Trump Park Avenue Explained

Trump Park Avenue
Former Names:Viceroy Hotel, Cromwell Arms, Hotel Delmonico
Address:502 Park Avenue Manhattan
Location City:New York City, New York
Location Country:United States
Mapframe-Wikidata:yes
Coordinates:40.7632°N -73.9699°W
Destruction Date:-->
Floor Count:32
Architect:Goldner and Goldner
Unit Count:-->

Trump Park Avenue is a residential building on the southern border of Lenox Hill at 502 Park Avenue in Manhattan, New York City. The 32-story building was designed by Goldner and Goldner in 1929. It now contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.

History

The structure was built as a skyscraper hotel. Originally named the Viceroy Hotel, it was renamed the Cromwell Arms, then the Hotel Delmonico. It was purchased in 1929 by New York investor Benjamin Winter, Sr.[1]

On August 28, 1964, Bob Dylan met The Beatles and Brian Epstein for the first time in their suite on the sixth floor where he introduced them to cannabis. 200,000 incoming calls were received by the hotel switchboard during their two-day stay. Fans stood eight-deep outside, held back by barricades, and the lobby and corridors were patrolled by police officers.[2] [3] [4]

The building was converted into apartments in 1974.[5] In 1977, Christie’s leased the Hotel Delmonico’s grand ballroom on the second floor as its first international auction house.[6] In 1990, real estate investor Sarah Korein converted it back to a hotel. Trump purchased the hotel from Korein's estate in 2001 for $115 million and hired architect Costas Kondylis to renovate it.[7] [8]

From 1976 to the early 1990s, the current New York Sports Club’s ground floor location was home to Regine's, a restaurant lounge where many celebrities would meet before going to Studio 54. Andy Warhol was a regular.[9] The building is also home to several businesses, including Scully & Scully, which has occupied a storefront in the building since 1934.[10] [11]

In 2019, the Trump Organization sued Prince Faisal bin Abdul Majeed al-Saud for $1.8 million in back rent.[12]

Notable residents

Notes and References

  1. News: 1929-03-20. New Park Av. Hotel is Sold to Winter; Germanic Trust Resells 32Story Delmonico at Corner of Fifty-ninth Street. en-US. The New York Times. 2020-10-16. 0362-4331.
  2. Web site: The Beatles Bible – Bob Dylan turns The Beatles on to cannabis. August 28, 1964. The Beatles Bible.
  3. Web site: When Dylan met the Beatles – history in a handshake?. Andrew. Harrison. August 27, 2014. The Guardian.
  4. Web site: Bob Dylan Introduced The Beatles To Cannabis, On This Day In 1964 [Video]]. August 28, 2020. L4LM.
  5. News: Trump closes buy of NYC's Delmonico Hotel for $115mln. Commercial Real Estate Direct. Susanna. Potter. February 7, 2002. https://web.archive.org/web/20180529130306/http://www.crenews.com/general_news/general/trump-closes-buy-of-nycs-delmonico-hotel-for-115mln.html. dead. May 29, 2018. 2018-05-28.
  6. News: Reif. Rita. 1977-05-15. The London Art Market Arrives. en-US. The New York Times. 2021-09-15. 0362-4331.
  7. Web site: Jon Stewart in $5.8 M. Tribeca "Dog House"; Leo, Gwynnie Lose Townhouse to Hedge-Funder; Bobby Abreu to Beacon Court!. May 16, 2005. Calderone. Michael. New York Observer.
  8. News: Bagli. Charles V.. 2001-11-30. Trump Buys Hotel Delmonico for $115 Million. en-US. The New York Times. 2020-10-16. 0362-4331.
  9. News: 1976-09-24. Restaurants. en-US. The New York Times. 2021-09-15. 0362-4331.
  10. Web site: A NYC Jewel Box: Home furnishings marvel Scully & Scully turns 75. Jason. Sheftell. January 14, 2010. nydailynews.com.
  11. News: Klemesrud. Judy. 1975-11-16. Queen of French Nightclubs Hopes to Reign Here. en-US. The New York Times. 2021-09-15. 0362-4331.
  12. News: Saudi Prince Must Pay Trump Organization $1.8 Million in Rent. Bloomberg.com. Hurtado. Patricia . September 6, 2019.
  13. Web site: Michael Cohen back home in NYC pad after release from prison. Georgett. Roberts. Ben. Feuerherd. July 24, 2020. New York Post.
  14. Web site: Donny Deutsch's Penthouse Back on the Market for $33 Million. Sara. Polsky. August 17, 2011. Curbed NY.
  15. Book: Marmorstein, Gary. A Ship Without A Sail: The Life of Lorenz Hart. July 16, 2013. Simon and Schuster. 978-1-4165-9426-0. Google Books.
  16. Web site: Eric Kuhn – New York, NY Property Records Search. www.realtyhop.com.
  17. Web site: Robledo. S.Jhoanna. August 7, 2005. New York City's Real Estate Broker Glut – Matt Lauer Moves to Trump Park Avenue. New York Magazine.
  18. Web site: Donny Deutsch. John's Star Maps.
  19. Web site: TRD Research. therealdeal.com. March 13, 2019.
  20. News: Angwin. Julia. News Corp. Provides Murdoch A $50,000-a-Month Residence. 2024-02-10. Wall Street Journal. September 8, 2006. en-US.
  21. Web site: Urken. Ross Kenneth. October 28, 2010. Wendi Murdoch Misses Having Ivanka Trump As A Neighbor, Talks Jewelry. Guest of a Guest.
  22. Web site: DISPATCH. Departures.
  23. News: Stein. Joshua David. 2014-06-06. The World Through Stewart Rahr's Neon Glasses. en-US. The New York Times. 2021-09-15. 0362-4331.
  24. Web site: A-Rod Officially Lists Park Avenue Condo (and other news about Madonna). Mark. David. October 20, 2008. Dirt.
  25. Book: Thompson, Dave. Wall of Pain: The Biography of Phil Spector. Sanctuary Pub Ltd. 2003. 97–98. 978-1-86074-543-0.
  26. Web site: November 28, 2001. Celebrating 70 years of celebrity: Delmonico Hotel marks anniversary.. Real Estate Weekly. The Free Library.
  27. Web site: 502 Park Avenue, New York, NY 10022: Sales, Floorplans, Property Records. www.realtyhop.com.
  28. Web site: Trophy room. Jennifer. Gould. February 16, 2012. New York Post.
  29. Web site: New York Giants co-owner Steve Tisch is renting Donnie Deutsch's apartment at 502 Park Avenue for $60,000 per month. February 16, 2012. The Real Deal New York.
  30. Web site: Woman With Chinese Government Connections Bought Jared And Ivanka's Penthouse. Chase. Peterson-Withorn. January 17, 2019. Forbes.
  31. Web site: Paula White: the pastor who helps Trump hear 'what God has to say'. Glenza. Jessica. March 27, 2019. the Guardian.
  32. News: Peters. Jeremy W.. Dias. Elizabeth. 2019-11-02. Paula White, Newest White House Aide, Is a Uniquely Trumpian Pastor. en-US. The New York Times. 2021-09-15. 0362-4331.
  33. Web site: Pinsky. Mark I.. Holy High Roller. May 1, 2012. Orlando Magazine.

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