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Oriana at River Tower, 420 East 54th Street

Between First Avenue & Sutton Place   |    Beekman/Sutton Place

Green Oak Real Estate Oriana Leasing Office
420 East 54th Street
(646) 585-XXXX

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Key Details

  • No Fee Rental
  • Built in 1982
  • 395 Apartments
  • 39 Floors

Overview

This giant, trapezoidal, through-block, apartment tower at 420 East 54th Street radically departs from the city's regimented building alignment with its rectilinear midtown grid.

Developed by Harry B. Macklowe, this 38-story, mid-block building was erected in 1982 and was designed by Schuman Lichtenstein Claman & Efron with Rudolph de Harak.

It has 311 rental apartments.

Gachot Studio is the interior designer.

It was subsequently acquired in 2010 by Equity Residential, which is headed by Sam Zell, along with 777 Sixth Avenue and Longacre House Apartments at 305 West 50th Street for $475 million.

HHIn 2015, Equity Residential sold this building the Slate Property Group, which is headed by Martin Nussbaum and David Schwartz, and Greenoak Real Estate for $390 million.  Slate has often partnered with Adam America Real Estate.  Greenoak partnered with Capstone Equities in 2015 to acquire the former Playboy Club building across from the GM Building on East 60th Street.  A February 4, 2016 article by Konrad Putzier at therealdeal.com noted that Slate and Greenoak secured a $248.6 million loan from Blackstone Real Estate Debt Strategies to finance the acquisition.

Slate and Greenoak renamed the tower Oriana.  It had been known as RiverTower.

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Apts For rent at 420 East 54th Street (8)

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Nearby Subway Stations

  1. M
  2. 6
  3. E
at Lexington Ave and 53rd 0.32 miles

Carter Horsley's Review

Oriana at River Tower, 420 East 54th Street Carter Horsley's Building Review
"This giant, trapezoidal, through-block, apartment tower at 420 East 54th Street radically departs from the city's regimented building alignment with its rectilinear midtown grid." Read Carter's Full Review

The pros & cons

Pros
  • Health club
  • Bicycle room
  • Doorman
  • Porte-corchere
  • Dog wash room
  • Some bay windows
  • Garage
  • Concierge
  • Roof deck with outdoor kitchen
Cons
  • Many apartments
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Oriana at River Tower, 420 East 54th Street Aerial Imagery

 

Building Managed By Green Oak Real Estate

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Oriana at River Tower, 420 East 54th Street Alternate Addresses

  • RiverTower
  • Oriana
  • River Tower

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In the Neighborhood: What’s Available

Not enough data available to generate chart.
  • 38 Available for Rent
  • $86 Avg. Price / Ft2
  • $5,286 Avg. Price
  • $4,175 Median Price
  1. Most Expensive The Sutton Collection Apt PHAF | $14,000
    Price / ft2 $132
  2. Least Expensive The Sutton Collection Apt 2G | $2,575

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Green Oak Real Estate Oriana Leasing Office
420 East 54th Street
(646) 585-XXXX
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