28 Liberty Street

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28 Liberty Street
One Chase Manhattan Plaza 1.jpg
28 Liberty Street facade
28 Liberty Street is located in Lower Manhattan
28 Liberty Street
Location within Lower Manhattan
28 Liberty Street is located in Manhattan
28 Liberty Street
28 Liberty Street (Manhattan)
28 Liberty Street is located in New York City
28 Liberty Street
28 Liberty Street (New York City)
28 Liberty Street is located in New York
28 Liberty Street
28 Liberty Street (New York)
General information
StatusComplete
Location28 Liberty Street, New York, NY 10005, United States
Coordinates40°42′28″N 74°00′32″W / 40.70778°N 74.00889°W / 40.70778; -74.00889Coordinates: 40°42′28″N 74°00′32″W / 40.70778°N 74.00889°W / 40.70778; -74.00889
Construction startedJanuary 1957
Topped-outSeptember 1959
Completed
  • 1961 (Tower)
  • May 7, 1964 (Plaza)
OwnerFosun International
Height
Architectural813 ft (248 m)
Technical details
Floor count60 (+5 below ground)
Floor area2,299,979 sq ft (213,675.0 m2)
Lifts/elevators37
Design and construction
ArchitectSkidmore, Owings and Merrill
Structural engineerSkidmore, Owings and Merrill, Weiskopf & Pickworth LLP
Main contractorTurner Construction

28 Liberty Street,[1] formerly known as 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.[2] It has 60 floors, with 5 basement floors, and is 248 meters (813 ft) tall, making it the 26th tallest building in New York City, the 43rd tallest in the United States, and the 200th tallest building in the world.[3]

History[edit]

The Chase Manhattan Bank president of that time, David Rockefeller, the late patriarch of the Rockefeller family, was the prime mover of the construction and the building's location, notably because many corporations had moved uptown, and the Financial District had languished as a result. It was begun in 1956 and completed in 1961.[4]

One Chase Manhattan Plaza is shaped like "an enormous steel-framed rectangle". The 813 ft (248 m) building has about 1,800,000 square feet (170,000 m2) of aboveground floor area. Another 600,000 square feet (56,000 m2) in the basements contains "a truck entrance, mechanical equipment rooms, vaults, a [Chase] branch bank, and a cafeteria". There are aluminum panels—chosen for their durability and performance—as well as mullions and column cladding on the facade. The columns are about 3 by 5 feet (0.91 by 1.52 m) thick and are about 29 feet (8.8 m) apart from each other. The columns extend from the building on its long sides. The floors cantilever on the columns on the building's short sides.[5]

The New York Landmarks Preservation Commission designated One Chase Manhattan Plaza a landmark in 2008.[6] On October 18, 2013, JPMorgan sold the building to Fosun, a Chinese investment company, for $725 million.[7] Fosun rebranded One Chase Manhattan Plaza as 28 Liberty Street in 2015.[8]

The new name refers to the east-west street on which the building sits 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'".[4]

See also[edit]

References[edit]

Notes

  1. ^ Morris, Keiko, "A Landmark Office Tower in Lower Manhattan Reimagined" (subscription), Wall Street Journal, March 11, 2015.
  2. ^ SOM.com, Completion date
  3. ^ Emporis.com, Design Specs
  4. ^ a b Morris, Keiko, "Downtown Tower Gets a Symbolic New Name" (subscription), Wall Street Journal, January 11, 2015. Retrieved 2017-03-20.
  5. ^ Krinsky, Carole Herselle, Gordon Bunshaft of Skidmore, Owings & Merrill (New York: The Architectural History Foundation, 1988) excerpt (pp. 72-74, 76) at greatbuildings.com.
  6. ^ "One Chase Manhattan Plaza (aka 16-48 Liberty Street, 26-40 Nassau Street, 28-44 Pine Street, 55-77 William Street) Archived 2016-03-04 at the Wayback Machine., Landmarks Preservation Commission, February 10, 2009.
  7. ^ Levitt, David M. (2013-10-18). "JPMorgan Sells Chase Manhattan Plaza in NYC to China's Fosun". Bloomberg. Retrieved 2013-11-27.
  8. ^ Bindelglass, Evan, "Landmarks Wants Re-Think of Re-Development At 28 Liberty Street", New York YIMBY, May 6, 2015.

Further reading

  • Wilson, John D. (1986). The Chase: The Chase Manhattan Bank, N.A., 1945-1985. Boston, Mass: Harvard Business School Press. ISBN 978-0-87584-134-2.

External links[edit]