Bussiness
Vintage photos of Trump Tower show the early days of Donald Trump’s New York City headquarters
Donald Trump bought the future site of Trump Tower, then occupied by Bonwit Teller’s flagship department store, in 1979.
Bettmann Archive/Getty Images
Located at 56th Street and Fifth Avenue next to the Tiffany store in New York City, a 1979 article in The New York Times estimated the sale price of the 11-story Bonwit Teller building at between $10 million and $24 million.
Architect Der Scutt designed the high-rise building to include a five-story atrium with shops and 263 luxury condos on the top floors.
Barbara Alper/Getty Images
The Trump Organization advertises the building as 68 floors high, with the residential condominiums beginning on the 30th floor.
City records show that Trump Tower actually has 58 floors. In 2003, Trump told The New York Times that he counted the atrium and shops as 10 extra floors.
”It was all approved,” Trump said. ”I brought it before the various agencies and got them to agree that I could start the building at Floor 30, because it equated to approximately 300 feet above ground.”
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