108 Leonard

Residential building in Manhattan, New York August 2022 October 2022 Former New York Life Insurance Company BuildingClock Tower Building New York Life Insurance Company Building 346 Broadway.jpg The facade of the building as seen from the corner of Leonard Street and Broadway 346 Broadway, Manhattan, New York, United States 40 42 59 N 74 00 12 W region:US-NY_type:landmark inline,title yes yes center 250 250 14 shape #f44 Q5470109 Former New York Life Insurance Company Building 1894 Stephen D. Hatch; McKim, Mead & White Late 19th and 20th Century Revivals June 28, 1982 82003376none https://catalog.archives.gov/id/75319509 National Register of Historic Places Registration: New York SP Former New York Life Insurance Company Building National Archives and Records Administration Marjorie Pearson and Anne B. Covell February 1982 November 9, 2025 () New York State Register of Historic Places May 12, 1982Cultural Resource Information System (CRIS) New York State Office of Parks, Recreation and Historic Preservation November 7, 2014 https://cris.parks.ny.gov/ July 20, 2023 April 4, 2019 http://webarchive.loc.gov/all/20190404141934/https://cris.parks.ny.gov/ live 06101.001401 New York City Landmark February 10, 1987 1512, 1513Landmarks Preservation Commission 1987 . 1Landmarks Preservation Commission Interior 1987 . 1 108 Leonard (formerly known as 346 Broadway, the New York Life Insurance Company Building, and the Clock Tower Building) is a residential structure in the Tribeca neighborhood of Manhattan in New York City, New York, United States. Built from 1894 to 1898, the building was constructed for the New York Life Insurance Company. Stephen Decatur Hatch created the original plans while McKim, Mead & White oversaw the building's completion. The building occupies a city block bounded by Broadway to the west, Leonard Street to the north, Lafayette Street to the east, and Catherine Lane to the south. It is a New York City designated landmark and is listed on the National Register of Historic Places. The exterior is largely made of marble, and each elevation of the facade is divided vertically into multiple bays. Although the main entrance is on Leonard Street, the western and eastern ends also contain entrances and are clad with rusticated stone blocks. On the upper stories, band courses run horizontally across the facade, and there are arched and rectangular windows. Along Broadway, above the 12th story, is an ornate clock tower, with a mechanically wound clock. A two-story penthouse is placed above the original roof. Inside the building are 152 condominium residences. The entrances lead to various lobbies, stairs, and hallways, some of which are elaborately decorated. In addition, there is a banquet hall within a former banking room near Lafayette Street; former executive offices on the lower floors; and residential amenities in the cellar and on the roof. The present building at 346 Broadway was constructed in two phases, replacing a previous structure built in 1870. The eastern section was completed in 1896 as an annex of the previous building, while the western section was built in 1898 to replace the older building entirely. New York Life occupied the rebuilt edifice for three decades, moving to 51 Madison Avenue in 1928, although the firm continued to own the building until 1945. Clothing firms also rented space in the building during the early 20th century, and 346 Broadway hosted various U.S. federal and New York state government offices from the 1930s to the 1960s. After the government of New York City acquired the building in 1967, the structure housed the Summons Court and other judicial functions, as well as an art gallery. The Peebles Corporation and El-Ad Group bought the building for $160 million in 2013 and renovated it for residential use. Following various legal issues, the first condominiums in the building were sold in March 2018. Site 108 Leonard is in the Tribeca neighborhood of Lower Manhattan in New York City, at 346 Broadway. It occupies a city block bounded by Broadway to the west, Leonard Street to the north, Lafayette StreetIn the 19th century, Lafayette Street was known as Elm Street. to the east, and Catherine Lane to the south.50 Lafayette Street, 10013 https://zola.planning.nyc.gov/l/lot/1/170/7501 March 20, 2020 New York City Department of City Planning August 31, 2022 https://web.archive.org/web/20220831145533/https://zola.planning.nyc.gov/l/lot/1/170/7501 live The land lot is trapezoidal and covers 28,566 ft2 -1.Condominium Offering Plan 2017 . 318 The site is long and narrow, measuring about 400 ft wide on both Leonard Street to the north and Catherine Lane to the south. However, it only measures 60 ft wide on Broadway and about 83 ft wide on Lafayette Street.October 27, 1935 Mortgage Board I Makes Big Lease: I Takes Large Space in Old New York Life Building RE1 The New York Times 0362-4331 101323671November 14, 1928 New York Life Ready to Part With Old Home on Broadway: After This Week Company Will No Longer Require Old Quarters Which Cover Block South of Canal Street, Landmark of New York Generation Ago 45 New York Herald Tribune 1941-0646 1113400634The Lafayette Street frontage is 82 ft 11.75 in 0, the Leonard Street frontage is 399 ft 10 in, and the Catherine Lane frontage is 400 ft 6.5 in 0. There are vaults under the sidewalk on Broadway, Catherine Lane, and Leonard Street.Condominium Offering Plan 2017 . 319 Nearby sites include 319 Broadway to the southwest; 33 Thomas Street to the west; 359 Broadway and 361 Broadway to the northwest; and the Jacob K. Javits Federal Building to the south. Prior to the development of the current building, the site had been occupied by the Appleton Building, designed by Frederic Diaper and built from 1838 to 1840. The building housed the New York Society Library until 1856, when publishing firm D. Appleton & Company moved into the space.Stern Mellins Fishman 1999 . 391 The D. Appleton structure burned down in 1867 and was replaced with the first New York Life building on the site, designed by Griffith Thomas and completed in 1870.Landmarks Preservation Commission 1987 . 6–7 Until 1894, the site also contained a firehouse for Engine 31 of the New York City Fire Department, at 116 Leonard Street,Gray Christopher September 23, 1990 Streetscapes: Engine Company 31 Firehouse; Getting to the Bottom of a Restoration en-US The New York Times https://www.nytimes.com/1990/09/23/realestate/streetscapes-engine-company-31-firehouse-getting-to-the-bottom-of-a-restoration.html August 30, 2022 0362-4331 December 16, 2016 https://web.archive.org/web/20161216210321/http://www.nytimes.com/1990/09/23/realestate/streetscapes-engine-company-31-firehouse-getting-to-the-bottom-of-a-restoration.html live as well as the clubhouse of the Merchant's Club at 108 Leonard Street.January 26, 1896 The Merchants' Club: Will Soon Move to Elegant Quarters in the New-York Life Building 29 The New York Times 0362-4331 1016061516 Architecture 108 Leonard was constructed as the New York Life Building and was finished in two phases.Condominium Offering Plan 2017 . 317Roth 1983 237 . The eastern part of the building was built from 1894 to 1896 and was initially designed by Stephen Decatur Hatch, who died midway during construction. McKim, Mead & White oversaw the completion of the eastern section.34 The western part of the building, including a three-story clock tower, was constructed from 1896 to 1898 and was designed solely by McKim, Mead & White.December 27, 1895 A New Broadway Building 12 New-York Tribune 574113074 108 Leonard occupies its entire block and has a narrow massing. The site slopes downward from west to east, so the building is 12 stories tall at its western end and 13 stories tall at its eastern end.Landmarks Preservation Commission 1987 11; National Park Service 1982 . 2Condominium Offering Plan 2017 . 45 Including the clock tower, the building has 15 physical above-ground stories; the top three stories are within the clock tower.El-Ad classifies the true number of stories above ground as "construction floors", which are labeled with a different "marketing floor" number. Numbering is as follows: Cellar, cellar mezzanine – not numbered Basement – floor 1 1st through 11th stories – floors 2 through 12 (floor number 13 is skipped) 12th story – floor 14 12th-story mezzanine – floor 14M 13th through 15th stories – floors 15 through 17 marketing floors There are also two below-ground levels: a basement is at the same height as the ground on Lafayette Street, as well as a cellar completely below ground. Mezzanines above the cellar and the 12th story are excluded from the floor count. A two-story penthouse structure was constructed above the 12th story (labeled as floor 14) in the 2010s. The penthouse contains setbacks at both its lower and upper levels. The top of the clock tower is physically equivalent to the 17th story, while the primary roof is 210 ft above ground. The basement through 17th story are numbered as floors 1 through 19, respectively; floor number 13 is skipped.Condominium Offering Plan 2017 . 320–321 Facade thumb|Main entrance pavilion as seen from Broadway 108 Leonard's facade is largely made of white Tuckahoe marble, except the southern elevation, which is made of brick and terracotta.Landmarks Preservation Commission 1987 . 11 The facade is divided vertically into 26 bays to the north and south, three bays to the west, and five bays to the east. The northern and southern elevations are flanked by end pavilions measuring three bays wide, and there is also a four-bay-wide entrance pavilion at the center of the northern elevation.National Park Service 1982 . 2 There are three residential entrances, one each on Broadway, Leonard Street, and Lafayette Street. In addition, there is an entrance on Broadway leading to retail space; an entrance on Leonard Street, leading to a community facility and banking hall; a garage door on Leonard Street; and three service entrances on Catherine Lane.Condominium Offering Plan 2017 . 324 The exterior walls are made of marble, granite, terracotta, and brick, while the windows are generally made of glass and aluminum.Condominium Offering Plan 2017 . 322 Surrounding the entire building at the 13th story (floor 15) are stone parapets, which are decorated with openwork motifs of interlocking circles. In addition, floors 16 and 17 are surrounded by glass-and-aluminum parapets.Condominium Offering Plan 2017 . 321–322 Broadway pavilion thumb|View of the Broadway pavilion from Catherine Lane The western end of 108 Leonard comprises a pavilion measuring three bays wide on Broadway, Catherine Lane, and Leonard Street.Cornell Katy May 17, 2018 Market Insight https://www.cityrealty.com/nyc/market-insight/features/future-nyc/instilling-permanence-trust-the-history-the-tribeca-clock-tower-building-108-leonard/17722 August 30, 2022 CityRealty August 31, 2022 https://web.archive.org/web/20220831145446/https://www.cityrealty.com/nyc/market-insight/features/future-nyc/instilling-permanence-trust-the-history-the-tribeca-clock-tower-building-108-leonard/17722 live All three elevations of this pavilion are clad with rusticated blocks of marble. The main entrance on Broadway is designed to resemble a portico, with double-height pilasters and freestanding columns topped by an entablature with a balustrade. The portico originally contained six freestanding columns that projected from the facade,March 4, 1897 City Government Affairs 12 New-York Tribune 574290245 but these were removed in 1912 at the request of the government of New York City. Each of the polished-granite pillars weighed over 16 ST LT t and measured 23 ft long by 3 ft across.March 28, 1897 Race of Two Buildings; Interesting Rivalry Between the Central National Bank and New York Life Structures on Lower Broadway en-US The New York Times https://www.nytimes.com/1897/03/28/archives/race-of-two-buildings-interesting-rivalry-between-the-central.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826173744/https://www.nytimes.com/1897/03/28/archives/race-of-two-buildings-interesting-rivalry-between-the-central.html live The capitals of each column are decorated with rosettes and swags in a modified Ionic order. Recessed within this main entrance is a double-height curved vestibule, which includes two archways with acanthus and scallop decorations.Landmarks Preservation Commission 1987 . 11–12 The archways themselves contain cast-bronze window frames above the doors, while the vestibule's ceiling contains a coffered ceiling with an eagle motif at the center. On either side of the entrance are panels with acanthus motifs. The third story contains round-arched windows, separated by lions' heads and garlands; the corners are decorated with cartouches. A cornice with modillions runs above the 3rd story, above which is a bronze railing. Band courses run horizontally across the facade above the 4th, 6th, 7th, 9th, and 10th stories, thereby dividing the facade into alternating sections of one and two stories.Landmarks Preservation Commission 1987 12; National Park Service 1982 . 2 In addition, the windows on the 7th and 10th stories are flanked by panels with acanthus-leaf motifs.Landmarks Preservation Commission 1987 . 