Trump Tower

Trump Tower
View from Fifth Avenue
General information
Status	Completed
Type	Retail, office, and residential
Architectural style	Modernism
Location	721 Fifth Avenue Manhattan, New York
Coordinates	40°45′45″N 73°58′26″W / 40.7625°N 73.9738°W / 40.7625; -73.9738
Current tenants	The Trump Organization
Named for	Donald Trump
Inaugurated	November 30, 1983; 40 years ago (1983-11-30)
Cost	$300 million
Owner	GMAC Commercial Mortgage[1]
Height
Architectural	664 ft (202 m)[2]
Technical details
Material	Concrete
Floor count	58
Lifts/elevators	34
Design and construction
Architect(s)	Der Scutt
Architecture firm	Poor, Swanke, Hayden & Connell
Developer	Donald Trump
Structural engineer	Irwin G. Cantor
Other information
Number of units	232
Number of restaurants	3
Number of bars	1

Trump Tower is a 58-story, 664-foot-tall (202 m) mixed-use condominium skyscraper at 721–725 Fifth Avenue in the Midtown Manhattan neighborhood of New York City, between East 56th and 57th Streets. The building contains the headquarters for the Trump Organization, as well as the penthouse residence of its developer, the businessman and later U.S. president Donald Trump. Several members of the Trump family also live, or have lived, in the building. The tower stands on a plot where the flagship store of the department-store chain Bonwit Teller was formerly located.

Der Scutt of Swanke Hayden Connell Architects designed Trump Tower, and Trump and the Equitable Life Assurance Company (now the AXA Equitable Life Insurance Company) developed it. Although it is in one of Midtown Manhattan's special zoning districts, the tower was approved because it was to be built as a mixed-use development. Trump was permitted to add more stories to the tower in return for additional retail space and for providing privately owned public space on the ground floor, the lower level, and two outdoor terraces. There were controversies during construction, including the destruction of historically important sculptures from the Bonwit Teller store; Trump's alleged underpaying of contractors; and a lawsuit that Trump filed because the tower was not tax-exempt.

Construction on the building began in 1979. The atrium, apartments, offices, and stores opened on a staggered schedule from February to November 1983. At first, there were few tenants willing to move into the commercial and retail spaces; the residential units were sold out within months of opening. After Trump's 2016 presidential campaign and subsequent election, the tower saw large increases in visitation, though security concerns required the area around the tower to be patrolled for several years.