The building had been owned by Daytop Village, a drug and alcohol rehabilitation center that purchased the building in 1973 from the Overseas Press Club for $850,000, according to a New York Times article dated January 3, 1973. Daytop Village has relocated just down the street to the Spring Mill Building at 104 W. 40th Street.
Allied Partners, a New York City-based real estate investment and management firm, owns several buildings in the area, and we congratulate the company on its newest asset.
This is an excerpt from Bryant Park's weekly newsletter, MidCity News, written by Terry Benoit. MidCity News keeps park enthusiasts informed about our events, milestones, operations, and all of the detailed maintenance work that goes into caring for the park. Weekly updates are sent with our sister organizations 34th Street Partnership and Chelsea Improvement Company.
You can view this week's edition of MidCity News online, or sign up to receive it in your inbox.