The Sherwood was built in 1925 originally constructed as the National Bible Institute's new headquarters, by the prestigious architects McKenzie, Voorhees and Gmelin. The building opened on October 13, 1925 at a cost of $1,350,000. with accommodations for 240 resident pupils. The original structure consisted of a library, laboratory, classrooms, lecture hall, dining room, and an auditorium on the main floor. In May 1950, the National Bible Institute received permission from the New York State Board of Regents to change the institutions name to Shelton College in honor of its founder, Don O. Shelton and to grant the degree of Bachelor of Arts. With its growing activities, Shelton College sold the building in 1952 and moved to Ringwood, New Jersey. In 1952 the Roman Catholic Archdiocese of New York purchased the building with plans to modernize it for use as a home for the aged. Again the architectural firm Voorhees, Walker, Foley & Smith were hired to alter the building to house 177 elderly men and women. On March 20, 1955 Cardinal Francis Spellman blessed and dedicated the new $2,250,000 Josephine Baird Home for the Aged, operated by the Carmelite Sisters for the Aged and Infirm. The facility was closed in 1972 when it could no longer be brought up to building codes. In the 1975, the Hare Krishnas purchased the building for $1,000,000 and called 340 West 55th their "Skyscraper temple", amenities included a theater, gift shop, museum, soup kitchen and a hotel, with hundreds of followers living communally in the upper floors. In 1977, Swami Prabhupada died, and soon thereafter, the Krishnas were troubled with financial difficulties. In 1981 local leadership decided to sell the Manhattan property. In 1982, the building was transformed into co-op apartments, as it is known today.
Architecture
The Sherwood blends stone, brick and Venetian-style balconies to make it a unique gem on this quiet block. Its relatively simple architecture is rock-solid secure, a reassuring beacon of civilized urban architecture. Its great gray stone base is only one-and-a-half stories high. The George Washington Stone Company built the foundation and base. Detailed carving rest atop the two columns at its canopied entrance with a scalloped band-course above its second floor which is not highlighted by its color, The red tiles of a mid-level setback on the eastern portion of the façade are not pronounced but echo the band-course one floor below. Its angled west wing is sophisticated and subtle and scarcely noticeable. The bright pink stone window surrounds and the corner quoins on the western end of the second floor are somewhat muted by the seven columned curved rock balconies beneath the windows. The building's west wing has a Venetian-style loggia with seven slender arches on the 9th floor beneath a setback terrace. The naturalistic, low relief ornament motifs that run along its gray stone base was produced by the architectural sculptors Ulysses Ricci and John De Cesare. Fruits, animals and twisting vines can be discerned, as well as a bible centered above the entrance, the symbol of the National Bible Institute. These stylized elements sit somewhere between medieval revival and Art Deco.
Notable residents
Philip Baloun - Party Planner & Special Events Designer
