The beyond-the-box developer of the property, Michael Paterno, had stipulated that all 13 apartments, 6 of them duplexes, be graced by spacious principal rooms with ample ancillary rooms and baths designated for staff. But for an extraordinary selling feature, he asked the architects to stagger the layout beginning at the fifth floor, to endow six of the units with palatial 20-by-40-foot salons with soaring ceilings. (source)
Featured in Andrew Alpern’s book Historic Manhattan Apartment Houses on page 41-43.
1924 506 $800,000.00 5TH [Fifth] AV, 1020 13-sty bk apt, 62˙90 OWNER / OWNER ADDRESS (o) 1101 Park Av. Corp., Michael E. Paterno, pres / (o) 344 Northern av COMMENTS ARCHITECT / ARCHITECT ADDRESS (a) Warren & Wetmore / (a) 16 E 47 (source)
“This grand Fifth Avenue co-op belongs to the socialite and political fundraiser Georgette Mosbacher, who has hosted everyone from King Juan Carlos I of Spain to Tom Hanks to Presidents George H. W. Bush, Bill Clinton and Donald Trump at her apartment. It occupies the entire fifth floor of 1020 Fifth Avenue, a prestigious limestone cooperative, and it’s now asking $29.5 million.” Socialite Georgette Mosbacher lists luxurious full-floor, Fifth Avenue co-op for $29.5M POSTED ON MON, JANUARY 23, 2017
