What this Building Can Offers Its Tenants: SEE A SAMPLE FLOOR PLAN – Sample Floor Plate, Floors: 60 Stories / 813 Feet [107] The same year, Milbank, Tweed, Hadley & McCloy left their 340,000 square feet (32,000 m2) space in the building for the newly built 55 Hudson Yards. [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. [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. [53] Few large buildings and structures had been erected in the neighborhood since the 1930s, except for transit infrastructure such as the BrooklynâBattery Tunnel and office towers at 99 Church Street and 161 William Street. Chase Manhattan commences 1 New York Plaza renovation. [b] However, these setbacks were not required if the building occupied 25% or less of its lot. [98] The building was placed for sale in August 2013. The Chase Manhattan Bank, N A , As Trustee, Union Security Insurance Company, United Family Life Insurance Company were ⦠Clausen Miller (39th Floor) [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. [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. There are 4 closings on record since 1988-08-10, of which we have matching data for 0 listings. ⢠Concierge / Security 24/7 Service [44] Originally, its major tenants included the white shoe firms Milbank, Tweed, Hadley & McCloy (then the bank's main outside counsel), Davis Polk & ⦠[19][33] The truck entrance, as well as ventilation grates for air intake and outflow, are on the Liberty Street side, below the raised plaza. [98] The building was placed for sale in August 2013. 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. Follow us: We're here to help you manage your money today and tomorrow. Apex Clearing (30th Floor; 4,244 SF.) Initial planning [72] Chase Manhattan opened a temporary office within the tower while the plaza and basements were under construction. Opened in 1961, it is 813 feet (248 m) tall. 2 Gold Street New York, NY 10038 ⦠[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. There are stairs leading down the east side of the plaza to Cedar Street. Property Details [29], 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". By March 2008, the tower and the surrounding plaza were being considered for official landmark status. [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. David Rockefeller, Chase's executive vice president, proposed the tower in the 1950s as a means to keep the newly merged Chase Manhattan Bank within Lower Manhattan while merging its 8,700 employees into one facility. [10][72] Furthermore, a crane operator died in a June 1958 construction accident. [36] [48] While Chase moved its headquarters to 270 Park Avenue in 1996,[87] it retained 70% of the space at One Chase Manhattan Plaza. 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. 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. [2] The building's concourse has a direct entrance to the Wall Street station (2 and 3 trains) of the New York City Subway. [81] A fire also took place in the sub-basement in 1962,[48] and an anti-Vietnam War bombing occurred on the 16th floor in 1969, causing minor damage. 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. "[124] Wolf Von Eckardt said in 1962 that the design was "another quiet triumph" for architecture despite being "not sensationally original". 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). [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. Zurick Reinsurance takes 3 floors at Chase Manhattan Plaza downtown. [48] The tenants were mainly financial tenants such as EF Hutton[77] and Fuji Bank;[48] law firms like Cravath, Swaine & Moore;[78] and a private luncheon club called the Wall Street Club. [106][108], From its announcement, 28 Liberty Street was covered extensively in magazines, newspapers, and journals. Construction on the building was completed in 1961. [5][76] [49] Later becoming the city's main Post Office in the mid-19th century, the church building was torn down in 1882. ), Building Features: [46], In its early years, the building faced several challenges. ... We can help you find the closest one, whether you have a Chase Visa® Check card or a Chase ATM card. NY's first lifestyle center welcomes 11 new tenants. [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. Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. [33] The New York Times continuously praised the tower's design during 28 Liberty Street's construction. [120] Architectural Forum in 1957 described 28 Liberty Street's design as having been influenced by Chase Manhattan directors' desire for the design "to say 'bank' in no uncertain terms". There are also connections to Wall Street (4 and 5 trains) and to Broad Street (J and Z trains) via passageways underground. The spandrel panels between the windows on each story were made of natural-color aluminum or black porcelain enamel. [5] It has a total height of 813 feet (248 m),[5] It has a total height of 813 feet (248 m),[13] making it the third-tallest building in the Financial District upon its completion, after the 927-foot (283 m) 40 Wall Street and the 950-foot (290 m) 70 Pine Street. [39] A photograph of the building by Erich Locker, called "The Chase Manhattan Tower at Dawn", was utilized in many advertisements. [44], 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. [34] Legally, the plaza is private property rather than a privately owned public space. One Chase