12/27 Thomas Darling bought the entire block in 1836 for eighty-eight thousand dollars. David Allerton, to whom he leased part of it, ran the Washington Hotel during the Civil War. When the cattle-yards were removed to Fortieth Street and Eleventh Avenue the tavern's living was gone. John H.Sherwood, a prominent builder who contributed much towards developing upper Fifth Avenue as a residential section, bought the site and erected the Sherwood House. It was in the basement of the hotel that the Fifth Avenue Bank first opened for business. |