Where is the Olympic Tower located in Manhattan?
The Olympic Tower stands at 641 and 645 Fifth Avenue in Midtown Manhattan. The L-shaped lot covers approximately 20,000 square feet with a frontage of 75 feet on Fifth Avenue.
Short answers, pulled from the story.
The Olympic Tower stands at 641 and 645 Fifth Avenue in Midtown Manhattan. The L-shaped lot covers approximately 20,000 square feet with a frontage of 75 feet on Fifth Avenue.
Skidmore Owings and Merrill designed the 51-story tower in the International Style. Whitson Overcash served as the partner in charge while Paul Baren managed the project and Tishman Realty & Construction handled the physical build.
Olympic Tower formally dedicated on the 6th of September 1974 with more than 70 percent of commercial space already leased and 24 apartments sold. The total construction cost reached $95 million during this period.
Aristotle Onassis took an apartment for himself when the building opened while fashion designer Halston occupied the entire 21st floor until 1984. Billionaire Adnan Khashoggi owned a penthouse duplex from 1976 to 1993 that featured its own swimming pool and five bedrooms.
In May 2012 Alexander S. Onassis Public Benefit Foundation sold a 49.9 percent stake in the commercial portion to Crown Acquisitions for $420 million. Oxford Properties acquired a majority interest during the same transaction when Crown purchased remaining ownership interests for $652 million in May 2015.