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740 Park Avenue

740 Park Avenue is a luxury cooperative apartment building on the west side of Park Avenue between East 71st and 72nd Streets in the Lenox Hill neighborhood[1] of Manhattan, New York City, United States. It was described in Business Insider in 2011 as "a legendary address" that was "at one time considered (and still thought to be by some) the most luxurious and powerful residential building in New York City".[2] The "pre-war" building's side entrance address is 71 East 71st Street.[3]

"740 Park" redirects here. For the book by Michael Gross, see 740 Park: The Story of the World's Richest Apartment Building.

740 Park Avenue

Completed

Cooperative apartment building

Art Deco

740 Park Avenue

40°46′15″N 73°57′53″W / 40.7708°N 73.9647°W / 40.7708; -73.9647

1929

1930

78.03 m (256.0 ft)

19

Rosario Candela and Arthur Loomis Harmon

The 19-story building was designed in an Art Deco architectural style and consists of 31 units, including duplexes and triplexes.[2] The architectural height of the building is 256.0 feet (78.0 m).

 – former CEO of ITT Corporation

Rand Araskog

 – heiress to the Chrysler fortune

Thelma Chrysler Foy

 – heir to the Johnson & Johnson fortune, owner of the New York Jets and U.S. Ambassador to the United Kingdom.

Woody Johnson

and Julia Koch – businesspeople, co-owner and board member of Koch Industries, occupied an 18-room duplex on the fourth and fifth floors said to have been purchased in 2004 for $17 million[3]

David H. Koch

 - hedge fund manager, founder of Millennium Management purchased apartment 12/13D for $71.3 million in 2014 from the French Republic, which used it as its Consul’s residence

Israel Englander

William H. Harkness – Standard Oil heir, businessman and philanthropist, lived from 1933 to 1947 in 12/13D.

[3]

 – novelist

Jerzy Kosinski

 – chairman of Oaktree Capital Management

Howard Marks

 – hedge fund manager, son of late businessman Hermann Merkin[13]

J. Ezra Merkin

 – investment banker, film producer, and former Secretary of the Treasury of the United States[14]

Steven Mnuchin

 – childhood home[3]

Jacqueline Kennedy Onassis

 – businessman[15]

Ronald Perelman

 – businessman and philanthropist, lived from 1937 to 1960 in a 24-room, 12-bath duplex.[3]

John D. Rockefeller Jr.

 – late CEO of Time Warner

Steve Ross

 – Colombian businessman lived in the building from the 1980s until his death in 2011

Julio Mario Santo Domingo

 – CEO of the Blackstone Group; bought the former Rockefeller apartment for just over $35 million[3]

Stephen A. Schwarzman

Jonathan Sobel – former partner at , director of Hilltop Holdings Inc., and business associate of billionaire Gerald J. Ford[16][17]

Goldman Sachs

 – financier; owned the Rockefeller apartment until selling to Schwarzman.

Saul Steinberg

 – American socialite in the Gilded Age. Occupied two different units in the building.

Allene Tew

 – CEO of CIT Group, last chairman and CEO of Merrill Lynch[18]

John Thain

Applicants who have sought to purchase units in the building but have been refused include Barbra Streisand, Neil Sedaka and Russian billionaire Leonard Blavatnik.[2]

Alpern, Andrew. , Acanthus Press, 2001

The New York Apartment Houses of Rosario Candela and James Carpenter

. "Streetscapes: 740 Park Avenue; Repairs for a '29 Luxury Co-op", The New York Times (October 21, 1990)

Gray, Christopher

. "Where the Boldfaced Bunk", The New York Times (March 11, 2004)

Gross, Michael

Gross, Michael. , Broadway Books, 2005

740 Park: The Story of the World's Richest Apartment Building

Horsley, Carter B. in The Upper East Side Book – gives references to articles about Candela's design for the building

"740 Park Avenue"

Notes


Bibliography

with near complete list of residents.

Michael Gross's "740Blog"

"The Root of All Evil and Home Sweet Home" (2005)

Curbed

Brick And Cornice: 740 Park Avenue