Work continues to progress on the hotel and residential conversion of the 100-year-old Crown Building at 730 Fifth Avenue in Midtown into the Aman New York. Designed by Jean-Michel Gathy and developed by OKO Group, the project involves the construction of a low-rise annex and the restoration and repurposing of the original 26-story structure, which was designed by Warren and Wetmore and served as the first home of the Museum of Modern Art. The property is located at the corner of Fifth Avenue and West 57th Street.
Work is continuing to progress on the Aman New York, a residential and hotel conversion of the 100-year-old Crown Building at 730 Fifth Avenue in Midtown. Originally designed by Warren and Wetmore, the 26-story structure once served as the first home of the Museum of Modern Art in the early 20th century. Now the building, which is located at the intersection of Fifth Avenue and West 57th Street, is getting a new life as a hotel and condominium property designed by Jean-Michel Gathy and developed by OKO Group.
Work is progressing on the addition and partial residential conversion of the 99-year old Crown Building at 730 Fifth Avenue. Originally designed by Warren and Wetmore, the 26-story structure has a rich history that includes serving as the original home of the Museum of Modern Art. The current transformation into Aman New York, a mixed-use hotel and residential property, is designed by Jean-Michel Gathy and is being developed by OKO Group. Renderings released last fall reveal the interiors of the building, which will house the Aman hotel from floors four through 24. The 22 condominiums are planned to span 95,000 square feet, for an average of more than 4,300 square feet apiece. Douglas Elliman Development Marketing is handling sales of the 22 condominiums.
OKO Group has released renderings of its partial conversion of the Crown Building at the corner of Fifth Avenue and 57th Street, which is well underway with lofted scaffolding and a hoist structure fully operational above street level. As announced earlier this year, the property will debut as Aman New York, featuring residences and a hotel spanning the building’s fourth through 24th floors.
Last year, Michael Shvo and Russian billionaire Vladislav Doronin agreed to pay $500 million for 20 floors of the Crown Building at 730 Fifth Avenue, on the corner of 57th Street. Now Shvo has filed plans to convert most of the 26-story office building into condominiums and a hotel.