The Penny Lane CLOSE 
This beige-brick apartment building is distinguished for its dark green entrance surround that leads to a large, cute, red-brick lobby that is designed to resemble a London Street that was the subject of a famous popular song, "Penny Lane." Part of the lobby is up several steps and has "streetfronts" and lampposts.
The building is only 7 stories tall but quite long and has 179 apartments. It was built in 1977 and converted to a cooperative in 1988.
It is notable for having several paddle-tennis courts on its roof.
The building has a doorman, many balconies and very tall windows and discrete air-conditioners. It has no sidewalk landscaping but 10 large lanterns attached to the side of the building, which is across the street from some rather plain low-rise apartment buildings.
This location is not far from the charming Gramercy Park and Flatiron Districts with their many impressive restaurants and stores and a new Baruch College building between Lexington and Third Avenue is a very unusual and dramatic structure with a curved form and a bright metal top.
There is good public transportation in this neighborhood.
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