20 Exchange Place

20 Exchange Place
Location within Lower Manhattan
20 Exchange Place (Manhattan)
20 Exchange Place (New York City)
20 Exchange Place (New York)
20 Exchange Place (the US)
General information
Location New York, New York United States
Coordinates 40°42′20″N 74°0′35″W / 40.70556°N 74.00972°W / 40.70556; -74.00972Coordinates: 40°42′20″N 74°0′35″W / 40.70556°N 74.00972°W / 40.70556; -74.00972
Construction started 1930
Completed 1931
Opening February 24, 1931[1]
Height
Antenna spire 741 ft (226 m)
Technical details
Floor count 57
Floor area 730,234 sq ft (67,841.0 m2)
Design and construction
Architect Cross and Cross
Main contractor George A. Fuller Company
References
[2][3]

20 Exchange Place is a 57-story Art Deco building in the Financial District of Lower Manhattan, New York City. Formerly known as the City Bank-Farmers Trust Building, it was built between 1930–1931, for the newly merged National City Bank of New York and the Farmers' Loan and Trust Company, predecessor firms of Citigroup. It remained the company's headquarters until 1956 and was ultimately sold in 1979.

Overview

Closeup

The building was designed by the architectural firm of Cross and Cross. Although Cross and Cross described the building as having no particular architectural style, it was described at the time as being in the style then known as "modern classic", with minimal art deco ornamentation. Originally designed in 1929 to be the world's tallest building at 846.4 feet (258.0 m), with a pyramidal top and a budget of $9,500,000,[4][5] Depression era realities resulted in a scaled back, 741-foot (226 m) tall building, New York City's fourth tallest building at the time. It remained among the top ten tallest buildings in New York until 1970. Today, as the sixteenth tallest building in downtown Manhattan, and the 43rd tallest in New York City, it is still a prominent building in the city skyline.

In 1996, the building was designated a City Landmark by the New York City Landmarks Preservation Commission.[6] In 2006, the building served as a fictional branch location of the "Manhattan Trust Bank", in the movie Inside Man, and, in 2009, it served as several different bank locations in the Fringe episode "Safe". The building also makes an appearance in the films Wall Street, The Amazing Spider-Man 2, and The Post. [7]

The 16th through 57th floors of the building have been converted from commercial to residential space by Manhattan developers and real estate managers Metro Loft Management.[8][9][10] As a part of this conversion, the building's exterior was restored, including cleaning the building's bricks, which had turned black over the years, to their original white color.

Today, 20 Exchange Place is held by Luxembourg-based Eastbridge Group (through DTH Capital) and AG Real Estate.

Notable residents

See also

References

  1. ↑ Michelle Young. (September 20, 2016) "Inside the Off-Limits Banking Halls at Art Deco Skyscraper 20 Exchange in NYC" Untapped Cities
  2. ↑ 20 Exchange Place at Emporis
  3. ↑ "20 Exchange Place". SkyscraperPage.
  4. ↑ "New Bank Skyscraper Is to Cost $9,500,000". New York Times. 1929-10-03. Retrieved 2009-09-04.
  5. ↑ "TWENTY EXCHANGE PLACE". NYC URBANISM. Retrieved 2018-04-28.
  6. ↑ Archived 2012-07-16 at the Wayback Machine., NYC Landmarks Preservation Commission Order
  7. ↑ "'Amazing Spider-Man 2' to Film Downtown in April". DNAInfo.com. 2013-03-13. Archived from the original on 2013-03-14.
  8. ↑ The Real Deal - New Residential Developments Archived 2007-09-27 at the Wayback Machine.
  9. ↑ MBA Commercial/Multifamily NewsLink - A Publication of the Mortgage Bankers Association Archived 2007-09-28 at the Wayback Machine.
  10. ↑ - Metro Loft Management
  11. ↑ Olivier O’Mahony (9 July 2010). "Anna: le visage d'ange du nouveau KGB" [Anna: the angel face of the new KGB]. Paris Match (in French). Archived from the original on 12 August 2010. Retrieved 23 September 2012. Elle avait jeté son dévolu sur la tour résidentielle la plus haute de Manhattan. Le 20 Exchange Place. Cinquante-neuf étages sur 226 mètres de haut, construits en 1931 pour abriter le siège de la City Bank-Farmers Trust Company, ancêtre de Citigroup. Récemment reconverti en appartements, ce bijou d’Art déco a servi de décor à une scène de « Wall Street », le film d’Oliver Stone. Son hall d’entrée, aux plafonds voûtés recouverts de fresques, ressemble à la nef vertigineuse d’une cathédrale façon Gotham City. Situé en plein quartier financier de New York, l’endroit est idéal pour qui veut conquérir l’Amérique.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.