Development and early years The building was developed by Parkview Real Estate Company, which was led by Charles F. Rogers. Parkview Real Estate hired Harde and Short that May to design an apartment building on the site. The Century Investing Company lent Parkview Real Estate $315,000 to pay for the building's construction. The structure was initially called the Parkview, a tribute to the fact that
Central Park was one block west. Originally, the building's valuation was assessed at $1 million. In spite of the recent
Panic of 1907, many of the building's apartments had been rented out shortly after its completion. Other tenants included the socialite
Helen Phelps Stokes, as well as the businessman
Anson Wood Burchard. In 1910, Albert J. Bodker was hired to add some bathrooms. The structure soon went into
foreclosure, The Barney Estate Company took over the building. The new owners obtained a $500,000 mortgage from the Title Insurance Company and a $500,000 mortgage from United States Realty. 777 Madison Avenue was resold in 1919 to I. Randolph Jacobs and Everett Jacobs; The building had originally been surrounded by a recessed
areaway, but this was infilled in the early 20th century as Madison Avenue became more commercial in character.
Bing and Bing ownership Gresham Realty, led by the real-estate investor
Alexander Bing, bought 777 Madison Avenue in February 1928. At this point, the structure was valued at $1.5 million. The antiques dealer Walter Philipp leased a storefront in 1938. Among the building's residents in the mid-20th century were the singer
Morton Downey, the politician
Grafton D. Cushing, and the socialite Nelly Régine Beer (the wife of banking magnate
Robert de Rothschild). Most of the apartments remained intact during the Great Depression, but rental income decreased due to temporary rent regulation restrictions imposed during World War II. and the retailer Henry Greenhut moved into the building the next year. In addition, Betty Metcalf opened a dress shop there in 1963.
Sommer ownership and Bing repurchase The racehorse owner
Sigmund Sommer bought 45 East 66th Street in July 1973; at the time, the building's residents included United Nations ambassadors and theatrical personalities, who paid up to $2,500 a month. After taking over, Sommer allegedly fired three employees, Sommer also changed the lightbulbs from antique ones to cheaper neon tubes, a move protested by several tenants. The dissenting tenants claimed that the building was being neglected and that the employees' dismissals made the building less safe, though Sommer claimed that he had lost over $33,000 in one fiscal year. The tenants filed suit to prevent Sommer from dismissing the staff, and they also went on a
rent strike, withholding thousands of dollars until the staff were reinstated. Several of the building's residents went to the
Belmont Park horse track to protest Sommer. Sommer agreed to employ a doorman 24 hours a day. Even though the elevator had just been automated, the board ordered Sommer in late 1974 to hire an elevator operator. although the $2,500 fine was waived. The
New York Supreme Court, Appellate Division, upheld the Supreme Court ruling in 1976, mandating that an elevator operator be hired. Afterward, the tenants sought to have the building designated as a city landmark, and they commissioned Christopher Gray to write a report about 45 East 66th Street. The owners, who opposed the designation, hired the architect
Percival Goodman, who claimed that the preservation movement "will be cheapened by dubious designations". and the commission granted the designation on November 15, 1977. The building was added to the
National Register of Historic Places in 1980. By the early 1980s, the building's retail tenants included the shoe store Botticellino and the jeweler
Fred Leighton. In addition, the building had an Italian shoe boutique, Flaminia Shoes.
Co-op conversion In 1985, the developer
Martin J. Raynes agreed to buy 45 East 66th Street and several other properties from Bing and Bing, with plans to convert the structures into
condominiums or
cooperatives. Raynes began converting 45 East 66th Street into cooperative apartments. Several retailers opened stores at the building in 1987, including the clothing retailer
Alexon Group, the clothing retailer David Berk, and the jeweler Matthew Hoffman. This was followed in 1988 by the opening of Christian de Castelnau's clothing boutique, which operated in the building for only two years. After the co-op conversion went into effect, the engineer Vincent Stramandinoli supervised a restoration of the facade, Raynes ended his involvement with the co-op conversion in 1990. Classic Properties took over the remaining unsold apartments, while the
Executive Life Insurance Company became a
limited partner in the conversion. Twelve of the building's apartments were still rental units by then, even as the remaining tenants had bought into the co-op offering plan. and the Italian shoe boutique Pancaldi.
Friedland Properties bought the retail space for $22.55 million in 2001; it was estimated to be the most costly commercial-real-estate transaction in New York City. The same year, part of the ground-floor interior was renovated to accommodate an expansion of the Fred Leighton store. A Judith Ripka jewelry boutique opened at the building in 2005. The LPC approved plans for a
penthouse structure atop the building in 2014, with a bedroom, bathrooms, and dressing rooms. reportedly opposed the penthouse's construction because he did not want his apartment to lose its status as the building's penthouse. The building continued to operate as a co-op, with a doorman, into the 2020s. == Reception ==