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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.
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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2011 photos: Equipment this year: I mostly used the Fuji S100fs camera as well as two Nikon models -- the D90 and the new D7000. Mostly a toy, I also purchased a Fuji Real 3-D W3 camera, to try out 3-D photographs. I found it interesting although I don't see any real use for 3-D stills now. Given that many of the photos from the 1860s were in 3-D (including some of the more famous Civil War shots), it's odd to see it coming back.
Trips this year: Savannah, GA in March to cover a Civil War Trust conference. New Jersey over Memorial Day for my birthday -- people never seem to visit New Jersey -- it's always just a pit stop on the way to New York. I thought I might as well spend a few days there. Despite some nice places, it still ended up a pit stop for me -- New York City was infinitely more interesting. I did my annual pilgrimage to the San Diego Comic-Con in July, adding a few days in Las Vegas, Los Angeles, and San Francisco. Chattanooga, TN to cover the Civil War Trust's Grand Review conference.
Ego strokes: Author photos that I took were used on two book jackets this year: Jason Emerson's book "The Dark Days of Abraham Lincoln's Widow As Revealed by Her Own Letters" and Dennis L. Noble's "The U.S. Coast Guard's War on Human Smuggling." I also had a photo of Jason Stelter published in the Washington Examiner and a picture of Miss DC, Ashley Boalch, published in the Washington Post.
Number of photos taken this year: just over 390,000.