40°45′22.93″N 73°58′38.23″W / 40.7563694°N 73.9772861°W / 40.7563694; -73.9772861
143-606: 5 Beekman Street is a building in the Financial District of Lower Manhattan in New York City , United States. It is composed of the 10-story, 150-foot-tall (46 m) Temple Court Building and Annex (also known as Temple Court ) and a connected 51-story, 687-foot-tall (209 m) condominium tower called the Beekman Residences , which contains 68 residential units. The 287-unit The Beekman,
286-612: A Con Edison plant. With mass transit in New York City already suspended as a precaution even before the storm hit, the New York Stock Exchange and other financial exchanges were closed for two days, re-opening on October 31. From 2013 to 2021, nearly two hundred buildings in the Financial District were converted to residential use. Furthermore, between 2001 and 2021, the proportion of companies in
429-445: A National Register of Historic Places district. In 2008, Joseph Chetrit and Charles Dayan purchased 5 Beekman Street from Schron for $ 61 million, with plans to convert it into a 200-room hotel. Hillel Spinner, representing Dayan's firm Bonjour Capital, managed the building after 2008. With the financial crisis of 2007–2008 , legal disputes formed between Chetrit and Dayan. Chetrit sued Dayan for $ 50 million, alleging that
572-630: A broker for marine insurance , as well as the War Resisters League and the Citizens Union . 5 Beekman Street was renovated again in the early 1990s by John L. Petrarca , and many of the original decorative elements were restored. By the end of that decade, Rena M. Shulsky was planning to restore the Temple Court Building's atrium, and she was actively looking for a partner to restore 5 Beekman Street and erect
715-601: A powerful bomb exploded . It killed 38 and seriously injured 143 people. The area was subjected to numerous threats; one bomb threat in 1921 led to detectives sealing off the area to "prevent a repetition of the Wall Street bomb explosion". During most of the 20th century, the Financial District was a business community with practically only offices which emptied out at night. Writing in The Death and Life of Great American Cities in 1961, urbanist Jane Jacobs described
858-443: A skylight . At the center of the original building is the main atrium. Two pavilions extend south to enclose another light well on the south side of the original building. The annex is C-shaped, with a light well on its northern side connecting to the original structure's light well. The original Temple Court Building's articulation consists of three horizontal sections, with granite cladding at its base and brick and terracotta on
1001-581: A "deathlike stillness that settles on the district after 5:30 and all day Saturday and Sunday". But there has been a change towards greater residential use of the area, pushed forwards by technological changes and shifting market conditions. The general pattern is for several hundred thousand workers to commute into the area during the day, sometimes by sharing a taxicab from other parts of the city as well as from New Jersey and Long Island , and then leave at night. In 1970 only 833 people lived "south of Chambers Street"; by 1990, 13,782 people were residents with
1144-444: A "fireproof" building to date. When Kelly died in 1895, the Temple Court Building passed to the executors of his estate, which included three of his sons and two other individuals. His will specified that the Temple Court Building and its annex "shall not be sold until, in the opinion of the executors, it would be detrimental to hold them longer". The original building and its annex were then considered to be on separate lots . In 1907,
1287-497: A 2010s renovation added a smoke curtain to comply with fire codes. When the building was converted to a hotel and residence in the 2010s, numerous design elements were restored or modified. The interior designer Martin Brudnizki repainted the walls green and added mid-20th-century furniture to make it appear residential. The entrance on the ground, or first, floor consisted of a T-shaped corridor with stores on either side, though
1430-664: A Reading Room, operates a curated independent bookstore primarily featuring works of fiction, rents space to writers at low cost, and presents literary programs to the public. The organization also awards the annual Center for Fiction First Novel Prize . The foundation of the Mercantile Library Association was instigated by the New York Chamber of Commerce , which placed newspaper advertisements in November 1820 asking merchant clerks to meet at
1573-551: A Thompson Hotel , also known as The Beekman Hotel , occupies all three structures. The original section of the Temple Court Building was designed by the firm of Benjamin Silliman Jr. and James M. Farnsworth in the Queen Anne , neo-Grec , and Renaissance Revival styles. It contains a granite base of two stories, as well as a facade of red brick above, ornamented with tan stone and terracotta . The Temple Court Annex
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#17327943114831716-500: A central location and design details that resembled a rural English manor. The Independent called the Beekman "a cosy, bohemian picture of a much older, warmer Gotham". A critic for The Daily Telegraph , in 2018, gave the hotel a rating of 8/10, saying that it had a "central atrium and bar straight out of an Agatha Christie novel". The Telegraph reviewer emphasized the hotel's restaurants and interior architecture. Oyster.com praised
