The vision of New York City's very first fractional ownership began to take physical form in 1994 with the purchase of a 60-million dollar property on the southwest corner of 56th Street and Seventh Avenue. Sales began successfully in 1996 prior to the completion of the residential portion of the property, as even the earliest owners recognized the unique value of deeded ownership, the benefits of a private club-like atmosphere and the convenience of a prime midtown location.
Completion of the three initially planned construction phases resulted in a total of 241 suites plus the Club Floor. At this stage, with 13 Residential Floors, a Fitness Center, Business Center and a Club Lounge, The Manhattan Club already held the title of the largest urban timeshare in the world.
In fall of 2004, the building's floors 27-31, which previously housed Administrative Offices and Private Suites, were vacated in preparation for the construction of twenty-four Penthouse Suites.
Construction was completed in the spring of 2005. The larger suites, oversized windows, lofty ceilings, two private terraces, enhanced in-room amenities and restricted access have proven to be a winning formula for our property sales.
To complete the ultimate residential environment created by these grand suites and private terraces, a 560-square-foot private reading room was built on the 31st floor of The Manhattan Club tower. This latest addition has provided a serene and sun-filled retreat for Penthouse Owners seeking a quiet environment for reading and relaxation.
In 2009, the Metropolitan suites became the newest units, added on the 2nd floor of the property.
Our commitment to offering a property and level of service that exceeds the expectations of our owners and guests inspires us to maintain a high level of service in our staff and to improve the property and its amenities. We will continue to innovate and plan additions and enhancements as needed to accommodate the needs of all our owners.