1049 Fifth Avenue CLOSE 
Incredibly, the Manhattan Borough President’s office created this address to the delight of the developers, Jack C. Heller and Duncan Macaulay.
This condominium apartment building is a renovation of the former Adams Hotel, whose address had been 2 East 86th Street.
The building is adjacent to the very handsome and large mansion designed by Carrère & Hastings in 1914 at 1048 Fifth Avenue that was originally the William Starr Miller residence. It was then the residence of Mrs. Cornelius Vanderbilt and then the Yivo Institute for Jewish Research and is now the Neue Galleries, founded by Serge Sabarsky and Ronald Lauder and specializing in German Expressionist art.
The conversion of this property was completed in 1992 and was major. The 23-story building has only 54 apartments, only 4 of which are smaller than two-bedrooms.
The building was given an elegant new entrance and redesign of its lower façade while some nice gargoyles were kept higher on the façade.
The building has several terraces and its western façade was significantly altered to provide picture windows for views of Central Park over 1048 Fifth Avenue.
Although this building does not have a health club and pool, or a garage, it does have elevator operators and refrigerator storage for deliveries, storage room, bicycle room, individual room climate control, laundry facilities within the apartments and some fireplaces.
It has an extremely handsome circular lobby that is paneled in dark wood.
Costas Kondylis Architects designed the conversion.
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