BGuthrie Photos: NY -- NYC -- Crown Building (730 Fifth Avenue)

NY -- NYC -- Crown Building (730 Fifth Avenue):

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Copyrights: All pictures were taken by amateur photographer Bruce Guthrie (me!) who retains copyright on them. Free for non-commercial use with attribution. See the [Creative Commons] definition of what this means. "Photos (c) Bruce Guthrie" is fine for attribution. (Commercial use folks including AI scrapers can of course contact me.) Feel free to use in publications and pages with attribution but you don't have permission to sell the photos themselves. A free copy of any printed publication using any photographs is requested. Descriptive text, if any, is from a mixture of sources, quite frequently from signs at the location or from official web sites; copyrights, if any, are retained by their original owners.

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Wikipedia Description: Crown Building (New York)
From Wikipedia, the free encyclopedia

The Crown Building (formerly known as the Heckscher Building) is a mixed use property located at 57th Street and Fifth Avenue in New York City, one of the most expensive retail and office space locations in the United States. The property is an iconic fixture in Midtown Manhattan designed by Warren and Wetmore, architects of the Helmsley Building and Grand Central Terminal.

History

The Crown Building was originally known as the Heckscher Building, designed by architects Warren and Wetmore and completed in 1921. The building stands 26 stories (416 feet) high. The name was changed to the Crown Building in 1983, attributing its crown-like look when illuminated at night.

The building was purchased in 1981 by then Philippines President Ferdinand Marcos. Marcos used international companies to purchase the building secretly, also obtaining help from Ralpy and Joseph Bernstein as well as Adnan Khashoggi.

The Crown Building was the focus of various lawsuits after the fall of the Marcos regime. Numerous parties, including the Philippine government, claimed rights to it. Lawsuits claimed that Marcos entered into various agreements for the building or purchased it with money that was not his. The parties involved agreed to sell the building and split the proceeds in excess of the $89 million mortgage.

Bernard Spitzer acquired the building in 1991 for $95 million. His son and former Governor of New York Eliot Spitzer took over the property after his father's death in 2014. The building was scheduled for auction in late 2014, with Jeff Sutton and General Growth Properties stepping in prior to the auction to purchase the building. The cost was $1.75 billion and included both the 400,000 square-foot tower and 35,000 square feet of retail space on the ground floor of the building.

In 2015, the building was again acquired, this time by Michael Shvo in partnership with Vladislav Doronin. General Grow ...More...
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Same Subject: Click on this link to see coverage of items having the same subject: [Structures]
2003 photos: Equipment this year: I decided my Epson digital camera wasn't quite enough for what I wanted. Since I already had Compact Flash chips for it, I had to find another camera which used CF chips. That brought me to buy the Fujifilm S602 Zoom in March 2003. A great digital camera, I used it exclusively for an entire year. Trips this year: Three-week trip this year out west, mostly in Utah. Number of photos taken this year: 68,000.
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