907 Fifth Avenue

907 Fifth Avenue
Location within New York City
General information
Status Complete
Type Residential
Architectural style Italian Renaissance
Location Fifth Avenue and 72nd Street
Country United States
Coordinates 40°46′19.5″N 73°58′01″W / 40.772083°N 73.96694°W / 40.772083; -73.96694Coordinates: 40°46′19.5″N 73°58′01″W / 40.772083°N 73.96694°W / 40.772083; -73.96694
Current tenants 44 units
Completed 1915
Technical details
Floor count 12
Design and construction
Architect J. E. R. Carpenter

907 Fifth Avenue is a luxury residential housing cooperative in Manhattan, New York City, United States.

Overview

The twelve-story, limestone-faced building is located at Fifth Avenue and 72nd Street on a site once occupied by the 1893 residence of James A. Burden, which had been designed by R. H. Robertson. The apartment block, built in 1916, was the first apartment building to replace a private mansion on Fifth Avenue above 59th Street. It was converted to a cooperative in 1955.[1] J. E. R. Carpenter was the architect; he would be called upon to design many of the luxury apartment buildings that gave a new scale to Fifth Avenue in the 'teens and twenties of the 20th century.[2] The building won him the 1916 gold medal of the American Institute of Architects.[3]

The building has the aspect of an Italian Renaissance palazzo, built around a central court. Its first four floors are lightly rusticated; deep quoins carry the rusticated feature up the corners to the boldly projecting top cornice. A strong secondary cornice above the fourth floor once made a conciliatory nod to the cornice lines of the private houses that flanked it, whose owners had fought its construction in court.[4] When it opened, there were two twelve-room apartments on most floors.[5]

Notable residents

  • Herbert L. Pratt, a Standard Oil Company vice-president rented the largest apartment in the building, starting in 1916, at a rent of $30,000 a year, which occupied the entire top floor, with 25 rooms[6]
  • Huguette M. Clark, the reclusive heiress, owned all of the eighth floor and half of the 12th.[7]
  • Boaz Weinstein, the hedge fund manager and founder of Saba Capital Management, bought Clark's twelfth floor apartment, 12W, for $25.5 million in 2012.[8]
  • Frederick Iseman, financier, bought Clark's former apartment #8W in November 2012 for $22.5 million[9]
  • David Luski, president and chief executive officer at DRA Advisors LLC, bought Clark's final former apartment #8E in October 2013 for $6.8 million.[10]

References

  1. ↑ Carter B. Horsley, 907 Fifth Avenue, The Upper East Side Book
  2. ↑ Christopher Gray, "J. E. R. Carpenter, The Architect Who Shaped Upper Fifth Avenue", New York Times, August 26, 2007
  3. ↑ D. Fitzgerald, Window on the Park: New York's Most Prestigious Properties on Central Park :57.
  4. ↑ City Realty: 907 Fifth Avenue
  5. ↑ Carter B. Horsley, 907 Fifth Avenue, The Upper East Side Book
  6. ↑ City Realty: 907 Fifth Avenue
  7. ↑ "{title}". Archived from the original on 2012-03-10. Retrieved 2012-03-09.
  8. ↑ Finn, Robin (July 20, 2012). "Big Ticket - Sold for $25.5 Million". The New York Times. Retrieved 28 January 2016.
  9. ↑ Dailey, Jessica (November 26, 2012). "$22.5M Sale of Huguette Clark's Partial Combo Approved". Curbed. Retrieved 28 January 2016.
  10. ↑ Budin, Jeremiah (October 17, 2013). "Last Sliver of Huguette Clark Estate Sells for $6.8 Million". Curbed. Retrieved 28 January 2016.
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