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Federal Reserve Bank of New York

1914 establishments in New York CityEconomy of New York CityFederal Reserve Bank of New YorkFederal Reserve BanksFinancial District, Manhattan
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The Federal Reserve Bank of New York is one of the 12 Federal Reserve Banks of the United States. It is responsible for the Second District of the Federal Reserve System, which encompasses New York State, the 12 northern counties of New Jersey, Fairfield County in Connecticut, Puerto Rico, and the U.S. Virgin Islands. Located at 33 Liberty Street, New York, New York, it is by far the largest (by assets), most active (by volume) and most influential of the Reserve Banks. The Federal Reserve Bank of New York acts as the market agent of the Federal Reserve System (as it houses the Open Market Trading Desk, which executes transactions for the System Open Market Account), the sole fiscal agent of the U.S. Department of the Treasury, the bearer of the Treasury's General Account, and the custodian of the world's largest gold storage reserve, in addition to having the same responsibilities and tasks as the other Reserve Banks.Among the other regional Reserve banks, the New York Fed and its president are therefore considered first among equals. Its current president is John C. Williams.

Excerpt from the Wikipedia article Federal Reserve Bank of New York (License: CC BY-SA 3.0, Authors, Images).

Federal Reserve Bank of New York
Liberty Street, New York Manhattan

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N 40.708767 ° E -74.008756 °
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Federal Reserve Bank of New York

Liberty Street 33
10045 New York, Manhattan
New York, United States
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newyorkfed.org

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Federal Reserve Bank of New York Building
Federal Reserve Bank of New York Building

The Federal Reserve Bank of New York Building, also known as 33 Liberty Street, is a building in the Financial District of Manhattan in New York City, which serves as the headquarters of the Federal Reserve Bank of New York. The building occupies the full block between Liberty, William, and Nassau Streets and Maiden Lane; it narrows at its east end, following the footprint of the block. The Federal Reserve Building has fourteen above-ground stories and five basement levels, designed by York and Sawyer with decorative ironwork by Samuel Yellin of Philadelphia. Its facade is separated horizontally into three sections: a base, midsection, and top section. The stone exterior is reminiscent of early Italian Renaissance palaces such as Florence's Palazzo Strozzi and Palazzo Vecchio. The horizontal and vertical joints of the facade's stones are deeply rusticated. The Federal Reserve Building's gold vault rests on Manhattan's bedrock, 80 feet (24 m) below street level and 50 feet (15 m) below sea level. The vault contains the largest known monetary-gold reserve in the world, with about 6,190 short tons (5,620 metric tons) in storage as of 2019. The building was erected from 1919 to 1924, with an eastward extension built in 1935. The Federal Reserve Building's design and scale was largely praised upon its completion. The building was designated a city landmark by the New York City Landmarks Preservation Commission in 1966 and was added to the National Register of Historic Places (NRHP) in 1980. It is a contributing property to the Wall Street Historic District, an NRHP district created in 2007.

Liberty Tower (Manhattan)
Liberty Tower (Manhattan)

The Liberty Tower, formerly the Sinclair Oil Building, is a 33-story residential building in the Financial District of Manhattan in New York City. It is at 55 Liberty Street at the northwest corner with Nassau Street. It was built in 1909–10 as a commercial office building and was designed by Henry Ives Cobb in a Gothic Revival style. The site is adjacent to the New York Chamber of Commerce Building, while the Federal Reserve Bank of New York Building is to the east, across Nassau Street. Upon its completion, Liberty Tower was said to be the world's tallest building with such a small footprint, having a floor area ratio of 30 to 1. The building's articulation consists of three horizontal sections similar to the components of a column, namely a base, shaft, and capital. The limestone building is covered in white architectural terracotta with elaborate ornament. The law office of future U.S. president Franklin Delano Roosevelt was one of its first commercial tenants after the building opened in 1910. Shortly after World War I, the entire building was bought by Sinclair Oil. In 1979, architect Joseph Pell Lombardi converted the building from commercial use into residential apartments and renamed it the "Liberty Tower", in one of the first such conversions in Manhattan south of Canal Street. The building was designated a city landmark by the New York City Landmarks Preservation Commission in 1982 and was added to the National Register of Historic Places (NRHP) in 1983. It is also a contributing property to the Wall Street Historic District, an NRHP district created in 2007.

