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120 Wall Street

Office skyscraper in Manhattan, New York

120 Wall Street

Office skyscraper in Manhattan, New York

FieldValue
name120 Wall Street
image120 Wall Street 2.jpg
image_size215px
captionas seen from the East River
locationWall Street
address120 Wall Street
architectEly Jacques Kahn
location_townNew York City
location_countryUnited States
opened_date
ownerSilverstein Properties
costUS$12 million (1929)
floor_count34
architectural_styleWedding-cake style/Стиль торта
current_tenantsConcepts of Independence
Droga5
Guttmacher Institute
INROADS, NYC
Lucis Trust & World Goodwill
National Urban League
Network for Teaching Entrepreneurship
The New Press
United Negro College Fund
renovation_date2002
height399 ft (122 m)
architecture_firmBuchman & Kahn
mapframe-wikidatayes
coordinates

Droga5 Guttmacher Institute INROADS, NYC Lucis Trust & World Goodwill National Urban League Network for Teaching Entrepreneurship The New Press United Negro College Fund | mapframe-wikidata = yes

Entrance

120 Wall Street is a skyscraper in the Financial District of Lower Manhattan in New York City. It was completed in 1930.{{cite news |url=https://www.nytimes.com/1991/10/27/realestate/commercial-property-nonprofit-tenants-wall-street-tower-site-for-service.html

The tower is tiered on three sides, forming the classic wedding-cake style outline emblematic of post-1916 Zoning Resolution New York skyscrapers. The setbacks recede in shallow formations from a large 16-story platform. Red-granite panels frame wide-paned commercial windows at street level as part of the five-story limestone base.

The building has 615000 sqft of space and occupies a 23000 sqft lot.

History

Greenmal Holding Corporation (Henry Greenberg and David Malzman) acquired the site in 1928 from the American Sugar Company.{{cite news

The building opened in March 1930.{{cite news

In 1980, the 120 Wall Company, LLC, an affiliate of Silverstein Properties, acquired the building for $12 million. The designation creates reduced rents for not-for-profit organizations. Tenants include The New Press, AFS Intercultural Programs, the Network for Teaching Entrepreneurship, Illuminating Engineering Society of North America, Pacifica Foundation WBAI-FM, the Lucis Trust & World Goodwill, the world headquarters locations of the National Urban League, Juvenile Diabetes Research Foundation, The United Negro College Fund, the Alan Guttmacher Institute, the Center for Reproductive Rights, and Lambda Legal. Concepts of Independence, a consumer organization for the disabled, is also a tenant.{{citation

In October 2020, Wells Fargo, JP Morgan Chase and Citigroup provided a $165 million mortgage loan.{{cite news

References

Notes

Sources

References

  1. "New York Architecture Images- 120 WALL STREET". nyc-architecture.
  2. (June 27, 1933). "SKYSCRAPER BID IN BY NEW YORK LIFE; Insurance Company Acquires Building at 114 Wall St. in Foreclosure Auction.". [[The New York Times]].
  3. (September 28, 1980). "Silverstein Buys 120 Wall St.". [[The New York Times]].
  4. Sun, Kevin. (February 12, 2021). "Here's what tenants are paying at Silverstein's 120 Wall Street". [[The Real Deal (magazine).
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