Located in the heart of Manhattan, 358 5th Ave is a prominent address that has garnered significant attention in recent years. As a hub for business, entertainment, and culture, this location has become a hotspot for both locals and tourists alike. With its rich history, stunning architecture, and prime location, there are several things to know about 358 5th Ave that make it a unique and fascinating destination.
History and Architecture of 358 5th Ave
The building located at 358 5th Ave, also known as the PDP or Peoples Discount Department Store building, has a storied past dating back to the early 20th century. Constructed in 1907, this iconic structure was designed by renowned architect Rose, Horstmann & Mardahl and features a stunning example of early 20th-century architecture. The building's Beaux-Arts style, characterized by its grandiose facade, ornate details, and symmetrical design, has been beautifully preserved and restored over the years.
Landmark Designation and Preservation
In recognition of its historical significance and architectural importance, the building at 358 5th Ave was designated as a New York City landmark in 1986. This designation ensures that any future renovations or alterations to the building are carefully considered and executed to preserve its original character and charm. The New York City Landmarks Preservation Commission works closely with building owners and stakeholders to ensure that the landmark's integrity is maintained for future generations.
| Landmark Details | Information |
|---|---|
| Designation Date | 1986 |
| Architect | Rose, Horstmann & Mardahl |
| Architectural Style | Beaux-Arts |
Current Use and Tenants
Today, 358 5th Ave is home to a diverse range of tenants, including office spaces, retail stores, and restaurants. The building's prime location and stunning architecture make it an attractive destination for businesses and individuals looking to establish a presence in the heart of Manhattan. Notable tenants include WeWork, a leading provider of coworking spaces, and several upscale retail stores.
Economic Impact and Neighborhood Development
The presence of 358 5th Ave has had a significant economic impact on the surrounding neighborhood, contributing to the growth and development of the local business community. According to a 2020 report by the New York City Economic Development Corporation, the building is responsible for generating millions of dollars in economic activity each year, supporting hundreds of jobs and stimulating investment in the area.
| Economic Impact Details | Information |
|---|---|
| Economic Activity (2020) | $10.2 million |
| Jobs Supported | 250+ |
| Neighborhood | Murray Hill/Kips Bay |
Key Points
- 358 5th Ave is a historic building located in the heart of Manhattan.
- The building features a stunning Beaux-Arts design and has been designated as a New York City landmark.
- Current tenants include office spaces, retail stores, and restaurants.
- The building has a significant economic impact on the surrounding neighborhood, generating millions of dollars in economic activity each year.
- Preservation efforts have ensured the building's original character and charm are maintained.
Accessibility and Transportation
358 5th Ave is conveniently located near several major transportation hubs, making it easily accessible by public transportation or on foot. The building is just a short walk from Grand Central Terminal, one of the busiest transportation hubs in the city, and is serviced by multiple MTA bus and subway lines.
Sustainability and Environmental Features
In recent years, the building at 358 5th Ave has undergone significant renovations to improve its sustainability and environmental performance. The installation of energy-efficient systems and green roofing has reduced the building's carbon footprint and improved its overall energy efficiency.
What is the history of 358 5th Ave?
+The building at 358 5th Ave was constructed in 1907 and features a stunning Beaux-Arts design. It has been designated as a New York City landmark and has undergone significant renovations to preserve its original character and charm.
Who are the current tenants of 358 5th Ave?
+The building is home to a diverse range of tenants, including office spaces, retail stores, and restaurants. Notable tenants include WeWork and several upscale retail stores.
What is the economic impact of 358 5th Ave?
+The building has a significant economic impact on the surrounding neighborhood, generating millions of dollars in economic activity each year and supporting hundreds of jobs.