12 At the 11th and 12th stories, the window openings are composed of double-height arches. Above this is a deep cornice with modillions. The attic is surrounded by a balustrade with stone eagles at each of its corners, which represent New York Life. This balustrade supports a clock tower that rises another two stories above the main roof (see Clock tower). Lafayette Street pavilion left|thumb|View of the Lafayette Street pavilion from Leonard Street The eastern end of 108 Leonard comprises a pavilion measuring five bays wide on Lafayette Street and four bays wide on Catherine Lane and Leonard Street. On the eastern elevation, the center bay projects slightly from the facade. At ground level (actually the basement), there is a low archway with two columns on either side. The center windows on the 1st and 2nd stories contain colonnettes, which divide the archways there into three segments. The other bays each contain one round-arched window on the 1st story and one square-headed window on the 2nd story. There are two windows per bay in the remaining stories; the windows on the 3rd, 4th, 10th, and 12th stories are round-arched, while the other windows are square-headed. Band courses and cornices run horizontally across this pavilion above each of the first four stories and above the 6th, 7th, 9th, and 10th stories. As in the Broadway pavilion, there are relief panels between the windows on the 7th and 10th stories. The parapet above the 12th story contains a clock tower with one face,June 6, 1903 Howard Clocks 80 1432 1 124643580 The American Architect and Building News which measures 12 ft across. The dome of this tower contains a copper roof. Leonard Street and Catherine Lane For the most part, the Leonard Street and Catherine Lane elevations are divided into bays with two windows per story.Landmarks Preservation Commission 1987 12–13; National Park Service 1982 . 2 At the center of the Leonard Street elevation, there is a three-bay-wide entrance pavilion that projects slightly from the facade. At ground level (actually the basement), the main entrance is through a double-height round arch. The doors in this arch are topped by spandrel panels with foliate patterns. The main entrance is flanked by two pairs of two single-story pilasters, one stacked above the other. The bays on each side of the doorways contain round-arched openings. Above the basement, the central bay of the entrance pavilion contains three windows per story, while the other bays contain two windows. The windows on the upper stories are largely similar in design to those on the rest of the facade. thumb|Arched windows east of the main entrance at the base of the Leonard Street elevation The remainder of the Leonard Street elevation is divided by band courses at the same levels as on the Lafayette Street pavilion. There are nine bays to the west of the entrance pavilion, excluding the Broadway pavilion. In the western bays, the 1st and 2nd stories contain square-headed windows with composite columns between them. There are seven such bays to the east of the entrance pavilion, excluding the Lafayette Street pavilion. These bays contain double-height archways on the 1st and 2nd stories, since these originally overlooked the general office. The windows on the other stories are separated by flat pilasters; the windows on the 3rd, 4th, 10th, and 12th stories are round-arched, while the other windows are square-headed. Above the 12th story is a balustrade with a parapet. The Catherine Lane elevation is mostly clad in gray brick and terracotta, with the exception of the three westernmost and four easternmost bays, which are respectively part of the Broadway and Lafayette Street pavilions. There are two rectangular windows in each bay, except in the end pavilions.Landmarks Preservation Commission 1987 13; National Park Service 1982 . 2 As with the Leonard Street elevation, the central three bays project from the facade. There are nine bays to the west and seven bays to the east, excluding the pavilions on either end. The 11th and 12th stories contain round-arched windows above a cornice with modillions.Landmarks Preservation Commission 1987 . 13 Roof The roofs contain insulating membranes, which are covered with pavers. There are five skylights on the roof, above unit 14A; the original skylights above the building's emergency stair have been sealed.Condominium Offering Plan 2017 . 325 The primary roof above floor 16 contains dormer structures for elevators, stairs, and mechanical equipment. Clock tower thumb|View of the Broadway pavilion from the north, with the clock tower on top Above the 12th story, on the Broadway side of the building, is a clock manufactured by the E. Howard Watch and Clock Company.James George December 4, 1979 Time Well Spent on a Clock 139 New York Daily News newspapers.com https://www.newspapers.com/clip/108385129/time-well-spent-on-a-clockgeorge-james/ August 27, 2022 August 27, 2022 https://web.archive.org/web/20220827010951/https://www.newspapers.com/clip/108385129/time-well-spent-on-a-clockgeorge-james/ liveSweet's Catalog Service https://books.google.com/books?id=bB8LZPpLfXsC&pg=PA881 Sweet's Indexed Catalogue of Building Construction Architectural Record Company 1907 881 August 27, 2022 v. 1 August 27, 2022 https://web.archive.org/web/20220827225601/https://books.google.com/books?id=bB8LZPpLfXsC&pg=PA881 live The base of the clock tower is two stories tall, while the clock tower itself rises another three stories. The clock has four faces, each measuring 12 ft in diameter and marked with Roman numerals. Each corner of the clock tower was ornamented by a 20-foot-tall column.August 29, 1897 The New-York Life Clock 41 New-York Tribune newspapers.com https://www.newspapers.com/clip/108355600/the-new-york-life-clock/ August 26, 2022 August 26, 2022 https://web.archive.org/web/20220826173740/https://www.newspapers.com/clip/108355600/the-new-york-life-clock/ live The clock tower was topped with by a 33 ft m -tall mid, 8 ST LT t on sculpture made by French-American sculptor Philip Martiny.Waldman Benjamin December 5, 2011 Lost: 33 Foot High, 8 Ton, Statue – Have You Seen It? https://untappedcities.com/2011/12/05/lost-33-foot-high-8-ton-statue-have-you-seen-it/ August 26, 2022 Untapped New York August 25, 2022 https://web.archive.org/web/20220825172850/https://untappedcities.com/2011/12/05/lost-33-foot-high-8-ton-statue-have-you-seen-it/ live The piece consisted of four 11 ft m -tall mid crouching figures of Atlas, which supported a hollow globe measuring 15 feet wide. A solid sphere measuring 8 ft wide was placed within the globe to give the impression of solidity. The globe was topped by a 7 ft m mid -tall eagle. The gigantic statue was removed sometime after 1928Untapped Cities states that the statue was removed in the 1940s, while the city's "clock master" Marvin Schneider says that the statue was removed in 1950. and has been lost ever since. Inside the clock tower, on the 13th story (labeled as floor 17Three different floor numbering systems can be used. The rectangular room in the clock tower is physically 13 stories from the ground, being directly above the 12th story. However, it is equivalent to the 15th story of the penthouse above the rest of the building, since there is a triple-height gap between the clock tower and the preceding story. The rectangular room is labeled as floor 17. clock-tower-stories), is a double-height rectangular room with brick walls, four windows, and exposed ceiling beams. A doorway leads from the room to an outdoor terrace. From the 1970s until 2013, this space was occupied by the 10000 ft2 on Clocktower Gallery. A metal spiral staircase leads up to the clock's machine room,Schjeldahl Peter June 10, 1973 The Diffident Avant-Garde Has an Outpost in the Sky en-US The New York Times https://www.nytimes.com/1973/06/10/archives/the-diffident-avantgarde-has-an-outpost-in-the-sky.html August 30, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145443/https://www.nytimes.com/1973/06/10/archives/the-diffident-avantgarde-has-an-outpost-in-the-sky.html live which is physically on the 15th floor. The machine room is surrounded by the clock's four faces. The machinery in the machine room includes a 1000 lb kg on weight, which descends to strike a 5000 lb kg on bell.Dunlap David W. November 12, 2014 A Tower Clock in Danger of Losing Its Purpose en-US The New York Times https://www.nytimes.com/2014/11/13/nyregion/a-landmark-tower-clock-will-stay-but-its-ticktock-could-be-silenced.html August 27, 2022 0362-4331 August 25, 2022 https://web.archive.org/web/20220825172851/https://www.nytimes.com/2014/11/13/nyregion/a-landmark-tower-clock-will-stay-but-its-ticktock-could-be-silenced.html liveAccording to the American Architect and Building News, the bell weighed 6000 lb, and the weights were a combined 3000 lb. The bell was made by the McShane Bell Foundry.December 4, 1979 Save America's Clocks http://www.clocks.org/clocks-in-peril August 27, 2022 Save America's Clocks August 27, 2022 https://web.archive.org/web/20220827225601/http://www.clocks.org/clocks-in-peril live A hammer, powered by a pair of 800 lb kg on weights, strikes the bell at every hour. The clock was wound using a small hand crank, and it had to be re-wound every seven days.Wolfman Ira June 14, 1987 Journey to the Center of Time 200, 201, 202 New York Daily News newspapers.com https://www.newspapers.com/clip/108581558/journey-to-the-center-of-timeira/ August 30, 2022 August 31, 2022 https://web.archive.org/web/20220831145443/https://www.newspapers.com/clip/108581558/journey-to-the-center-of-timeira/ liveAnderson Susan Heller Dunlap David W. December 6, 1984 New York Day by Day; XII O'Clock, and All's Well en-US The New York Times https://www.nytimes.com/1984/12/06/nyregion/new-york-day-by-day-xii-o-clock-and-all-s-well.html August 30, 2022 0362-4331 November 25, 2018 https://web.archive.org/web/20181125225612/https://www.nytimes.com/1984/12/06/nyregion/new-york-day-by-day-xii-o-clock-and-all-s-well.html live Until the 2010s, this was one of a few remaining mechanically wound clocks in New York City.Glassman Carl October 26, 2014 Is Time Running Out for Famed Clock of Tribeca's Clock Tower Building? http://tribecatrib.com/content/time-running-out-famed-clock-tribecas-clock-tower-building August 27, 2022 Tribeca Trib Online August 25, 2022 https://web.archive.org/web/20220825172845/http://tribecatrib.com/content/time-running-out-famed-clock-tribecas-clock-tower-building live 2023, the clock was not operational.Glassman Carl February 13, 2023 Advocates Say City Fails to Protect Tribeca's Landmark Clock http://www.tribecatrib.com/content/advocates-say-city-fails-protect-tribecas-landmark-clock May 2, 2023 Tribeca Trib Online Interior The original building's structural frame consists of steel beams, which are spanned by flat arches made of terracotta and are covered with a layer of concrete. The western section of the original building is supported by built-up groups of columns, while the eastern section contains circular and rectangular cast iron columns. The penthouse contains floor slabs and columns made of cast-in-place concrete. The basement could accommodate a live load of up to 100 psf kPa off, while the upper stories could accommodate live loads of 75 psf. In addition, the stairs, elevator lobbies, public areas, and mechanical areas of the penthouses can accommodate up to 100 psf kPa, while the apartments in the penthouses can hold up to 40 psf. When the New York Life Building was constructed, each story was laid out around a passageway that ran from west to east, and the office (later residential) space was clustered north and south of this passageway.Landmarks Preservation Commission Interior 1987 . 11 There are equipment rooms on the cellar, on floor 14, and on the roof above the penthouse (labeled as floor 16).Condominium Offering Plan 2017 . 321 Lobby, elevators, and stairs The Leonard Street entrance leads to a double-height main lobby.National Park Service 1982 . 3 The space is designated as a New York City interior landmark and contains a terrazzo floor and marble walls. The north wall of the lobby, on either side of the doorway, contains motifs of triple garlands. The lobby is surrounded by a band with a Greek key motif, placed about halfway up the wall. Above this band, on the eastern and western walls, are two Ionic pilasters, which in turn support a cornice that is decorated with rosettes. These pilasters divide the walls into three panels, each with a bronze frame and bronze centerpiece.Landmarks Preservation Commission Interior 1987 . 11–12 The lobby is flanked by a pair of staircases, which rise to the first story (labeled as floor 2marketing floors).Landmarks Preservation Commission Interior 1987 . 12Young Michael September 17, 2018 Inside Look At Historic 108 Leonard Street's Renovation in Lower Manhattan https://newyorkyimby.com/2018/09/inside-look-at-historic-108-leonard-streets-renovation-in-lower-manhattan.html August 26, 2022 New York YIMBY August 26, 2022 https://web.archive.org/web/20220826010108/https://newyorkyimby.com/2018/09/inside-look-at-historic-108-leonard-streets-renovation-in-lower-manhattan.html live These staircases contain marble balustrades, as well as newel posts with bronze globes at the top and bottom of each stair. There is also a bronze chandelier hanging from the center from the ceiling. In the 2010s, the floors were renovated with wooden planks laid in a chevron pattern. The modern-day residential building has two additional lobbies, in addition to the landmarked main lobby.David Mark Protected Period Details Stand Out in This $6.2 Million Condo in a Landmarked N.Y.C. Building Robb Report December 23, 2023 https://robbreport.com/shelter/homes-for-sale/landmarked-architecture-new-york-tribeca-condo-108-leonard-1235456071/ March 4, 2024 The basement and first story of the main lobby lead to two semicircular elevator banks of similar design. The lower level leads to a semicircular hall that connects with seven elevator cabs, as well as a doorway at the center, flanked by half-columns and pilasters. The coffered ceiling contains lanterns, which hang from rosettes and illuminate the space in front of each elevator door. The upper level is similar, except that the ceiling has a floral molding instead. Hatch's initial plan for a circular stairway, connecting each floor near the center of the elevator lobby, was scrapped when McKim, Mead & White took over the design. The elevators were removed in the 2010s, and the elevator doors were replaced with grilles.Bindelglass Evan December 14, 2014 Landmarks Give Go-Ahead For Residential Conversion Of 346 Broadway https://newyorkyimby.com/2014/12/landmarks-give-go-ahead-for-residential-conversion-of-346-broadway.html August 27, 2022 New York YIMBY August 27, 2022 https://web.archive.org/web/20220827225602/https://newyorkyimby.com/2014/12/landmarks-give-go-ahead-for-residential-conversion-of-346-broadway.html live Three new elevator cores (each with two passenger elevators), as well as a service elevator stopping at all stories, were installed during the 2010s renovation.Condominium Offering Plan 2017 . 