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40 Wall Street

Posts & Stories(6)

Motion of Discovery: A Letitia James Tour of New York City image

Motion of Discovery: A Letitia James Tour of New York City
Story

New York State Attorney General Letitia James has led a political life deeply rooted in New York City. A few points of interest around town highlight the career of "Tish." Resources used include the New York Times; designation reports published by the Landmarks Preservation Commission; the City Council legislation database; the Office of the Attorney General; New York Amsterdam News; The Chiseler; the NYC Green Book; and HPD. By Andy McCarthy, Reference Librarian, NYPL Milstein Division of U.S. History, Local History, and Genealogy.
40 Wall Street image

40 Wall Street
Post

Manhattan Company Building ARCHITECT: H. Craig Severance; Yasuo Matsui; Shreve & Lamb DATE: 1929-30 STYLE: Art Deco, Skyscraper The Manhattan Company Building, built in 1929-30, was planned as the tallest building in the world. The 71-story, 927-foot-tall Manhattan Company Building was completed in a year, an unprecedented feat for such a project, and ready for occupancy in May 1930. The picturesque skyscraper, with an overall massing characteristic of Art Deco style skyscrapers in New York of the period, rises through a series of setbacks to a tower, clad in buff brick and ornamented with terra cotta, with continuous vertical piers and recessed spandrels, and is crowned by a pyramidal roof capped by a spire.
Downtown New York Walk: Wall Street image

Downtown New York Walk: Wall Street
Walk

A walking tours through Lower Manhattan's skyscraper canyons and more than a century of high-rise construction. This walk focuses on the buildings on Wall Street.
40 Wall Street image

40 Wall Street
Post

The 40 Wall Street Corporation was formed in 1929 to construct a speculative skyscraper for the anchor tenant, the Manhattan Company (the Bank of Manhattan). Among the principal investors was the Starrett Corporation, a company owned by the men who were also the building’s general contractors, Starrett Brothers & Eken. Architect Craig Severance and associated architect Yasuo Matsui designed a simply ornamented, setback skyscraper with raised brick patterning and cast stone-ornament, and with an elaborate crown and spire in French Gothic style. The story of the building’s height, which topped out at 927 feet above the sidewalk, has become an urban legend. In the real estate boom of the late 1920s many developers sought a PR angle to promote their buildings. In 1929 there was a celebrated “race” to erect the tallest tower in the world. The rival for the title was the Chrysler Building, then under construction in midtown. Adding an edge to the competition was the fact that Severance had only recently dissolved his professional partnership with William Van Alen, the architect of the Chrysler Building. The race between the two towers was avidly reported by the press. Both buildings were topped out within a year of their first steel columns. Van Alen was ultimately victorious, having kept secret the Chrysler Building’s 185 foot aluminum spire, erected within the tower’s fire shaft. After 40 Wall Street had been topped out, that thin needle was hoisted from inside the tower to bring the height to 1046 feet and the title to Chrysler. Bested, 40 Wall Street went on to a lackluster career. The building opened after the Stock Market crash, and many of the prospective tenants reneged on their leases. The building was not fully rented until 1944, nearly fifteen years after its construction. Its bad luck continued. In 1946 an army transport plane en route to Newark Airport got lost in fog and crashed into the building’s fifty-eighth floor, killing all five people aboard. Badly in need of renovation and eighty-nine percent vacant, in 1992 40 Wall Street was purchased by the Trump Organization for less than eight million dollars. With a great deal of investment, 40 Wall Street has been well tenanted since the late 1990s.
40 Wall Street image

