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995 Fifth Avenue
995 Fifth Avenue is a 16-story co-op apartment building at 995 Fifth Avenue and East 81st Street on the Upper East Side of Manhattan, New York City, across Fifth Avenue from Central Park and the Metropolitan Museum of Art's Fifth Avenue building. It was constructed in 1926 as The Stanhope Apartment Hotel and designed by Rosario Candela. The building was converted to a residential co-op with 26 units in 2005 and renamed The Stanhope. It has since been renamed simply 995 Fifth Avenue. History The Stanhope Apartment Hotel opened in 1927 under the ownership of the 955 Fifth Avenue Corporation. It shortly passed into the ownership of Benjamin Winter, Inc. in 1928, followed by joint ownership among four banks, including the Bank of United States, in 1932, after Winter's default.
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Rosario Candela
Rosario Candela (March 7, 1890 – October 3, 1953) was an Italian American architect who achieved renown through his apartment building designs in New York City, primarily during the boom years of the 1920s. He is credited with defining the city's characteristic terraced setbacks and signature penthouses. Over time, Candela's buildings have become some of New York's most coveted addresses. As architectural historian Cristopher Gray has written: "Rosario Candela has replaced Stanford White as the real estate brokers' name-drop of choice. Nowadays, to own a 10- to 20-room apartment in a Candela-designed building is to accede to architectural as well as social cynosure." Life Early life and education Born in Montelepre, Italy in 1890, Candela immigrated to New York in 1906. He returned to Italy after his arrival to study there and returned to the US in 1909. His father was Michele Candela, a plasterer, and his mother was Josephine Pizzurro. He gained admission to the Columbi ...
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