Gramercy Park Hotel

50 Gramercy Park North, between Park Avenue South & Lexington Avenue   |    Gramercy Park

Gramercy Park Hotel - 50 Gramercy Park North
  • Condop
  • Built in 1924
  • 23 Apartments
  • 17 Floors
89

Gramercy Park Hotel, 50 Gramercy Park North has received a CityRealty Rating of 89, based on:

Rating Summary

25
Out of 44
+
29
Out of 36
+
25
Out of 39
+
10
=
89
Out of 119
 
See full ratings of this building
$2,493 Avg. Price / Ft2
View all for sale
  • Size Starting From

Nearby Subway Stations

  1. M
    M
    • 23rd Street (at 6th Ave) (0.46 miles)
     
  2. F
    F
    • 23rd Street (at 6th Ave) (0.46 miles)
     
  3. N
    N
    • 23rd Street (at Broadway) (0.26 miles)
     
  4. Q
    Q
    • Union Square (at Broadway and 16th) (0.30 miles)
     
  5. R
    R
    • 23rd Street (at Broadway) (0.26 miles)
     
  6. 4
    4
    • Union Square (at Broadway and 16th) (0.30 miles)
     
  7. 5
    5
    • Union Square (at Broadway and 16th) (0.30 miles)
     
  8. 6
    6
    • 23rd Street (at Park Ave) (0.10 miles)
     
  9. L
    L
    • Union Square (at Broadway and 16th) (0.30 miles)
     

Overview

In late 2004, numerous older hotel properties in the city in prime locations began to be converted to luxury condominium apartments to take advantage of a very, very strong market for such units.

Some of these projects involved total conversion such as the former Intercontinental Hotels on Central Park South and on Lexington Avenue at 48th Street and the former Stanhope Hotel on Fifth Avenue at 81st Street; others involved partial conversions such as this property and the Plaza and St. Regis Hotels on Fifth Avenue; and demolition, such as the Mayflower Hotel, whose lot is now occupied by 15 Central Park West.

This property was erected by Bing & Bing as the Gramercy Park Hotel at 2 Lexington Avenue in 1925 and was designed by Robert T. Lyons.

It replaced a house belonging to Stanford White, the famous architect that had replaced a house in which Edith Wharton, the novelist, was born. In 1930, Thompson & Churchill designed an expansion along 21st Street.

Overlooking Gramercy Park, which is private and locked and open only to residents of buildings facing it, the property has an interesting history as the residence of famous writers such as S. J. Perelman, Edmund Wilson and Mary McCarthy, and as the site of Humphrey Bogart's wedding in 1926 and of a several-month-stay shortly after it opened by Joseph P. Kennedy and his family including the 11-year-old John F. Kennedy, Jr. Babe Ruth often drank at the hotel's bar.

The developers of this project are Ian...

Carter Horsley's Review
of Gramercy Park Hotel, 50 Gramercy Park North

Carter Horsley's Building Review
Read a Review of Gramercy Park Hotel, 50 Gramercy Park North byCarter Horsley

Features & Amenities

  • Attended Lobby
  • Concierge
  • FT Doorman
  • Post War
  • Basement Storage
  • Central AC
  • Roof Deck
  • Elevator
  • Business Center
  • Event Room
  • Lounge
  • Rooftop Terrace

Pros

  • Overlooks Gramercy Park
  • Includes key to Gramercy Park
  • Doorman
  • Concierge
  • Rooftop club
  • Extravagant hotel lobby
  • Fireplaces
  • High ceilings
  • Full service building
  • Few units

Cons

  • No balconies
  • Some nightlife noise from very popular hotel

Area Map

 

Gramercy Park Hotel, 50 Gramercy Park North Photo Gallery

Loading Currently Available Apartments For Sale

Famous Residents at Gramercy Park Hotel, 50 Gramercy Park North

 

Pricing Comparison of Similar Buildings

Gramercy Park Hotel 12 Month Sales Summary

View By Apartment Sizes 
Past 12 Months
 

Gramercy Park Hotel - 10 year Sales History

View Detailed Graph 
 

Loading Recent Closings Table

Gramercy Park Hotel, 50 Gramercy Park North Featured In