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New York Produce Exchange

1861 establishments in New York (state)1884 establishments in New York (state)1957 disestablishments in New York (state)1973 disestablishments in New York (state)Bowling Green (New York City)
Broadway (Manhattan)Buildings and structures completed in 1884Buildings and structures demolished in 1957Commercial buildings in ManhattanCompanies based in New York CityDemolished buildings and structures in ManhattanEconomy of New York CityFinancial District, ManhattanFormer stock exchanges in the United StatesUse mdy dates from March 2021
New York Produce Exchange 1883
New York Produce Exchange 1883

The New York Produce Exchange was a commodities exchange headquartered in the Financial District of Lower Manhattan in New York City. It served a network of produce and commodities dealers across the United States. Founded in 1861 as the New York Commercial Association, it was originally headquartered at Whitehall Street in a building owned by the New York Produce Exchange Company. The Association was renamed the New York Produce Exchange in 1868 and took over the original building in 1872. Between 1881 and 1884, the Produce Exchange built a new headquarters on 2 Broadway, facing Bowling Green in Lower Manhattan. The structure, designed by George B. Post, was the first in the world to combine wrought iron and masonry in its structural construction. The main feature of the structure was an exchange floor that measured approximately 220 by 144 feet (67 by 44 m). The Produce Exchange was profitable following the building's completion. By the 1880s, it had the largest membership of any exchange in the United States, with a maximum of three thousand members. By 1900, the exchange was doing $15 million a day in business. In the early 20th century, activity on the Produce Exchange started to decline due to competition from other cities. The Produce Exchange sold off its building for development in the 1950s; the headquarters was demolished to make way for a skyscraper called 2 Broadway. The exchange had its trading floor in the skyscraper from 1959 until 1973, when it was restructured as the Produce Exchange Realty Trust, a real estate investment trust.

Excerpt from the Wikipedia article New York Produce Exchange (License: CC BY-SA 3.0, Authors, Images).

New York Produce Exchange
Broadway, New York Manhattan

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N 40.704722222222 ° E -74.013055555556 °
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2 Broadway

Broadway 2
10275 New York, Manhattan
New York, United States
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New York Produce Exchange 1883
New York Produce Exchange 1883
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2 Broadway
2 Broadway

2 Broadway is an office building at the south end of Broadway, near Bowling Green Park, in the Financial District of Manhattan in New York City. The 32-story building, designed by Emery Roth & Sons and constructed from 1958 to 1959, contains offices for the Metropolitan Transportation Authority (MTA). 2 Broadway serves as the headquarters for some of the MTA's subsidiary agencies. The building is on a site bounded by Broadway and Whitehall Street to the west, Beaver Street to the north, and Stone Street to the south. It fills most of the lot, with the building rising in triple setbacks. The facade is covered in blue-green tinted glass, which dates from a 1999 redesign by Skidmore, Owings & Merrill. The site was previously occupied by George B. Post's New York Produce Exchange building, which was completed in 1884. Plans for the skyscraper date to 1953, when William Lescaze devised plans to replace the Produce Exchange Building. Emery Roth & Sons were selected to be the architects when Uris Buildings Corporation took over the project. The original tenants were largely financial firms, while the Produce Exchange owned the land under the building and occupied some lower floors. Olympia and York acquired 2 Broadway in 1976 and the underlying land in 1983. After the building became mostly vacant during the early 1990s, Tamir Sapir purchased 2 Broadway in 1995. The building was renovated after the MTA leased all the space in 1998, although the project encountered high costs and several delays.

Marketfield Street
Marketfield Street

Marketfield Street is a short one-way, one-block-long alleyway in the Financial District of Manhattan, New York City. The street begins as a southern branch of Beaver Street, then veers east and north, ending at Broad Street. Alternative past names include Exchange Street, Field Street, Fieldmarket Street, Oblique Road, and Petticoat Lane.The name Marketfield Street is a translation from the Dutch. The street originally ran to the Dutch livestock market, Marcktveldt, located near where Battery Park is now, which was then outside the walls of the city. The market operated from 1638 to 1647. In 1641, the Governor-General of New Netherland, Willem Kieft, opened the colony's first cattle market there.By 1680, mainly poor people were living on Marketfield Street. In 1688, the city's first French Huguenot church was built there.In September 1776, Marketfield Street was part of the area devastated by the Great Fire of New York, which engulfed the southwestern tip of Manhattan. In 1821, a hurricane hit the East Coast, destroying the street's dock. In 1821, Marketfield Street, which overlooked the Hudson River, had a single name throughout its length, but by the 1830s, the street was renamed "Battery Place" from Bowling Green to the Hudson River. The 1882 construction of the New York City Produce Exchange demolished the block of the street that contained the French church.The American Bank Note Company Building at 70 Broad Street, between Marketfield and Beaver Street, was erected in 1908 as the headquarters of the American Bank Note Company.

