Carter's Review

This handsome, beige-brick apartment building, which occupies the Madison Avenue block between 87th and 88th Streets, was erected in 1927 and converted to a cooperative in 1953.   The 13-story building has 75 large apartments.   It has a step-up entrance that leads to an attractive, marble-lined vestibule that leads to a step-up lobby. The building has a doorman and the building has a one-story, rusticated limestone base, attractive window surrounds and quoins on the second floor, sidewalk landscaping and a small cornice. It has no garage and no health club and permits protruding air-conditioners.   Its entrance is across the street from the very handsome glazed terracotta apartment building at 12 East 87th Street, which is one building away from a very pleasant garden that belongs to Liederkranz Hall, a club that was formerly a Phipps family mansion designed by Grosvenor Atterbury. The northeast corner of 87th Street and Fifth Avenue had been the site of a very large and impressive mansion with gardens behind a balustraded limestone fence that had also belonged to the Phipps family and was eventually replaced by the handsome apartment building at 1060 Fifth Avenue.   This is a very quiet block in the heart of the Carnegie Hill neighborhood, which is named after Andrew Carnegie, the steel magnate, who was also a partner with Henry Phipps. Carnegie's mansion still stands, with its large fenced garden, on Fifth Avenue between 90th and 91st Streets.   A supermarket is nearby on Madison Avenue, which also has numerous nice boutiques and restaurants. There is excellent cross-town bus service on 86th Street and many important cultural institutions and many leading private schools in the vicinity.