2 Broadway

2 Broadway is an office building at the south end of Broadway, near Bowling Green Park in the Financial District of Manhattan, New York City. 2 Broadway was built on the site of the New York Produce Exchange, and now houses the headquarters of the Metropolitan Transportation Authority.

2 Broadway
(2014)
General information
TypeOffice
Architectural styleInternational
Address2-8 Broadway
Town or cityFinancial District, Manhattan, New York City, New York
CountryUnited States
Coordinates40°42′17″N 74°00′48″W
Construction started1958
Completed1959
Renovated1999
Height421 feet (128 m)
Technical details
Floor count32
Design and construction
Architecture firmEmery Roth & Sons
Renovating team
Renovating firmSkidmore, Owings & Merrill
References
[1]

Description and history
New York Produce Exchange (1883)

The New York Produce Exchange building, which was designed by George B. Post, and built from 1881 to 1884, was demolished in 1957 and replaced by 2 Broadway, a 32-story tower constructed in 1958–1959. The developer, Uris Buildings Corporation, first preferred a design by William Lescaze with Kahn & Jacobs, which featured a tower slab set at right angles to Broadway. However, ultimately Emery Roth & Sons was given the contract, which saw a radically different design which would fill most of the lot, with the building rising in triple setbacks. The facade is now covered in blue-green tinted glass.[2]

In the 1990s, the Metropolitan Transportation Authority was vacating its headquarters at 370 Jay Street in Downtown Brooklyn. The MTA rented space in 2 Broadway where it moved some of its operations.[3][4] In 1995, Tamir Sapir, a Russian immigrant and cab driver turned real-estate investor, bought 2 Broadway for $20 million, with the MTA as the only tenant in the building. The MTA signed a 49-year lease in July 1998, shortly after selling its New York Coliseum. Shortly after, Sapir and the MTA agreed to conduct $39 million worth of renovations to 2 Broadway. However, the renovations had become delayed and over budget, and Sapir and the MTA became involved in numerous lawsuits and countersuits. By 2000, the renovations were expected to cost $135 million.[5] By 2003, the cost of the renovations had risen to $435 million. Part of the budget increase was attributed to corruption by contractors who were renovating the buildings.[6] One such contractor was later ordered to pay restitution to the MTA for corruption.[7]

The renovation and reskinning of the building was undertaken by Skidmore, Owings & Merrill.[8]

References
  1. "2 Broadway". Emporis. Retrieved 14 March 2017.
  2. "2 Broadway". Nyc-architecture.com.
  3. "Saying Farewell to an Old Friend". Metropolitan Transportation Authority. April 26, 2012. Retrieved October 14, 2016.
  4. Spellen, Suzanne (January 16, 2013). "Building of the Day: 370 Jay Street". Brownstoner. Retrieved October 14, 2016.
  5. Bagli, Charles V. (2000-08-09). "Brass Knuckles Over 2 Broadway; M.T.A. and Landlord Are Fighting It Out Over Rent and Renovations". The New York Times. Retrieved 2018-06-20.
  6. "BUILDING BLOCKHEADS – MTA'S HQ RENOVATION $300M OVER BUDGET". New York Post. 2003-05-05. Retrieved 2018-06-20.
  7. "MTA Gets $6.5 M. for 2 Broadway Mess". Observer. March 13, 2007. Retrieved 2018-06-20.
  8. White, Norval; Willensky, Elliot & Leadon, Fran (2010). AIA Guide to New York City (5th ed.). New York: Oxford University Press. ISBN 978-0-19538-386-7.
  9. "The Apartment (1960)" otsoNY.com
  10. "Love & Sex on the Upper West Side: The Filming Locations of The Apartment" Scouting New York
  11. "The Apartment 1960" Movie-Locations
  12. "The Apartment (1960) Filming Locations" The Movie District
  13. "Mirage (1965)" otsoNY.com
  14. "Movies Filmed at 2 Broadway" MovieMaps
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