Trump World Tower Explained

Trump World Tower
Status:Completed
Location:845 United Nations Plaza (), Manhattan, New York City
Mapframe-Wikidata:yes
Coordinates:40.7523°N -73.9677°W
Start Date:1999
Completion Date:2001
Architect:Costas Kondylis
Cost:$300 million
Floor Area:89800sqm
Top Floor:756feet
Floor Count:72
Unit Count:376
Building Type:Residential
Roof:861feet
Structural Engineer:WSP Cantor Seinuk

Trump World Tower is a residential condominium building in the Turtle Bay neighborhood of Midtown Manhattan in New York City. The tower is located at 845 United Nations Plaza, on First Avenue between 47th and 48th Streets. It was developed by Donald Trump and was constructed between 1999 and 2001.

Architecture

Trump World Tower has 376 units.[1] Designed by the architect Costas Kondylis, the building is high and has 72 constructed floors (but lists 90 stories on elevator panels) with curtain wall facades of dark, bronze-tinted glass.[2] [3] The tower is rectangular in plan, measuring 77by with a slenderness ratio of 11:1.[4] The resulting large windows allow for extensive views of the East River and Midtown Manhattan. The building is constructed with concrete to increase its wind resistance.[5]

History

In 1961, the 18-story United Engineering Center was built on the site. The Center was demolished to make way for the Trump World Tower. In 1997, Donald Trump and his partners, including the Daewoo Corp., a South Korean chaebol, signed a deal to purchase the site from the United Engineering Trustees for $52 million.[6] Trump also acquired unused air rights from at least seven adjacent low-rise properties,[7] specifically two brownstones, the Church of the Holy Family and the Japan Society.[6] [8] Demolition began in October 1998.[8]

Prior to construction, many neighbors, including veteran journalist Walter Cronkite, opposed the building due to its height and lack of distinguishing exterior features. Among the concerns was that this tower would dwarf the headquarters of the United Nations across the street, in particular the United Nations Secretariat Building.[9] East Side neighbors who opposed the project raised $400,000 in a bid to defeat it, with investment manager and philanthropist Alberto Vilar contributing $100,000.[10] Opponents argued that the project would block views, was aesthetically unappealing, violated zoning laws, and was out of character with the surrounding neighborhood.[10] [11] The Municipal Art Society also challenged the project on grounds of air pollution.[10] Opponents lost their battle in state court.[11]

Construction of the building began in 1999. The construction was financed by two German lenders, Deutsche Bank and Bayerische Hypo- und Vereinsbank.[12]

Trump World Tower was briefly the tallest all-residential tower in the world, prior to the completion of the 21st Century Tower in Dubai (2003) and the Tower Palace 3 in Seoul (2004). The tallest of the handful of wholly residential towers completed to date by Donald Trump, it cost approximately US$300 million to construct. The penthouse on the top two floors of the structure which totaled 20,000 square feet (1,858 m²) was priced at $58 million; however, after failing to sell for years, it was split into four different units.

Around 2006, Donald Trump was involved in a struggle with the condominium board at the Trump World Tower. Trump requested the assistance of lawyer Michael Cohen, and Trump gained control of the board.[13]

Occupants

The tower's most expensive floors attracted wealthy buyers from the former Soviet Union. Approximately 65 units were sold to Russian buyers in the late 1990s.[14] [15] New York Yankees star Derek Jeter purchased a 5,425-square-foot condominium for $12.6 million in 2001, and sold it in 2012 for $15.5 million.[16] [17] In 2002, Bill Gates, Harrison Ford, and Sophia Loren were reported to have owned or rented apartments in the building.[18] Trump sold the 45th floor in June 2001 for $4.5 million to the Kingdom of Saudi Arabia, which made the apartments part of its Mission to the United Nations in 2008.[19] [20] George[21] and Kellyanne Conway owned a condominium unit at Trump World Tower during the early 2000s.[22]

Socialite Jocelyn Wildenstein owns a 5,160-square-foot, eight bedroom penthouse in the Tower. In 2015 she listed it for $17.5 million, but it did not sell. In February 2017 she relisted it for $13 million.[23]

The World Bar, a two-story bar and cocktail lounge, is located in the building.[18] [24] It is a popular spot among UN diplomats who work nearby.[24]

In popular culture

The building and some of its condominium units have previously been featured on NBC's The Apprentice, which featured Trump. It has also appeared on the NBC syndicated television show Extra Season 13 - Ep. 193.[25] The building also featured heavily in the 2007 film Before the Devil Knows You're Dead.

