Residences at the Ritz Carlton

From Condopedia
Jump to: navigation, search

50 Central Park South, New York City

Residences at the Ritz Carlton
ResidencesRitzCarlton.jpg

The Ritz Carlton Hotel in New York City
Building Information
Developer Harper Organization
Architect Emery Roth
Number of Units 12
Number of Floors 33
Year Built 1930
Construction Method Concrete
Type of Roof Tile
Loading map...
50 Central Park South, New York City
Distance to Public Transit Over 60 nearby routes
Region New York City
Municipality New York City
Zoning R10-H
Title of Land Condominium


Contents

Background

The Residences at the Ritz Carlton consist of only 12 condo apartments on the top floors of the Ritz Carlton Hotel. Almost immediately upon completion the building fell into foreclosure because of the Great Depression and the building was sold to the Engadine Corporation. The hotel was completely redecorated in the 1950s and the famous Cafe de la Paix was opened a year after the redesign.

In the 1980s and 1990s, the hotel went through numerous owners and the building fell into disrepair. Finally, in the late 1990s, Hotel St. Moritz closed down permanently and the building was redeveloped yet again by the Millennium Partners.

In the months after the September 11th terrorist attacks, the condo apartments were put up for sale for the first time. Today, Westbrook Partners own a stake of the building and the Ritz Carlton Hotel occupies the floors below the Residences.[1]

Location

The Residences at the Ritz Carlton are located on the top floors of the Ritz Carlton Hotel, Central Park. The hotel is located directly on the south edge of Central Park offering stunning views of the park from three sides of the building. The Ritz Carlton is located in Midtown Manhattan close to the retail paradise of Fifth Avenue, the business district of Madison Avenue, and the theater district of Broadway. The building is walking distance from such famous stores as FAO Schwartz, Apple Store, and Bergdorf Goodman. Entertainment venues such as Carnegie Hall and Lincoln Center are also nearby.

The Residences at the Ritz Carlton have a walk score of 100 out of 100, meaning that a car is not needed to complete daily errands. Its transit score is also 100 out of 100.[2]

Construction

The building was originally built in 1930 by the architect Emery Roth and the Harper Organization, who represented Harris H. Uris and Percy Uris at an estimated cost of $6 million.

The building was built over the site of the New York Athletic Club, which was displaced to another location one block away. The building has nearly 400 windows that face directly at Central Park. An additional 300 windows face Sixth Avenue and therefore offer partial views of Central Park.[3]

Layout and Features

The Residences at the Ritz Carlton offer stunning views of Central Park. Most have terraces that face directly onto the park. Several of the apartments have ceiling beams that reach almost 15 feet high with others reaching up to 10 feet. It is the goal within the design of the apartments to give each room a panoramic view of Central Park.

Certain apartments span two floors, while others enjoy their own private roof top terraces. The entrance to the Residences has a rusticated stone base and the sidewalk on either side of the entrance marquee has been landscaped.[4]

The building itself is brown sandstone, topped with a red tile roof that surrounds a small globe. Standing at 365 feet tall, the building is serviced by six elevators. The original lobby has been expanded to include the area once occupied by the famous Rumpelmayer's Restaurant.

Floor Plans

Here is a small sampling of the floor plans available:

Amenities

The Residences at the Ritz Carlton have both a private entrance with a doorman and a private elevator that is separate from the hotel. There is also a separate concierge specifically for the residents. The Residences at the Ritz Carlton enjoy all the amenities of the hotel, including maid service, catering, and private car service. Some of the units have their own terrace and/or roof top area.

The hotel amenities include the award winning La Prairie Spa, The Ritz-Carlton Club Lounge, a fitness center, 24 hour room service dining, valet parking, limousine service (upon request), and a multilingual concierge. The hotel also has a full service business center, wireless Internet access, audio/visual equipment for use, and a conference concierge.[5]

Bylaws

Residences at the Ritz Carlton Bylaws
Pets Yes
Age No


Sustainability

The Ritz Carlton Company has a company wide Environmental Responsibility strategy, in which they outline various green friendly goals for their properties.

Goals include:

  • Reducing the consumption of water and energy
  • Increasing consumption of organic food and locally sourced food products
  • Implementing green friendly standards of construction with future developers
  • Using environmentally friendly products within their properties[6]

Trivia

  • When the building was still the St. Moritz Hotel, Carol Burnett once described spotting Marlene Dietrich at Rumpelmayer's, at the time the city's most famous and expensive ice-cream parlor. Cafe de la Paix was New York's first sidewalk cafe.
  • The original name of Hotel St. Moritz was taken from a famous Swiss Ski Resort and the hotel was originally intended to be a modestly priced hotel option in midtown Manhattan. It eventually came to be known as the bargain hotel of Central Park South.
  • Donald Trump bought the building in 1985 with the intention of turning the hotel into apartments. He filed papers to this end, but ultimately decided to resell the property. Since the condo apartments opened in the wake of the September 11th terrorist attacks, the units have sold infrequently but at ever increasing prices. Bernard Arnault, whom Forbes cites as the fourth wealthiest person in the world, owns an apartment at the Residences at the Ritz Carlton.

References

  1. Wall Street Journal
  2. Walk Score
  3. Wikipedia - St. Moritz
  4. Ritz Carlton website
  5. Ritz Carlton Hotel website
  6. Ritz Carlton - Strategy for Environmental Responsibility


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