[81] A fire also took place in the sub-basement in 1962,negative pressure caused by combination of the building's design and minute weaknesses in the glass. [125] Huxtable's successor Paul Goldberger said that the plaza and its "progeny" had failed, but that the tower had a posi, Reviews among architecture critics were more varied. He called these buildings "excellent development" in contrast with other structures built as part of the 1916 Zoning Resolution, saying that buildings with "wedding-cake" setbacks were an "abomination". [23] By December 1960, the tower was completed, and Chase Manhattan Bank employees began moving in to the new tower the next month. [99][100] The auction reportedly initially attracted about a dozen bidders, including Witkoff, Harry Macklowe, Joseph Chetrit, Tishman Speyer, Boston Properties, Starwood Capital Group, RXR Realty, and at least two wealthy Asian investment funds. [88] The same month, the public plaza around the tower was renamed for David Rockefeller. [69] Of these, aluminum was used for its cost and appearance, despite both materials performing similarly. 28 Liberty Street, on the northern half of a 2.5-acre (1.0 ha) site, consists of 60 above-ground stories, a ground-level concourse, and five basement levels. Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. "[19] New York Times critic Ada Louise Huxtable, writing in 1960, said that 28 Liberty Street, 1271 Avenue of the Americas, and 270 Park Avenue all had a "still too-rare esthetic excellence". The truck was later found abandoned, and the robbers escaped. [18][19] While buildings with setbacks had less office space on upper floors, Chase wanted to make the upper floors as desirable to tenants as the lower floors, which led to each floor having the same area. [98] [2] The building's concourse has a direct entrance to the Wall Street station (2 and 3 trains) of the New York City Subway. [10][72] Furthermore, a crane operator died in a June 1958 construction accident. [75] The structure cost $138 million in total, including the plaza. [74] The plaza was completed in December 1963,[10] and the permanent banking office underneath it opened the next month, after which the temporary office was turned into an auditorium. Construction on the building was completed in 1961. The building’s location in the center of Lower Manhattan gives tenants the visibility of an iconic destination with the added advantage of nearby transportation options and neighborhood amenities. Other features of the plaza include planteres and benches. Entertainment Law Firm Leaving Midtown East Digs for FiDi By Lauren Elkies Schram Premium . [68] Before starting work on One Chase Manhattan Plaza, SOM built a one-story mockup with aluminum and stainless steel at Roosevelt Field. A plaza that surrounds the tower includes a sunken Japanese rock garden designed by Isamu Noguchi. The property contains 60 floors standing in at 813 Feet tall and is footed by 5 subterranean floors. and Kahn & Jacobs, and developed by Sol Atlas and John P. McGrath. A plaza that surrounds the tower includes a sunken Japanese rock garden designed by Isamu Noguchi. ⢠Office Space Leasing Available. [3] The tower and the plaza cover 2.5 acres (1.0 ha) in total. [46], In its early years, the building faced several challenges. C&W named to lease Chase Manhattan Plaza. The spandrel panels between the windows on each story were made of natural-color aluminum or black porcelain enamel. [85] At the time, numerous large tenants had moved out or were in the process of doing so: law firm Cravath, Swaine & Moore had relocated elsewhere in 1990, and Davis Polk & Wardwell moved to 450 Lexington Avenue the next year. [73] The plaza's official opening was celebrated with a party in May 1964. [33] Passageways in the concourse led to the three surrounding subway stations. [99][100] The auction reportedly initially attracted about a dozen bidders, including Witkoff, Harry Macklowe, Joseph Chetrit, Tishman Speyer, Boston Properties, Starwood Capital Group, RXR Realty, and at least two wealthy Asian investment funds. [39] Originally, the rock garden had a pool with goldfish, but the goldfish were removed in 1964, having died of copper poisoning when people threw pennies into the pool. [48] [15][20] A groundbreaking ceremony for the building was held on January 29, 1957, with the first ceremonial scoop of dirt being excavated by Chase Manhattan's longest-tenured worker. Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. The firm renamed the property to One Chase Manhattan to 28 Liberty Street back in 2015. [125] Huxtable's successor Paul Goldberger said that the plaza and its "progeny" had failed, but that the tower had a positive impact on the nearby area. JPMorgan wants space in One Chase Manhattan Plaza TRD Staff | April 21, 2011 12:07PM JPMorgan Chase is having no trouble finding tenants for its One Chase Manhattan Plaza ⦠[40] Noguchi created a sunken Japanese rock garden in the recess, similar to one at Yale University's Beinecke Rare Book & Manuscript Library,[39][41]Sculptor Isamu Noguchi, a frequent collaborator of Bunshaft's,[39] was consulted for the design of the plaza. [50] The building site then served as the headquarters of the Mutual Life Insurance Company of New York from 1884 until the company moved to Broadway in 1950. [10] The first of the steel assemUp to 1,800 workers were employed at any given time. Completion was initially anticipated for 1959, but four citywide strikes of construction workers, including an 18-week elevator worker strike, delayed construction. While JPMorgan rejected the offer, it prompted the firm to begin marketing the building to potential bidders as both an office building or a residential conversion opportunity. [10] The first of the steel assemblies, upon which each of the 40 structural-steel columns would be placed, was installed within the foundation in September 1958. The truck was later found abandoned, and the robbers escaped. [4] The plaza was unusual in that it was in a locale with extremely high land values "where land was worth up to $10 million an acre [$25 million per hectare]". Price: Buildings in this range and location today are averaging rents between $60 to $90 PSF. [123] The next month, Huxtable said that the tower and plaza "carr[y] the double promise of corporate efficiency and a more enduring value: significant civic beauty. Four of the firm's thirteen general partners were most involved with 28 Liberty Street's design, namely Gordon Bunshaft, Edward Mathews, Nathaniel A. Owings, and J. Walter Severinghaus. [82] A Brink's truck in the building's underground garage was robbed in 1979 by two armed men driving a stolen fish truck, who took two hostages before transferring over $2 million into the refrigerated truck. The plaza, officially known as the David Rockefeller Plaza since 2008,[36] is slightly raised above the surrounding streets, with a surrounding parapet, and surrounds the tower. [46] The sculpture is made of several fiberglass "leaves" and painted with polyurethane in hues of black and white. Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. [72] Chase Manhattan opened a temporary office within the tower while the plaza and basements were under construction. Architect: There are five basement levels below the concourse, which include a truck ramp going to the second basement; dining and kitchen space on the first and second basements; printing, tabulating, and mechanical spaces on the third basement; check handling on the fourth basement; and vaults on the fifth basement. [96] The barricades were dismantled in November 2013. [52] The combined company was at 20 Pine Street. [31] Originally, there was a mezzanine for the loan offices, which was removed by the 1990s. The Chase Tower unarguably served as a high point of urban transformation during the 1960s. [5] Inside the lobby are six elevator banks, surrounded by travertine walls. The glass panels began blowing away from the building during high winds: during 1962, fifteen glass panels fell from the building due to negative pressure caused by combination of the building's design and minute weaknesses in the glass. The building was sold afterwards a few years later for $725 million by Chase to Fosun a Chinese investment firm. ft. of virtually column-free space now available, supported by enhanced infrastructure and tenant generator service. [48] [10] The first of the steel assemblies, upon which each of the 40 structural-steel columns would be placed, was installed within the foundation in September 1958. [35] On the roof are a series of fans, which are hidden behind a four-story enclosure with a surrounding parapet. Completion was initially anticipated for 1959, but four citywide strikes of construction workers, including an 18-week elevator worker strike, delayed construction. The public plaza faces Federal Hall National Memorial to the southwest and 40 Wall Street to the south. The Chase Manhattan Bank, N A , As Trustee, Union Security Insurance Company, United Family Life Insurance Company were ⦠Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. [97], In 2013, Steve Witkoff made an unsolicited $650 million offer to purchase the building and convert it into a hotel and condominiums. [90][91][92], Chase placed a temporary barricade fence around the plaza in September 2011, at the same time the Occupy Wall Street protests were occurring nearby, though Chase did not specify an exact reason.Occupy Wall Street protests were occurring nearby, though Chase did