Trump Park Avenue is a residential building on the southern border of Lenox Hill at 502 Park Avenue in Manhattan, New York City. The 32-story building was designed by Goldner and Goldner in 1929. It now contains 120 luxury condominium apartments and 8 penthouses converted by real estate developer Donald Trump.
The structure was built as a skyscraper hotel. In its first year of operation it went through three names: the Viceroy Hotel, then the Cromwell Arms after James H. R. Cromwell purchased the building, before finally settling on the Hotel Delmonico after the famed 100 year old Delmonico's Restaurant relocated to the hotel. It was purchased in 1929 by New York investor Benjamin Winter, Sr.[1]
On August 28, 1964, Bob Dylan met The Beatles and Brian Epstein for the first time in their suite on the sixth floor where he introduced them to cannabis. 200,000 incoming calls were received by the hotel switchboard during their two-day stay. Fans stood eight-deep outside, held back by barricades, and the lobby and corridors were patrolled by police officers.[2][3][4]
The building was converted into apartments in 1974.[5] In 1977, Christie’s leased the Hotel Delmonico’s grand ballroom on the second floor as its first international auction house.[6] In 1990, real estate investor Sarah Korein converted it back to a hotel.[5] Trump purchased the hotel from Korein's estate in 2001 for $115 million and hired architect Costas Kondylis to renovate it.[7][5][8] The hotel was subsequently renamed Trump Park Avenue.
From 1976 to the early 1990s, the current New York Sports Club’s ground floor location was home to Regine's, a restaurant lounge where many celebrities would meet before going to Studio 54. Andy Warhol was a regular.[9] The building is also home to several businesses, including Scully & Scully, which has occupied a storefront in the building since 1934.[10][11]