The Crown Building, at Fifth Avenue and 57th St.
It was built between 1920-22 by developer and philanthropist August Heckscher. The architecture firm was Warren & Wetmore, who designed several prominent New York buildings, including Grand Central Station.
Its French Renaissance facade is made of limestone, brick, and terracotta. In the 19802, 1,363 ounces of 23-karat gold leaf were added. It was one of the first buildings to meet the mandates of the 1916 zoning code, which required setbacks in tall buildings to allow light and air to reach the street.
In 1922, it towered over the wealthy mansions of 57th Street. Originally named the Heckscher Building, it was marketed as "The Tower of Trade." The gound floor featured shops and retail showrooms, with offices in the tower. Tenants included the publisher Alfred A. Knopf and Universal Pictures. The Museum of Modern Art held its first exhibition there.
Over the years, ownership changed hands. In 1981, Imelda Marcos, wife of the Phillipine Dictator, purchased the building behind a series of frontmen, including a Saudi Arabian arms dealer. It was renamed the Crown Building in 1983. Its ownership status was murky for many years after the Marcos regime collapsed. Today it continues to house luxury retailers on the ground floor, including Bulgari and Chanel, while the upper floors are the Aman New York hotel and luxury apartments.

No comments:
Post a Comment