1859-620: A controversy emerged over the publishing company's racial views. Boulud leased the Augustine's old space in October 2021, and his bistro Le Gratin opened in May 2022. By early 1881, wealthy entrepreneur Eugene Kelly had paid $ 250,000 for two lots at Nassau and Beekman streets. Kelly hired real estate broker William H. Whiting to help him buy the site. The New York Times reported that January that Kelly had hired Silliman and Farnsworth to construct
2002-612: A crane collapse. One report divided lower Manhattan into three basic districts: Federal Hall National Memorial , on the site of the first U.S. capitol and the first inauguration of George Washington as the first President of the United States , is located at the corner of Wall Street and Nassau Street . The Financial District has a number of tourist attractions such as the South Street Seaport Historic District, newly renovated Pier 17,
2145-479: A downturn with a sizable drop in year-end bonuses of $ 6.5 billion, according to one estimate from a state comptroller's office. To guard against a vehicular bombing in the area, authorities built concrete barriers, and found ways over time to make them more aesthetically appealing by spending $ 5000 to $ 8000 apiece on bollards . Several streets in the neighborhood, including Wall and Broad Streets, were blocked off by specially designed bollards: Rogers Marvel designed
2288-408: A facade of stone, granite, and brick, with a roof of rock asphalt. Farnsworth had separated from his partnership with Silliman several years prior, and was working alone in the design of the annex. Farnsworth subsequently changed the plans for the annex so that it would have a limestone facade. The expansion was expected to cost $ 300,000 and would involve John Keleber as the mason , Post & McCord as
2431-424: A fifth of buildings and warehouses were empty, and many were converted to living areas. Some conversions met with problems, such as aging gargoyles on building exteriors having to be expensively restored to meet with current building codes. Residents in the area have sought to have a supermarket, a movie theater, a pharmacy, more schools, and a "good diner". The discount retailer named Job Lot used to be located at
2574-435: A further renovation during the 1950s concealed the building's original decorative elements. The Shulsky family transferred the building to another one of its firms, Satmar Realty, in 1953. The lots of the original building and annex were combined by 1962, and the doorway to the annex was turned into a storefront in 1963. During the mid-20th century, many labor organizations took up space at 5 Beekman Street. The tenants included
2717-400: A length of 50 feet (15 m) along Nassau Street and Theater Alley. In total, 5 Beekman Street is 200 feet (61 m) long by 100 feet (30 m) deep. The alternate addresses for the original building and annex include 119–133 Nassau Street, 3–9 Beekman Street, and 10 Theater Alley. The site of 5 Beekman Street was historically part of New York City's first theater district. One theater on
2860-546: A lobby with wooden paneling on its walls; marble floors; and a reception desk with a Persian rug on it. The hotel lobby also has a portrait of the writer Edgar Allan Poe , alluding to the former Clinton Hall on the site. There is a double-height fitness center with a spiral staircase connecting its two levels. On the 11th floor, there is a terrace on the Temple Court Building's roof, as well as private dining and media rooms. 5 Beekman Street contains two restaurants, operated by Daniel Boulud and Tom Colicchio . The first restaurant
3003-653: A local coffee house to discuss forming an organization based on the Mercantile Library in Boston , which had been created earlier that year. The purpose of the new organization was to provide the city's growing population of clerks with an alternative to what were considered to be immoral entertainments and other vices of the city. The association's first subscription circulating library, which had 700 volumes in rented rooms at 49 Fulton Street in Manhattan ,
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#17327943114833146-744: A lower crime rate than in the 1990s, with crimes across all categories having decreased by 86.3% between 1990 and 2018. The precinct reported 1 murder, 23 rapes, 80 robberies, 61 felony assaults, 85 burglaries, 1,085 grand larcenies, and 21 grand larcenies auto in 2018. The Financial District is served by three New York City Fire Department (FDNY) fire stations: As of 2018 , preterm births and births to teenage mothers are less common in Financial District and Lower Manhattan than in other places citywide. In Financial District and Lower Manhattan, there were 77 preterm births per 1,000 live births (compared to 87 per 1,000 citywide), and 2.2 teenage births per 1,000 live births (compared to 19.3 per 1,000 citywide), though
3289-492: A member library with a Members Lounge and Reading Room, classrooms, a writers studio, an auditorium for 160 people, a bookstore and a cafe/bar. The Center is a home for readers and writers that serves as a gathering place for the literary community. The three-story building will be co-owned with the Mark Morris Dance Group and a real estate company, which will have their own spaces there. The Center for Fiction