not specify an exact reason. One Chase Manhattan Plaza is currently occupied by the successor to the "Rockefeller Bank", JPMorgan Chase & Co. 4 ATMs. 100 William St. New York, NY 10038 Santander Bank 0.1 mi. [69] Of these, aluminum was used for its cost and appearance, despite both materials performing similarly. [79] The building's address caused problems for mail delivery persons and the general public. At the entrance a transparent tunnel will be installed at the intersection of Nassau and Liberty Streets and will feature a glass-clad elevator shaft through the entire 58-foot, four-level retail section (ground to lower level three). Danny Meyer Restaurant (60th Floor) of renovated retail space which will occupy the basement of the building. [20][29][30] There are numerous revolving doors to the south and west. From the beginning, One Chase Manhattan Plaza had a 99% occupancy rate: the bank was on the lower stories, and 61 companies with a combined 2,500 workers were on the upper stories. [2] The building's concourse has a direct entrance to the Wall Street station (2 and 3 trains) of the New York City Subway. Find professional One Chase Manhattan Plaza videos and stock footage available for license in film, television, advertising and corporate uses. In 1970, Chase commissioned a monumental sculpture entitled "Group of Four Trees" by French artist Jean Dubuffet,[45] and two years later, it was installed in the building's plaza. [39] A photograph of the building by Erich Locker, called "The Chase Manhattan Tower at Dawn", was utilized in many advertisements. [128], New York City Landmarks Preservation Commission, Federal Reserve Bank of New York Building, New York City Board of Standards and Appeals, Mutual Life Insurance Company of New York, First Amendment to the United States Constitution. [127] As early as 1996, architect Robert A. M. Stern had suggested that 28 Liberty Street was a viable candidate for official landmark status. All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. [34] Legally, the plaza is private property rather than a privately owned public space. 28 Liberty St. New York, NY 10005. [34], Escalators connected the lobby to the concourse directly below it. Situated in Manhattan’s Financial District the office building stands 60-stories tall or 813 feet high and enjoys sweeping views from its upper floors. Branch Hours. Don’t overlook lower Manhattan which still stands as a historic bridge to our shared heritage while serving as a gateway to tomorrow’s future in New York City. [36] The New York City Landmarks Preservation Commission held hearings to designate One Chase Manhattan Plaza as an official landmark in mid-2008,[89][90] and officially recognized the building as such on February 10, 2009. There are stairs leading down the east side of the plaza to Cedar Street. All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. The glass panes are set within aluminum panelsâchosen for their durability and performanceâas well as vertical aluminum mullions. [39] Originally, the rock garden had a pool with goldfish, but the goldfish were removed in 1964, having died of copper poisoning when people threw pennies into the pool. [10] The aluminum panelsâchosen for their durability and performanceâas well as vertical aluminum mullions. Legal. The buildingâs location in the center of Lower Manhattan gives tenants the visibility of an iconic destination with the added advantage of nearby transportation options and neighborhood amenities. In 1990, law firm Milbank, Tweed, Hadley & McCloy signed a lease for 330,000 square feet (31,000 m2) of space in the tower with options to expand to up to 750,000 square feet (70,000 m2). [3] At the time, the Financial District had languished after many corporations had moved uptown. In 2013, Steve Witkoff made an unsolicited $650 million offer to purchase the building and convert it into a hotel and condominiums. [10] The upper-floor elevators ran nonstop from the lobby to serve the upper floors, and were arranged in five "banks": one elevator bank served the second through 17th floors; three banks each served ten stories between the 17th through 47th floors; and the fifth bank served the 47th through 60th floors. MSCI ... We can help you find the closest one, whether you have a Chase Visa® Check card or a Chase ATM card. [52] The combined company was at 20 Pine Street. [73] The official opening was held on May 28, 1961; the southern block had not been cleared at the time of the tower's opening, and the only progress on that block was a group of nine trees that had been planted on Nassau Street. [7], Within 28 Liberty Street's immediate surroundings are the Federal Reserve Bank of New York Building to the north; the Chamber of Commerce Building and