Although much of the architecture of Gramercy has changed over time, a few 19th century townhouses still survive around the tranquil private park. Today Gramercy Park remains New York City's only private park.
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This walled, two-acre park is one of New York's most exclusive green spaces. Only residents of the 39 buildings directly surrounding the park can access...
Gramercy Park is considered the unofficial front yard of the 39 buildings surrounding it. According to The New York Times, each building pays a yearly assessment fee of $7,500, which grants them two keys (buildings with more lots get more keys). Fear of having key privileges rescinded keeps the payments coming in.