326–329 108 Leonard contains six emergency exit stairs, one of which is an official New York City landmark. The landmark-protected stairway is made of stone and cast-iron.Condominium Offering Plan 2017 . 326 It is to the west of the elevator hall, rising to the 14th story. The staircase contains marble steps, classical decorations, and a metal railing decorated with acanthus and Greek key designs. The walls of the stairway contain marble paneling on the lowest two stories, while those on the other stories are decorated with marble dadoes. Banking room and hallway thumb|The banking room as depicted in a monograph of McKim, Mead & White's work The former New York Life banking room, known as the general office, is on the east side of the building, occupying the first and second stories (floors 2 and 3marketing floors) next to the lobby. The double-height space measures three bays from north to south and six bays from east to west. The general office contains double-height windows facing north and south, as well as freestanding Corinthian-style columns that are arranged into two groups. Tellers' cages, with screens at their tops, were arranged around the room.Gray Christopher February 21, 2013 A Reunion, With Apologies for Last Time en-US The New York Times https://www.nytimes.com/2013/02/24/realestate/a-return-visit-to-346-broadway.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826010103/https://www.nytimes.com/2013/02/24/realestate/a-return-visit-to-346-broadway.html live The ceiling is painted and contains gilded octagonal coffers, which in turn are separated by a grid of molded bands. The south wall contains a marble safe, which was originally freestanding. The west and east walls each contain three arches. The central arches on either side lead to the hallways on floor 3, and the two outer archways on the eastern wall contains bulls-eye windows. The balcony at floor 3 was part of Hatch's original plan but was removed from McKim, Mead & White's final design; it was added in a later renovation. In the 2010s, the banking room was converted into a banquet hall. An elevator connects both levels of the banking hall.Condominium Offering Plan 2017 . 38 East of the banking room, a narrow flight of stairs leads up from floor 2.Landmarks Preservation Commission Interior 1987 . 13 The staircase contains a decorative metal railing and leads to floor 3 and the general office's balcony. The hallway on floor 3 contains plaster walls; rectangular doorways with console brackets; a plaster ceiling with panels; and a classically inspired cornice. The ceiling of the hallway includes a plaster relief with New York Life's monogram, as well as caduceus motifs. There are similar hallways on the upper floors, which contain floors and wainscoting made of marble, as well as metal decorations.Gray Christopher July 25, 1993 Streetscapes: 346 Broadway; A City-Owned Palazzo Now in Disarray en-US The New York Times https://www.nytimes.com/1993/07/25/realestate/streetscapes-346-broadway-a-city-owned-palazzo-now-in-disarray.html August 27, 2022 0362-4331 August 27, 2022 https://web.archive.org/web/20220827002505/https://www.nytimes.com/1993/07/25/realestate/streetscapes-346-broadway-a-city-owned-palazzo-now-in-disarray.html live Executive offices thumb|The former directors' room as depicted in a monograph of McKim, Mead & White's work The hallway on floor 3 leads to a group of rooms that originally served as executive offices; Hatch may have designed these rooms. These offices were originally decorated with wooden moldings, a pair of fireplace mantels with garlands, and neoclassical doorways, but these were subsequently modified with linoleum floors and fluorescent lights. The ceilings of these rooms contain caduceus motifs and monograms, similar to those in the hallway, while the windows are deeply recessed and rise from the floor. The south wall of the former committee room included an elliptical arch with a tripartite window. The space occupied by these rooms was converted to residential units 3N and 3P in the 2010s. Floor 3 originally had a room for New York Life's board of directors, which was decorated by Maitland Armstrong.Roth 1983 403 . The room was relocated to 51 Madison Avenue in 1928.National Park Service 1982 . 6 On the fourth story (floor 5marketing floors), above the eastern end of the building, was a president's suite designed by McKim, Mead & White. The president's suite had an anteroom with marble paneling, as well as Ionic pilasters that flanked beige-and-black panels on the walls. The anteroom had six doorways, each of which had a marble floor and wooden doors with etched-glass panels. The paneled ceiling was decorated with rosettes and was surrounded by a molding with a doubled Greek-key motif. This room has also been modified with linoleum floors and fluorescent lights. The president's office itself was a rectangular space, with rectangular windows to the east and round-arched windows to the north. The walls were decorated with a dado, Ionic pilasters, and a cornice all made of mahogany. The plaster ceiling had three oval panels and was surrounded by garlands, a Greek key motif, and rosettes. As part of a 2010s renovation, these decorations were relocated to the first story, and the presidents' room was used as a private anteroom for residents.Margolies Jane November 23, 2018 Act III for a Lower Manhattan Landmark en-US The New York Times https://www.nytimes.com/2018/11/23/realestate/act-iii-for-a-lower-manhattan-landmark.html May 7, 2019 0362-4331 February 9, 2020 https://web.archive.org/web/20200209211242/https://www.nytimes.com/2018/11/23/realestate/act-iii-for-a-lower-manhattan-landmark.html live The space occupied by the president's office was converted to residential units 5N and 5P in the 2010s. On the eastern half of the 11th and 12th stories (floors 12 and 14marketing floors) were the quarters of the Merchants' Club, also designed by Armstrong. The lower story of the club contained a hallway measuring 100 by 15 ft across and 30 ft high. It was decorated with Greek mosaic tiles; a marble wainscoting topped by a light-brown fresco; and a multicolored ceiling. At the far end of the hall was an archway trimmed in brown marble and mahogany, which led to a main dining room. On the right (south) side of the hallway was a reception room; a smoking and reading room; and an office and a cashier's room. All were decorated in leather and contained mahogany furnishings. On the left (north) side of the hallway was a main dining room, decorated in a similar style to the other club rooms. A kitchen and some offices were located on the upper story. Residences In the 2010s, the office space was converted to condominiums with between one and four bedrooms.Warerkar Tanay March 5, 2018 Tribeca's clock tower building conversion finally launches sales from $1.5M https://ny.curbed.com/2018/3/5/17081350/tribeca-clocktower-building-108-leonard-sales August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827153035/https://ny.curbed.com/2018/3/5/17081350/tribeca-clocktower-building-108-leonard-sales dead The building has 152 condominiums,Condominium Offering Plan 2017 . 340 which span floors 2 through 16. The clock tower contains a three-story, 6,252 ft2 on penthouse apartment with five bedrooms and three terraces.Simms Demetrius May 21, 2024 This $24.4 Million Penthouse Caps a Landmark Building in New York City https://robbreport.com/shelter/homes-for-sale/crown-penthouse-new-york-tribeca-1235622976/ August 22, 2024 Robb ReportCohen Michelle June 26, 2024 With a private elevator and terraces, this $24.5M Tribeca triplex embodies downtown penthouse living https://www.6sqft.com/with-a-private-elevator-and-terraces-this-24-5m-tribeca-triplex-embodies-downtown-penthouse-living/ August 22, 2024 6sqft Four of the units (PH West, 15A, PH North, and PH East) contain private elevators. Each unit's ceilings range from 9 to 14 ft high; on the three highest stories, the apartments have ceilings measuring up to 15 ft high. The apartments also have "gallery walls", which can display art, as well as kitchens and bathrooms with marble. The building's condominiums contain wooden floors with oak planks laid in a chevron pattern,Chen Joyce July 20, 2020 Nicole Kidman and Keith Urban Buy Tribeca Pied-à-Terre https://www.architecturaldigest.com/story/nicole-kidman-and-keith-urban-buy-tribeca-pied-a-terre August 25, 2022 Architectural Digest August 25, 2022 https://web.archive.org/web/20220825224815/https://www.architecturaldigest.com/story/nicole-kidman-and-keith-urban-buy-tribeca-pied-a-terre live and some of the condos contain exterior terraces.Condominium Offering Plan 2017 . 323 There are fireplaces in two of the apartments on floor 3 (within the former executive offices), as well as in 11 penthouse apartments. The northeastern corner of floor 5, which was also designated as a New York City interior landmark, was adapted into a three-bedroom apartment. 108 Leonard contains a 20000 ft2 on amenity space for residents, such as a swimming pool, fitness center, roof deck, and wine cellar. The swimming pool in the cellar measures 75 by 12 ft across; next to it are a hot tub, steam room, and men's and women's locker rooms.Condominium Offering Plan 2017 . 338–339 The cellar also includes a fitness center, a children's playroom, and a residents' lounge with sitting and pantry areas.Condominium Offering Plan 2017 . 339 The building has two bicycle-storage rooms, with a combined capacity of 76 bikes, as well as two package rooms, one each at the residential lobbies on Leonard Street and Broadway. Underneath the Leonard Street sidewalk are vaults at cellar level, which contain 30 private storage bins for residents.Condominium Offering Plan 2017 . 332 There is also a parking lot within a portion of the basement.October 10, 2018 108 Leonard Street – The Peebles Corporation https://peeblescorp.com/project/108-leonard-street August 30, 2022 The Peebles Corporation – Affirmative Development March 6, 2022 https://web.archive.org/web/20220306053057/https://peeblescorp.com/project/108-leonard-street liveCondominium Offering Plan 2017 . 338 The parking lot includes 29 parking spaces (26 for residents and three for visitors), as well as an access driveway from Leonard Street, which doubles as a heated motor court. A private deck for residents is located at floors 16 and 17, above the lower and upper levels of the penthouse, respectively. History The New York Life Insurance Company had been chartered in 1841 and was originally located in the Financial District of Lower Manhattan.Swarns Rachel L. December 18, 2016 Insurance Policies on Slaves: New York Life's Complicated Past en-US The New York Times https://www.nytimes.com/2016/12/18/us/insurance-policies-on-slaves-new-york-lifes-complicated-past.html live February 25, 2020 https://web.archive.org/web/20200301060911/https://www.nytimes.com/2016/12/18/us/insurance-policies-on-slaves-new-york-lifes-complicated-past.html March 1, 2020 0362-4331Landmarks Preservation Commission 1987 . 2 The firm was originally known as the Nautilus Insurance Company, but it assumed the New York Life name in 1849. Its previous structures in New York City had been clustered around Lower Manhattan.http://s-media.nyc.gov/agencies/lpc/lp/2067.pdf New York Life Insurance Company Building Presa Donald G. October 24, 2000 New York City Landmarks Preservation Commission 4 August 31, 2022 December 26, 2016 https://web.archive.org/web/20161226211018/http://s-media.nyc.gov/agencies/lpc/lp/2067.pdf live By the late 19th century, life insurance companies generally had their own buildings for their offices and branch locations. According to architectural writer Kenneth Gibbs, these buildings allowed each individual company to instill "not only its name but also a favorable impression of its operations" in the general public.http://s-media.nyc.gov/agencies/lpc/lp/1541.pdf Germania Life Insurance Company Building September 6, 1988 New York City Landmarks Preservation Commission 7 August 31, 2022 October 12, 2019 https://web.archive.org/web/20191012005524/http://s-media.nyc.gov/agencies/lpc/lp/1541.pdf liveGibbs 1984 . 25 This had been a trend since 1870,Gibbs 1984 . 24 when the Equitable Life Insurance Company completed the first Equitable Life Building in Manhattan's Financial District.Gibbs 1984 . 39 Furthermore, life insurance companies of the late 19th and early 20th centuries generally built massive buildings to fit their large clerical and records-keeping staff.Moudry Roberta https://books.google.com/books?id=gspVWg2WRR0C The American Skyscraper: Cultural Histories Cambridge University Press 2005 978-0-52162-421-3 Moudry Roberta 122 The Corporate and the Civic: Metropolitan Life's Home Office Building August 31, 2022 June 25, 2021 https://web.archive.org/web/20210625212208/https://books.google.com/books?id=gspVWg2WRR0C live New York Life headquarters Original building thumb|250px|Original building before being extended and then replaced After plans for the Equitable Life Building were announced, New York Life devised plans for its own headquarters in Lower Manhattan.Landmarks Preservation Commission 1987 . 