacon Court!". New York Observer.
This article is issued from Wikipedia. The text is available under Creative Commons Attribution-Share Alike 4.0 unless otherwise noted. Additional terms may apply for the media files.