History
740 Park Avenue was constructed in 1929. It was designed by Rosario Candela and Arthur Loomis Harmon, the design partner of Shreve, Lamb and Harmon. It was built by James T. Lee, grandfather of Jacqueline Kennedy Onassis. The building has 31 units, many being duplexes, with the highest ceilings on Park Avenue. Units often feature formal dining rooms, libraries, living rooms of 40 by 23 feet and spacious entrance halls known as "galleries." The building has an understated Art Deco limestone exterior.
Units in the building have regularly sold for some of the highest prices in New York City. In 2000, Stephen Schwarzman purchased Saul Steinberg's apartment for "slightly above or below $30 million," which was reportedly the highest price ever paid on Park Avenue. The apartment was previously owned by John D. Rockefeller, Jr., who moved to the building in 1937.
Life in the building is amusingly described in the New York Social Diary. In 2005, author Michael Gross published a detailed book on the building and its history, 740 Park: The Story of the World's Richest Apartment Building. According to Gross, builder Lee's daughter Janet Lee Bouvier and son-in-law Jack Bouvier took the final open lease (according to one account, for free), and their daughter Jacqueline Kennedy Onassis grew up there.
Read more about this topic: 740 Park Avenue
Famous quotes containing the word history:
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,when did burdock and plantain sprout first?”
—Henry David Thoreau (18171862)
“The myth of independence from the mother is abandoned in mid- life as women learn new routes around the motherboth the mother without and the mother within. A mid-life daughter may reengage with a mother or put new controls on care and set limits to love. But whatever she does, her childs history is never finished.”
—Terri Apter (20th century)
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (18741936)