Liberty Tower to the northwest; 140 Broadway to the west; and the Equitable Building to the southwest. [84] The next year, Chase embarked on a comprehensive renovation of the building, the first major overhaul since its opening 30 years earlier; the renovations were undertaken by SOM. [14], The facade is composed of 8,800 plate glass panes, each measuring 8 feet (2.4 m) tall by 5 feet (1.5 m) wide. [70][11] (Reviews). In its early years, the building faced several challenges. [39] Originally, the rock garden had a pool with goldfish, but the goldfish were removed in 1964, having died of copper poisoning when people threw pennies into the pool. What this Building Can Offers Its Tenants: SEE A SAMPLE FLOOR PLAN – Sample Floor Plate, Floors: 60 Stories / 813 Feet From the beginning, One Chase Manhattan Plaza had a 99% occupancy rate: the bank was on the lower stories, and 61 companies with a combined 2,500 workers were on the upper stories. [98] The building was placed for sale in August 2013. Built 1957-64; Skidmore, Owings & Merrill, architect, Gordon Bunshaft, partner in charge of design, Jacques E. Guiton, lead designer. Property Details [36] Despite some early challenges, One Chase Manhattan Plaza was nearly fully occupied from its opening, with numerous financial and legal tenants. 28 Liberty Street, on the northern half of a 2.5-acre (1.0 ha) site, consists of 60 above-ground stories, a ground-level concourse, and five basement levels. [106], Air-conditioning units on each mechanical floor weighed a total of 9,200 short tons (8,200 long tons; 8,300 t), making it "the largest fully air-conditioned building in New York". [79] The building's address caused problems for mail delivery persons and the general public. Inventure Partners (50th Floor) ONE CHASE MANHATTAN PLAZA (aka 16-48 Liberty Street, 26-40 Nassau Street, 28-44 Pine Street, 55-77 William Street). [22] In total, over 53,000 short tons (47,000 long tons; 48,000 t) of steel were used in 28 Liberty Street;[10] at its completion, it had more steel than any other New York City skyscraper except the Empire State Building and 30 Rockefeller Plaza. Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. Chase placed a temporary barricade fence around the plaza in September 2011, at the same time the Occupy Wall Street protests were occurring nearby, though Chase did not specify an exact reason.Occupy Wall Street protests were occurring nearby, though Chase did not specify an exact reason. 1 New York Plaza is an office building in the Financial District of Manhattan in New York City, at the intersection of South and Whitehall Streets near South Ferry.The building, measuring 640 feet (200 m) tall with 50 floors, is the southernmost skyscraper in Lower Manhattan.It was designed by William Lescaze & Assocs. The Middle Collegiate Church was built on the northern portion of the lot in 1731. [21] The presence of the columns at ground level creates a colonnade around the lobby, which is recessed behind the upper floors. [73] The plaza's official opening was celebrated with a party in May 1964. Sculpturecenter. All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. The property is also going to update and reclaim some of the tower’s original architectural details which have faded or worked away with time – this effort is coupled by 290,000 SF. Bunshaft, who was tasked with the building's general design, passed most of the planning responsibilities to Roy O. Allen and Jacques E. Guiton, since Bunshaft was also involved in several other projects at the time. Leasing Commercial Space [81] A fire also took place in the sub-basement in 1962,negative pressure caused by combination of the building's design and minute weaknesses in the glass. [123] The next month, Huxtable said that the tower and plaza "carr[y] the double promise of corporate efficiency and a more enduring value: significant civic beauty. [82] A Brink's truck in the building's underground garage was robbed in 1979 by two armed men driving a stolen fish truck, who took two hostages before transferring over $2 million into the refrigerated truck. [98] [46] [14][24][25][26] There were only 150 private offices for the 7,500 employees who worked in the tower upon its opening. [50] The building site then served as the headquarters of the Mutual Life Insurance Company of New York from 1884 until the company moved to Broadway in 1950. [14][15][19] The aluminum panels were 0.25 inches (6.4 mm) thick by up to 13 feet (4.0 m) tall and were manufactured by the General Bronze Corporation. [14][19][d] This made 28 Liberty Street the largest new building in New York City by floor area since the mid-1930s. Initial planning [4] According to Architectural Forum, the fifth basement had a "bank vault nearly the size of a football field", which sorted $35 billion worth of securities (equivalent to $233.9 billion in 2019). Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. [46] [7] The city had rarely closed streets for private commercial development, except when there was "substantial" benefit to the public, such as with Grand Central Depot (later Grand Central Terminal) and the original Pennsylvania Station. Ten permits for work. The building was renovated in the early 1990s, and Chase moved its headquarters in 1997. Nearby at Broad Street the J & Z trains service the area all of which is steps away from the building property. While JPMorgan rejected the offer, it prompted the firm to begin marketing the building to potential bidders as both an office building or a residential conversion opportunity. [14] The columns are above steel assemblies some 100 feet (30 m) below ground level; these assemblies are 12 feet (3.7 m) square and 7 feet (2.1 m) thick. Phone: (212) 552-3819 (212) 552-3819. [28], The 30-foot-tall (9.1 m) lobby, at the same level as the raised plaza, had a footprint slightly smaller than the floors above it, and was surrounded by a plate-glass wall. In its early years, the building faced several challenges. [48] While Chase moved its headquarters to 270 Park Avenue in 1996,[87] it retained 70% of the space at One Chase Manhattan Plaza. [90][91][92] [85] At the time, numerous large tenants had moved out or were in the process of doing so: law firm Cravath, Swaine & Moore had relocated elsewhere in 1990, and Davis Polk & Wardwell moved to 450 Lexington Avenue the next year. 28 Liberty Street, formerly known as One Chase Manhattan Plaza, is a 60-story International style skyscraper in the Financial District of Manhattan in New York City, between Nassau, Liberty, William, and Pine Streets. [80][f] The "Group of Four Trees" sculpture in the plaza was installed in 1972. [14], The plaza, officially known as the David Rockefeller Plaza since 2008,[36] is slightly raised above the surrounding streets, with a surrounding parapet, and surrounds the tower. Lot Size: [44] ⢠Management On-Premises [10], Completion was initially anticipated for 1959, but four citywide strikes of construction workers, including an 18-week elevator worker strike, delayed construction. The bank spent $30 million to clean the building's exterior, upgrade elevators, remove asbestos, remodel the lobby, remove the mezzanine, and improve the heating and cooling systems. [23] By December 1960, the tower was completed, and Chase Manhattan Bank employees began moving in to the new tower the next month. Two established banks in Lower Manhattan, the Chase National Bank and the Manhattan Company, merged to create the Chase Manhattan Bank in 1955. [75] The structure cost $138 million in total, including the plaza. Up to 1,800 workers were employed at any given time. [50] The building site then served as the headquarters of the Mutual Life Insurance Company of New York from 1884 until the company moved to Broadway in 1950. [15] An air-conditioning system is embedded in the ceiling of each story. [84] The next year, Chase embarked on a comprehensive renovation of the building, the first major overhaul since its opening 30 years earlier; the renovations were undertaken by SOM. [4], The block was formerly two smaller city blocks, separated by Cedar Street, which ran from west through east. [6][9] Three contractors were hired to excavate the foundations, while Turner Construction was hired as the general contractor. [86] The renovations were completed by 1994. Fitapelli & Schafer (30th Floor) [48], The Middle Collegiate Church was built on the northern portion of the lot in 1731. Back in 2008 the New York Landmarks Preservation Commission classified One Chase Manhattan Plaza a landmark. [97] Chase Manhattan Automotive Finance Corporation, Chase Auto Leasing Corporation and other 108 businesses listed there. The Middle Collegiate Church was built on the northern portion of the lot in 1731. [30], The floors beneath the plaza are much larger, covering the entire lot with a combined area of 600,000 square feet (56,000 m2). Panes are set within aluminum panelsâchosen for their durability and performanceâas well as vertical aluminum mullions Street the J Z... In March 1960 known as Chase Manhattan plaza is private property rather than a privately owned public space space is! Were hidden inside the building was torn down in 1882 unveiled plans for the interior floor plans, was... Area all of the curtain wall in March 1960 [ 102 ] rebranded... Moved uptown facade accented by black spandrel windows 29 ] the same month the. The offices of Chase 's three highest-ranking executives were on the northern of. 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