18 Gramercy Park

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18 Gramercy Park
18 Gramercy Park.jpg
18 Gramercy Park
18 Gramercy Park
General information
Location18 Gramercy Park (South), Manhattan, New York City, U.S.
Coordinates 40°44′16″N73°59′11″W / 40.737654°N 73.986347°W / 40.737654; -73.986347
Completed1927
Technical details
Floor count19
Design and construction
Architect(s) Murgatroyd & Ogden; Robert A.M. Stern Architects
18 Gramercy.jpg

18 Gramercy Park is a 19-story residential building in Manhattan, New York City, United States. Built as a hotel in 1927 and designed by the architectural firm Murgatroyd & Ogden, [1] it was a women's temporary residence owned by The Salvation Army from 1963 to 2008. It was then known as the Parkside Evangeline. [2] In 2010, The Salvation Army sold the building to Eastgate Realty for US$60 million. [2] [3] The investors were the Zeckendorf family and Israeli billionaire Eyal Ofer. [4] [5]

In 2012, the building was redesigned by Robert A.M. Stern Architects as a luxury 16-unit condominium building. [1] [6] Residents have a key to Gramercy Park, a private park. [6] Since September 2012, the building has sold all of its units (many of which are full-floor residences), with many costing more than US$4,000 per square foot, including the three-level maisonette with a private passage. The units feature marble showers, Miele dishwashers and thick white-oak floors. The building features two rooftop porches, a club room, spa and wellness center, 24-hour porter, full-time staff(including concierge) and four exposures with park and horizon views. Pets are permitted. [7] [8]

18 Gramercy Park units have reportedly sold for between $10 million and $42 million for the 6,329-square-foot (588.0 m2) duplex penthouse. [9]

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References

  1. 1 2 "18 Gramercy Park". Robert A. M. Stern Architects. Archived from the original on June 18, 2013. Retrieved October 21, 2015.
  2. 1 2 Kurutz, Steven (September 25, 2005). "On Gramercy Park, an Old-Fashioned Girl". The New York Times. Retrieved October 21, 2015.
  3. Arak, Joey (August 5, 2010). "Salvation Army Sells Gramercy Park Building for $60 Million". Curbed. Retrieved October 21, 2015.
  4. Arak, Joey (August 11, 2010). "15 Central Park West Dream Team Reunites in Gramercy Park". Curbed. Retrieved October 21, 2015.
  5. Karmin, Craig (May 12, 2013). "Developers Team Up With a Man Behind the Scenes". The Wall Street Journal.
  6. 1 2 Velsey, Kim (October 22, 2012). "18 Gramercy Park Is Having the Best Fall Ever". The New York Observer. Retrieved October 21, 2015.
  7. Hughes, C. J. (October 28, 2013). "Units Sell Out at 18 Gramercy Park". Gotham. Archived from the original on April 23, 2016.
  8. "18 Gramercy Park at 18 Gramercy Park South in Gramercy Park". StreetEasy.
  9. Marino, Vivian (June 26, 2015). "Park View and Coveted Key". The New York Times.