Street of the Week: Park Avenue

Written By Serena Horrigan | April 21, 2015 | Published in Elegran Insider
800px waldorf astoria new york   park avenue entrance

Sunday’s episode of Mad Men saw Don Draper’s sprawling mid-century apartment at 783 Park Avenue up for sale. When Don purchased his ultra-modern penthouse off East 73rd Street, it was the benchmark of his success and wealth as a New York advertising executive.

Success, prestige and exclusivity have long been associated with Park Avenue, and the address is still considered by many as the embodiment of the American Dream.

Though the boulevard runs south to 14th Street and all the way north to the Bronx, it’s the residential swath that cuts through the Upper East Side that is synonymous with upper-class prestige, home to some of the country’s most expensive real estate, wealthiest residents, and world class hotels.

The Waldorf Astoria- Perhaps the most legendary five-star hotel in the world, the Waldorf Astoria is a stunning display of art-deco opulence, with sumptuous rooms evoking an extravagant English manor. The hotel spans an entire block between Park and Lexington Avenues in Midtown and is the gold standard for luxury hotel accommodations.

Superlative amenities include the Guerlain Spa, boutique shopping, guided tours of the hotel, 24-hour fitness center, and five star dining options. World renowned restaurants include Peacock Alley and the Bull and Bear Steakhouse. The Waldorf’s celebrated culinary inventions include red velvet cake, thousand island dressing, eggs benedict, and its namesake Waldorf salad. Not only is it the birthplace of these famous dishes, it also invented a new way to eat them; the Waldorf Astoria was the first hotel in the world to offer room service.

740 Park Avenue- Built by Jacqueline Kennedy Onassis’s grandfather in 1929, this exceedingly powerful and luxurious co-op is one of the most exclusive addresses in the world. It was the childhood home of Jackie O, and John D. Rockefeller Jr, business mogul Ron Perelman, mega-developer William Lie Zeckendorf and celebrity designer Vera Wang have all resided here. Only the highest echelon of applicants are considered for admission, and a minimum liquid net worth of $100 million is required. Even extreme wealth won’t necessarily get you approval from the ultra-elite co-op board. Barbra Streisand and Russian billionaire Leo Blavatnik are among the mega-rich rejected by this board. Once in, however, residents of 740 Park Avenue enjoy some of the most extravagant luxury in all the world.

The grand pre-war architecture was designed by famed Italian architect Rosario Candela, and his exquisite detailing and elegant flourishes are on display throughout the building. Circular stairways, dramatic arched doorways, marbled floors and fireplaces exemplify the lavish lifestyle afforded in these homes. Maids’ quarters, vast libraries and spacious chef’s kitchens abound. Oversized windows and terraces provide exceptional views of Central Park and the Midtown skyline. White-glove amenities provide residents the highest level of discretion, privacy and five-star service.

1155 Park Avenue- This prestigious 1915 prewar co-op is located just north of the UES in Carnegie Hill. The residences offer spacious elegance, with multiple exposures, gracious entry galleries, sun-filled libraries, beamed ceilings, intricate inlaid hardwood flooring and wood-burning fireplaces. Grand scale living and dining rooms provide ideal entertaining options. Eat-in kitchens have adjacent staff quarters with separate service entrances. Master suites have ample walk-in closet space and bathrooms feature double sinks and lavish soaking tubs.

1155 Park Avenue is a full-service, pet-friendly building with amenities including full-time doorman and concierge, private gym, library and ample storage.

Loews Regency Hotel- Since its opening in 1963 at 540 Park Avenue, Loews Regency New york has been synonymous with uptown sophistication. A recent $100 million renovation assures that it offers guests the most state-of-the-art technology and exemplary amenities in the height of sleek modern luxury. The elegant accommodations offer many spacious suites suitable for cocktail parties, receptions or intimate weddings. Guest rooms and suites feature clean modern design with ergonomic work spaces, walk-in showers, plush Frette bedding and top-of-the-line Julien Farel bath products. There is a 10,000 square foot spa and salon that caters to the power beauty set. Amenities include a 24-hour fitness center, free Wi-Fi throughout, concierge, dry cleaning, and valet. Among the dining options are a plush cocktail lounge, all day fine dining restaurant, Milanese cafe and newly renovated Regency Bar & Grill, where you can start your day with The Power Breakfast, an iconic New York institution conceived at the Regency in1975 that forever changed how New York does business.

700 Park Avenue- This post-war Lenox Hill condo offers regal elegance and sophistication. With only 48 units spread out over 21 floors, the layouts are luxuriously spacious, with some offering up to nine rooms. All the homes have private wood-burning fireplaces. Many residences feature formal dining rooms, built-in libraries, intricate moldings and top-of-the-line appliances. They offer abundant closet and storage space and in-house washer/dryers.

This full-service doorman building offers amenities such as a garden and courtyard, laundry room, and on-site parking.  


Elegran LLC may or may not be the exclusive listing agent of the properties being displayed on All data displayed on is presented for informational purposes only and should be independently confirmed by all customers. All Information is compiled from both public and private sources including, but not limited to the RLS, MLS and ACRIS; each of which is assumed to be reliable. All information displayed is subject to errors and omissions regarding apartment specifications and final sale prices, and further, any unit listed may have had its listing withdrawn without notice subsequent to such information being compiled. No representation is made as to the accuracy of any description (ie: listing, close sale data, and/or building description) of any building or individual unit. All measurements and square footage are approximate and all information herein should be confirmed by customer and/or their attorney. Elegran LLC, its members, affiliates, and contributors adhere to New Your City, New York State, and United States Fair Housing Laws.