Significance
The building is a contributing property to the Central Park West Historic District, which was added to the National Register of Historic Places on November 9, 1982. The property is also a contributing property to the New York City's Upper West Side/Central Park West local historic district. The entire area along Central Park West is considered one of New York City's finest residential neighborhoods. Benjamin Schwarz, writing for the Atlantic Monthly said of the buildings along Central Park West, "no endeavor on earth is more arduous than getting into one of these buildings." He specifically cited the "details of Donna Karan's deal for her digs at 55 Central Park West."
The building also holds significance in American popular culture because scenes from the 1984 film Ghostbusters were shot there. In the film, the building is said to have been designed by an insane architect named Ivo Shandor, who started a secret society which performed rituals on the building's roof as early as 1920. The building, however, was not built until 1929. Since the movie used the building in 1984 it has been known as the "Ghostbusters Building," though it was portrayed as much taller in the film. Well known residents of the building have included Calvin Klein, Donna Karan, Ring Lardner, Jr. and Marsha Mason.
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