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Today's Featured Building: 737 Park Avenue

737park-nyc-exterior.jpg
Drawing of 737 Park Avenue

Originally marketed to "satisfy the most rigorous demands for prestige and distinction," 737 Park Avenue is an Empire style architectural building that was originally constructed as a luxury townhouse and apartment rental building for the upper class individuals of the Upper East Side.

After serving this purpose for the majority of its lifetime, this unique gem was purchased in 2011 by Macklowe Properties Development. They partnered with Handel Architects, Moed de Armas, and Shannon Architects, and converted the beauty into a condominium building, while still offering some select rental units.

The original developer responsible for building the illustrious structure was Sam Minskoff and Sons, and the architect who styled the art deco design was Sylvan Bien, who was a well-known architect with his own practice. Bien also worked under the Warren & Wetmore Architecture firm in the earlier years of his career. One of Sylvan Bien's other well-known projects in New York City is the Schwab House. Sylvan's son, Robert, continued his father's legacy as an architect until 1996, but Sylvan's many unique buildings carry on his legacy .

Situated at the northeast corner of East 71st Street and Park Avenue, this recently transformed residence offers the a central residential area in Lenox Hill, of which a significant portion lies within the Upper East Side Historic District.

The area dates back to the early 1800s when much of the land was owned by Scottish merchant Robert Lenox, for which the area is named. The 30 acres of land he owned, which later became known as the Lenox Farm, were eventually divided into parcels and sold.[1]


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Cities and Regions:

Region Buildings Housing Units
New York City, NY 625 103,068
Los Angeles, CA 77 10,247
Vancouver, BC 223 39,498
Chicago, IL 51 14,683


Staff Picks:


740 Park Avenue - Known as one of New York City's premiere apartments buildings, 740 Park Avenue is famous for being the childhood home of Jacqueline Kennedy Onassis.

Ansonia - A former hotel with a long and storied history of famous residents, scandals, and tumultuous times, the Ansonia is known for its distinctive architecture and lavish design detailing.

City Spire - At the time of its construction, City Spire was the world's second tallest concrete building, and today is known for its record setting three floor penthouse with panoramic views of Manhattan.

Apple Bank Building - A landmark building that once housed the Central Savings Bank, the Apple Bank Building is known for its luxury, including a fitness center that is illuminated by a chandelier.

Downtown By Starck - A conversion project by famed architect Philippe Starck, this building has been dubbed the Downtown Insanity Palace due to its numerous over the top luxury amenities.

Rutherford Place - A former maternity hospital, Rutherford Place is now a condominium residence in Gramercy Park, and a classic example of the Beaux Arts architectural style.

Jade- With interior design by Jade Jagger, this building introduced Manhattan-ites to pod style living.


News:

Home mortgage rates and real estate news - CNNMoney.com

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Why you want Amazon to be your new neighbor
Amazon has announced a list of 20 cities as potential locations for its second headquarters. The winner is likely to see a significant boost to its real estate market.
What will your monthly mortgage payment be?
In the market for a new home? Or planning to refinance? Find out what your monthly payment will be.
3 ways tax reform will hit home values
The freshly-passed tax code could be a drag on home values.
Homeowners: Here's what's in the tax bill for you
Homeowners would be able to deduct interest on the first $750,000 of a new mortgage under the final tax bill -- down from the current $1 million threshold.

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