The main character of Don Delillo's 2003 novel Cosmopolis holds residence in the top three floors of a building that, while unnamed, is described as the tallest residential tower in New York and located at First Avenue in Midtown Manhattan.[26]

See also

External links

Notes and References

  1. News: Glink . Ilyce . 10 of the tallest residential buildings in the U.S. . October 7, 2019 . CBS . February 12, 2016 . October 7, 2019 . https://web.archive.org/web/20191007180044/https://www.cbsnews.com/media/10-of-the-tallest-residential-buildings-in-the-u-s/ . live .
  2. Book: Nash . Eric Peter . Norman . McGrath . Manhattan Skyscrapers . New York . Princeton Architectural . 1999 . 9781568981819.
  3. News: Robin . Pogrebin . High-Rise Architect Sails Proudly in Mainstream . live . https://web.archive.org/web/20180117042206/http://www.nytimes.com/2007/02/05/arts/design/05arch.html . January 17, 2018 . The New York Times . February 5, 2007.
  4. Web site: TRUMP WORLD TOWER . Ysrael A. Seinuk, P.C. (YAS) . May 7, 2022 . April 20, 2021 . https://web.archive.org/web/20210420050456/https://yaseinuk.com/trump-world-tower . live .
  5. Web site: Trump World Tower, New York City. https://web.archive.org/web/20070108180007/http://www.emporis.com/en/wm/bu/?id=trumpworldtower-newyorkcity-ny-usa. dead. January 8, 2007. Emporis Buildings. December 2, 2007.
  6. News: Tracie . Rozhon . A New Trump Tower Could Overshadow Diplomacy . live . https://web.archive.org/web/20161107182903/http://www.nytimes.com/1997/09/12/nyregion/a-new-trump-tower-could-overshadow-diplomacy.html . November 7, 2016 . The New York Times . September 12, 1997.
  7. News: Robin . Finn . The Great Air Race . live . https://web.archive.org/web/20170328234343/http://www.nytimes.com/2013/02/24/realestate/the-great-race-for-manhattan-air-rights.html . March 28, 2017 . The New York Times . February 22, 2013.
  8. News: Charles V. . Bagli . Trump Starts A New Tower Near the U.N. . live . https://web.archive.org/web/20161107151654/http://www.nytimes.com/1998/10/16/nyregion/trump-starts-a-new-tower-near-the-un.html . November 7, 2016 . The New York Times . October 16, 1998.
  9. Book: Dunford, Martin . The Rough Guide to New York City . New York . Rough Guides . 2009 . 9781848360396.
  10. News: Blaine . Harden . A Bankroll To Fight A Behemoth; Rich Neighbors Open Wallets To Battle Trump's Project For Residential Skyscraper . live . https://web.archive.org/web/20170926183546/http://www.nytimes.com/1999/09/08/nyregion/bankroll-fight-behemoth-rich-neighbors-open-wallets-battle-trump-s-project-for.html?pagewanted=all . September 26, 2017 . The New York Times . September 8, 1999.
  11. News: Charles V. . Bagli . Opponents of Planned Trump Tower Lose Battle . live . https://web.archive.org/web/20180325145810/https://www.nytimes.com/2000/11/22/nyregion/opponents-of-planned-trump-tower-lose-battle.html . March 25, 2018 . The New York Times . November 22, 2000.
  12. Web site: How Russian Money Helped Save Trump's Business. Hirsh. Michael. December 21, 2018. Foreign Policy. en. January 18, 2019. September 2, 2020. https://web.archive.org/web/20200902022024/https://foreignpolicy.com/2018/12/21/how-russian-money-helped-save-trumps-business/. live.
  13. Web site: Schwirtz . Michael . Trump Foot Soldier Sidelined Under Glare of Russia Inquiry . The New York Times . July 2, 2017 . August 22, 2018 . July 3, 2017 . https://web.archive.org/web/20170703045200/https://www.nytimes.com/2017/07/02/us/politics/michael-cohen-donald-trump.html . live .
  14. News: Dorell . Oren . Why does Donald Trump like Russians? Maybe because they love his condos . October 7, 2019 . USA Today . December 16, 2016 . January 18, 2017 . https://web.archive.org/web/20170118093750/http://www.usatoday.com/story/news/world/2016/12/15/donald-trump-russia-wealthy-condo-buyers/95464922/ . live .