3432-448: A metal floor hatch, through which heavy objects could be lifted. Smoke curtains and a sprinkler system were used to protect the atrium from fire. The second-story balcony, which had been removed at some point in the building's history, was restored in the 2010s. In contrast to the other balconies, the second-story balcony served as a roof for ground-story stores on three sides. The ninth-story balcony has modillions and glass canopies. On
3575-431: A music video featuring Kanye West . At least one wedding proposal took place there: a finance worker who took his girlfriend, a lawyer, to the building in late 2010 under the pretense of touring the building. These shoots brought $ 1 million in revenue. Allen Gross of GFI Capital Resources attempted to purchase the Temple Court Building in 2011. That October, André Balazs bought the building. In January 2012, Balazs placed
3718-473: A neighborhood, a community." During the past two decades there has been a shift towards greater residential living areas in the Financial District, with incentives from city authorities in some instances. Many empty office buildings have been converted to lofts and apartments; for example, the Liberty Tower , the office building of oil magnate Harry Sinclair , was converted to a co-op in 1979. In 1996,
3861-566: A new kind of bollard, a faceted piece of sculpture whose broad, slanting surfaces offer people a place to sit in contrast to the typical bollard, which is supremely unsittable. The bollard, which is called the Nogo, looks a bit like one of Frank Gehry's unorthodox culture palaces, but it is hardly insensitive to its surroundings. Its bronze surfaces actually echo the grand doorways of Wall Street's temples of commerce. Pedestrians easily slip through groups of them as they make their way onto Wall Street from
4004-534: A photo shoot at the building. This was followed in July by a viral post on the blog Scouting NY , which attracted great interest in the building. The interior was used a backdrop for photography, including shoots of the supermodel Iman and actors from the drama Rubicon . Other events included fashion shows and parties; film shoots for crime TV series such as White Collar , Person of Interest , Law & Order , and Law & Order: Special Victims Unit ; and
4147-566: A provincial extension of the Dutch Republic and was designated as the capital of the province of New Netherland in 1625. By 1655, the population of New Netherland had grown to 2,000 people, with 1,500 living in New Amsterdam. By 1664, the population of New Netherland had skyrocketed to almost 9,000 people, 2,500 of whom lived in New Amsterdam, 1,000 lived near Fort Orange , and the remainder in other towns and villages. In 1664
4290-415: A renovation, as Gerner Kronick + Valcarel replaced the skylight and refurbished its atrium with its original tiles and moldings. The restoration architects contacted the manufacturer of the original tilework to reconstruct some of the architectural features. Randy Gerner, an architect with the firm, also raised doorway heights to account for the fact that the average height of the population had increased after
4433-526: A result of the Astor Place riot of 1849, and the building was sold for $ 140,000 to the association, which renamed it "Clinton Hall" and moved the library there as a place which was more convenient to its members. At its new location, the association offered classes and public lectures, including by Frederick Douglass , William Thackeray , and Mark Twain , and functioned as a cultural center. Membership during this period reached at least 12,000, while
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4576-653: A second estimate (based on the 2000 census based on a different map) places the residential population in 2000 at 12,042. By 2001 there were several grocery stores, dry cleaners, and two grade schools and a top high school. In 2001, the Big Board , as some termed the NYSE, was described as the world's "largest and most prestigious stock market". When the World Trade Center was destroyed on September 11, 2001 , it left an architectural void as new developments since
4719-481: A single lane of traffic are bordered on both sides by some of the tallest buildings in the city", according to one description, which creates "breathtaking artificial canyons". Some streets have been designated as pedestrian-only with vehicular traffic prohibited. The Financial District is a major location of tourism in New York City . One report described Lower Manhattan as "swarming with camera-carrying tourists". Tour guides highlight places such as Trinity Church ,
4862-567: A structure on the property. The firm filed plans with the New York City Department of Buildings in April 1881 for a 10-story office structure, which would become the original building. The structure would be called the "Kelly Building", and would have a facade of granite, brick, and terracotta. Richard Deeves was the contractor for the structure, and work began in May 1881, with an expected completion date of May 1882. The structure
