240 Park Avenue South

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240 Park Avenue South, New York City, NY

240 Park Avenue South
240ParkAvenueSouthNYC.jpg

240 Park Avenue South in the Flatiron District of Manhattan
Building Information
Developer Tessler Developments
Architect Gwathmey Siegel & Associates
Number of Units 52
Number of Floors 17
Year Built 2008
Construction Method Concrete
Type of Roof IRMA
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240 Park Avenue South, New York City, NY
Distance to Public Transit Over 60 nearby options
Region New York City
Municipality New York City
Zoning C6 - 4A
Title of Land Condominium


Contents

Background

The Flatiron District has welcomed an influx of residents over the past three decades, and as a result this area has become a highly popular address with buyers. Combining this desirable location with a star architect, 240 Park Avenue South had no problems attracting buyers when the project was begun in 2006.

Designed by the world famous architectural firm of Gwathmey Siegel and Associates, 240 Park Avenue South is a high rise mixed use building that offers its residents luxury living with a fashionable flair. Although the building initially tried to brand itself as 2forty, this moniker did not survive real estate watchers’ commentary and therefore, the building is known today simply as 240 Park Avenue South.

Location

Found at the intersection of 19th Street and Park Avenue South, 240 Park Avenue South finds itself in the neighborhood of the Flatiron District in Lower Manhattan. Named after the famed Flatiron Building located at 23rd Street and Broadway, the Flatiron District gained its distinction as a separate neighborhood in the mid-1980s when residents began to move into the area, and real estate brokers required a name for the evolving neighborhood. Prior to the 1980s, the Flatiron District was primarily a commercial area often referred to as the Toy District.

Although the transformation into a residential neighborhood has been fairly widespread, the Flatiron District is still home to several commercial interests, primarily in the publishing and advertising industries. Additionally, the Flatiron District is the location for several famous New York buildings, including the aforementioned Flatiron Building, the Met Life Building, and One Madison Park.[1]

With a walk and transit score of 100 out of 100, residents of 240 Park Avenue South do not require a car to complete their daily errands, as they are within walking distance of numerous food, shopping, home service, and transit options. With a bike score of 83 out of 100, cyclists will find many excellent lanes nearby as well as lovely flat grades.[2]

Construction

Charles Gwathmey is a member of the celebrated group of architects, The New York Five, and has been given the moniker of "starchitect" by the media. The clout of Gwathmey’s name was used heavily to promote the project of 240 Park Avenue South, a project that was developed by Itzaak Tessler of Tessler Developments. Tessler is no stranger to Park Avenue South, having developed the conversion project located at 260 Park Avenue South prior to working on 240 Park Avenue South.

Designed in the Postmodern style of architecture by Gwathmey Siegel & Associates, construction on this building began in 2006 and was completed in 2008. The construction contract was handled by Pavarini McGovern. [3]

Layout and Features

Standing 17 stories, 240 Park Avenue South is a mixed use building that holds 54 residential units and 6,000 square feet of commercial retail space on the first floor. Standing directly on the intersection of 19th Street and Park Avenue South, this building features a curved glass corner rising up from the corner and one setback in the upper floors. The exterior is a curtain wall facade made up of concrete and limestone slabs and is primarily composed of the building’s numerous floor to ceiling glass window panels. The lobby of 240 Park Avenue South is decorated with perforated leather walls, stone floors and benches, and recessed lighting.[4]

Apartments in this building range from one to three bedroom units, with two full floor penthouses in the upper levels. The top floor penthouse comes with private access to the rooftop and an option to install a pool on the roof of the building. The size of the building’s units range from about 800 to 2,700 square feet and feature ceilings of up to 11 feet, floor to ceiling windows, hardwood flooring, individually controlled heating and cooling systems, and in suite laundry.

The kitchens have been outfitted with Sub-Zero, Miele, and Kuepperbusch appliances, Jet Mist granite countertops, and aluminum frame cabinetry. The bathrooms feature stone sinks, cast iron soaking tubs, white marble walls, Jet Mist granite floors, and Dombracht fixtures.[5]

Floor Plans

A selection of this building's floor plans are presented.

Amenities

240 Park Avenue South provides its residents with a long list of luxury amenities, including:

  • 24 hour concierge
  • 24 hour doorman
  • Screening room
  • Resident lounge
  • Daily continental breakfast
  • Landscaped roof deck
  • Fitness center
  • Pool
  • Spa
  • Sauna
  • Landscaped courtyard and garden
  • Storage facilities
  • Laundry facilities[6]

Bylaws

240 Park Avenue South Bylaws
Rentals Yes
Pets Yes
Age No


  • This building allows rentals, sublets, and pied-a-terre.
  • This building is pet friendly.
  • There are no age restrictions for this building.[7]

Sustainability

To date, this building has not received any LEED certifications and therefore, it is not designated as a green building.

Residents who wish to help improve the overall sustainability of 240 Park Avenue South can do so in a number of ways, including:

  • Installing more energy efficient materials when updating/renovating their apartments
  • Participating in New York City’s recycling programs
  • Forgoing car ownership in favor of walking and taking public transit in order to reduce their carbon footprint[8]

Trivia

  • In February of 2013 and January of 2011, this building was featured in episodes of the television series Selling New York.[9]
  • In 2011, this building was part of a lawsuit involved the television series Selling New York. The lawsuit, filed by the high end custom furniture company Heptagon Creations, alleges that images of their furniture were illegally digitally added to an apartment in 240 Park Avenue South as part of the sales presentation on the show.[10]
  • The marketing plan for 240 Park Avenue South drew criticism and mockery for trying to claim “God’s given light” as one of the building’s amenities. This was on the heels of the building’s failed attempt to re-brand itself with the moniker 2forty.[11]

References

  1. Wikipedia - Flatiron District
  2. Walk Score
  3. Emporis
  4. Street Easy
  5. New Construction Manhattan
  6. City Realty
  7. Manhattan Scout
  8. Manhattan Scout
  9. Curbed NY
  10. The Real Deal
  11. Curbed NY


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