[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. Other features of the plaza include planteres and benches. [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. [102] Fosun rebranded One Chase Manhattan Plaza as 28 Liberty Street in 2015. [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. [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. Clausen Miller (39th Floor) [23], The 11th, 31st, and 51st floors and the third basement level are mechanical floors. Getty Images offers exclusive rights-ready and premium royalty-free analog, HD, and 4K video of the highest quality. [1] Construction started in early 1957, and though the tower opened in early 1961, the basements and plaza were not opened until 1964. Up to 1,800 workers were employed at any given time. Chase Manhattan's parent company JPMorgan Chase sold the building to Chinese investment company Fosun in 2013; the building was subsequently renamed 28 Liberty Street. The truck was later found abandoned, and the robbers escaped. Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. [10][72] Furthermore, a crane operator died in a June 1958 construction accident. Apex Clearing (30th Floor; 4,244 SF.) One Chase Manhattan Plaza New York, NY 10005 Citibank 0.1 mi. [20][29][30] There are numerous revolving doors to the south and west. [90][91][92] [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). [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. [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. [48] While Chase moved its headquarters to 270 Park Avenue in 1996,[87] it retained 70% of the space at One Chase Manhattan Plaza. [69] Of these, aluminum was used for its cost and appearance, despite both materials performing similarly. The firm renamed the property to One Chase Manhattan to 28 Liberty Street back in 2015. In its early years, the building faced several challenges. 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. 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. The New York City Landmarks Preservation Commission designated the building a landmark in 2008. Phone. Its current home is at lower Manhattan’s 28 Liberty St., where it was one of the original tenants. 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. [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. "[124] Wolf Von Eckardt said in 1962 that the design was "another quiet triumph" for architecture despite being "not sensationally original". [90][91][92] 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. [39] A photograph of the building by Erich Locker, called "The Chase Manhattan Tower at Dawn", was utilized in many advertisements. [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. [83] [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. [10][11] At the time, the total cost was estimated at $121 million, with $94 million for construction, another $16 million for utilities and land acquisition, and $11 million for furniture. There are also connections to Wall Street (4 and ​5 trains) and to Broad Street (J and ​Z trains) via passageways underground. Despite some early challenges, One Chase Manhattan Plaza was nearly fully occupied from its opening, with numerous financial and legal tenants. Magenics [14][24][25][26] There were only 150 private offices for the 7,500 employees who worked in the tower upon its opening. In 2013, Steve Witkoff made an unsolicited $650 million offer to purchase the building and convert it into a hotel and condominiums. [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. 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. Little Cupcake Bake Shop [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. 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. Property Type: Skyscraper 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. Milbank, Tweed, Hadley & McCloy 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. 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. ESG announces division for asset management. [34], Escalators connected the lobby to the concourse directly below it. [10][72] Furthermore, a crane operator died in a June 1958 construction accident. [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. [49] By the early 1970s, though the names of several other buildings in Manhattan ended in the word "Plaza", One Chase Manhattan Plaza was the only such building that did not have an address designation based on a surrounding street. [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] Architectural Forum described the construction as "a milestone, perhaps even an end point in the development of the American skyscraper, which for decades has been the summit meeting place of business, engineering, and art. By March 2008, the tower and the surrounding plaza were being considered for official landmark status. 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. [72] Chase Manhattan opened a temporary office within the tower while the plaza and basements were under construction. ... That building was known as Chase Manhattan Plaza until JPMorgan Chase & Co. [73] The plaza's official opening was celebrated with a party in May 1964. 1 Chase Manhattan Plz Directions {{::location.tagLine.value.text}} Sponsored Topics. [5], Construction on the tower began in late 1956. [46] The sculpture is made of several fiberglass "leaves" and painted with polyurethane in hues of black and white. [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. 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. Lobby Hours. Each story measures 280 by 106 feet (85 by 32 m), with about 30,000 square feet (2,800 m2) of area. [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. The project was designed by Skidmore, Owings & Merrill (hereafter SOM), with J. Walter Severinghaus as partner in charge, … Zurick Reinsurance takes 3 floors at Chase Manhattan Plaza downtown. [15] An air-conditioning system is embedded in the ceiling of each story. [48] Time magazine stated that 28 Liberty Street had "the Rockefeller touch"[121] while The New York Times referred to the tower as "New York’s newest landmark". Price: Buildings in this range and location today are averaging rents between $60 to $90 PSF. The firm renamed the property to One Chase Manhattan to 28 Liberty Street back in 2015. 28 Liberty Street is on the northern half of a city block bounded to the west by Japanese rock garden designed by Isamu Noguchi. The downtown skyscraper known once before as One Manhattan Plaza now stands topday as 28 Liberty. On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million,[98][101] finalizing the sale that December. 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. 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. 100 William St. New York, NY 10038 Santander Bank 0.1 mi. Over 1 million sq. 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. Its plaza is on the southeastern portion of the site, while the southwestern portion is occupied by 20 Pine Street,[2] which had been Chase Manhattan Bank's previous headquarters. [102] Fosun rebranded One Chase Manhattan Plaza as 28 Liberty Street in 2015. (retail $400 PSF. [98], On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million,[98][101] finalizing the sale that December. 