6 In 1868, the company selected a site at 346 Broadway, which had formerly contained publishing firm D. Appleton & Company's headquarters.February 27, 1868 Life Insurance in the United States.: New and Magnificent Building to Be Erected for the Equitable Life Insurance Company 39 9 1 125408313 New York Evangelist Following an architectural design competition in late 1867, New York Life had hired architect Griffith Thomas to design its new edifice.National Park Service 1982 . 4Bryant & Gilman, James Renwick Jr., and Leopold Eidlitz also participated in the competition. The structure is variously described as having been built in the Second Empire style or the Italianate style. New York Life and Equitable Life competed to develop their respective headquarters; the two firms' structures even opened on the same day, May 1, 1870.Stern Mellins Fishman 1999 . 396 The two designs inspired those of other insurance buildings nearby, including the headquarters of Mutual Life, Metropolitan Life, and Germania Life.Landmarks Preservation Commission 1987 . 7 The 85 ft m -high mid building, with four stories and a raised basement, occupied the western half of the block.May 1, 1870 The New Building of the New York Life Insurance Company 1 4 129 503300747 The Technologist, or Industrial Monthly : a Practical Journal for Manufacturers, Mechanics, Builders, Inventors, Engineers, Architects (1870–1876)November 18, 1928 New York Life Co. Moves to Madison Sq.; Formal Opening of New Thirty- four-Story Structure on Old Garden Site Dec. 12. en-US The New York Times https://www.nytimes.com/1928/11/18/archives/new-york-life-co-moves-to-madison-sq-formal-opening-of-new-thirty.html August 29, 2022 0362-4331 February 26, 2020 https://web.archive.org/web/20200226152051/https://www.nytimes.com/1928/11/18/archives/new-york-life-co-moves-to-madison-sq-formal-opening-of-new-thirty.html live The site was irregularly shaped, with a frontage of about 200 ft on Leonard Street and Catherine Lane.March 28, 1868 New York Life Insurance Co's New Building https://rerecord.library.columbia.edu/document.php?vol=ldpd_7031128_001&page=ldpd_7031128_001_00000022&no=1 The Real Estate Record: Real estate record and builders' guide 1 4 columbia.edu 2 August 31, 2022 August 28, 2022 https://web.archive.org/web/20220828000738/https://rerecord.library.columbia.edu/document.php?vol=ldpd_7031128_001&page=ldpd_7031128_001_00000022&no=1 live Its marble facade included Ionic columns in a manner resembling the Erechtheion in Athens, as well as heavy plate-glass windows.June 12, 1869 New York Illustrated.--No. 2. 11 5 124331062 Appletons' Journal of Literature, Science and Art The basement had brick-and-stone walls; the site sloped downward to the east, where the basement contained storefronts. The central portion of the building was three stories high (excluding the basement) and was flanked by four-story pavilions at either end. The main entrance on Broadway was through a portico, topped by a pediment with an eagle. Running west-east across the first floor was a 12 ft m -wide mid hallway, which was flanked by two large rooms and connected to a stair with an elevator shaft. The old New York Life Building was one of the first buildings in New York City with an elevator.Zukowsky Jerome August 26, 1962 Relics of the Birth Of the Skyscraper E9 New York Herald Tribune 1941-0646 1325523816 After the building opened, Henry Fernbach designed a mansard roof, which was completed in 1879. Annex and replacement New York Life gradually purchased the lots on the eastern portion of the block, extending east to Lafayette Street (then known as Elm Street). By the early 1890s, New York Life had acquired all buildings on the eastern portion of the block. New York Life decided to host a closed design competition, hiring five architects and firms (Stephen Decatur Hatch, McKim, Mead & White, George B. Post, Babb, Cook & Willard, and Daniel Burnham) to design an annex to the existing building. This annex would be a 12-story structure faced with marble, except on Catherine Lane, where the facade would be made of brick. Each of the competitors would receive $500 for participating. New York Life had prioritized "the largest possible income...consistent with proper light and air" extending east to Lafayette Street (then known as Elm Street). Architects at the time were typically paid a 5 percent commission, but New York Life was reluctant to pay such a high commission. Four of the five competitors agreed not to receive less than a 5 percent commission, but Hatch was content with a 3.5 percent commission.Landmarks Preservation Commission 1987 . 7–8thumb|The Lafayette Street pavilion, part of the eastern annex, which was completed in 1896 The company decided in August 1893 to hire Hatch, who was less well-known than the other competitors, to design the annex.Landmarks Preservation Commission 1987 . 8 Plans for the annex were filed in April 1894.April 21, 1894 New Buildings and Alterations 12 The New York Times 0362-4331 95238715April 21, 1894 Out Among the Builders https://rerecord.library.columbia.edu/document.php?vol=ldpd_7031148_013&page=ldpd_7031148_013_00000660&no=7 The Real Estate Record: Real estate record and builders' guide 53 622 columbia.edu 1362 August 31, 2022 August 28, 2022 https://web.archive.org/web/20220828020140/https://rerecord.library.columbia.edu/document.php?vol=ldpd_7031148_013&page=ldpd_7031148_013_00000660&no=7 live The project would also involve masonry contractor L. W. Armstrong, marble contractor Norcross Company, iron contractor Post and McCord, and carpenter E. Hilbrand. Construction commenced in May 1894, but Hatch died three months later, before construction was completed. After Hatch's death, McKim, Mead & White took over the project,83 designing an annex that extended about 200 ft west from Elm Street.August 29, 1895 For a Modern Building: the New-York Life Insurance Company's New Home Mars Said to Be Nearly Completed for an Imposing Twelve-story Structure to Cost $2,000,000 11 New-York Tribune 574076029 The annex ultimately cost $1.5 million to construct. The Merchant's Club moved into the top two stories of the annex, which opened in February 1896.February 5, 1896 Merchants' Club's Home; New Quarters in the New-York Life Insurance Company's Building en-US The New York Times https://www.nytimes.com/1896/02/05/archives/merchants-clubs-home-new-quarters-in-the-newyork-life-insurance.html August 28, 2022 0362-4331 August 28, 2022 https://web.archive.org/web/20220828020138/https://www.nytimes.com/1896/02/05/archives/merchants-clubs-home-new-quarters-in-the-newyork-life-insurance.html live The New-York Tribune wrote that the structure would be "one of the most striking improvements in Broadway" south of Canal Street. The New York Times described the New York Life Building as being in a "rivalry" with the Central National Bank Building to the south, at Pearl Street and Broadway. During the construction of the annex, New York Life decided to replace the original building as well. Although the white-marble facade, cornices, arched windows, and the proportions of the annex harmonized with that of the original building, New York Life officials felt the juxtaposition of the original building and annex "would not be an aesthetic success". M cKim, Mead & White designed the replacement in the Italian Renaissance Revival style. The replacement structure and its clock tower were designed by Henry Bacon of McKim, Mead & White, under the supervision of William Rutherford Mead.Landmarks Preservation Commission 1987 . 9 In December 1895, McKim, Mead & White filed plans for the structure at a projected cost of $1 million.December 27, 1895 In the Real Estate Field; Plans for an Addition to the New York Life Building and for a Theatre – The Auction Offerings. en-US The New York Times https://www.nytimes.com/1895/12/27/archives/in-the-real-estate-field-plans-for-an-addition-to-the-new-york-life.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826183835/https://www.nytimes.com/1895/12/27/archives/in-the-real-estate-field-plans-for-an-addition-to-the-new-york-life.html live During the replacement building's construction, falling masonry injured two workers in 1896,September 23, 1896 A Wall Tumbles Down on Masons: Bricks Become Dislodged and Fall on Two Workmen at the New-York Life Building 8 New-York Tribune 574224158 and an elevator collapsed and injured six workers in 1897.February 3, 1897 Elevator Falls: Six Hurt: Their Presence of Mind Probably Saves Them From More Serious Injury 1 New-York Tribune 574278130February 3, 1897 Six Fall Seven Stories; Elevator Drops to the Cellar of a New Building. Presence of Mind of One of the Men Probably Saved His Companions from Serious Injury – None of Them Badly Hurt. en-US The New York Times https://www.nytimes.com/1897/02/03/archives/six-fall-seven-stories-elevator-drops-to-the-cellar-of-a-new.html August 28, 2022 0362-4331 August 28, 2022 https://web.archive.org/web/20220828134658/https://www.nytimes.com/1897/02/03/archives/six-fall-seven-stories-elevator-drops-to-the-cellar-of-a-new.html live As part of the project, New York Life wanted to take over Catherine Lane and build vaults underneath it; this was difficult because the alley was city-owned property.July 23, 1896 Catherine Lane in Dispute: Interesting Questions Before the Public Works Department the Right of the American Safe Deposit Company to Maintain Its Vaults Under Fifth-ave, and Forty-second-st. Questioned 5 New-York Tribune 574202638 In addition, New York Life wanted to build an entrance portico on Broadway, but New York City's commissioner of public works had initially forbidden the portico's construction. New York Life was eventually allowed to build a projecting portico with six columns and an ornate balustrade. The Merchants' Association moved into the ground floor of the structure in July 1897.August 1, 1897 Its Work in July: the Merchants Association Has Had a Home Only One, Month—what It Was Accomplished 4 New-York Tribune 574341238 McKim, Mead & White completed the replacement building in April 1898.Roth 1983 403, writes that the plans for the building had been drawn in 1894, with construction beginning in 1896. According to Roth, the eastern section was completed in 1898, and the western section was completed the following year. However, The New York Times reports that the eastern section was already open by 1896. Early 20th century New York Life occupied the rebuilt edifice for three decades after the expansions were completed, and the structure became known as the "Temple of Humanity".Thompson Stephen G. October 24, 1948 2 Office Buildings Help to Put 39 Students Through College: Turned Over to Jessie Noyes Fund by Realty Man Who Founded Ii, They Are Expected to Assist 3 or 4 Times as Many During Next Year A4 New York Herald Tribune 1941-0646 1324175368 In the early 1900s, tenants included law firm Sullivan, Goldsmith & Engel;Jan 1901 The New York City Bar: Matters of Interest to Attorneys Practicing Within the Limits of Greater New York 9 1 24 125713462 The American Lawyer numbering-machine manufacturer Bates Machine Company;May 1, 1905 Manufacturers' Notes 11 9 42 503909902 Machinery and bank Trust Company of the Republic.March 27, 1902 Trust Co. Of the Republic 8 Wall Street Journal 0099-9660 128868139 New York Life bought an adjacent site in 1904, intending to construct a quarters for the company's growing clerical staff.April 15, 1904 New York Life's Big "Workshops" for Clerks; Buys Site Adjoining Its Annex in Elm Street for $850,000. en-US The New York Times https://www.nytimes.com/1904/04/15/archives/new-york-lifes-big-workshops-for-clerks-buys-site-adjoining-its.html August 29, 2022 0362-4331September 11, 1904 Elm-st. Up in Arms: Opposed to Branch "L." New-York Life, Which Has a Block, Will Aid the Fight 1 New-York Tribune 571504649 Afterward, the company rented out the newly vacated space at 346 Broadway. Ten people were hurt in 1911 when an elevator in the building fell down eight stories.December 2, 1911 Crowded Elevator Drops Eight Stories; Ten Persons Hurt, Two Seriously, in an Unexplained Accident in the New York Life Building. en-US The New York Times https://www.nytimes.com/1911/12/02/archives/crowded-elevator-drops-eight-stories-ten-persons-hurt-two-seriously.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145444/https://www.nytimes.com/1911/12/02/archives/crowded-elevator-drops-eight-stories-ten-persons-hurt-two-seriously.html liveDecember 2, 1911 Elevator Falls 8 Stories: of Ten Persons in Life Insurance ... Two Are Seriously Hurt 4 New-York Tribune 574858622 The next year, the portico in front of the building's Broadway entrance was removed. By the late 1910s, the surrounding area had become a hub for fashion and textile companies. At the time, four stories in the New York Life Building were devoted exclusively to hosiery and underwear firms.July 15, 1917 Old Dry Goods Centre Shows Big Business Improvement; New Association Formed by Over One Hundred Hosiery and Underwear Merchants in Broadway section From Worth to Franklin Street;-Store and Loft Space Well Leased;- Many Ancient Structures Need Modern Equipment en-US The New York Times https://www.nytimes.com/1917/07/15/archives/old-dry-goods-centre-shows-big-business-improvement-new-association.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145444/https://www.nytimes.com/1917/07/15/archives/old-dry-goods-centre-shows-big-business-improvement-new-association.html live During the 1920s, New York Life underwent another period of rapid growth, and the company's operations could no longer fit in the 346 Broadway building. As a result, New York Life decided to expand into the upper floors, which were occupied by knitted-goods firms;October 12, 1923 Knit Goods Centre Will Move en Bloc; Will Seek Joint Quarters, and, if Necessary, Will Erect Own Building. en-US The New York Times https://www.nytimes.com/1923/10/12/archives/knit-goods-centre-will-move-en-bloc-will-seek-joint-quarters-and-if.