Chamber of Commerce Building (Manhattan)
Chamber of Commerce Building (Manhattan)

The Chamber of Commerce Building is a commercial building on 65 Liberty Street, between Liberty Place and Broadway, in the Financial District of Manhattan in New York City. Designed by architect James Barnes Baker, the four-story Beaux-Arts building was constructed between 1901 and 1902 as the first headquarters to be built specifically for the Chamber of Commerce of the State of New York. The structure is clad with Vermont marble and includes a rusticated masonry base, a short colonnade, and a copper mansard roof. The facade formerly contained statues of John Jay, Alexander Hamilton, and DeWitt Clinton, which had been designed by Daniel Chester French and Philip Martiny. The second story contained the Chamber of Commerce's Great Hall, hung with portraits of important individuals from American history. The rest of the building was largely devoted to offices or meeting rooms for the Chamber. Over the years, numerous stores and banks have rented out the ground story. The building's design was largely positively received upon its completion. The building was constructed after funds were raised from wealthy members of the Chamber of Commerce. Architects Helmle and Corbett remodeled the interior and built a new floor in 1922, resulting in changes to the mansard roof. French and Martiny's sculptures, installed in 1903, were removed in 1926 due to severe deterioration. After the Chamber of Commerce relocated to Midtown Manhattan in 1979, the building stood vacant for ten years. The International Commercial Bank of China bought the building in 1989 and the interior was subsequently renovated by Haines Lundberg Waehler. The Chamber of Commerce Building's design and scale was largely praised upon its completion. The building was designated a city landmark by the New York City Landmarks Preservation Commission in 1966 and was added to the National Register of Historic Places (NRHP) in 1973. The building also became a National Historic Landmark in 1977. It is a contributing property to the Wall Street Historic District, an NRHP district created in 2007.

28 Liberty Street
28 Liberty Street

28 Liberty Street, formerly known as One Chase Manhattan Plaza, is a 60-story International style skyscraper in the Financial District of Manhattan in New York City, between Nassau, Liberty, William, and Pine Streets. The building was designed by Gordon Bunshaft of the firm Skidmore, Owings & Merrill (SOM). Opened in 1961, it is 813 feet (248 m) tall. 28 Liberty Street occupies only about 28 percent of its 2.5-acre (1.0 ha) site. It consists of 60 above-ground stories, a ground-level concourse, and five basement levels. The tower is surrounded by a plaza that contains a sunken Japanese rock garden, designed by Isamu Noguchi, to the south. The building's design is similar to that of SOM's earlier Inland Steel Building in Chicago. It contains a stainless steel facade with black spandrels below the windows. The superstructure contains 40 steel columns, arranged around the perimeter and clustered around the core to maximize usable space. There were only 150 private offices for the 7,500 employees who worked in the tower upon its opening. 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. Construction started in early 1957, and though the tower opened in early 1961, the basements and plaza were not opened until 1964. Despite some early challenges, One Chase Manhattan Plaza was nearly fully occupied from its opening, with numerous financial and legal tenants. The building was renovated in the early 1990s, and Chase moved its headquarters in 1997. The New York City Landmarks Preservation Commission designated the building a landmark in 2008. 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.

140 Broadway
140 Broadway

140 Broadway (formerly known as the Marine Midland Building or the HSBC Bank Building) is a 51-story International Style office building on the east side of Broadway between Cedar and Liberty streets in the Financial District of Manhattan in New York City. The building was designed by Gordon Bunshaft, of the firm Skidmore, Owings & Merrill, and consists of a mostly smooth black facade on a trapezoidal plot. It is approximately 688 feet (210 m) tall, with approximately 1.17 million rentable square feet (109,000 m2). It is known for the distinctive sculpture at its entrance, Isamu Noguchi's Cube. The developer Erwin S. Wolfson acquired the site in several stages between 1952 and 1961. Initial plans called for a 36-story monolith, but when Wolfson died, the architects modified their plans to a 51-story tower, which occupied only two-fifths of the block and conformed to the 1961 Zoning Resolution. The building was erected between late 1964 and 1967 and was originally known for its main tenant, the Marine Midland Corporation (later part of HSBC). Several early tenants were affiliated with the financial industry, including banking and accounting firms. In 1998, the building was sold to Silverstein Properties, which undertook a major renovation. The primary tenant of the building since 2002 is Brown Brothers Harriman, filling a vacancy left after HSBC relocated in 2001. The building has been owned by Union Investment since 2004, and the New York City Landmarks Preservation Commission designated the building as a city landmark in 2013. Reviews of the building among architecture critics have been largely positive, with several praising the structure's smooth black facade.