40 Wall Street
Post

Manhattan Company Building, 1930. 40 Wall Street, a 71-story neo-Gothic skyscraper now called the Trump Building, was built in 1930 by Craig Severance for the Manhattan Company, a bank founded by Aaron Burr in 1799. The building was also known as the Manhattan Trust Company building. During construction, Severance's ex-business partner, William Van Alen was designing the Chrysler Building. The two architects were racing for the tallest building in the world. When completed, Severance's tower measured 927 feet, a figure soon surpassed by the Chrysler Building and its famous 125-foot spire. There was debate at the time because the highest usable floor in 40 Wall Street was higher than Chrysler’s, and the spire the Chrysler building was said to be cosmetic, not functional. The debate was short-lived: less than a year later, the 1,250-foot Empire State Building was completed, robbing both architects of the coveted "tallest building" title.
Battle to the Top: A Tale of Three Spires image

Battle to the Top: A Tale of Three Spires
Story

Just shy of the stock market crash and at the tail-end of a real estate boom of the late 1920s, a race to the top broke out between three buildings, who vied for the title of the World's Tallest Building. A clear rivalry developed between Craig Severance, architect of 40 Wall Street, and his ex-business partner, William Van Alen, who designed the Chrysler Building. Just uptown, the Empire State Building threatened to cast a shadow over its two competitors, topped off with an unlikely crown.

Photos(109)

Bank of America Building image

Bank of America Building

View along Wall Street, New York City, undated (ca. 1882-1919).
Bank of America Building image

Bank of America Building

\[Looking down Wall Street toward Trinity Church.]
Kuhn, Loeb  & Co. image

Kuhn, Loeb & Co.

Kuhn Loeb Co., 27 - 29 Pine Street
Bank of America Building image

Bank of America Building

The Bank of America, Wall & William Sts.
Bank of America Building image

Bank of America Building

Bank of America, William & Wall Sts.
37 Wall Street image

37 Wall Street

57 Wall Street. Trust Company of America, detail of basement stories.
Bank of America Building image

Bank of America Building

Crowd gathering to listen to a speech, New York City, undated (ca. August 1916). Photographed for the Evangelistic Committee of New York City.
40 Wall Street image

40 Wall Street

Bank of the Manhattan Co. 40 Wall St.
Bank of America Building image

Bank of America Building

Wall Street at the N.W. corner of William Street. Bank of America, entrance.
25 Pine Street image

25 Pine Street

25 Pine Street. Commonwealth Bank of Australia. Entrance. \["Hooker Electrochemical Company" on building.]
Bank of America Building image

Bank of America Building

Bank of America, Wall & Wm. Sts.
25 Pine Street image

25 Pine Street

25 Pine Street. Commonwealth Bank of Australia, interior.
Bank of America Building image

Bank of America Building

Bank of America Bdg. Wall & Wm. Sts.
Bank of America Building image

Bank of America Building

Bank of America, Wall & Wm. Sts.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Side view of arches, natural \[light]. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of the Manhattan Co. Director's room detail, columns & stairs. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Detail of door and sconces, front room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Lighted arches thru front arch. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Arch and doorway from front room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Vista thru black pillars from rear room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Vault screen. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Detail of door and sconces, front room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of the Manhattan Co. Director's room windows, sharp \[view]. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Lower entrance door to Wall Street. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Side view of front officer's room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Lighted arches thru front arch. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Mr. Jones room to door. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Interior of lower vault. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. General view of north officer's room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Side view of north officer's room thru pillars. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Arch and doorway from front room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Stair case framed. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Stair case 1. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Detail of elevator doors. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Side view of arches, natural \[light]. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Mr. Rowley's 1st floor room. 40 Wall Street.
40 Wall Street image

40 Wall Street

40 Wall Street. Bank of Manhattan
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Interior of lower vault. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Close up of bank screen. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Balustrade detail. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Stuart Bakers room - natural \[light] 1. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Front officers room, pillars and windows. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of the Manhattan Co. Director's room fireplace sharp. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Mr. Jones room to fireplace. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. End panel direct view. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Stair case framed. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. General view of panels lighted. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Mr. Jones room to door. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of Manhattan Trust Co. Vista thru black pillars from rear room. 40 Wall Street.
40 Wall Street image

40 Wall Street

Bank of the Manhattan Co. Director's room fireplace sharp. 40 Wall Street.
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