Trump Park Avenue

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Trump Park Avenue
Trump Park Av 502 jeh.jpg
Trump Park Avenue
Trump Park Avenue
Former namesViceroy Hotel (1929), Cromwell Arms (1929), Hotel Delmonico (1929–2001)
General information
Address502 Park Avenue Manhattan
Town or city New York City, New York
Country United States
Coordinates 40°45′47″N73°58′11″W / 40.7631763°N 73.9698578°W / 40.7631763; -73.9698578
Technical details
Floor count32
Design and construction
Architect(s)Goldner and Goldner

Trump Park Avenue is a residential building on the southern border of Lenox Hill at 502 Park Avenue in Manhattan, New York City. The 32-story building was designed by Goldner and Goldner in 1929. It now contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.

Contents

History

The structure was built as a skyscraper hotel. In its first year of operation it went through three names: the Viceroy Hotel, then the Cromwell Arms after James H. R. Cromwell purchased the building, before finally settling on the Hotel Delmonico after the famed 100 year old Delmonico's Restaurant relocated to the hotel. It was purchased in 1929 by New York investor Benjamin Winter, Sr. [1]

On August 28, 1964, Bob Dylan met The Beatles and Brian Epstein for the first time in their suite on the sixth floor where he introduced them to cannabis. 200,000 incoming calls were received by the hotel switchboard during their two-day stay. Fans stood eight-deep outside, held back by barricades, and the lobby and corridors were patrolled by police officers. [2] [3] [4]

The building was converted into apartments in 1974. [5] In 1977, Christie’s leased the Hotel Delmonico’s grand ballroom on the second floor as its first international auction house. [6] In 1990, real estate investor Sarah Korein converted it back to a hotel. [5] Trump purchased the hotel from Korein's estate in 2001 for $115 million and hired architect Costas Kondylis to renovate it. [7] [5] [8] The hotel was subsequently renamed Trump Park Avenue.

From 1976 to the early 1990s, the current New York Sports Club’s ground floor location was home to Regine's, a restaurant lounge where many celebrities would meet before going to Studio 54. Andy Warhol was a regular. [9] The building is also home to several businesses, including Scully & Scully, which has occupied a storefront in the building since 1934. [10] [11]

In 2019, the Trump Organization sued Prince Faisal bin Abdul Majeed al-Saud for $1.8 million in back rent. [12]

Notable residents

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References

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  2. ↑ "The Beatles Bible – Bob Dylan turns The Beatles on to cannabis". The Beatles Bible. August 28, 1964.
  3. ↑ Harrison, Andrew (August 27, 2014). "When Dylan met the Beatles – history in a handshake?". The Guardian.
  4. ↑ "Bob Dylan Introduced The Beatles To Cannabis, On This Day In 1964 [Video]". L4LM. August 28, 2020.
  5. 1 2 3 Susanna, Potter (February 7, 2002). "Trump closes buy of NYC's Delmonico Hotel for $115mln". Commercial Real Estate Direct. Archived from the original on May 29, 2018. Retrieved May 28, 2018.
  6. ↑ Reif, Rita (May 15, 1977). "The London Art Market Arrives". The New York Times. ISSN   0362-4331 . Retrieved September 15, 2021.
  7. 1 2 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.
  8. ↑ Bagli, Charles V. (November 30, 2001). "Trump Buys Hotel Delmonico for $115 Million". The New York Times. ISSN   0362-4331 . Retrieved October 16, 2020.
  9. ↑ "Restaurants". The New York Times. September 24, 1976. ISSN   0362-4331 . Retrieved September 15, 2021.
  10. ↑ Sheftell, Jason (January 14, 2010). "A NYC Jewel Box: Home furnishings marvel Scully & Scully turns 75". nydailynews.com.
  11. ↑ Klemesrud, Judy (November 16, 1975). "Queen of French Nightclubs Hopes to Reign Here". The New York Times. ISSN   0362-4331 . Retrieved September 15, 2021.
  12. ↑ Hurtado, Patricia (September 6, 2019). "Saudi Prince Must Pay Trump Organization $1.8 Million in Rent". Bloomberg.com.
  13. 1 2 "Celebrating 70 years of celebrity: Delmonico Hotel marks anniversary". Real Estate Weekly. November 28, 2001 – via The Free Library.
  14. 1 2 3 Peterson-Withorn, Chase (January 17, 2019). "Woman With Chinese Government Connections Bought Jared And Ivanka's Penthouse". Forbes.
  15. ↑ Roberts, Georgett; Feuerherd, Ben (July 24, 2020). "Michael Cohen back home in NYC pad after release from prison". New York Post.
  16. ↑ Polsky, Sara (August 17, 2011). "Donny Deutsch's Penthouse Back on the Market for $33 Million". Curbed NY.
  17. ↑ Marmorstein, Gary (July 16, 2013). A Ship Without A Sail: The Life of Lorenz Hart. Simon and Schuster. ISBN   978-1-4165-9426-0 – via Google Books.
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  25. ↑ Stein, Joshua David (June 6, 2014). "The World Through Stewart Rahr's Neon Glasses". The New York Times. ISSN   0362-4331 . Retrieved September 15, 2021.
  26. ↑ David, Mark (October 20, 2008). "A-Rod Officially Lists Park Avenue Condo (and other news about Madonna)". Dirt.
  27. ↑ Thompson, Dave (2003). Wall of Pain: The Biography of Phil Spector. Sanctuary Pub Ltd. pp. 97–98. ISBN   978-1-86074-543-0.
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  30. ↑ "New York Giants co-owner Steve Tisch is renting Donnie Deutsch's apartment at 502 Park Avenue for $60,000 per month". The Real Deal New York. February 16, 2012.
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  32. ↑ Peters, Jeremy W.; Dias, Elizabeth (November 2, 2019). "Paula White, Newest White House Aide, Is a Uniquely Trumpian Pastor". The New York Times. ISSN   0362-4331 . Retrieved September 15, 2021.
  33. ↑ Pinsky, Mark I. (May 1, 2012). "Holy High Roller". Orlando Magazine.
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