| 1067 Fifth Avenue | |
|---|---|
![]() Interactive map of 1067 Fifth Avenue | |
| General information | |
| Type | Residential |
| Architectural style | Châteauesque |
| Location | Upper East Side,Manhattan,New York City,U.S. |
| Coordinates | 40°46′57″N73°57′34″W / 40.78250°N 73.95944°W /40.78250; -73.95944 |
| Completed | 1917 |
| Technical details | |
| Floor count | 12 |
| Design and construction | |
| Architecture firm | C. P. H. Gilbert |
1067 Fifth Avenue is a luxury cooperative located onFifth Avenue betweenEast 87th and88th Streets on theUpper East Side ofManhattan inNew York City.
The 50-by-100-foot (15 by 30 m), 12-story building was designed in theChâteauesque style byC. P. H. Gilbert and completed in 1917, becoming only the second luxury residential building to be erected on Fifth Avenue (afterMcKim, Mead & White's998 Fifth Avenue, which was completed in 1912). It was built by the 1067 Fifth Avenue Company, who obtained a $500,000 mortgage from Hanover Mortgage Company in 1915.[1] The building is the Upper East Side's only example of the Châteauesque style applied to a high-rise.[2] At the time of its construction, it was flanked by private homes, including one that belonged toHenry Phipps Jr.,[3] who had "declined to buy the empty land to the north".[4]
It retains its original façade, characterized byFrench Gothic details around the windows and on theroofline and elaborate carved stone ornamentation including dragons and dolphins. The building has 12 floors with 13 apartments, each overlookingCentral Park.[5]
In 1940, theBowery Savings Bank foreclosed on the property and acquired the building at a foreclosure auction, bidding $180,000. At the time, the 1067 Fifth Avenue Company, Inc. owed the bank $283,502 for the mortgage, as well as $15,000 in taxes and other liens.[6] In 1947, the owner obtained reductions in assessed valuations amounting to $205,000 for 1944–45, 1945–46, and 1946–47 following an order from JudgeBenjamin F. Schreiber.[7] In 1955, the entire building was sold by William F. Chatlos to an investor.[8]