Foundation work took place between March 1957 and November 1958, and excavations reached 90 feet (27 m) below ground level. [14][19][d] This made 28 Liberty Street the largest new building in New York City by floor area since the mid-1930s. 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). [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. [73] The plaza's official opening was celebrated with a party in May 1964. Each story measures 280 by 106 feet (85 by 32 m), with about 30,000 square feet (2,800 m2) of area. [69] Of these, aluminum was used for its cost and appearance, despite both materials performing similarly. Planning and construction There are 4 closings on record since 1988-08-10, of which we have matching data for 0 listings. [48] While Chase moved its headquarters to 270 Park Avenue in 1996,[87] it retained 70% of the space at One Chase Manhattan Plaza. [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. "[124] Wolf Von Eckardt said in 1962 that the design was "another quiet triumph" for architecture despite being "not sensationally original". On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million,[98][101] finalizing the sale that December. [39] In November 1956, architecture critic Douglas Haskell praised the bulky massing of buildings such as 28 Liberty Street, the Seagram Building, and the Lever House. In its early years, the building faced several challenges. Other features of the plaza include planteres and benches. [69] Of these, aluminum was used for its cost and appearance, despite both materials performing similarly. The Middle Collegiate Church was built on the northern portion of the lot in 1731. 2 Gold Street New York, NY 10038 … Perform Media Group (30th Floor) 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. [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. Address. The downtown skyscraper known once before as One Manhattan Plaza now stands topday as 28 Liberty. Location: Financial District / Zip Code 10005-1401 Lobby Hours. [80][f] The "Group of Four Trees" sculpture in the plaza was installed in 1972. [5][76] [79] The building's address caused problems for mail delivery persons and the general public. Back in 2008 the New York Landmarks Preservation Commission classified One Chase Manhattan Plaza a landmark. [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. Year Built: 1957 to 1961 [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. Branch address, phone number, and hours of operation for JPMorgan Chase Bank at Chase Manhattan Plaza, New York NY. [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. ft. of virtually column-free space now available, supported by enhanced infrastructure and tenant generator service. [36], By March 2008, the tower and the surrounding plaza were being considered for official landmark status. [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. [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. [48] [20][29] The concourse, directly below the lobby, was accessed from Liberty Street. <, 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. One Chase Manhattan Plaza is currently occupied by the successor to the "Rockefeller Bank", JPMorgan Chase & Co. [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. 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. [34] Legally, the plaza is private property rather than a privately owned public space. There are stairs leading down the east side of the plaza to Cedar Street. [b] However, these setbacks were not required if the building occupied 25% or less of its lot. The Middle Collegiate Church was built on the northern portion of the lot in 1731. 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. 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. [36] 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. [36] [10] Planning and construction [72] Chase Manhattan opened a temporary office within the tower while the plaza and basements were under construction. Fitapelli & Schafer (30th Floor) [86] The renovations were completed by 1994. Sculptor Isamu Noguchi, a frequent collaborator of Bunshaft's,[39] was consulted for the design of the plaza. This provided great flexibility for the interior floor plans, which many prospective tenants desired. [31] [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. Ten permits for work. Total Building Size: 820,100 SF. 1 Chase Manhattan Plaza was first built in 1963 and has 60 floors and a total of 13 units. • Office Space Leasing Available. [14] The interior columns were hidden inside the building's "core", which contained its elevators and service rooms. [23] By December 1960, the tower was completed, and Chase Manhattan Bank employees began moving in to the new tower the next month. [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. The property contains 60 floors standing in at 813 Feet tall and is footed by 5 subterranean floors. [10][68] Before starting work on One Chase Manhattan Plaza, SOM built a one-story mockup with aluminum and stainless steel at Roosevelt Field. 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. Fosun Property Holdings’ redevelopment of One Chase Manhattan Plaza—now known as 28 Liberty Street—has been filling up with tenants recently. Nearby at Broad Street the J & Z trains service the area all of which is steps away from the building property. [39] A photograph of the building by Erich Locker, called "The Chase Manhattan Tower at Dawn", was utilized in many advertisements. [23] By December 1960, the tower was completed, and Chase Manhattan Bank employees began moving in to the new tower the next month. [102] Fosun rebranded One Chase Manhattan Plaza as 28 Liberty Street in 2015. [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. To fund the improvements, Fosun secured an $800 million loan from Deutsche Bank and HSBC in November 2017. The commercial property offers over 1 million sq. [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. [21] The presence of the columns at ground level creates a colonnade around the lobby, which is recessed behind the upper floors. [90][91][92] The glass panes are set within aluminum panels—chosen for their durability and performance—as well as vertical aluminum mullions. [34], Escalators connected the lobby to the concourse directly below it. [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. [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). [75], Reviews among architecture critics were more varied. [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. Goldman Sachs moving to One New York Plaza. [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". [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. [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. Follow us: We're here to help you manage your money today and tomorrow. [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. [48] 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. [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. [44] [48] While Chase moved its headquarters to 270 Park Avenue in 1996,[87] it retained 70% of the space at One Chase Manhattan Plaza. 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. Crain’s New York Business covers SOM’s recently unveiled plans for the iconic One Chase Manhattan Plaza, now 28 Liberty Street. [5], Construction on the tower began in late 1956. 100 William St. New York, NY 10038 Santander Bank 0.1 mi. [35] On the roof are a series of fans, which are hidden behind a four-story enclosure with a surrounding parapet. [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. [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. [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 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. [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. 28 Liberty Street is on the northern half of a city block bounded to the west by Japanese rock garden designed by Isamu Noguchi. [106][108], From its announcement, 28 Liberty Street was covered extensively in magazines, newspapers, and journals. [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. [126] William H. Whyte, a sociologist, praised the plaza as among the "great processional spaces" in New York City. 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. [96] The barricades were dismantled in November 2013. [73] The plaza's official opening was celebrated with a party in May 1964. ONE CHASE MANHATTAN PLAZA (aka 16-48 Liberty Street, 26-40 Nassau Street, 28-44 Pine Street, 55-77 William Street). 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. Construction on the tower began in late 1956. 28 Liberty St. New York, NY 10005. [48], The Middle Collegiate Church was built on the northern portion of the lot in 1731. [86] The renovations were completed by 1994. 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