Gramercy Place at 280 Park Avenue South is a distinctive 26 story, 259 unit condominium that rises above the historic New York Bank for Savings building from 1894. The original bank structure, designed by C.L.W. Eidlitz (architect of the famous Times Tower), was meticulously restored by preservation specialists Beyer Blinder Belle and now serves as an elegant marble lobby with soaring ceilings. The tower itself, designed by Philip Birnbaum & Associates, utilized air rights over the bank to create one of the city's most spectacular rear courtyards, with decorative walls and thoughtful landscaping that sets it apart from typical mid-block developments.
The building offers comprehensive luxury amenities including 24 hour doorman and concierge services, a rooftop health club with pool and jacuzzi, sauna and steam rooms, and recently renovated north and south roof decks with 360 degree city views. Recent multi-million dollar improvements include new backup generators, updated boilers, and completely renovated outdoor spaces with grilling areas and lounge furniture. Additional conveniences include bike storage, private storage cages, a children's playground, and in-building laundry facilities.
Apartments throughout the building feature quality finishes including hardwood floors, custom millwork, and windowed kitchens with high-end appliances. Many units boast southern exposures with unobstructed views extending to the World Trade Center, while corner units on higher floors offer particularly dramatic panoramic vistas. The building's efficient layouts range from studios to rare two bedroom units, with some featuring custom California Closet systems, in-unit washer/dryer capability, and thoughtful storage solutions.
The location places residents at the intersection of three of Manhattan's most desirable neighborhoods - Gramercy Park, Flatiron, and Union Square. The building sits directly above the 6 train station with N/R/W lines nearby, and is surrounded by acclaimed restaurants including Gramercy Tavern, Union Square Café, and Eleven Madison Park. Madison Square Park, Union Square Greenmarket, Eataly, and Whole Foods are all within easy walking distance.
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