1212 Fifth Avenue

From Condopedia
Jump to: navigation, search

1212 Fifth Avenue, New York City, NY

1212 Fifth Avenue
1212FifthAvenueNYC.jpg

1212 Fifth Avenue located along Museum Mile in Manhattan
Building Information
Developer Durst Fetner Residential
Architect Blum Brothers
Number of Units 55
Number of Floors 15
Year Built 1925
Construction Method Concrete
Type of Roof IRMA
Loading map...
1212 Fifth Avenue, New York City, NY
Distance to Public Transit 25 nearby routes
Region New York City
Municipality New York City
Zoning R9
Title of Land Condominium


Contents

Background

The late 2000s saw a boom in conversion projects in New York City, and 1212 Fifth Avenue was one of the later projects to join this trend of converting preexisting buildings into luxury condominiums.

Initially drawing controversy as part of the neighboring Mount Sinai Medical Center’s re-development, the actual conversion and sale of 1212 Fifth Avenue was a huge success and this building continues to attract droves of interested buyers. While its location at 102nd Street is pushing the boundaries of the prestigious Upper East Side, the expansive views of Central Park are hard to beat, and for those looking for more sustainable living options, 1212 Fifth Avenue offers its residents the opportunity to live in one of the few prewar LEED certified buildings in New York City.

Location

Located along Fifth Avenue at East 102nd Street, 1212 Fifth Avenue would not have been traditionally located in the neighborhood of the Upper East Side. However, developments along upper Fifth Avenue in recent years have proven that a Central Park view is desirable no matter how far north that view may be, and as a result, real estate brokers have begun to call the area along Fifth Avenue north of 96th Street Upper Carnegie Hill. This designation invokes the prestigious connotations of Carnegie Hill, located just south between 86th and 96th Streets, while marking its territory as a neighborhood unto its own. Carnegie Hill was named after the townhouse built at Fifth Avenue and 91st Street by Andrew Carnegie in 1901. Still standing today, the building is home to the Cooper-Hewitt, National Design Museum, which is a member of the Smithsonian Institution.[1]

In addition to this museum, 1212 Fifth Avenue finds itself in the middle of Museum Mile which is considered one of the densest collections of culture in the world. Between 82nd and 110th Street, a distance that is technically a couple of blocks longer than a mile, nine different museums stand along Fifth Avenue. These are, in ascending location, the Metropolitan Museum of Art, the Geothe-Institute New York/German Cultural Center, Neue Galerie New York, Solomon R. Guggenheim Museum, the National Academy Museum and School of Fine Arts, Cooper-Hewitt, National Design Museum, the Jewish Museum, the Museum of the City of New York, El Museo del Barrio, and the Museum for African Art.[2]

With a walk score of 92 out of 100 and a transit score of 100 out of 100, residents of 1212 Fifth Avenue do not require a car to complete their daily errands, as they are close to an abundance of food, shopping, and transit options. With a bike score of 70 out of 100, cyclists will find some good bike lanes nearby and mostly flat grades.[3]

Construction

Originally designed by the Blum Brothers, 1212 Fifth Avenue was constructed in 1925 and for the majority of its later life it was used as a rental building for the staff of the neighboring Mount Sinai Medical Center. In 2009, developers Durst Fetner Residential announced their intentions to purchase the building, paving the way for Mount Sinai to build a new 32 story building to house their staff. This proposal was met with much resistance initially, as local residents and New Yorkers alike feared that this new 32 story building would cast unfavorable shadows onto Central Park. Despite these objections, Durst was able to purchase the building in September of 2009 for a figure guessed to be somewhere under $100 million and announced plans for a $47 million conversion project of the building into luxury condominium residences. At this time, Durst was careful to emphasize that they would be working with the nine remaining rent stabilized tenants of the building to ensure that construction would proceed around them with minimal disruption.[4]

The conversion project was undertaken shortly after the deal was approved with Schuman, Lichenstein, Claman & Efron as the architects, and interior design of the building overseen by acclaimed architect S. Russell Groves. After the initial controversy over the plan, the actual construction of the conversion went smoothly and was completed in 2011. This conversion project attracted considerable attention, because it was the first successful attempt in New York City to convert a prewar residence into a LEED certified building.[5]

Layout and Features

Standing 15 stories, 1212 Fifth Avenue retained much of its prewar detailing during its conversion into luxury condominiums, including its classic brick facade. Apartments in this building range in size from one to five bedrooms, with one penthouse unit in the upper floors. Apartments with three bedrooms or more face out to Central Park and with only 55 units in the building, there are any a handful of apartments per floor. These modern homes have many luxury finishes and designs including:

Apartments

  • Custom millwork for heating and cooling systems
  • Miele washers and dryers
  • Paster crown moldings
  • New casement windows
  • Solid wood flooring
  • Wall mounted thermostats

Kitchens

  • Bertazzoni and Miele appliances
  • Italian custom cabinets
  • Dombracht fixtures
  • Caesarstone counter tops
  • Garbage disposals
  • Solid wood flooring
  • Recessed LED light fixtures

Bathrooms

  • Bianco Dolomiti marble finishes
  • Radiant floor heating
  • Custom mill-work vanities
  • Dombracht fixtures
  • Standing showers
  • Custom light fixtures
  • Robern medicine cabinets with integrated outlets

Additionally, the renovation to the building as a whole included:

  • Facade restoration and re-pointing
  • Lobby renovation and restoration
  • New heating and cooling systems
  • New plumbing and electrical systems
  • New casement windows
  • Modernized elevators
  • New roof[6]

Floor Plans

A selection of floor plans is presented.

Amenities

1212 Fifth Avenue offers its residents numerous luxury amenities, including:

  • 24 hour concierge
  • 24 hour doorman
  • Live in resident manager
  • Parking facilities
  • Keyed elevator access
  • Fitness center
  • Yoga studio
  • Pilates studio
  • Children’s playroom
  • Resident lounge
  • Landscaped garden
  • Package room[7]

Bylaws

1212 Fifth Avenue Bylaws
Rentals Yes
Pets Yes
Age No


  • This building is pet friendly.
  • This building allows rentals.
  • There are no age restrictions for this building.[8]

Sustainability

1212 Fifth Avenue has the distinction of being the first prewar residence in New York City to receive a Gold LEED certification.

After an extensive renovation that overhauled nearly every part of the building while retaining its original materials, the LEED designation was announced in 2012.

Renovations included installing improved insulation and energy efficient windows.[9]

Trivia

  • In 2012, 1212 Fifth Avenue was featured in an episode of the television series Selling New York.[10]
  • In the first quarter of 2012, 1212 Fifth Avenue was listed in the top ten best selling buildings in New York. 13 units were sold in the building during that time with an average price of $1.5 million.[11]
  • At one point during its sales period, 1212 Fifth Avenue had up to 500 potential buyers on its wait list.[12]

References

  1. Wikipedia - Carnegie Hill
  2. Wikipedia - Museum Mile, New York City
  3. Walk Score
  4. NY Post
  5. Curbed NY
  6. 1212 Fifth Avenue Official Site
  7. 1212 Fifth Avenue Official Site
  8. Manhattan Scout
  9. Curbed NY
  10. Curbed NY
  11. Curbed NY
  12. New York Real Estate


Discussion Forum

blog comments powered by Disqus


Building Ratings

Ratings are submitted by users like you - Condopedia makes no guarantees or endorsements.

Personal tools
Namespaces

Variants
Actions
Cities and Regions
Condo Facts
Navigation
Contact Condopedia
Toolbox
Share