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145444/https://www.nytimes.com/1923/10/12/archives/knit-goods-centre-will-move-en-bloc-will-seek-joint-quarters-and-if.html live all the knitted-goods tenants decided to relocate across Broadway simultaneously.October 21, 1923 Will Build Knit Goods Center for Selling Agents C8 New-York Tribune 1114732203October 20, 1923 Knit Goods Selling Agents Plan Building: Will Erect 12 Story Structure Downtown to House Offices of Participating Firms Women's Wear 27 92 2, 14 1666200260 Even this was not enough for New York Life, which in 1924 announced plans to build a skyscraper uptown at 51 Madison Avenue, on the site of Madison Square Garden.May 17, 1924 28-story Building to Replace Garden; New York Life Files Tentative Plans of Cass Gilbert for New $15,000,000 Home en-US The New York Times https://www.nytimes.com/1924/05/17/archives/28story-building-to-replace-garden-new-york-life-files-tentative.html live February 26, 2020 https://web.archive.org/web/20200226152051/https://www.nytimes.com/1924/05/17/archives/28story-building-to-replace-garden-new-york-life-files-tentative.html February 26, 2020 0362-4331May 17, 1924 Garden Picked For 28-Story Building Site: New York Life Insurance Company Files Plans for Skyscraper Office Pile in Madison Square Zone Rules May Intervene Belief Expressed by Some That. Officials Will Not Issue Permit for Structure 5 The New York Herald, New York Tribune 1112970305 A one-foot-square piece of masonry fell from 346 Broadway in 1927, although no one was hurt.Gray Christopher April 24, 2014 A Law and the Face of the City en-US The New York Times https://www.nytimes.com/2014/04/27/realestate/a-law-and-the-face-of-the-city.html August 30, 2022 0362-4331 June 16, 2022 https://web.archive.org/web/20220616224643/https://www.nytimes.com/2014/04/27/realestate/a-law-and-the-face-of-the-city.html live On November 15, 1928, New York Life transferred 75 million documents representing $6.85 billion in policies to the new building.November 16, 1928 Moving Day Begins for New York Life; Shift of Insurance Company to Its New Building Is Huge Undertaking. en-US The New York Times https://www.nytimes.com/1928/11/16/archives/moving-day-begins-for-new-york-life-shift-of-insurance-company-to.html live February 26, 2020 https://web.archive.org/web/20200226190303/https://www.nytimes.com/1928/11/16/archives/moving-day-begins-for-new-york-life-shift-of-insurance-company-to.html February 26, 2020 0362-4331November 15, 1928 3,000 Start To-day to Move New York Life's Records: Transfer to New Building, Will Require Four Days and Nights 21 New York Herald Tribune 1941-0646 1113602031 An additional $675 million in securities was transported to the new structure, protected by 100 armored cars with machine guns.November 26, 1928 $675,000,000 Securities Moved in Streets; Go in 100 Loads to New York Life's New Home en-US The New York Times https://www.nytimes.com/1928/11/26/archives/675000000-securities-moved-in-streets-go-in-100-loads-to-new-york.html live February 26, 2020 https://web.archive.org/web/20200226190307/https://www.nytimes.com/1928/11/26/archives/675000000-securities-moved-in-streets-go-in-100-loads-to-new-york.html February 26, 2020 0362-4331November 26, 1928 $675,000,000 Property Moved By N. Y. Life: Armored Caravan Is Guided Like Troops in Action From Old. Building to New Over Mile-Long Route A Whole Day Is Required for Shift of Securities 18 New York Herald Tribune 1941-0646 1113508615 Private office building thumb|View of the building from Collect Pond Park to the east After New York Life vacated 346 Broadway, the building started to attract clothing firms.November 26, 1930 Sportswear: New York Life Building Develops Outerwear Colony Women's Wear Daily 41 105 SII9 1653609579September 3, 1930 Real Estate Transactions and Projects Reported From the Metropolitan and Suburban Fields: Tenant Returns To Old New York Life Building A. S. Smith & Son Takes Space at Same Address Used Thirty Years Ago 37 New York Herald Tribune 1941-0646 1113749626 Among these companies was A. A. Smith & Son, which had been one of the building's first tenants but had moved out during the 1910s. The building's tenants included three outerwear producers at the end of 1930, and the Charles F. Noyes Company took over as the building's leasing agent the same year.March 2, 1930 Noyes Named as Agent; Takes Charge of Coffee Exchange and Other Buildings. en-US The New York Times https://www.nytimes.com/1930/03/02/archives/noyes-named-as-agent-takes-charge-of-coffee-exchange-and-other.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145444/https://www.nytimes.com/1930/03/02/archives/noyes-named-as-agent-takes-charge-of-coffee-exchange-and-other.html liveMarch 3, 1930 Real Estate Notes 4 Wall Street Journal 0099-9660 130824954 Several city government agencies then leased space in the building, including the Department of Water Supply (which leased the basement, 11th, and 12th floors);March 26, 1930 Real Estate News and Projects: Business Space Rentals Reach Large Figures Brokers Report Activity Throughout Wide Area as Many Firms Migrate 38 New York Herald Tribune 1941-0646 1113283953 the Department of Public Welfare;July 23, 1931 Mid-Manhattan Business Space In Good Demand: Tuberculosis Association Leases 4th Avenue Space; Other Rentals Reported 34 New York Herald Tribune 1941-0646 1114127912June 11, 1931 Court Loses Fight on City Department: Sanitation Bureau Gets Lease as Co-tenant Despite Protest of Justice Kernochan en-US The New York Times https://www.nytimes.com/1931/06/11/archives/court-loses-fight-on-city-department-sanitation-bureau-gets-lease.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145445/https://www.nytimes.com/1931/06/11/archives/court-loses-fight-on-city-department-sanitation-bureau-gets-lease.html live and the Department of Finance's Emergency Revenue division.May 23, 1942 City Finance Unit Makes Short Move; Emergency Revenue Division to Go From 346 to 350 Broadway en-US The New York Times https://www.nytimes.com/1942/05/23/archives/city-finance-unit-makes-short-move-emergency-revenue-division-to-go.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826154038/https://www.nytimes.com/1942/05/23/archives/city-finance-unit-makes-short-move-emergency-revenue-division-to-go.html liveMay 20, 1942 City Tax Unit to Move 36 New York Herald Tribune 1941-0646 1264496779 Other tenants around this time included the Veterans Voters League.August 6, 1933 Veterans Pushing Congress Fight; Municipal Council of Voters' League Planning for Nationwide Body en-US The New York Times https://www.nytimes.com/1933/08/06/archives/veterans-pushing-congress-fight-municipal-council-of-voters-league.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145445/https://www.nytimes.com/1933/08/06/archives/veterans-pushing-congress-fight-municipal-council-of-voters-league.html live When the New York state government's Mortgage Commission Servicing Corporation leased four floors in 1935, the structure was renamed the Mortgage Commission Servicing Corporation Building.October 27, 1935 State Mortgage Agency Leases Broadway Area: Servicing Corporalion to Occupy Offices in Former New York Life Quarters H1 New York Herald Tribune 1941-0646 1237360566 The corporation moved into the building that DecemberDecember 8, 1935 Servicing Group in New Quarters: Open Tomorrow at Broadway and Leonard Street RE1 The New York Times 0362-4331 101276222 and leased two more stories shortly afterward, occupying half of the structure.December 20, 1935 State Mortgage Branch Adds to Broadway Unit: Servicing Corp. Takes Two Additional Downtown Floors; Other Rentals 46 New York Herald Tribune 1941-0646 1222022904 The building was fully occupied in the early 1940s.February 18, 1941 Buildings Here Hold 100 P. C. Safety Records: Equitable and Presbyterian Structures Accident Prevention Drive Winners 33 New York Herald Tribune 1941-0646 1263673858 The New York branch of the federal government's Veterans Administration moved into 346 Broadway in 1942, leasing four floors with an option for four more.June 2, 1942 Veteran Bureau Builds Up Staff in Offices Here: More Workers Report From Capital, Total Eventually Will Be 3.000 to 4,000 15 New York Herald Tribune 1941-0646 1263623473 The VA expanded its space the next year,May 1, 1943 Shift Veterans' Offices; Budget Officials Order 300 More Sent to New York en-US The New York Times https://www.nytimes.com/1943/05/01/archives/shift-veterans-offices-budget-officials-order-300-more-sent-to-new.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826154037/https://www.nytimes.com/1943/05/01/archives/shift-veterans-offices-budget-officials-order-300-more-sent-to-new.html live and it occupied the entirety of 346 Broadway and the neighboring 350 Broadway by 1944.June 26, 1944 Veterans' Bureau Takes Added Space; To Occupy Entire Buildings at 346 and 350 Broadway en-US The New York Times https://www.nytimes.com/1944/06/26/archives/veterans-bureau-takes-added-space-to-occupy-entire-buildings-at-346.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145541/https://www.nytimes.com/1944/06/26/archives/veterans-bureau-takes-added-space-to-occupy-entire-buildings-at-346.html live New York Life sold the building in August 1945 to the City Investing Company, led by Robert Dowling.Casey M V August 19, 1945 New York Life Sells Its Old Headquarters: Ends Half-Century Ownership of 34–6 Broadway City Investing Co. Buyer Bought by Dowling A11 New York Herald Tribune 1941-0646 1267880114Foley Maurice August 19, 1945 Broadway Block in First Big Sale Since End of War; Dowling Buys Old New York Life Insurance Offices at Leonard Street en-US The New York Times https://www.nytimes.com/1945/08/19/archives/broadway-block-in-first-big-sale-since-end-of-war-dowling-buys-old.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826154038/https://www.nytimes.com/1945/08/19/archives/broadway-block-in-first-big-sale-since-end-of-war-dowling-buys-old.html live The building was renovated around 1947, when steam pipes and electric elevators were installed.January 2, 1952 Syndicate Obtains Downtown Block; Group Buys Office Building at 346 Broadway From the City Investing Company en-US The New York Times https://www.nytimes.com/1952/01/02/archives/syndicate-obtains-downtown-block-group-buys-office-building-at-346.html August 26, 2022 0362-4331 August 26, 2022 https://web.archive.org/web/20220826154037/https://www.nytimes.com/1952/01/02/archives/syndicate-obtains-downtown-block-group-buys-office-building-at-346.html live Charles F. Noyes and the City Investing Company each owned a 50 percent stake in the building until 1948, when Noyes gave his ownership stake to the Jessie Smith Noyes Foundation to fund scholarships for college students. The East New York Savings Bank placed a $1 million mortgage loan on the building in 1951.April 21, 1951 Downtown Block Gets a New Loan; $1,000,000 Placed on Offices at 346 Broadway $6,619,000 on Mt. Vernon Housing en-US The New York Times https://www.nytimes.com/1951/04/21/archives/downtown-block-gets-a-new-loan-1000000-placed-on-offices-at-346.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145449/https://www.nytimes.com/1951/04/21/archives/downtown-block-gets-a-new-loan-1000000-placed-on-offices-at-346.html live The VA office in the building was transferred to Philadelphia the same year.July 27, 1951 V.A. To Transfer a New York Unit; Boston Also to Be Handled by Philadelphia—Service to Veterans Not to Be Cut en-US The New York Times https://www.nytimes.com/1951/07/27/archives/va-to-transfer-a-new-york-unit-boston-also-to-be-handled-by.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145449/https://www.nytimes.com/1951/07/27/archives/va-to-transfer-a-new-york-unit-boston-also-to-be-handled-by.html live The City Investing Company sold 346 Broadway to New York Equities,August 17, 1966 News of Realty: Sale on East Side; 17-Story Office Building on 55th St. Is Purchased en-US The New York Times https://www.nytimes.com/1966/08/17/archives/news-of-realty-sale-on-east-side-17story-office-building-on-55th-st.html August 29, 2022 0362-4331 March 31, 2018 https://web.archive.org/web/20180331183131/https://www.nytimes.com/1966/08/17/archives/news-of-realty-sale-on-east-side-17story-office-building-on-55th-st.html live a syndicate led by David Rapoport, at the beginning of 1952. At the time, the building was valued at $1 million, while the land was worth an additional $1.6 million.January 2, 1952 David Rapoport Group Acquires 346 Broadway 55 New York Herald Tribune 1941-0646 1322075562 During this decade, tenants included the Office of Price Stabilization,February 1, 1952 O. P. S. Office Moving; Agency Will Begin Business at 346 Broadway on Monday en-US The New York Times https://www.nytimes.com/1952/02/01/archives/o-p-s-office-moving-agency-will-begin-business-at-346-broadway-on.html live May 5, 2022 https://web.archive.org/web/20220505200848/https://www.nytimes.com/1952/02/01/archives/o-p-s-office-moving-agency-will-begin-business-at-346-broadway-on.html May 5, 2022 0362-4331 as well as recruitment offices for the United States NavyBeckley Paul V. July 11, 1950 Recruits Rush to Enlist in Armed Forces 1 New York Herald Tribune 1941-0646 1327269500 and the United States Marine Corps.January 4, 1951 Recruiting Gains for All Services; Marines Display First Captured North Korean Flag en-US The New York Times https://www.nytimes.com/1951/01/04/archives/recruiting-gains-for-all-services-marines-display-first-captured.html August 29, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145505/https://www.nytimes.com/1951/01/04/archives/recruiting-gains-for-all-services-marines-display-first-captured.html live In addition, the United States Agency for International Development opened a recruitment office in the main lobby in 1967.September 4, 1967 1,500 Sought Here for A.I.D. Jobs in Vietnam; Recruiting Office Will Open to Find More Workers for Pacification Program en-US The New York Times https://www.nytimes.com/1967/09/04/archives/1500-sought-here-for-aid-jobs-in-vietnam-recruiting-office-will.html