Manhattan Plaza is a banking skyscraper located in the downtown Manhattan Financial District of New York City, between Pine, Liberty, Nassau, and William Streets.Construction on the building was completed in 1961. Danny Meyer Restaurant (60th Floor) [70][11] [1] The site slopes down to the north, so that the plaza is at the elevation of Pine Street, while Liberty Street is one story beneath the plaza; there are an additional five basements under the plaza. Little Cupcake Bake Shop The public plaza faces Federal Hall National Memorial to the southwest and 40 Wall Street to the south. Initial planning The building's design is similar to that of SOM's earlier Inland Steel Building in Chicago. The truck was later found abandoned, and the robbers escaped. [14][24][25][26] There were only 150 private offices for the 7,500 employees who worked in the tower upon its opening. A plaza that surrounds the tower includes a sunken Japanese rock garden designed by Isamu Noguchi. In the process, the building, known as One Chase Manhattan Plaza, created one of the world's greatest plazas as well as one of the world's greatest sunken plazas. [42] Seven large, dark basalt rocks from Japan were used in the garden, placed atop a surface of 27,000 white granite blocks, each measuring 4 inches (100 mm) square. [93][94] The ostensible reason for the barricades was construction work in the plaza, though observers saw little work within the plaza,[94] leading to numerous lawsuits against the city's Department of Buildings and Chase; one such lawsuit alleged that the barriers violated the right to freedom of speech provided under the First Amendment to the United States Constitution, although the plaza was a private space. The property contains 60 floors standing in at 813 Feet tall and is footed by 5 subterranean floors. [68] Before starting work on One Chase Manhattan Plaza, SOM built a one-story mockup with aluminum and stainless steel at Roosevelt Field. [48] Original plans in 1956 called for square or rectangular recesses in the plaza, accessed by a spiral staircase, but the final 1957 design called for a circular recess, accessed from the concourse. 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. [46][47] At the time, the 40-foot (12 m)-tall sculpture was the largest outdoor public artwork in New York City, beating out Pablo Picasso's "Bust of Sylvette" by 4 feet (1.2 m). [38][95] Some advocates lodged complaints with the Landmarks Commission, though the barricades were not under the commission's jurisdiction since they were movable barriers. Trip.com provides tourists with One Chase Manhattan Plaza attraction address, business hours, brief introduction, open hours, nearby recommendation, restaurant, reviews etc. [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. Allianz (38th Floor) [36], By March 2008, the tower and the surrounding plaza were being considered for official landmark status. [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 tower began in late 1956. All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. [70][11], Up to 1,800 workers were employed at any given time. [39][43] Additionally, the garden incorporated three fountains fed by 45 pipes, which drained into a trough that circumscribed the rock garden. [4], The block was formerly two smaller city blocks, separated by Cedar Street, which ran from west through east. "[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". [127] As early as 1996, architect Robert A. M. Stern had suggested that 28 Liberty Street was a viable candidate for official landmark status. [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). The firm renamed the property to One Chase Manhattan to 28 Liberty Street back in 2015. Allianz Global Corporate & Specialty "[124] Wolf Von Eckardt said in 1962 that the design was "another quiet triumph" for architecture despite being "not sensationally original". By March 2008, the tower and the surrounding plaza were being considered for official landmark status. Up to 1,800 workers were employed at any given time. One Chase Manhattan Plaza MEIS was asked to provide conceptual design services for the activation of an approximately one acre urban plaza in New York City. [31] Originally, there was a mezzanine for the loan offices, which was removed by the 1990s. [68] Fosun invested $150 million into reconfiguring the building's ground and lower floors into a 200,000 square feet (19,000 m2) retail complex. [52] The combined company was at 20 Pine Street. JPMorgan Chase [5][76] [103][104] The new name refers to the building's position on Liberty Street, but also connects to the Statue of Liberty in the distance and to "the good fortune that, according to Chinese tradition, is bound up in the number 8 [and] 28 denotes 'double prosperity'".Chinese, In 2018, Danny Meyer opened "Manhatta", a restaurant and event space taking up the building's entire 60th floor. US. One Chase Manhattan Plaza is a banking skyscraper located in the downtown Manhattan Financial District of New York City, between Pine, Liberty, Nassau, and William Streets. Entertainment Law Firm Leaving Midtown East Digs for FiDi By Lauren Elkies Schram Premium . The columns extend from the building on its long sides, while floors cantilever on the columns on the building's short sides; together, the columns carry much of the weight of each floor. The firm renamed the property to One Chase Manhattan to 28 Liberty Street back in 2015. [20][29] The concourse, directly below the lobby, was accessed from Liberty Street. Phone. [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. [1][51] Chase had been the largest bank in the U.S. until the early 20th century,[1] and the merger made the Chase Manhattan Bank the second-largest bank in the United States. [48], The Middle Collegiate Church was built on the northern portion of the lot in 1731. 