This 15-story, white-brick apartment house was erected as a cooperative in 1959 and has 92 apartments. With a prime location that is very convenient to the midtown office and shopping districts and public transportation, this building is on the same avenue block as the spectacular Ritz Tower apartment building on the northeast corner of 57th Street. According to James Trager, the author of "Park Avenue, Street of Dreams," (Atheneum, 1990), William Randolph Hearst once owned this site and the Aluminum Company of America contemplated erecting a 30-story New York headquarters on it. Because of difficulties relocating some tenants, however, that deal fell though and it was eventually acquired by Henry Goelet, Mr. Trager, wrote, who commissioned Charles N. and Selig Whinston to design the present building, one of the plainest on the avenue. The building has a very broad canopied entrance, consistent fenestration and discrete air-conditioners.