August 30, 2022 0362-4331 October 3, 2022 https://web.archive.org/web/20221003063453/https://www.nytimes.com/1967/09/04/archives/1500-sought-here-for-aid-jobs-in-vietnam-recruiting-office-will.html live City government ownership thumb|Entrance to the building from Leonard Street In 1967, the New York City government acquired the building and moved several city agencies there. The city's Summons Court, which itself was nicknamed "346", moved into the building.Goldstein Tom January 24, 1979 Judges Find Criminal Courts Wanting en-US The New York Times https://www.nytimes.com/1979/01/24/archives/judges-find-criminal-courts-wanting-abomination-breitel-called-it.html August 30, 2022 0362-4331 October 3, 2022 https://web.archive.org/web/20221003063454/https://www.nytimes.com/1979/01/24/archives/judges-find-criminal-courts-wanting-abomination-breitel-called-it.html live 346 Broadway also hosted some Criminal Court cases during the early 1970s,Oelsner Lesley April 19, 1972 Study Calls Court Space Badly Used en-US The New York Times https://www.nytimes.com/1972/04/19/archives/study-calls-court-space-badly-used.html August 30, 2022 0362-4331 October 3, 2022 https://web.archive.org/web/20221003063455/https://www.nytimes.com/1972/04/19/archives/study-calls-court-space-badly-used.html live as well as the Criminal Court's Summons Part office, where residents could file complaints about incidents where the New York City Police Department declined to make an arrest.Greer William R. March 25, 1985 City Police Have Changed Their Approach to Family Disputes en-US The New York Times https://www.nytimes.com/1985/03/25/nyregion/city-police-have-changed-their-approach-to-family-disputes.html August 30, 2022 0362-4331 May 24, 2015 https://web.archive.org/web/20150524171804/http://www.nytimes.com/1985/03/25/nyregion/city-police-have-changed-their-approach-to-family-disputes.html live The first alternative dispute resolution center in New York City opened within the building in 1975.Lord M.G. November 5, 1989 In Case You'd Rather Skip Your Day in Court 09 Newsday 278171943 The Clocktower art gallery, operated by the Institute for Art and Urban Resources,Raynor Vivien Grundberg Andy February 15, 1985 The Downtown Scene: a Sampler of What's New and Still Fresh South of 14th Street; Art/photography en-US The New York Times https://www.nytimes.com/1985/02/15/arts/downtown-scene-sampler-what-s-new-still-fresh-south-14th-street-art-photography.html August 30, 2022 0362-4331 January 21, 2021 https://web.archive.org/web/20210121224531/https://www.nytimes.com/1985/02/15/arts/downtown-scene-sampler-what-s-new-still-fresh-south-14th-street-art-photography.html live had opened by 1973; it occupied an underused space on the 13th floor.Smith Roberta October 31, 1997 Art Review; More Spacious and Gracious, Yet Still Funky at Heart en-US The New York Times https://www.nytimes.com/1997/10/31/arts/art-review-more-spacious-and-gracious-yet-still-funky-at-heart.html August 30, 2022 0362-4331 June 17, 2022 https://web.archive.org/web/20220617135127/https://www.nytimes.com/1997/10/31/arts/art-review-more-spacious-and-gracious-yet-still-funky-at-heart.html live The Summons Court was handling one hundred thousand cases annually by the late 1970s. Meanwhile, the building had become dilapidated; The New York Times wrote that "the rooms at 346 have not been painted in at least a dozen years, dirt on the windows blocks out the sun and more than half the light fixtures have broken bulbs". The Criminal Court Summons Part was relocated from the building in 1979, at which point between 2.5 million and 3 million summonses were stored in cabinets and drawers across the building.Blumenthal Ralph November 9, 1979 Summonses File Holds 30 Million In Unpaid Fines: Overdue Warrants Linked to Lack of Enforcement 500 Summonses for One Peddler Parking Violations Not Involved Overdue Summonses, Valued at $30 Million In Fines, Still in File en-US The New York Times https://www.nytimes.com/1979/11/09/archives/summonses-file-holds-30-million-in-unpaid-fines-overdue-warrants.html August 30, 2022 0362-4331 August 31, 2022 https://web.archive.org/web/20220831145743/https://www.nytimes.com/1979/11/09/archives/summonses-file-holds-30-million-in-unpaid-fines-overdue-warrants.html liveCrane Robert Hirschfeld Neal November 1, 1979 City court summons part is issued a death notice 244 New York Daily News newspapers.com https://www.newspapers.com/clip/108609263/city-court-summons-part-is-issued-a/ August 30, 2022 August 31, 2022 https://web.archive.org/web/20220831145736/https://www.newspapers.com/clip/108609263/city-court-summons-part-is-issued-a/ live City employees Marvin Schneider and Eric Reiner restored 346 Broadway's clock in 1980.Dunlap David W. April 1, 2016 A Manhattan Clock Tower Will Keep What Makes It Tick en-US The New York Times https://www.nytimes.com/2016/04/01/nyregion/a-manhattan-clock-tower-will-keep-what-makes-it-tick.html August 27, 2022 0362-4331 August 25, 2022 https://web.archive.org/web/20220825172850/https://www.nytimes.com/2016/04/01/nyregion/a-manhattan-clock-tower-will-keep-what-makes-it-tick.html live The city government would not let Schneider and Reiner fix the clock without liability insurance, so New York Life donated an insurance policy for the two men.Ramirez Anthony March 8, 1998 Making It Work; The Hand Behind the Hands en-US The New York Times https://www.nytimes.com/1998/03/08/nyregion/making-it-work-the-hand-behind-the-hands.html August 30, 2022 0362-4331 January 31, 2018 https://web.archive.org/web/20180131042259/http://www.nytimes.com/1998/03/08/nyregion/making-it-work-the-hand-behind-the-hands.html live Schneider had never fixed a clock before, but he thought 346 Broadway's broken clock signified "a city that wasn't working".Reid Lisa August 4, 1998 Clock master's virtual time saver 624 New York Daily News newspapers.com https://www.newspapers.com/clip/108410251/clock-masters-virtual-time-saverlisa/ August 27, 2022 August 27, 2022 https://web.archive.org/web/20220827153035/https://www.newspapers.com/clip/108410251/clock-masters-virtual-time-saverlisa/ live After fixing the clock, Schneider, Reiner, and George Whaley were asked to fix clocks in other city buildings, and they continued to wind 346 Broadway's clock every week. In addition, Schneider began petitioning the New York City Landmarks Preservation Commission (LPC) to designate the former New York Life Building as a city landmark. The building was added to the National Register of Historic Places in 1982.March 1, 1983 Federal Register: 48 Fed. Reg. 8425 (Mar. 1, 1983) https://tile.loc.gov/storage-services/service/ll/fedreg/fr048/fr048041/fr048041.pdf March 8, 2020 Library of Congress 8653 (PDF p. 237) May 5, 2021 https://web.archive.org/web/20210505234927/https://tile.loc.gov/storage-services/service/ll/fedreg/fr048/fr048041/fr048041.pdf live In part due to Schneider's advocacy, the LPC designated the building's exterior and parts of the interior as a landmark on February 12, 1987;Dunlap David W. February 11, 1987 3 Manhattan Buildings Are Named Landmarks en-US The New York Times https://www.nytimes.com/1987/02/11/nyregion/3-manhattan-buildings-are-named-landmarks.html August 28, 2022 0362-4331 January 30, 2022 https://web.archive.org/web/20220130121451/https://www.nytimes.com/1987/02/11/nyregion/3-manhattan-buildings-are-named-landmarks.html live the interior-landmark designation covered ten separate parts of the building. City officials and former Rikers Island prisoners built five courtrooms in the building during the 1980s; the new courtrooms did not include prisoner holding cells, so they were used for Civil Court cases instead of criminal cases.Johnson Kirk October 5, 1986 Five Special Judges in City Still Waiting for Courtroom en-US The New York Times https://www.nytimes.com/1986/10/05/nyregion/five-special-judges-in-city-still-waiting-for-courtroom.html August 30, 2022 0362-4331 February 3, 2018 https://web.archive.org/web/20180203111704/http://www.nytimes.com/1986/10/05/nyregion/five-special-judges-in-city-still-waiting-for-courtroom.html live By 1993, the Department of Citywide Administrative Services had restored the ninth floor for the probation department. The old New York Life Building continued to physically deteriorate through the 1990s, as many of the interior spaces had been covered with linoleum, divided by partitions, and marked by graffiti. The city's general services commissioner, William J. Diamond, said that 346 Broadway was one of the few city-owned buildings that could be feasibly converted into a private development.Perez-Pena Richard January 9, 1995 City Hall to Let Developer Save 2 Landmarks en-US The New York Times https://www.nytimes.com/1995/01/09/nyregion/city-hall-to-let-developer-save-2-landmarks.html August 30, 2022 0362-4331 May 26, 2015 https://web.archive.org/web/20150526142522/http://www.nytimes.com/1995/01/09/nyregion/city-hall-to-let-developer-save-2-landmarks.html live The interior spaces continued to be publicly accessible in the 2000s, although the clock tower was only accessible on Wednesdays.Dunlap David W. January 20, 2006 So, You Think You Can See a Landmark? en-US The New York Times https://www.nytimes.com/2006/01/20/nyregion/so-you-think-you-can-see-a-landmark.html August 30, 2022 0362-4331 January 30, 2020 https://web.archive.org/web/20200130174652/https://www.nytimes.com/2006/01/20/nyregion/so-you-think-you-can-see-a-landmark.html live The probation department and summons court remained at the building until the early 2010s.Hughes C. J. July 4, 2014 Buildings With a Past en-US The New York Times https://www.nytimes.com/2014/07/06/realestate/creating-new-york-apartments-from-unlikely-buildings.html August 30, 2022 0362-4331 June 16, 2022 https://web.archive.org/web/20220616223110/https://www.nytimes.com/2014/07/06/realestate/creating-new-york-apartments-from-unlikely-buildings.html live Residential use The Peebles Corporation, along with its partner El-Ad Group, bought the former New York Life Building from the city for $160 million in 2013; this was part of a $250 million deal that also involved the sale of 49 Chambers to the Chetrit Group.March 6, 2013 City makes $250M deal with Peebles, Chetrit Group for landmarked LoMa buildings https://therealdeal.com/2013/03/06/city-makes-250m-deal-with-peebles-chetrit-group/ live https://web.archive.org/web/20200809050257/https://therealdeal.com/2013/03/06/city-makes-250m-deal-with-peebles-chetrit-group/ August 9, 2020 September 2, 2020 The Real Deal New YorkColvin Jill Plagianos Irene March 5, 2013 City Announces Deal to Sell Two Downtown Buildings for Nearly $250M https://www.dnainfo.com/new-york/20130305/civic-center/city-announces-deal-sell-two-downtown-buildings-for-nearly-250m/ dead https://web.archive.org/web/20171118024251/https://www.dnainfo.com/new-york/20130305/civic-center/city-announces-deal-sell-two-downtown-buildings-for-nearly-250m/ November 18, 2017 September 2, 2020 DNAinfo The New York City government sold the buildings in an attempt to reduce the amount of office space that it owned.Barbarino Al March 6, 2013 Chetrit and Peebles Will Pay Combined $250 M. for City Buildings https://commercialobserver.com/2013/03/chetrit-and-peebles-will-pay-combined-250-m-for-city-buildings/ August 25, 2022 Commercial Observer August 25, 2022 https://web.archive.org/web/20220825234023/https://commercialobserver.com/2013/03/chetrit-and-peebles-will-pay-combined-250-m-for-city-buildings/ liveMoore Tina March 6, 2013 Mayor Bloomberg approves sale of two aging lower Manhattan municipal buildings for conversion into high-end condos and retail space https://www.nydailynews.com/new-york/developers-buy-aging-manhattan-buildings-chic-condos-article-1.1280447 live https://web.archive.org/web/20210105044519/https://www.nydailynews.com/new-york/developers-buy-aging-manhattan-buildings-chic-condos-article-1.1280447 January 5, 2021 September 2, 2020 New York Daily News Peebles finalized its acquisition in December 2013; it was the most expensive property to be sold by the New York City government.Barbarino Al December 11, 2013 Peebles Pays $160 M. for 346 Broadway https://commercialobserver.com/2013/12/peebles-pays-160-m-for-346-broadway/ August 25, 2022 Commercial Observer August 25, 2022 https://web.archive.org/web/20220825235700/https://commercialobserver.com/2013/12/peebles-pays-160-m-for-346-broadway/ liveDecember 18, 2013 Partners to transform 346 Broadway: Peebles Corporation https://www.thefreelibrary.com/Partners+to+transform+346+Broadway%3A+Peebles+Corporation.-a0355053927 August 25, 2022 Real Estate Weekly Free Online Library August 25, 2022 https://web.archive.org/web/20220825235659/https://www.thefreelibrary.com/Partners+to+transform+346+Broadway:+Peebles+Corporation.