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. [8], Skidmore, Owings & Merrill (SOM) designed 28 Liberty Street. • Concierge / Security 24/7 Service [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]". [88] The same month, the public plaza around the tower was renamed for David Rockefeller. [96] The barricades were dismantled in November 2013. The building's design is similar to that of SOM's earlier Inland Steel Building in Chicago. [36], By March 2008, the tower and the surrounding plaza were being considered for official landmark status. [36] 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. [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. Property Details Chase Manhattan Automotive Finance Corporation, Chase Auto Leasing Corporation and other 108 businesses listed there. [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. [33] Passageways in the concourse led to the three surrounding subway stations. [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. [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. Initial planning [35] On the roof are a series of fans, which are hidden behind a four-story enclosure with a surrounding parapet. [31] Due to the topography of the area, the northern end of the plaza is 20 feet (6.1 m) above ground level, while the southern end is just above ground level. [14] [46], In its early years, the building faced several challenges. [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. [27] Bunshaft had planned to place a sculpture on the 60th-story landing, but after realizing that the ornamented spire of 40 Wall Street was visible from that level, abandoned plans for the sculpture. [53] Few large buildings and structures had been erected in the neighborhood since the 1930s, except for transit infrastructure such as the Brooklyn–Battery Tunnel and office towers at 99 Church Street and 161 William Street. Fosun Property Holdings’ redevelopment of One Chase Manhattan Plaza—now known as 28 Liberty Street—has been filling up with tenants recently. [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. Name JPMorgan Chase Bank Address 1 Chase Manhattan Plaza, New York, New York, 10005 Phone 800-935-9935 Hours [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. The changes slated for the property have been approved by the Landmarks Preservation Commission (LPC) and will allow for three glass pavilions on the site which will give focus to the entrance from the plaza while giving access to the retail corridor below ground. [20][30] Chase's main branch, beneath 28 Liberty Street's plaza, was accessed from the concourse and was lit by a oval 60-foot-diameter (18 m) recess surrounded by a transparent barrier. Follow us: We're here to help you manage your money today and tomorrow. These information answers detailedly about what to visit in New York. [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. There are stairs leading down the east side of the plaza to Cedar Street. [39][43] Additionally, the garden incorporated three fountains fed by 45 pipes, which drained into a trough that circumscribed the rock garden. ONE CHASE MANHATTAN PLAZA (aka 16-48 Liberty Street, 26-40 Nassau Street, 28-44 Pine Street, 55-77 William Street). The aluminum panels—chosen for their durability and performance—as well as vertical aluminum mullions. [31] [37][38] Three marble staircases and two ramps connected the sidewalk to the plaza: a wide staircase and ramp from Pine Street to the south, a split staircase and ramp from Nassau and Cedar Streets to the west, and a smaller staircase from William and Cedar Streets to the east. Mutual Life had expanded into several annexes on Liberty and Cedar Streets, as well as rented space in two buildings on Cedar Street. 1 Chase Manhattan Plaza was first built in 1963 and has 60 floors and a total of 13 units. [75] The structure cost $138 million in total, including the plaza. [14][15] There are refrigeration units and steam turbine compressors on the 11th and 31st floors; the equipment on the 11th floor serves all stories below the 21st, while the equipment on the 31st floor serves all stories above the 22nd. 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. This provided great flexibility for the interior floor plans, which many prospective tenants desired. The truck was later found abandoned, and the robbers escaped. US. [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). In its early years, the building faced several challenges. [10][11] At the time, the total cost was estimated at $121 million, with $94 million for construction, another $16 million for utilities and land acquisition, and $11 million for furniture. [96] The barricades were dismantled in November 2013. [46] The sculpture is made of several fiberglass "leaves" and painted with polyurethane in hues of black and white. [10] Other features of the plaza include planteres and benches. [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. 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. [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. [86] The renovations were completed by 1994. By the early 1970s, though the names of several other buildings in Manhattan ended in the word "Plaza", One Chase Manhattan Plaza was the only such building that did not have an address designation based on a surrounding street. [73] The plaza's official opening was celebrated with a party in May 1964. [71] This was followed by the completion of the curtain wall in March 1960. In addition, 28 Liberty Street was the first curtain-walled building to be taller than 800 feet (240 m). [3] The tower and the plaza cover 2.5 acres (1.0 ha) in total. [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. [14][19][d] This made 28 Liberty Street the largest new building in New York City by floor area since the mid-1930s. Hotels near One Chase Manhattan Plaza: (0.06 mi) AKA Wall Street (0.12 mi) Artezen Hotel (0.10 mi) Radisson Hotel New York Wall Street (0.12 mi) Gild Hall A Thompson Hotel (0.12 mi) Residence Inn by Marriott New York Downtown Manhattan World Trade Center Area; View all hotels near One Chase Manhattan Plaza on Tripadvisor NY's first lifestyle center welcomes 11 new tenants. Financial District, Manhattan, New York City, New York, United States Faced with shimmering panels of natural color and black-enameled aluminum, H-shaped mullions and glass, One Chase Manhattan Plaza is among the largest and most important 20 century skyscrapers in New York City. The public plaza faces Federal Hall National Memorial to the southwest and 40 Wall Street to the south. [46] The sculpture is made of several fiberglass "leaves" and painted with polyurethane in hues of black and white. In total the capital improvements applied to the property has helped to transform the building by mainly improving original features and therefore staging it as a top commercial haven for business owners. [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. Fireman’s Fund Insurance (37th Floor) 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. Two established banks in Lower Manhattan, the Chase National Bank and the Manhattan Company, merged to create the Chase Manhattan Bank in 1955. [23] By December 1960, the tower was completed, and Chase Manhattan Bank employees began moving in to the new tower the next month. The building was designed by Gordon Bunshaft, of the firm Skidmore, Owings & Merrill (SOM), and consists of a stainless steel facade with black spandrels below the windows. What this Building Can Offers Its Tenants: SEE A SAMPLE FLOOR PLAN – Sample Floor Plate, Floors: 60 Stories / 813 Feet [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. 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