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Drake Hotel (New York City)

Buildings and structures demolished in 2007Defunct hotels in ManhattanDemolished buildings and structures in ManhattanDemolished hotels in New York CityFormer skyscrapers
Hotel buildings completed in 1926Midtown ManhattanPark AvenueSkyscraper hotels in ManhattanUse mdy dates from August 2019
Drake Hotel (1251914031)
Drake Hotel (1251914031)

The Drake Hotel was a hotel at 440 Park Avenue and 56th Street, in Midtown Manhattan, New York City. Built in 1926 by Bing & Bing, it contained 495 rooms across 21 floors. It was sold in 2006 and demolished to make way for a residential skyscraper called 432 Park Avenue.

Excerpt from the Wikipedia article Drake Hotel (New York City) (License: CC BY-SA 3.0, Authors, Images).

Drake Hotel (New York City)
East 56th Street, New York Manhattan

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Geographical coordinates (GPS)

Latitude Longitude
N 40.761111111111 ° E -73.971388888889 °
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Address

East 56th Street 82
10022 New York, Manhattan
New York, United States
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Drake Hotel (1251914031)
Drake Hotel (1251914031)
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432 Park Avenue
432 Park Avenue

432 Park Avenue is a residential skyscraper at 57th Street and Park Avenue in Midtown Manhattan in New York City, overlooking Central Park. The 1,396-foot-tall (425.5 m) tower was developed by CIM Group and Harry B. Macklowe and designed by Rafael Viñoly. A part of Billionaires' Row, 432 Park Avenue has some of the most expensive residences in the city, with the median unit selling for tens of millions of dollars. At the time of its completion, 432 Park Avenue was the third-tallest building in the United States and the tallest residential building in the world. As of 2022, it is the sixth-tallest building in the United States, the fifth-tallest building in New York City, and the third-tallest residential building in the world. 432 Park Avenue has 84 numbered stories and a mezzanine above ground. The tower's exterior is a lattice of poured-in-place concrete made from white Portland cement. The tower is segmented into 12-story blocks separated by open double-story mechanical spaces that allow wind gusts to pass through the building. It features 125 condominiums and amenities such as a private restaurant for residents. The skyscraper has received mixed reviews from both professionals and the public, with commentary about both its slenderness and its symbolism as a residence for the ultra-wealthy. 432 Park Avenue is located on the site of the former Drake Hotel, which was sold to Macklowe in 2006. The project faced delays for five years because of lack of financing as well as difficulties in acquiring the properties on the site. Construction plans were approved for 432 Park Avenue in 2011 and excavations began the next year. Sales within 432 Park Avenue were launched in 2013; the building topped out during October 2014 and was officially completed in 2015. After the building's completion, residents complained of mechanical and structural problems, leading to a lawsuit in late 2021.

590 Madison Avenue

590 Madison Avenue, also known as the IBM Building, is a skyscraper at 57th Street and Madison Avenue in the Midtown Manhattan neighborhood of New York City. Designed by Edward Larrabee Barnes and Associates the 41-story, 603-foot (184 m)-tall tower was developed for the technology company IBM and built from 1978 to 1983. The building is shaped like an irregular pentagon, with a chamfer cutting diagonally across what would typically be the southwest corner of a rectangular slab. The facade is made of gray-green glass and polished granite, which Barnes intended would give the building the appearance of a prism. The northeast corner of the tower is cantilevered over the main entrance, and there are no setbacks throughout the building's height. Adjacent to 590 Madison Avenue's southwest corner is a privately owned public space covered by a glass structure, which contains chairs, tables, and bamboo trees. From 1938 to 1964, IBM was headquartered at one of the previous structures on the site. Despite relocating its headquarters to a suburb of New York City, IBM retained office space at multiple locations in the city and proposed the current skyscraper to consolidate some of its operations. IBM owned the tower until May 1994, when it sold the building to Edward J. Minskoff and Odyssey Partners. Until the sale, IBM occupied most of the building's space; the firm continues to maintain offices in the building, though most space has been leased to other tenants.