  15. News: Melby . Caleb . Geiger . Keri . Behind Trump's Russia Romance, There's a Tower Full of Oligarchs . October 7, 2019 . Bloomberg . March 16, 2017 . subscription . March 17, 2017 . https://web.archive.org/web/20170317021546/https://www.bloomberg.com/news/articles/2017-03-16/behind-trump-s-russia-romance-there-s-a-tower-full-of-oligarchs . live .
  16. News: Elizabeth A. . Harris . Seeking Designated Buyer . live . https://web.archive.org/web/20161118213801/http://www.nytimes.com/2010/09/12/realestate/12jeter.html . November 18, 2016 . The New York Times . September 8, 2010.
  17. News: Gina . Pace . Jason . Sheftell . Derek Jeter sells Trump World Tower home for $15.5 million . live . https://web.archive.org/web/20210224144157/https://www.nydailynews.com/life-style/real-estate/jeter-sells-trump-world-tower-home-15-5m-article-1.1179642 . February 24, 2021 . New York . Daily News . October 11, 2012.
  18. News: Julia . Chaplin . BOÎTE; Understated, In Trump Style . live . https://web.archive.org/web/20170926183240/http://www.nytimes.com/2002/10/27/style/boite-understated-in-trump-style.html . September 26, 2017 . The New York Times . October 27, 2002.
  19. News: The New York Daily News. EXCLUSIVE: Donald Trump made millions from Saudi government. September 4, 2016. September 4, 2016. Stephen Rex. Brown. September 4, 2016. https://web.archive.org/web/20160904124430/http://www.nydailynews.com/news/politics/exclusive-donald-trump-made-millions-saudi-government-article-1.2777211. live.
  20. News: . Saudi disappearance puts spotlight on Trump's business ties . Erica . Orden . October 12, 2018 . In June 2001, he sold the 45th floor of Trump World Tower to the Kingdom of Saudi Arabia for $4.5 million, according to a publicly filed deed for the transaction. In 2007, the Saudis received permission from the New York City Department of Buildings to combine the residential units into a single space to house the Saudi Mission to the United Nations, public records show. . October 16, 2018 . November 23, 2020 . https://web.archive.org/web/20201123232355/https://www.cnn.com/2018/10/12/politics/trump-saudi-business-ties/index.html . live .
  21. News: Kwong . Jessica . May 2, 2019 . George Conway Says He and Kellyanne Owned Trump World Tower Apartment, Rejects Emolument Clause Charge Against President . Newsweek . November 13, 2022 . November 13, 2022 . https://web.archive.org/web/20221113221730/https://www.newsweek.com/george-conway-trump-world-tower-tweet-emoluments-defense-1413071 . live .
  22. News: Schuster . Dana . November 13, 2016 . Kellyanne Conway TellsN . New York Post . December 11, 2017 . December 23, 2020 . https://web.archive.org/web/20201223140129/https://nypost.com/2016/11/13/kellyanne-conway-tells-the-post-she-feels-blessed-over-white-house-gig/ . live .
  23. News: Gordon. Lisa. 'Catwoman' Socialite Jocelyn Wildenstein Asks $13M for Unit in Trump World Tower. February 12, 2017. realtor.com. February 7, 2017. February 12, 2017. https://web.archive.org/web/20170212093103/http://www.realtor.com/news/celebrity-real-estate/jocelyn-wildenstein-selling-trump-world-tower-condo/. live.
  24. News: Dulcie . Leimbach . Near the U.N., Assembling for Drinks . live . https://web.archive.org/web/20170516135014/http://www.nytimes.com/2013/09/22/nyregion/near-the-un-convening-for-drinks.html . May 16, 2017 . The New York Times . September 18, 2013.
  25. Web site: Donald Trump. TV.com. March 4, 2016. April 1, 2019. https://web.archive.org/web/20190401055533/http://www.tv.com/people/donald-trump/. dead.
  26. Web site: The Anachronistic Quality of the Word Skyscraper. bauzeitgeist. March 14, 2014. November 15, 2016. February 24, 2021. https://web.archive.org/web/20210224094914/http://bauzeitgeist.blogspot.com/2014/03/the-anachronistic-quality-of-word.html. live.