Status Complete Floor count 21 Architect Charles Gwathmey | Type Mixed use Floors 21 | |
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Similar Bay Lake Tower, 1585 Broadway, Trump World Tower | ||
Astor Place Tower is a 21-story residential building located on Astor Place in Manhattan. The building was developed by The Related Companies and designed by architect Charles Gwathmey. The building was panned by architectural critics as a symbol of gentrification, and sales of the building's condos were slow.
History and development
The triangular site on which the tower was built was formerly a parking lot. Originally, a building developed by both Ian Schrager and Related, to be designed by either Rem Koolhaas or Frank Gehry, was planned for the location. Cooper Union, the owner of the parking lot, leased the land to the developers for 99 years.
The original plan called for a hotel with approximately 100 rooms, and the terms of the lease from Cooper Union stipulated that the building be an "original artistic invention". The hotel was also to include a movie theater; completion of the building was expected in 2002. Ultimately, the hotel was not built, and instead, a luxury residential building designed by Gwathmey was constructed. There is a retail base which includes a Chase bank branch.