375 Pearl Street
|375 Pearl Street|
|Location||375 Pearl Street, New York City|
|Owner||Sabey Data Center Properties|
|Roof||540 feet (160 m)|
|Floor area||1.098 million square feet (102×103 m2)|
|Design and construction|
|Architect||Rose, Beaton & Rose|
The building, which appears windowless but has several 3-foot-wide slits (0.91 m) (some with glass) running up the building, is featured in most photos of the bridge from the Brooklyn side. Verizon operations include a small DMS-100 switching system and a Switching Control Center System. The building's CLLI code, its identification in the telecommunications industry, is NYCMNYPS.
When it opened in 1975 for New York Telephone Company, New York Times architecture critic Paul Goldberger decried it as the “most disturbing” of the phone company’s new switching centers because it “overwhelms the Brooklyn Bridge towers, thrusts a residential neighborhood into shadow and sets a tone of utter banality.”
The building played an important part in recovering service to the police department in the attacks of September 11, 2001.
In September 2007 it was announced that Taconic Partners bought the building from Verizon. Verizon will lease back floors 8 through 10. Taconic bought the 1.098-million-square-foot building (102,000 m2) for $172.05 million, which amounted to $185 a foot when property was selling in Manhattan for $500 a foot. Other appeals of the building are its 16- to 17-foot (5.2 m) ceilings and 39,000-square-foot (3,600 m2) floor plans as well as the naming rights. The Verizon logo currently tops the building.
Paul E. Pariser, co-chief executive of Taconic, said a reporter had told him: 'Mr. Pariser, you have a challenge cut out for you — turning a G.E. dishwasher into an office building.' I like that challenge.
In early June 2011, Sabey Data Center Properties, the largest privately held developer, owner, and operator of data centers in the United States purchased the deed in lieu of foreclosure from M&T bank for $120 million, considerably less than what Taconic had paid a few years earlier. Sabey intends to redevelop the property as a major Manhattan data center and technology building. The building is now referred to as Intergate.Manhattan.
“As the few major existing data centers and carrier hotels in Manhattan are nearing capacity from space, power, and cooling perspectives, we view 375 Pearl as an asset uniquely positioned to offer a world class computing environment for those users with on-island data center needs,” said Chris Trapp, Sabey’s Vice President of Acquisitions & Leasing. “The building has all the bones – an abundance of power, a purpose-built structure, and tremendous prospects from a connectivity standpoint to be just that.”
- Tall Buildings in Selected North American Cities - history.com at the Wayback Machine (archived February 8, 2010)
- "One Brooklyn Bridge Plaza". SkyscraperPage. Retrieved September 7, 2013.
- "Retirement and Removal of Verizon Broadway 4ESS Tandem (NYCMNYBW21T)". Verizon.com. Verizon. 8 December 2009. Retrieved 9 February 2013.
- Dunlap, David W. (2008-01-15). "Open a New Window: A Tower With a View". New York Times. Retrieved 2009-09-04.
- Weiss, Lois (2007-09-26). "Downtown Tower Deal; Verizon Sells Cheap to Taconic". New York Post. Retrieved 2009-09-04.
- "Intergate.Manhattan". Sabey. Retrieved September 7, 2013.
- "Sabey Acquires Huge Verizon Building in NYC". Data Center Knowledge. June 7, 2011. Retrieved September 7, 2013.
- "Are these the ugliest buildings in the world?". The Daily Telegraph. April 10, 2012. Retrieved September 7, 2013.
- Media related to 375 Pearl Street at Wikimedia Commons