120 Wall Street

Office skyscraper in Manhattan, New York September 2022 August 2019 120 Wall Street 120 Wall Street 2.jpg 215px as seen from the East River Wall Street 120 Wall Street Ely Jacques Kahnnyc-architecture New York Architecture Images- 120 WALL STREET https://www.nyc-architecture.com/LM/LM077.htm https://web.archive.org/web/20040529003333/http://www.nyc-architecture.com/LM/LM077.htm usurped May 29, 2004 New York City United States 1930 03 Silverstein Properties US$12 million (1929) 34 Wedding-cake style/Стиль торта Concepts of IndependenceDroga5Guttmacher InstituteINROADS, NYCLucis Trust & World GoodwillNational Urban LeagueNetwork for Teaching EntrepreneurshipThe New PressUnited Negro College Fund 2002 399 ft (122 m) Buchman & Kahn yes 40.705 -74.006 region:US-NY it right|thumb|187px|Entrance 120 Wall Street is a skyscraper in the Financial District of Lower Manhattan in New York City. It was completed in 1930.https://www.nytimes.com/1991/10/27/realestate/commercial-property-nonprofit-tenants-wall-street-tower-site-for-service.html Commercial Property: Nonprofit Tenants; Wall Street Tower as a Site for a Service Association David W. Dunlap The New York Times October 27, 1991 limited The building is 399 ft (122 m) tall, has 34 floors, and is located on the easternmost portion of Wall Street, and also borders Pine Street and South Street. The architect was Ely Jacques Kahn of Buchman & Kahn. The tower is tiered on three sides, forming the classic wedding-cake style outline emblematic of post-1916 Zoning Resolution New York skyscrapers. The setbacks recede in shallow formations from a large 16-story platform. Red-granite panels frame wide-paned commercial windows at street level as part of the five-story limestone base. The building has 615000 sqft m2 of space and occupies a 23000 sqft m2 on lot. History Greenmal Holding Corporation (Henry Greenberg and David Malzman) acquired the site in 1928 from the American Sugar Company.https://www.nytimes.com/1933/06/27/archives/skyscraper-bid-in-by-new-york-life-insurance-company-acquires.html SKYSCRAPER BID IN BY NEW YORK LIFE; Insurance Company Acquires Building at 114 Wall St. in Foreclosure Auction. Edwin J. McDonald Joseph P. Day Thomas F. Burchill The New York Times June 27, 1933 subscriptionhttps://www.nytimes.com/1929/11/03/archives/renting-large-space-many-tenants-take-entire-floors-at-120-wall.html RENTING LARGE SPACE.; Many Tenants Take Entire Floors at 120 Wall Street. The New York Times November 3, 1929 subscription In February 1929, the company obtained a $4,050,000 construction loan for the building.https://www.nytimes.com/1929/04/24/archives/builders-take-fee-and-lease-to-protect-wall-st-project.html Builders Take Fee and Lease To Protect Wall St. Project The New York Times April 24, 1929 subscriptionhttps://www.nytimes.com/1929/02/01/archives/4050000-loan-is-placed-office-structure-for-lower-wall-street-is.html 4,050,000 Loan Is Placed The New York Times February 1, 1929 subscription The cost was estimated at $12,000,000, with the edifice resting upon a 51 caisson deep foundation.https://www.nytimes.com/1929/05/12/archives/razing-buildings-on-wall-street-ten-tall-office-structures-are.html RAZING BUILDINGS ON WALL STREET; Ten Tall Office Structures Are Being Torn Down for Two High Banking Edifices. OLD GALLATIN BANK GONE Third Towering Structure Under Way on South Street Front at Foot of Wall Street. The New York Times May 12, 1929 subscription The building opened in March 1930.https://www.nytimes.com/1930/03/09/archives/wall-street-building-opened.html Wall Street Building Opened The New York Times March 9, 1930 subscription The original anchor tenant of the building was the American Sugar Refining Company.https://www.silversteinproperties.com/commercial-office-space-nyc/120-wall-street About 120 Wall Street Silverstein Properties New York Life Insurance Company bid $1,000,000 to foreclose a $5,569,605 lien against the skyscraper at a June 26, 1933 foreclosure auction. 120 Wall Street was the only major high-rise building on the East River downtown waterfront for many years until the post-1970s construction boom. In 1980, the 120 Wall Company, LLC, an affiliate of Silverstein Properties, acquired the building for $12 million.https://www.nytimes.com/1980/09/28/archives/silverstein-buys-120-wall-st.html Silverstein Buys 120 Wall St. The New York Times September 28, 1980 subscription In 1992, in cooperation with the city's Economic Development Corporation, Silverstein Properties obtained the designation of 120 Wall Street as New York City's only Association Center.https://therealdeal.com/2021/02/12/heres-what-tenants-are-paying-at-silversteins-120-wall-street/ Here's what tenants are paying at Silverstein's 120 Wall Street Kevin Sun The Real Deal February 12, 2021 limited The designation creates reduced rents for not-for-profit organizations. Tenants include The New Press, AFS Intercultural Programs, the Network for Teaching Entrepreneurship, Illuminating Engineering Society of North America, Pacifica Foundation WBAI-FM, the Lucis Trust & World Goodwill, the world headquarters locations of the National Urban League, Juvenile Diabetes Research Foundation, The United Negro College Fund, the Alan Guttmacher Institute, the Center for Reproductive Rights, and Lambda Legal.November 2021 Concepts of Independence, a consumer organization for the disabled, is also a tenant.https://www.nyconnects.ny.gov/providers/concepts-of-independence-sofanysp1069 Concepts of Independence, New York, NY In October 2020, Wells Fargo, JP Morgan Chase and Citigroup provided a $165 million mortgage loan.https://therealdeal.com/2020/11/09/manhattans-top-real-estate-loans-post-best-month-since-march Manhattan's top real estate loans post second best month since March Kevin Sun The Real Deal November 9, 2020 limited References Notes Sources 1930 https://archive.org/details/elyjacqueskahnar0000ster Stern Jewel Stuart John A. Ely Jacques Kahn, Architect: Beaux-arts to Modernism in New York Norton 2006 978-0-393-73114-9 registration 146–148 External links About 120 Wall Street by Silverstein Properties Emporis.com Building ID 115441 Skyscraperpage.com - 120 Wall Street 120 Wall Street Images of 120 Wall Street by Silverstein Properties Category:Financial District, Manhattan Category:Skyscraper office buildings in Manhattan Category:Art Deco architecture in Manhattan Category:Wall Street