Met-Life Clock Tower sells to Tommy Hilfiger and will become a hotel
May.05, 2011 in
Hotels
A group lead by clothing designer Tommy Hilfiger has purchased the Met-Life Clock Tower building (5 Madison Avenue) on the east side of Madison Square Park, according to the Wall Street Journal. The plan is to turn it into a hotel.
The building has been the subject of several proposed plans in the past, including very large (4,000+ square foot) ultra-high-end condos designed by Donatella Versace, and then revised to be condos about half the size with a new designer involved.
The historic building was built in 1909 and was at one time the world’s tallest building.