-a0355053927 liveMaurer Mark December 11, 2013 Peebles, Elad partner on $400M Tribeca restoration https://therealdeal.com/2013/12/11/peebles-elad-partner-on-400m-tribeca-restoration/ August 25, 2022 The Real Deal New York en-US August 25, 2022 https://web.archive.org/web/20220825235659/https://therealdeal.com/2013/12/11/peebles-elad-partner-on-400m-tribeca-restoration/ live 346 Broadway was Peebles's first property in New York City.Clarke Katherine November 1, 2013 Don Peebles enters NYC market with public-private partnerships https://therealdeal.com/issues_articles/don-peebles-enters-nyc-market-with-public-private-partnerships/ August 25, 2022 The Real Deal New York en-US August 25, 2022 https://web.archive.org/web/20220825235659/https://therealdeal.com/issues_articles/don-peebles-enters-nyc-market-with-public-private-partnerships/ live The Clocktower Gallery closed that year.Plagianos Irene November 22, 2013 Time's Up for Clocktower Gallery in TriBeCa After Four Decades https://www.dnainfo.com/new-york/20131122/tribeca/clocktower-gallery-says-goodbye-tribeca-after-four-decades August 25, 2022 DNAinfo New York August 25, 2022 https://web.archive.org/web/20220825224807/https://www.dnainfo.com/new-york/20131122/tribeca/clocktower-gallery-says-goodbye-tribeca-after-four-decades/ dead Immediately after buying the building, Peebles and El-Ad announced they would convert the building into luxury residences. As part of the project, the building would contain either 130Laterman Kaya March 13, 2015 Property – Block Party: A Makeover in Tribeca Geared Toward Families A20 Wall Street Journal 0099-9660 1662564933 or 140 residences.Higgins Michelle January 2, 2015 Year of the Condo in New York City en-US The New York Times https://www.nytimes.com/2015/01/04/realestate/year-of-the-condo-in-new-york-city.html August 30, 2022 0362-4331 August 21, 2022 https://web.archive.org/web/20220821040108/http://www.nytimes.com/2015/01/04/realestate/year-of-the-condo-in-new-york-city.html live Planning and legal issues thumb|Main residential entrance on Leonard Street John H. Beyer of architectural firm Beyer Blinder Belle proposed relocating the building's staircases, adding two penthouses, and removing fire escapes to make way for private balconies.Mercado Angely October 14, 2014 346 Broadway Conversion Plans Include Penthouse Addition https://ny.curbed.com/2014/10/14/10035920/346-broadway-conversion-plans-include-penthouse-addition August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827225601/https://ny.curbed.com/2014/10/14/10035920/346-broadway-conversion-plans-include-penthouse-addition dead The developers planned to convert the publicly accessible clock tower into a private residence, and they wished to replace the clock's mechanical workings with electric machinery; the developers shut off electricity to the clock in May 2014. The building was originally supposed to contain a hotel, plans for which had been scrapped by July 2014.July 7, 2014 In the News: Criminal Summons Court Still Unresolved https://tribecacitizen.com/2014/07/07/in-the-news-criminal-summons-court-still-unresolved/ August 30, 2022 Tribeca Citizen May 17, 2019 https://web.archive.org/web/20190517032037/https://tribecacitizen.com/2014/07/07/in-the-news-criminal-summons-court-still-unresolved/ live The development also had to include a 16000 ft2 on community space; by October 2014, local residents were expressing concerns that the developers were trying to downsize the community space.Woods Amanda October 12, 2014 Broken Promises Claimed in Condo Conversion of Landmark Building http://tribecatrib.com/content/broken-promises-claimed-condo-conversion-landmark-building August 27, 2022 Tribeca Trib Online August 27, 2022 https://web.archive.org/web/20220827232118/http://tribecatrib.com/content/broken-promises-claimed-condo-conversion-landmark-building liveRosenberg Zoe October 13, 2014 346 Broadway Conversion Hits Snag Over Community Space https://ny.curbed.com/2014/10/13/10036024/346-broadway-conversion-hits-snag-over-community-space August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827233620/https://ny.curbed.com/2014/10/13/10036024/346-broadway-conversion-hits-snag-over-community-space dead The LPC voted in December 2014 to grant a "certificate of appropriateness" to the clock tower's conversion, despite public opposition to that part of the project.December 17, 2014 In the News: Big Broadway Clock to Be Made Electric https://tribecacitizen.com/2014/12/17/in-the-news-big-broadway-clock-to-be-made-electric/ August 27, 2022 Tribeca Citizen August 27, 2022 https://web.archive.org/web/20220827225602/https://tribecacitizen.com/2014/12/17/in-the-news-big-broadway-clock-to-be-made-electric/ live Schneider continued to visit the building every week to wind the clock until March 2015, when the developers stopped granting him access to the clock tower. Negotiations over aspects of the design continued for several months. The city had temporarily leased back some space for the summons court and probation department, but the lease ran only until October 2015. Initially, the city government had intended to relocate the summons court to another building in Tribeca,Buckley Cara November 12, 2013 City's Plan to Relocate 2 Agencies Stirs Anger en-US The New York Times https://www.nytimes.com/2013/11/12/nyregion/lower-manhattan-residents-suing-to-stop-move-of-2-law-enforcement-agencies.html August 30, 2022 0362-4331 November 7, 2018 https://web.archive.org/web/20181107084449/https://www.nytimes.com/2013/11/12/nyregion/lower-manhattan-residents-suing-to-stop-move-of-2-law-enforcement-agencies.html liveStrickland Julie December 27, 2013 City's Tribeca court move spurs Sheldon Silver-backed lawsuit https://therealdeal.com/2013/12/27/citys-tribeca-court-move-spurs-sheldon-silver-backed-lawsuit/ August 30, 2022 The Real Deal New York en-US October 18, 2021 https://web.archive.org/web/20211018050033/https://therealdeal.com/2013/12/27/citys-tribeca-court-move-spurs-sheldon-silver-backed-lawsuit/ live prompting a lawsuit from local residents and organizations.Ross Barbara December 27, 2013 NYC faces lawsuit over Probation Department's relocation to Financial District https://www.nydailynews.com/new-york/nyc-faces-lawsuit-probation-office-relocation-article-1.1559242 August 30, 2022 New York Daily News May 12, 2019 https://web.archive.org/web/20190512212056/https://www.nydailynews.com/new-york/nyc-faces-lawsuit-probation-office-relocation-article-1.1559242 live The probation department relocated from 346 Broadway to the Financial District in January 2014, despite local opposition to that move.Malesevic Dusica Sue February 12, 2015 In a 'win,' Summons Court nixes move to Tribeca https://www.amny.com/news/in-a-win-summons-court-nixes-move-to-tribeca/ August 30, 2022 amNewYork August 31, 2022 https://web.archive.org/web/20220831145737/https://www.amny.com/news/in-a-win-summons-court-nixes-move-to-tribeca/ live The city eventually dropped its original plan to relocate the summons court within Tribeca,Buckley Cara December 12, 2013 New York City Backs Off Moving Court to TriBeCa en-US The New York Times https://www.nytimes.com/2013/12/12/nyregion/new-york-city-backs-off-moving-court-to-tribeca.html August 30, 2022 0362-4331 November 2, 2017 https://web.archive.org/web/20171102162220/http://www.nytimes.com/2013/12/12/nyregion/new-york-city-backs-off-moving-court-to-tribeca.html live and the court remained at 346 Broadway for another year, delaying the residential conversion project.Davis O’Brien Rebecca Shallwani Pervaiz March 23, 2015 Big Changes Loom in New York City's Summons Court System en-US Wall Street Journal http://www.wsj.com/articles/big-changes-loom-in-new-york-citys-summons-court-system-1427072929 August 30, 2022 0099-9660 December 15, 2021 https://web.archive.org/web/20211215224253/https://www.wsj.com/articles/big-changes-loom-in-new-york-citys-summons-court-system-1427072929 live The summons court ultimately moved to the Municipal Building in early 2015.Ross Barbara January 20, 2015 City will spend $20 million to renovate space in Municipal Building to house Summons Court: officials https://www.nydailynews.com/new-york/city-spend-20-million-new-summons-court-article-1.2085865 August 30, 2022 New York Daily News December 8, 2015 https://web.archive.org/web/20151208125640/http://www.nydailynews.com/new-york/city-spend-20-million-new-summons-court-article-1.2085865 live The developers also faced several legal challenges. In late 2015, minority developer Dan Hoeg sued Peebles, claiming that the firm had refused to give him 25 percent of the project's profit as part of an agreement with Peebles.Bockmann Rich September 3, 2015 Ex-Peebles "partner" claims he was cut out of JV https://therealdeal.com/2015/09/03/ex-peebles-partner-claims-he-was-cut-out-of-jv/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827160644/https://therealdeal.com/2015/09/03/ex-peebles-partner-claims-he-was-cut-out-of-jv/ live Peebles denied that Hoeg had any equity stake in the building, and he countersued the next year.Cullen Terence February 26, 2016 Peebles Corporation Counters That Jilted Partner Fibbed on Resume https://commercialobserver.com/2016/02/peebles-corporation-counters-in-ny-supreme-court-that-jilted-partner-fibbed-on-resume/ August 27, 2022 Commercial Observer August 27, 2022 https://web.archive.org/web/20220827160642/https://commercialobserver.com/2016/02/peebles-corporation-counters-in-ny-supreme-court-that-jilted-partner-fibbed-on-resume/ liveStulberg Ariel February 29, 2016 Peebles countersues former 346 Broadway "partner" https://therealdeal.com/2016/02/29/peebles-countersues-former-346-broadway-partner/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827160641/https://therealdeal.com/2016/02/29/peebles-countersues-former-346-broadway-partner/ live former Peebles executive Daniel Newhouse had also sued Peebles for a stake in 346 Broadway's profits, but Newhouse withdrew his suit in 2015.Stulberg Ariel August 26, 2015 Ex-Peebles exec withdraws appeal in compensation case https://therealdeal.com/2015/08/26/ex-peebles-exec-withdraws-appeal-in-compensation-case/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827160642/https://therealdeal.com/2015/08/26/ex-peebles-exec-withdraws-appeal-in-compensation-case/ live Preservationists sued in the New York Supreme Court, the trial-level court of New York state, to prevent the conversion of the clock tower into a private residence. The Supreme Court revoked the LPC's certificate of appropriateness in March 2016,Malesevic Sue April 1, 2016 Peebles' efforts to silence landmarked clocktower at 108 Leonard foiled https://therealdeal.com/2016/04/01/peebles-efforts-to-silence-landmarked-clocktower-at-108-leonard-foiled/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827153036/https://therealdeal.com/2016/04/01/peebles-efforts-to-silence-landmarked-clocktower-at-108-leonard-foiled/ live despite the city government's own assertion that the building's owners did not have to maintain the clock.Dunlap David W. June 8, 2016 In a Rarity, New York Tells 2 Developers No en-US The New York Times https://www.nytimes.com/2016/06/09/nyregion/in-a-rarity-new-york-tells-2-developers-no.html August 30, 2022 0362-4331 June 16, 2022 https://web.archive.org/web/20220616143209/https://www.nytimes.com/2016/06/09/nyregion/in-a-rarity-new-york-tells-2-developers-no.html live Peebles and El-Ad also had an issue with an appraiser when Peebles sought to have El-Ad buy out his stake in the project.First Amended Verified Complaint https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=nby36gXdLDeLk76sb4f49A== May 4, 2017 2024-03-20 New York State Unified Court System A panel of state judges upheld the Supreme Court's ruling in November 2017.Walker Ameena December 5, 2017 Tribeca clock tower conversion will not include triplex penthouse https://ny.curbed.com/2017/12/5/16737478/tribeca-clock-tower-conversion-court-decision August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827154538/https://ny.curbed.com/2017/12/5/16737478/tribeca-clock-tower-conversion-court-decision deadBaird-Remba Rebecca December 1, 2017 Landmarks Advocates Score a Victory in Clock Tower Building Case https://commercialobserver.com/2017/12/tribeca-clock-tower-building-case-opens-up-potential-for-more-interior-nyc-landmarks/ August 25, 2022 Commercial Observer August 25, 2022 https://web.archive.org/web/20220825224806/https://commercialobserver.com/2017/12/tribeca-clock-tower-building-case-opens-up-potential-for-more-interior-nyc-landmarks/ live Peebles and El-Ad developers also sued each other the same year, accusing each other of trying to derail the project. If the developers did not sell at least 35 apartments by August 2018, the city could take back ownership of the building.Pilgrim Lexi August 10, 2017 The battle of (346) Broadway: Peebles and Elad keep trading blows over Clock Tower project https://therealdeal.com/2017/08/10/the-battle-of-346-broadway-peebles-and-elad-continue-to-exchange-blows-over-clock-tower-conversion/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827153035/https://therealdeal.com/2017/08/10/the-battle-of-346-broadway-peebles-and-elad-continue-to-exchange-blows-over-clock-tower-conversion/ liveWarerkar Tanay August 11, 2017 Tribeca clocktower building's future as condos is in jeopardy https://ny.curbed.com/2017/8/11/16131248/tribeca-clocktower-building-conversion-stalled August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827154538/https://ny.curbed.com/2017/8/11/16131248/tribeca-clocktower-building-conversion-stalled dead By November 2017, Peebles and El-Ad had resolved their legal disputes.Walker Ameena November 6, 2017 New look at Tribeca clocktower building's condo-fied future https://ny.curbed.com/2017/11/6/16614460/condo-conversion-of-tribecas-clock-tower-building-gets-new-rendering August 27, 2022 Curbed NY August 27, 2022 https://web.archive.org/web/20220827154537/https://ny.curbed.com/2017/11/6/16614460/condo-conversion-of-tribecas-clock-tower-building-gets-new-rendering deadPutzier Konrad October 5, 2017 Peebles and Elad settle their spat over Clock Tower project in Tribeca https://therealdeal.com/2017/10/05/peebles-and-elad-settle-spat-over-clock-tower-project-in-tribeca/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827160643/https://therealdeal.com/2017/10/05/peebles-and-elad-settle-spat-over-clock-tower-project-in-tribeca/ live Renovation and completion thumb|Secondary entrance on Lafayette Street Bank of America gave the owners a $334 million construction loan in January 2016,Ghigliotty Damian January 8, 2016 Don Peebles Scores $334M Construction Loan for 108 Leonard Conversion https://commercialobserver.com/2016/01/don-peebles-scores-334m-construction-loan-for-108-leonard-conversion/ August 27, 2022 Commercial Observer August 27, 2022 https://web.archive.org/web/20220827153035/https://commercialobserver.com/2016/01/don-peebles-scores-334m-construction-loan-for-108-leonard-conversion/ liveMashayekhi Rey January 8, 2016 Peebles closing $334M