Trump Park Avenue facts for kids
Quick facts for kids Trump Park Avenue |
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Trump Park Avenue
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| Former names | Viceroy Hotel, Cromwell Arms, Hotel Delmonico |
| General information | |
| Address | 502 Park Avenue Manhattan |
| Town or city | New York City, New York |
| Country | United States |
| Coordinates | 40°45′47″N 73°58′11″W / 40.7631763°N 73.9698578°W |
| Technical details | |
| Floor count | 32 |
| Design and construction | |
| Architect | Goldner and Goldner |
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, designed by Goldner and Goldner, contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.
Trump Park Avenue was built in 1929 as a skyscraper hotel. The building was originally the Viceroy Hotel but was renamed as the Cromwell Arms and as the Hotel Delmonico. In 1929, it was purchased by New York investor Benjamin Winter, Sr.
On Friday August 28, 1964, Bob Dylan met The Beatles and Brian Epstein for the first time in their suite on the sixth floor. 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.
The building was converted into apartments in 1974. In 1977, Christie’s leased the Hotel Delmonico’s grand ballroom on the second floor as its first international auction house. 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.
From 1976 to the early 1990s, the current New York Sports Clubs ground floor location was home to Regine's, a restaurant lounge where many celebrities would pregame before going to Studio 54. Andy Warhol was a regular. The building is also home to many of New York's finest established businesses, including Scully & Scully, that has occupied a storefront in the building since 1934.
In 2011, Trump allegedly increased the rent of an apartment to $100,000 per month in order to keep Arianna Huffington out of the building.
In 2019 the Trump Organization sued Prince Faisal bin Abdul Majeed al-Saud for $1.8 million in back rent.
