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Today's Featured Building: Walker Tower

WalkTower-NYC-ExteriorAndEntrance.png


The newly renovated Walker Tower
It seems that no matter where one turns in Manhattan, another treasure is spotted hidden in plain view. The 1929 Art Deco Walker Tower is one such treasure.

This 24 story Art Deco structure was designed by the prolific architect, Ralph Thomas Walker, famous for his 'organic" designs. Walker said of tall buildings, "The skyscraper, to my mind, is the only means … of living in this age of the machine. — “The Relation of Skyscrapers to Our Life,” 1930 Ralph Walker.

He used his skills and training in the Beaux Arts architecture style to create what he called, "humanized" skyscrapers. Using Art Deco ornamentation, he made Walker Tower a dramatic and iconic member of New York City's skyline.

The Art Deco style retained in four additional floors
This building was originally built for the New York Telephone Company as a giant call center. It was later occupied by Verizon until JDS Development and Property Markets Group saw potential in the building and bought it for a measly $27 million in 2007. It is an incredibly well-built and over-built building, the type of structure that today, would bankrupt any potential developer if they tried to duplicate the effort.

JDS Development and Property Markets Group then went ahead and spent another $200 million on renovations to convert the former office building into 50 luxury condominiums. A complete restoration of the brick façade was undertaken and an additional four floors were added to create some super penthouses, designed to attract "A"-listers.

A simple two bedroom unit may sell for as much as $13 million ... not for the "faint-of-pocketbook", for sure. But for those with the 'where-with-all' and want views of Manhattan from Downtown to Midtown and of TriBeCa and the Hudson River, this may be the place for them.[1]

Walker Tower is much better suited as a luxury condominium building than as a storage place for copper wire under Verizon's ownership.


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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:

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