Trump Park Avenue

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, designed by Goldner and Goldner, contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.

Trump Park Avenue
Trump Park Avenue
Former namesViceroy Hotel, Cromwell Arms, Hotel Delmonico
General information
Address502 Park Avenue Manhattan
Town or cityNew York City, New York
CountryUnited States
Coordinates40.7631763°N 73.9698578°W / 40.7631763; -73.9698578
Technical details
Floor count32
Design and construction
ArchitectGoldner and Goldner

Trump Park Avenue was built in 1929 as a skyscraper hotel. The building was originally the Viceroy Hotel but was renamed as the Cromwell Arms and as the Hotel Delmonico. In 1929, it was purchased by New York investor Benjamin Winter, Sr.[1]

On Friday 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]

From 1976 to the early 1990s, the current New York Sports Clubs ground floor location was home to Regine's, a restaurant lounge where many celebrities would pregame before going to Studio 54. Andy Warhol was a regular. The building is also home to many of New York's finest established businesses, including Scully & Scully, that has occupied a storefront in the building since 1934. [9] [10] [11] [12] [13][14]

In 2011, Trump allegedly increased the rent of an apartment to $100,000 per month in order to keep Arianna Huffington out of the building.[15]

In 2019 the Trump Organization sued Prince Faisal bin Abdul Majeed al-Saud for $1.8 million in back rent. [16]

Notable residents

References
  1. "New Park Av. Hotel is Sold to Winter; Germanic Trust Resells 32Story Delmonico at Corner of Fifty-ninth Street". The New York Times. March 20, 1929. ISSN 0362-4331. Retrieved October 16, 2020.
  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?" – via www.theguardian.com.
  4. "Bob Dylan Introduced The Beatles To Cannabis, On This Day In 1964 [Video]". L4LM. August 28, 2020.
  5. Susanna, Potter (February 7, 2002). "Trump closes buy of NYC's Delmonico Hotel for $115mln". Commercial Real Estate Direct. Retrieved May 28, 2018.
  6. Reif, Rita (May 15, 1977). "The London Art Market Arrives (Published 1977)" – via NYTimes.com.
  7. "Jon Stewart in $5.8 M. Tribeca "Dog House"; Leo, Gwynnie Lose Townhouse to Hedge-Funder; Bobby Abreu to Beacon Court!". May 16, 2005.
  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. SHEFTELL, JASON. "A NYC Jewel Box: Home furnishings marvel Scully & Scully turns 75". nydailynews.com.
  10. "Welcome to Scully & Scully". www.scullyandscully.com.
  11. https://www.mrporter.com/en-us/journal/fashion/when-disco-had-a-dress-code-688280
  12. Klemesrud, Judy (November 16, 1975). "Queen of French Nightclubs Hopes to Reign Here (Published 1975)" – via NYTimes.com.
  13. "Restaurants (Published 1976)". September 24, 1976 – via NYTimes.com.
  14. Weiss, Lois (June 20, 2001). "HOTEL DELMONICO GOES ON THE BLOCK".
  15. Staff, PageSix com (August 30, 2012). "Trump priced Arianna out".
  16. "Saudi Prince Must Pay Trump Organization $1.8 Million in Rent". September 6, 2019 – via www.bloomberg.com.
  17. "Celebrating 70 years of celebrity: Delmonico Hotel marks anniversary. - Free Online Library". www.thefreelibrary.com.
  18. Marmorstein, Gary (July 16, 2013). "A Ship Without A Sail: The Life of Lorenz Hart". Simon and Schuster – via Google Books.
  19. David, Mark; David, Mark (October 20, 2008). "A-Rod Officially Lists Park Avenue Condo (and other news about Madonna)".
  20. Stein, Joshua David (June 6, 2014). "The World Through Stewart Rahr's Neon Glasses (Published 2014)" – via NYTimes.com.
  21. "TRD Research". therealdeal.com.
  22. Jackson, Dory (September 27, 2017). "Ivanka Trumps Drops Rent Price On New York Condo". International Business Times.
  23. "Wendi Murdoch Misses Having Ivanka Trump As A Neighbor, Talks Jewelry". Guest of a Guest.
  24. "DISPATCH". Departures.
  25. "New York Giants | Steve Tisch | Trump Park Avenue". The Real Deal New York. February 16, 2012.
  26. Gould, Jennifer (February 16, 2012). "Trophy room".
  27. "Paula White: the pastor who helps Trump hear 'what God has to say'". the Guardian. March 27, 2019.
  28. Peters, Jeremy W.; Dias, Elizabeth (November 2, 2019). "Paula White, Newest White House Aide, Is a Uniquely Trumpian Pastor (Published 2019)" – via NYTimes.com.
  29. "Holy High Roller". May 1, 2012.
  30. "502 Park Avenue, New York, NY 10022: Sales, Floorplans, Property Records | RealtyHop". www.realtyhop.com.
  31. "Eric Kuhn - New York, NY Property Records Search | RealtyHop". www.realtyhop.com.
  32. Peterson-Withorn, Chase. "Woman With Chinese Government Connections Bought Jared And Ivanka's Penthouse". Forbes.
  33. Roberts, Georgett; Feuerherd, Ben (July 24, 2020). "Michael Cohen back home in NYC pad after release from prison".
  34. "New York City's Real Estate Broker Glut - Matt Lauer Moves to Trump Park Avenue - Nymag". New York Magazine.
  35. "Donny Deutsch". John's Star Maps.
  36. Polsky, Sara (August 17, 2011). "Donny Deutsch's Penthouse Back on the Market for $33 Million". Curbed NY.
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