The Real Deal New York

This month in real estate history

July 20, 2010 03:00PM

The Real Deal looks back at some of New York’s biggest real estate stories

From the July issue:
The century-old Brevoort Hotel just north of Washington Square Park,
which for generations had been a meeting place for the rich and
influential in New York, announced 62 years ago this month that it
would close because it could not meet new fire code regulations. The
hotel, located at 9-13 Fifth Avenue at 8th Street in Greenwich Village,
was built in 1845, but by 1948 there were 52 long-term residents living
there. Some of the era’s notable figures, such as President James
Garfield, writers Mark Twain, Edith Wharton and Eugene O’Neil, and even
Edward VII, the Prince of Wales, stayed at the 113-unit hotel. The
hotel notified tenants on July
13 that a new state law, enacted after a fatal hotel fire in Atlanta,
Ga., would make it impossible to bring the building up to code without
rebuilding it. The structure, along with several other buildings on the
block, was demolished in 1954 to make way for developer Sam Minskoff
& Sons’ 301-unit Brevoort co-op, at 11 Fifth Avenue, which opened
in 1955 under a ground lease. [more]

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