This page uses content from Wikipedia and is licensed under CC BY-SA.

20 Exchange Place

20 Exchange Place
20 Exchange Place Tower 111.JPG
20 Exchange Place is located in Lower Manhattan
20 Exchange Place
Location within Lower Manhattan
20 Exchange Place is located in Manhattan
20 Exchange Place
20 Exchange Place (Manhattan)
20 Exchange Place is located in New York City
20 Exchange Place
20 Exchange Place (New York City)
20 Exchange Place is located in New York
20 Exchange Place
20 Exchange Place (New York)
20 Exchange Place is located in the United States
20 Exchange Place
20 Exchange Place (the United States)
General information
LocationNew York, New York United States
Coordinates40°42′20″N 74°0′35″W / 40.70556°N 74.00972°W / 40.70556; -74.00972
Construction started1930
Completed1931
OpeningFebruary 24, 1931[1]
Height
Antenna spire741 ft (226 m)
Technical details
Floor count57
Floor area730,234 sq ft (67,841.0 m2)
Design and construction
ArchitectCross and Cross
Main contractorGeorge 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, United States. Formerly known as the City Bank-Farmers Trust Building, it was built between 1930 and 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
Approved architectural drawing by Lev Vladimir Goriansky of 20 Exchange Place (City Bank Farmers Trust Building). Circa 1929, Goriansky Family Collection.

The building was designed by the architectural firm of Cross and Cross. Although the firm 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. 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. October 3, 1929. Retrieved September 4, 2009.
  5. ^ "TWENTY EXCHANGE PLACE". NYC URBANISM. Retrieved April 28, 2018.
  6. ^ [1] 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. March 13, 2013. Archived from the original on March 14, 2013.
  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 (July 9, 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 August 12, 2010. Retrieved September 23, 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.

External links