The main Sherry establishment is at 300 Park Avenue, between Forty-ninth and Fiftieth Streets. There are two shops on Fifth Avenue, at Fifty-eighth and Thirty-fifth Streets, and two branches in Paris, France, Sherry's is a subsidiary of the Boomer-Dupont Corporation, which owns the Waldorf-Astoria and other hotels.
The Phipps interests bought the property in April, 1923, at which time it consisted of old remodeled dwellings. Louis Sherry, Inc., the famous restaurant, leased it in May, 1928, for twenty-one years and the present building was erected, at a cost of more than $150,000 from plans by McKim, Mead & White, architects. The George A. Fuller Company was the builder. Later this lease was canceled.
New York Times April 22, 1937 - Porter's, a ladies' wearing apparel shop now at Broadway and Eighty-first Street, has leased a large corner store and the entire second floor in the building at 691 Madison Avenue, northeast corner of Sixty-second Street, formerly Sherry's. The lease was arranged by Alfred N. Williams & Co., Inc., and Pease & Elliraan, Inc., and reveals Major Edward Bowes, radio entertainer, as the buyer of the property in a recent deal with the Phipps estate.
Pease & Elliman, Inc., brokers in the recent sale to Major Bowes, said the building would be reconstructed, the proposed changes to feature a modern type of glass structural work. Plans for the alterations were drawn by Douglas P. Hall, architect, and the construction work will be done by the O'Day Construction Company. The reconstructed building will be air-conditioned.
Monthly rent is reputed to be $425,000. |
Upper East Side Historic District Designation Report - Erected in 1928 by McKim, Mead & White.
Style - stylized neo-Classical
Elements - Two-story commercial building; two-story shopfronts with glass block in second story windows; stone piers and bands between and above windows; band of gilded foliage above second floor windows; stylized carved baskets of fruit above gilded cornice.
Alterations - 1950 changed to stores and manufacturing use; new store front built by Oscar I. Silverstone for Morris and Henry Luskin.
History - Replaced three residences on Madison Avenue and one on 62nd Street. Originally built as a store and restaurant for Louis Sherry.