5005-456: A time when its membership was only 375 people. The association subsequently reorganized and reopened, with a new focus on fiction and literature. In 1998, the ground floor of the building was renovated by Beyer Blinder Belle . The library – colloquially known as "The Merc" – had considered moving to a new location in 2008, but subsequently decided to remain at its historic Midtown Manhattan location. Since 2005 known as The Center for Fiction,
5148-424: A tower on an adjacent plot. The New York City Landmarks Preservation Commission (LPC) designated the Temple Court Building and its annex as a New York City landmark in 1998. The LPC, in designating the building, called it "a rare surviving office building of its era". The building's final tenant was architect Joseph Pell Lombardi , who moved out in 2001, leaving the entire structure vacant. The Shulsky family sold
5291-678: A troupe of 22 dancers "contort their bodies and cram themselves into the nooks and crannies of the Financial District in Bodies in Urban Spaces " choreographed by Willi Donner. One chief attraction, the Federal Reserve, paid $ 750,000 to open a visitors' gallery in 1997. The New York Stock Exchange and the American Stock Exchange also spent money in the late 1990s to upgrade facilities for visitors. Attractions include
5434-708: A visual landmark for drivers and pedestrians. In some respects, the nexus of the Financial District moved physically from Wall Street to the World Trade Center complex and surrounding buildings such as the Deutsche Bank Building , 90 West Street , and One Liberty Plaza . Real estate growth during the latter part of the 1990s was significant, with deals and new projects happening in the Financial District and elsewhere in Manhattan; one firm invested more than $ 24 billion in various projects, many in
5577-848: Is NewYork-Presbyterian Lower Manhattan Hospital in the Civic Center area. New York Mercantile Library The Center for Fiction , originally called the New York Mercantile Library , is a not-for-profit organization in New York City , with offices at 15 Lafayette Avenue in Fort Greene, Brooklyn . Prior to their move in early 2018, The Center for Fiction was located at 17 East 47th Street , between Madison and Fifth Avenues in Midtown Manhattan . The center works to promote fiction and literature and to give support to writers. It originated in 1820 as
5720-406: Is 0.0096 mg/m (9.6 × 10 oz/cu ft), more than the city average. Sixteen percent of Financial District and Lower Manhattan residents are smokers , which is more than the city average of 14% of residents being smokers. In Financial District and Lower Manhattan, 4% of residents are obese , 3% are diabetic , and 15% have high blood pressure , the lowest rates in the city—compared to
5863-553: Is also home to the Brookfield Place (formerly World Financial Center). Another key anchor for the area is the New York Stock Exchange . City authorities realize its importance, and believed that it has "outgrown its neoclassical temple at the corner of Wall and Broad streets", and in 1998 offered substantial tax incentives to try to keep it in the Financial District. Plans to rebuild it were delayed by
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6006-415: Is composed of two sections. The Temple Court Building is ten stories tall, with nine full stories. Two pyramidal towers on the northwest and northeast corners, as well as an annex on the southern side, contain a tenth floor. The Temple Court Building is 150 feet (46 m) tall when measured to the peaks of its pyramidal roofs, and 133 feet (41 m) tall when measured to the roof of the ninth story. Most of
6149-497: Is crowned by a large pyramidal skylight, which is made of glazed panels and cast iron. The skylight has metal brackets, decorative flanges , and beams with rosette patterns. The skylight measures 212 square feet (19.7 m). Around the atrium are rooms that were originally used as offices; there were 212 suites in total. These rooms contained tall ceilings as well as fireplaces. A shaft descended through nine floors, with trapdoors on each floor to allow easier transport of safes from
6292-469: Is in the Financial District of Lower Manhattan in New York City , United States, directly to the east of New York City Hall , City Hall Park , and the Civic Center . It is bounded on the east by Nassau Street , on the north by Beekman Street, and on the west by Theatre Alley . The Morse Building and 150 Nassau Street are diagonally across the intersection of Nassau and Beekman streets, while
6435-691: Is now a 1,776 ft (541 m) tall structure, opened in 2014 as the One World Trade Center . Fulton Center , a new transit complex intended to improve access to the area, opened in 2014, followed by the World Trade Center Transportation Hub in 2016. Additionally, in 2007, the Maharishi Global Financial Capital of New York opened headquarters at 70 Broad Street near the NYSE, in an effort to seek investors. By
6578-560: Is part of Manhattan Community Board 1 , which also includes five other neighborhoods ( Battery Park City , Civic Center , Greenwich South , Seaport , and Tribeca ). The streets in the area were laid out as part of the Castello Plan prior to the Commissioners' Plan of 1811 , a grid plan that dictates the placement of most of Manhattan's streets north of Houston Street . Thus, it has small streets "barely wide enough for