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". 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). All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. [38][95] Some advocates lodged complaints with the Landmarks Commission, though the barricades were not under the commission's jurisdiction since they were movable barriers. [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. [80][f] The "Group of Four Trees" sculpture in the plaza was installed in 1972. 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 ⦠The commercial property offers over 1 million sq. The building was renovated in the early 1990s, and Chase moved its headquarters in 1997. [3] At the time, the Financial District had languished after many corporations had moved uptown. He described it as an âhonorâ to own 1 Chase Manhattan Plaza, the building David Rockefeller developed as part of a campaign to preserve downtownâs relevance as a ⦠Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. 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. 1 Chase Manhattan Plaza was first built in 1963 and has 60 floors and a total of 13 units. To fund the improvements, Fosun secured an $800 million loan from Deutsche Bank and HSBC in November 2017. The building offers direct access from the Wall Street 2 & 3 Subway line at the lobby while the 4 & 5 trains can be reached at Wall Street itself. 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. A plaza that surrounds the tower includes a sunken Japanese rock garden designed by Isamu Noguchi. [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. 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. [20][32][33] Also on the concourse was a meeting room, a foyer, and a messenger's room. One Chase Manhattan Plaza, the 60-story office tower that has been home to one of New York Cityâs most important banks for half a century, has a new owner: Fosun International of China. Magenics JPMorgan Chase is having no trouble finding tenants for its One Chase Manhattan Plaza building on Liberty Street downtown, the problem is, it wants ⦠Inside the lobby are six elevator banks, surrounded by travertine walls. Broadway Technology (50th Floor; 25,000 SF.) On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million,[98][101] finalizing the sale that December. Today the office tower stands as a stainless steel facade accented by black spandrel windows. Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. 100 William St. New York, NY 10038 Santander Bank 0.1 mi. Completion was initially anticipated for 1959, but four citywide strikes of construction workers, including an 18-week elevator worker strike, delayed construction. [21] The presence of the columns at ground level creates a colonnade around the lobby, which is recessed behind the upper floors. (The surprising news may be that it isnât one already.) Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. [70][11] [31] All of the building's 8,800 panels were reinspected, with similarly weakened panels replaced. On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million,[98][101] finalizing the sale that December. [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] as part of a series of contemporary artworks collected or commissioned by Chase Manhattan. [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 2013, Steve Witkoff made an unsolicited $650 million offer to purchase the building and convert it into a hotel and condominiums. [14] Chase was granted a variance from the New York City Board of Standards and Appeals so that the building actually occupied 27.3% of the site; the extra 2.3% site coverage allowed for an additional 700 square feet (65 m2) on each 29,680-square-foot (2,757 m2) floor. [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. Aside from selling office space Fosun has also finalized details on a 50,000 square foot multi-screen cinema complex within the building – called the Alamo Draft House. [10][72] Furthermore, a crane operator died in a June 1958 construction accident. [103][104] The new name refers to the building's position on Liberty Street, but also connects to the Statue of Liberty in the distance and to "the good fortune that, according to Chinese tradition, is bound up in the number 8 [and] 28 denotes 'double prosperity'".Chinese, Sculptor Isamu Noguchi, a frequent collaborator of Bunshaft's,[39] was consulted for the design of the plaza. [49] of renovated retail space which will occupy the basement of the building. Fosun Property Holdingsâ redevelopment of One Chase Manhattan Plazaânow known as 28 Liberty Streetâhas been filling up with tenants recently. [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] as part of a series of contemporary artworks collected or commissioned by Chase Manhattan. [22] Afterward, steel work commenced in December 1958,[10] with the building topping out during September 1959. 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