Alexander Hamilton U.S. Custom House
Alexander Hamilton U.S. Custom House

The Alexander Hamilton U.S. Custom House is a custom house erected in 1902–1907 by the federal government to house the duty collection operations for the Port of New York. Designed by Cass Gilbert in the Beaux-Arts style, it is at 1 Bowling Green in the Financial District near the southern tip of Manhattan in New York City, roughly on the same spot as Fort Amsterdam and Government House. The Custom House was proposed in 1889 as a replacement for the previous New York Custom House at 55 Wall Street. Due to various disagreements, the Bowling Green Custom House was not approved until 1899; Gilbert was selected as an architect following a competition. The building was officially opened in 1907, and the murals in the rotunda were added in a Works Progress Administration project in 1938. The United States Customs Service moved out of the building in 1974, and it sat abandoned for over a decade until renovations in the late 1980s. In 1990, the Custom House was renamed to commemorate Alexander Hamilton, one of the Founding Fathers of the United States and its first Secretary of the Treasury. The building presently contains the George Gustav Heye Center of the National Museum of the American Indian, which opened in 1994, as well as the United States Bankruptcy Court for the Southern District of New York. Since 2012, it is also the home to the National Archives at New York City. The exterior of the U.S. Custom House was designated a city landmark by the New York City Landmarks Preservation Commission in 1965, while part of the interior was similarly designated in 1979. The building was added to the National Register of Historic Places in 1972 and was named a National Historic Landmark in 1976. It is also a contributing property to the Wall Street Historic District, a NRHP district created in 2007.

26 Broadway
26 Broadway

26 Broadway, also known as the Standard Oil Building or Socony–Vacuum Building, is an office building adjacent to Bowling Green in the Financial District of Lower Manhattan in New York City. The 31-story, 520-foot-tall (160 m) structure was designed in the Renaissance Revival style by Thomas Hastings of Carrère and Hastings, in conjunction with Shreve, Lamb & Blake. It was built as the headquarters of Standard Oil, once one of the largest oil companies in the United States. 26 Broadway is on a pentagonal site bounded by Broadway to the northwest, Bowling Green to the west, Beaver Street to the south, New Street to the east/southeast, and the axis of Morris Street to the north. The first sixteen stories occupy much of the lot, with several setbacks, a curved facade along Broadway, and two light courts. Above it is a twelve-story tower topped by a stepped pyramid. The ground story has a 40-foot-tall (12 m) lobby leading to three banks of elevators. The Standard Oil executive offices on the top stories included a board room on the 21st floor. The original structure was built in 1884–1885 for Standard Oil on the former site of U.S. treasury secretary Alexander Hamilton's house. The Standard Oil Building was expanded in 1895 and again after World War I, when Walter C. Teagle bought four neighboring buildings to create a continuous lot. The building was greatly expanded to its current size in a multi-phase construction project that took place between 1921 and 1928. 26 Broadway was sold to another owner in 1956 but remained a prominent structure on Bowling Green. In 1995, the New York City Landmarks Preservation Commission designated 26 Broadway as an official city landmark. It is also a contributing property to the Wall Street Historic District, a National Register of Historic Places district created in 2007.

Charging Bull

Charging Bull, sometimes referred to as the Bull of Wall Street or the Bowling Green Bull, is a bronze sculpture that stands on Broadway just north of Bowling Green in the Financial District of Manhattan in New York City. The 7,100-pound (3,200 kg) bronze sculpture, standing 11 feet (3.4 m) tall and measuring 16 feet (4.9 m) long, depicts a bull, the symbol of aggressive financial optimism and prosperity. Charging Bull is a popular tourist destination that draws thousands of people a day, symbolizing Wall Street and the Financial District. The sculpture was created by Italian artist Arturo Di Modica in the wake of the 1987 Black Monday stock market crash. Late in the evening of Thursday, December 14, 1989, Di Modica arrived on Wall Street with Charging Bull on the back of a truck and illegally dropped the sculpture outside of the New York Stock Exchange Building. After being removed by the New York City Police Department later that day, Charging Bull was installed at Bowling Green on December 20, 1989. Despite initially having only a temporary permit to be located at Bowling Green, Charging Bull became a popular tourist attraction. Di Modica may have been influenced by a pair of huge metallic sculptures, a charging bull and a bear, placed in front of the Frankfurt, Germany Stock Exchange in 1985 as part of the 400th celebration of the exchange. Following the success of the original sculpture, Di Modica created a number of variations of the Charging Bull which have been sold to private collectors. Charging Bull has been a subject of criticism from an anti-capitalist perspective, such as in the Occupy Wall Street protests of 2011, and has also been compared to the biblical golden calf worshiped by the Israelites shortly after their Exodus from Egypt.