In 1937, one of the first well-known residents was John D. It was not until the 1980s that the building's apartments sold for incredibly high prices. Even though the New York elite had moved in, the building had failed financially by 1933. The building was officially opened in October 1930, a year after the Great Depression began, and the poor timing was devastating. Lee, the grandfather of Jacqueline Kennedy Onassis – who lived there as a child as Jacqueline Bouvier – and was designed by Rosario Candela and Arthur Loomis Harmon Harmon became a partner of the newly named Shreve, Lamb and Harmon during the year of construction. The building was constructed in 1929 by James T. The three-storey penthouse at 740 Park Avenue The architectural height of the building is 256.0 feet (78.0 m). The 19-story building was designed in an Art Deco architectural style and consists of 31 units, including duplexes and triplexes. The "pre-war" building's side entrance address is 71 East 71st Street. It was described in Business Insider in 2011 as "a legendary address" that was "at one time considered (and still thought to be by some) the most luxurious and powerful residential building in New York City". Coordinates: 40☄6′15″N 73★7′53″W / 40.7708°N 73.9647°W / 40.7708 -73.9647ħ40 Park Avenue is a luxury cooperative apartment building on the west side of Park Avenue between East 71st and 72nd Streets in the Lenox Hill neighborhood of Manhattan, New York City.
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