construction loan for 108 Leonard https://therealdeal.com/2016/01/08/peebles-closing-334m-construction-loan-for-108-leonard/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827153036/https://therealdeal.com/2016/01/08/peebles-closing-334m-construction-loan-for-108-leonard/ live and Apollo Commercial Real Estate Finance placed a $77 million mezzanine loan on the project the next month.Jones David February 11, 2016 Apollo Provides $77M Mezz Loan for Leonard Street Conversion https://commercialobserver.com/2016/02/apollo-provides-77m-floating-rate-mezz-loan-for-leonard-street-conversion/ August 27, 2022 Commercial Observer August 27, 2022 https://web.archive.org/web/20220827160641/https://commercialobserver.com/2016/02/apollo-provides-77m-floating-rate-mezz-loan-for-leonard-street-conversion/ live Architectural firm Howard L. Zimmerman Architects restored the building's facade.Fazzare Elizabeth November 9, 2017 The Largest Landmarked Property Ever Sold by the City of New York Gets a New Face https://www.architecturaldigest.com/story/the-largest-landmarked-property-ever-sold-by-the-city-of-new-york-gets-a-new-face August 25, 2022 Architectural Digest October 18, 2021 https://web.archive.org/web/20211018171334/https://www.architecturaldigest.com/story/the-largest-landmarked-property-ever-sold-by-the-city-of-new-york-gets-a-new-face live The work included cleaning the marble, replacing damaged portions of the roof parapet, and restoring the 7,000-pound sculptural eagles perched on the roof. Afterward, Jeffrey Beers International renovated the building's interior.Fazzare Elizabeth February 14, 2018 You Can Now Live in the McKim, Mead & White-Designed Clock Tower Building in New York City https://www.architecturaldigest.com/story/180-leonard-mckim-mead-and-white-clock-tower-building-in-new-york-city August 25, 2022 Architectural Digest July 25, 2021 https://web.archive.org/web/20210725061219/https://www.architecturaldigest.com/story/180-leonard-mckim-mead-and-white-clock-tower-building-in-new-york-city live A residential entrance was built on Leonard Street, and the building was rebranded as 108 Leonard.Barbanel Josh November 1, 2017 New Condo Projects Put Leonard Street on the Map en-US Wall Street Journal https://www.wsj.com/articles/new-condo-projects-put-leonard-street-on-the-map-1509551253 August 30, 2022 0099-9660 November 28, 2020 https://web.archive.org/web/20201128134931/https://www.wsj.com/articles/new-condo-projects-put-leonard-street-on-the-map-1509551253 live The building's owners started selling apartments in March 2018, with the cheapest apartments being marketed at $1.5 million. Due to the disputes over the clock tower, the developers postponed plans to build a penthouse apartment in the clark tower.Barron James March 17, 2019 Will a $20 Million Penthouse Damage New York's 'Big Ben'? https://www.nytimes.com/2019/03/17/nyregion/nyc-clock-penthouse.html live https://web.archive.org/web/20210112020432/https://www.nytimes.com/2019/03/17/nyregion/nyc-clock-penthouse.html January 12, 2021 August 30, 2022 The New York Times en-US 0362-4331 The New York Court of Appeals, the highest court in New York state, reversed the New York Supreme Court's ruling on the clock-tower lawsuit in early 2019, finding that the owners could close the clock tower and convert it into an apartment.Cohen Michelle April 1, 2019 Developer can close historic Tribeca clock tower to the public to make way for penthouse, court rules https://www.6sqft.com/will-nycs-big-ben-at-108-leonard-withstand-the-test-of-time-atop-a-20m-penthouse/ August 25, 2022 6sqft August 25, 2022 https://web.archive.org/web/20220825224806/https://www.6sqft.com/will-nycs-big-ben-at-108-leonard-withstand-the-test-of-time-atop-a-20m-penthouse/ livePereira Ivan March 28, 2019 Developers can cut access to historic Manhattan clock tower, court rules https://www.amny.com/news/landmarked-clock-tower-suit-1-29088726/ August 27, 2022 amNewYork August 27, 2022 https://web.archive.org/web/20220827160642/https://www.amny.com/news/landmarked-clock-tower-suit-1-29088726/ live The Court of Appeals' ruling effectively ended the legal dispute, to preservationists' disappointment,Hoffman Shelby April 9, 2019 Court of Appeals Allows Historic Clock to be Closed to the Public and Converted https://www.citylandnyc.org/court-of-appeals-allows-historic-clock-to-be-closed-to-the-public-and-converted/ August 27, 2022 CityLand August 27, 2022 https://web.archive.org/web/20220827232119/https://www.citylandnyc.org/court-of-appeals-allows-historic-clock-to-be-closed-to-the-public-and-converted/ live and the penthouse was placed on sale in 2024. Peebles and El-Ad refinanced the building in September 2019 with $450 million from Mack Real Estate Credit Strategies.Rebong Kevin September 11, 2019 Peebles Organization's 108 Leonard Street Gets Condo Inventory Loan https://therealdeal.com/2019/09/11/el-ad-peebles-land-450m-condo-inventory-loan-for-tribecas-clock-tower-conversion/ August 27, 2022 The Real Deal New York en-US August 27, 2022 https://web.archive.org/web/20220827160643/https://therealdeal.com/2019/09/11/el-ad-peebles-land-450m-condo-inventory-loan-for-tribecas-clock-tower-conversion/ live Among the building's early residents were singer Keith Urban and actress Nicole Kidman;Rebong Kevin July 20, 2020 Nicole Kidman, Keith Urban Buy Tribeca Condo – The Real Deal https://therealdeal.com/2020/07/20/nicole-kidman-keith-urban-nab-condo-at-tribeca-clock-tower-condo-conversion/ August 25, 2022 The Real Deal New York en-US August 25, 2022 https://web.archive.org/web/20220825224808/https://therealdeal.com/2020/07/20/nicole-kidman-keith-urban-nab-condo-at-tribeca-clock-tower-condo-conversion/ live singer Sabrina Carpenter;Montes Geoffrey September 23, 2025 Sabrina Carpenter Buys a Tribeca Penthouse for Nearly $10 Million https://www.elledecor.com/celebrity-style/celebrity-homes/a68020529/sabrina-carpenter-tribeca-penthouse/ November 4, 2025 ELLE DecorGinsburg Aaron September 23, 2025 Sabrina Carpenter buys duplex Tribeca penthouse for $9.95M https://www.6sqft.com/sabrina-carpenter-buys-tribeca-penthouse-for-9-95m/ November 4, 2025 6sqft Alexandra Clancy, the widow of writer Tom Clancy;Indursky Jake June 16, 2025 Tom Clancy’s widow buys $21M Tribeca triplex penthouse https://therealdeal.com/new-york/2025/06/16/alexandra-clancy-buys-21m-penthouse-at-108-leonard/ November 4, 2025 The Real Deal and actor Hugh Jackman.Marino Vivian 2022-09-02 Hugh Jackman Swaps West Village Home for Chelsea Penthouse en-US The New York Times https://www.nytimes.com/2022/09/02/realestate/hugh-jackman-chelsea-penthouse-nyc.html 2023-02-05 0362-4331 The music executive Clive Davis bought an apartment in the buildingMarino Vivian February 5, 2021 Sarah Jessica Parker and Matthew Broderick Help Kick Off the 2021 Market en-US The New York Times https://www.nytimes.com/2021/02/05/realestate/top-nyc-real-estate-sales.html August 29, 2022 0362-4331 January 31, 2022 https://web.archive.org/web/20220131132307/https://www.nytimes.com/2021/02/05/realestate/top-nyc-real-estate-sales.html live but sold it in 2023 without having lived there.Hughes C. J. Music mogul Clive Davis changes his tune on Tribeca condo Crain's New York Business May 17, 2023 https://www.crainsnewyork.com/residential-real-estate/music-mogul-clive-davis-sells-tribeca-condo-4-6m January 25, 2024 In early 2022, JPMorgan Chase and Lionheart Management provided a $229.4 million mortgage loan for the project.Dilakian Steven January 11, 2022 Peebles, El Ad Land $229M Refi for Tribeca Condo Project https://therealdeal.com/2022/01/11/peebles-el-ad-land-229m-refi-at-tribeca-clock-tower-building/ live https://web.archive.org/web/20220825224807/https://therealdeal.com/2022/01/11/peebles-el-ad-land-229m-refi-at-tribeca-clock-tower-building/ August 25, 2022 August 25, 2022 The Real Deal New York en-USCunningham Cathy January 11, 2022 JP Morgan, Lionheart Lend $229M on Tribeca Clock Tower Building https://commercialobserver.com/2022/01/jp-morgan-lionheart-walker-dunlop-peebles-elad/ August 25, 2022 Commercial Observer August 25, 2022 https://web.archive.org/web/20220825224806/https://commercialobserver.com/2022/01/jp-morgan-lionheart-walker-dunlop-peebles-elad/ live Jack Shainman, operator of the Jack Shainman Gallery, announced in November 2022 that he would open a 20000 ft2 on gallery within 108 Leonard's banking hall in late 2023.van Straaten Laura 2022-11-16 In the Gallery Race, Shainman Expands Beyond Chelsea to TriBeCa Landmark en-US The New York Times https://www.nytimes.com/2022/11/16/arts/design/jack-shainman-tribeca-gallery-art.html 2023-02-05 0362-4331Jack Shainman Gallery Is Expanding to TriBeCa, and Other News SURFACE November 18, 2022 https://www.surfacemag.com/articles/jack-shainman-gallery-expands-tribeca/ February 5, 2023 Shainman had paid $20 million for the banking hall and was planning to spend $3 million to $4 million on renovations. The Jack Shainman Gallery soft opened in the building in January 2024.Adrian-Diaz Jenna A Gilded Age Tribeca Palazzo is Reborn as Jack Shainman's Latest Gallery SURFACE January 12, 2024 https://www.surfacemag.com/articles/jack-shainman-gallery-tribeca-the-hall/ January 25, 2024Billard Jillian Jack Shainman goes big to start next chapter The Art Newspaper - International art news and events January 11, 2024 https://www.theartnewspaper.com/2024/01/11/jack-shainman-tribeca-expansion January 25, 2024 That March, VIQ Architecture submitted plans to the LPC for alterations to the banking hall's interior, as well as the lower portions of the facade on Leonard Street and Lafayette Street.Gillespie Max March 4, 2024 LPC To Review Proposal For 108 Leonard Street In Tribeca, Manhattan https://newyorkyimby.com/2024/03/lpc-to-review-proposal-for-new-york-life-insurance-company-building-in-lower-manhattan.html March 4, 2024 New York YIMBY Reception When the western part of the building was completed, the New-York Tribune wrote in 1893: "It is a pity that the clock tower which surmounts the building [...] should be so high above the range of vision of passers-by in the street." Architectural critic Francis Swales said that, although the building's facade was composed similarly to nearby loft buildings because of the use of repeating motifs, "The objections are, however, unsatisfactory [...] Externally—and internally as far as least as the splendid banking-room and vestibules are concerned—it is the perfection of detail that captures one."163 1900 Christopher Gray of The New York Times wrote in 1993 that the general office was "rich and Roman, on a scale of interiors like those at the University and Metropolitan Clubs". The 2010 edition of the AIA Guide to New York City characterized the structure's clock as a "wonderful Classical clock overlooking Broadway." There was also some criticism of the building. The writer Eliot Gregory did not like the decorations atop the clock tower, writing in 1899 that the decorations resembled "a monument in Greenwood (Cemetery), surmounted by a rat trap". When Gray described the rundown building in a Times article in 1993, he said that the Leonard Street lobby contained "the tackiest fake-veneer candy stand left in the city, complete with Beirut-style rolldown steel gates". Although general services commissioner Kenneth J. Knuckles complained about Gray's article, Knuckles also did not dispute any of the details mentioned in the article. See also List of New York City Designated Landmarks in Manhattan below 14th Street National Register of Historic Places listings in Manhattan below 14th Street Robbins & Appleton Building (also designed by Stephen D. Hatch) References Notes Citations Sources https://offeringplandatasearch.ag.ny.gov/REF/planFormServlet?planId=cd160364#tabs-6 Condominium Offering Plan for 108 Leonard Condominium December 6, 2017 Office of the Attorney General of New York Condominium Offering Plan 2017 February 10, 1987 Former New York Life Insurance Building http://s-media.nyc.gov/agencies/lpc/lp/1512.pdf New York City Landmarks Preservation Commission Landmarks Preservation Commission 1987 February 10, 1987 Former New York Life Insurance Interior http://s-media.nyc.gov/agencies/lpc/lp/1513.pdf New York City Landmarks Preservation Commission Landmarks Preservation Commission Interior 1987 May 27, 1982 Former New York Life Insurance Company Building https://catalog.archives.gov/medialz/electronic-records/rg-079/NPS_NY/82003376.pdf National Register of Historic Places, National Park Service National Park Service 1982 Gibbs Kenneth Business architectural imagery in America, 1870–1930 UMI Research Press 1984 978-0-8357-1575-1 Ann Arbor, Mich 10754074 Roth Leland McKim, Mead & White, Architects Harper & Row 1983 978-0-06-430136-7 9325269 https://archive.org/details/bwb_P8-AIO-646 registration 1880 External links https://108leonard.com/ collapsed Architecture National Register of Historic Places New York City Category:1898 establishments in New York City Category:Bank buildings in Manhattan Category:Bank buildings on the National Register of Historic Places in New York City Category:Broadway (Manhattan) Category:Office buildings on the National Register of Historic Places in Manhattan Category:Commercial buildings completed in 1898 Category:Italian Renaissance Revival architecture in the United States Category:McKim, Mead & White buildings Category:New York City Designated Landmarks in Manhattan Category:New York City interior landmarks Category:New York Life Insurance Company Category:Office buildings in Manhattan Category:Residential buildings completed in 1898 Category:Residential buildings in Manhattan Category:Tribeca Category:1890s architecture in the United States Category:Residential buildings on the National Register of Historic Places in Manhattan Category:Apartment buildings on the National Register of Historic Places in New York (state) Category:New York State Register of Historic Places in New York County