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- Title
MANDARIN ORIENTAL RESIDENCES FIFTH AVENUE: G-Tech provides elevators for a historic Midtown Manhattan office-turned-luxury condo building.
- Authors
Wilkinson, Kaija
- Abstract
The Mandarin Oriental Residences Fifth Avenue is a luxury condo building in Midtown Manhattan that offers hotel-like amenities and services. The building is a historic landmark from the 1920s and was formerly Gucci's headquarters. The condos are delivered fully furnished with high-end brands and include access to a private restaurant, rooftop pool, spa, fitness center, and lounge areas. The building features a three-unit elevator system provided by G-Tech Elevator Associates. Despite the high prices, the condos have been selling slowly, with only 13 units sold since they were listed in late 2022. Some buyers have filed lawsuits claiming that the promised luxury has not been delivered. The building conversion presented challenges due to the existing retail tenants, but the project has been completed successfully.
- Subjects
ELEVATORS; DWELLINGS; CONDOMINIUMS; AUTOMATIC control systems; HAIR dryers; DINING rooms
- Publication
Elevator World, 2024, Vol 72, Issue 7, p66
- ISSN
0013-6158
- Publication type
Article