Millionaire’s Building or Power Building/Tower of Power (740 Park Avenue)

The building at 740 Park Avenue (71 East 71st Street in Manhattan) has had many famous and wealthy residents. In 2010, New York magazine called the building one of the city’s “Towers of Power.”
 
A 2014 article in

The Guardian stated that 740 Park Avenue “has been nicknamed the Millionaire’s building, or Power building, for its wealthy and celebrated past and present residents.”
   
 
Wikipedia: 740 Park Avenue
740 Park Avenue is a luxury apartment building on Park Avenue in Manhattan, which has been the home to many wealthy and famous residents. The building also carries the address 71 East 71st Street.
 
History
740 Park Avenue was constructed in 1929. It was designed by Rosario Candela and Arthur Loomis Harmon, the design partner of Shreve, Lamb and Harmon. It was built by James T. Lee, grandfather of Jacqueline Kennedy Onassis.
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In 2005, author Michael Gross published a detailed book on the building and its history, 740 Park: The Story of the World’s Richest Apartment Building. According to Gross, builder Lee’s daughter Janet Lee Bouvier and son-in-law Jack Bouvier took the final open lease (according to one account, for free), and their daughter Jacqueline Kennedy Onassis grew up there.
       
Condopedia: 740 Park Avenue
740 Park Avenue, New York City
 
Background
Known as one of New York City’s so called “Towers of Power”, 740 Park Avenue has long been considered one of New York’s premiere residential buildings. The list of current and former residents includes many powerful figures in business, finance, and politics, as well as many celebrities and socialites.
   
New York magazine
Towers of Power
By S.Jhoanna Robledo Published Sep 26, 2010
A s late as 2007, 740 Park Avenue was the city’s most glamorous apartment building (even inspiring a full-length book by Michael Gross). One housing cycle later, 740 has arguably been supplanted by 15 Central Park West, whose traditional limestone façade envelops every modern amenity (and no co-op board!). Who lives better?
   
Answers.com
740 Park Avenue: Tower of Power
By Tracy Kaler
Known as the richest apartment building in New York City, 740 Park is a co-op at 71st Street and Park Avenue on the Upper East Side of Manhattan. The coveted residence attracts only the wealthiest New Yorkers. Despite the influx of luxury condos added to the city’s already high-end real estate market, this historic Gold Coast building remains one of the most exclusive in the world.
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The building famously known as “740 Park” is loaded with history. Although you won’t be able to gain entrance unless you know someone who lives there, you can visit on the outside and photograph the exterior. This exclusive piece of New York real estate also referred to as “The Tower of Power” is worth a visit at least once.
 
Twitter
Stilez
‏@stilez
740 Park Ave. is currently the home of the most Billionaires. Tower of Power.
11:14 PM - 11 Apr 2013
 
The Guardian (UK)
France puts UN ambassador’s residence in New York up for sale for $48m
Sumptuous Park Avenue apartment with 18 rooms is being sold as part of plans to reduce government’s debt
Kim Willsher in Paris
Thursday 10 April 2014 11.25 EDT
For Sale: the French ambassador to the UN’s sumptuous apartment at one of the most sought after addresses in Manhattan.
 
With billions of savings needing to be found in order to cut its budget deficit, Paris has put its 18-room duplex at 740 Park Avenue, one of New York’s most exclusive properties, on the market for $48m (£29m).
 
The sale has caused a buzz in property circles where the 1929 tower, made up of around 30 apartments, has been nicknamed the Millionaire’s building, or Power building, for its wealthy and celebrated past and present residents.