6721-482: Is spread out between the Temple Court Building and the Beekman Residences tower. The hotel has 287 units, of which 38 are suites; fourteen of the units are designed to accommodate disabled guests. Two of the units are duplex suites located underneath the roofs of the Temple Court Building. While most of the units are located in the Temple Court Building, there are 75 additional units in the lowest floors of
6864-456: Is well-suited for tall buildings, with a solid mass of bedrock underneath Manhattan providing a firm foundation for tall buildings. Skyscrapers are expensive to build, but the scarcity of land in the Financial District made it suitable for the construction of skyscrapers. Business writer John Brooks in his book Once in Golconda considered the start of the 20th century period to have been
7007-600: The Federal Reserve Bank of New York Building gold vaults 80 feet below street level (worth $ 100 billion), and the New York Stock Exchange Building . A Scoundrels of Wall Street Tour is a walking historical tour which includes a museum visit and discussion of various financiers "who were adept at finding ways around finance laws or loopholes through them". Occasionally artists make impromptu performances; for example, in 2010,
7150-808: The New York City Police Museum , the Museum of American Finance , the National Museum of the American Indian , Trinity Church , St. Paul's Chapel , and the famous bull . Bowling Green is the starting point of traditional ticker-tape parades on Broadway , where here it is also known as the Canyon of Heroes . The Museum of Jewish Heritage and the Skyscraper Museum are both in adjacent Battery Park City which
7293-579: The Potter Building and 41 Park Row are directly across Beekman Street. The Park Row Building is directly to the southwest, across Theatre Alley, while the Bennett Building is on the block to the south. The Temple Court Building, at 119–133 Nassau Street, has a frontage of 150 feet (46 m) long on Nassau Street and Theatre Alley, and 100 feet (30 m) deep on Beekman Street. The Beekman Residences at 115–117 Nassau Street occupy
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#17327943114837436-455: The Tribune , Times , Morse, and Temple Court buildings were close to the courts of the Civic Center, making these buildings ideal for lawyers. According to The New York Times, for the first half century of the building's existence, it was "one of the finest office buildings in the city" for several years, with its "homelike" facilities being preferred by lawyers. Other firms also took space at
7579-550: The former New York World Building across Beekman Street, on the site of the Potter Building. In March 1882, the Kelly Building was renamed the Temple Court Building, or "Temple Court" for short. The British publication The Building News claimed that the building was "called Temple Court, because [it was] designed for lawyers' offices", although this is not confirmed by other sources. The Temple Court Building
7722-570: The gold vault beneath the Federal Reserve and that "staring down at the trading floor was as exciting as going to the Statue of Liberty ". The Financial District's architecture is generally rooted in the Gilded Age , though there are also some art deco influences in the neighborhood. The area is distinguished by narrow streets, a steep topography, and high-rises Construction in such narrow steep areas has resulted in occasional accidents such as
7865-593: The (New York) Mercantile Library and in 2005 changed its name to the Mercantile Library Center for Fiction , although it presents itself as simply "The Center for Fiction". The center, which is one of 17 remaining membership libraries in the United States, three of which are in New York City, maintains a large circulating library of 20th and 21st century fiction, in addition to many stored volumes of 19th century fiction. It also stocks non-fiction volumes on subjects related to literature. It maintains
8008-569: The 1850s the association owned "a cabinet of minerals and shells, a collection of revolutionary medals, miscellaneous coins, various paintings, statue of the 'Dancing Girl Reposing', Minerva , and a bust of Philip Stone. By 1853, the association had over 4,000 members and over 30,000 volumes, and in 1854, the library moved again, this time uptown to the Astor Opera House building on Lafayette Street between Astor Place and East 8th Street . The opera house had closed its doors as
8151-473: The 1930s, as well as the large office buildings that would later be built in the Financial District. David W. Dunlap compared Temple Court's pyramidal roofs to "sentinel-like towers". Architectural historian Robert A. M. Stern , in his 1999 book New York 1880 , said the Temple Court's twin peaks "gave it some of the presence of a true skyscraper". After the Temple Court Building was abandoned in 2001, it
8294-411: The 1970s had played off the complex aesthetically. The attacks "crippled" the communications network. One estimate was that 45% of the neighborhood's "best office space" had been lost. The physical destruction was immense: Debris littered some streets of the financial district. National Guard members in camouflage uniforms manned checkpoints. Abandoned coffee carts, glazed with dust from the collapse of
8437-478: The 20,088 counted in 2000 . Covering an area of 479.77 acres (194.16 ha), the neighborhood had a population density of 82.7/acre (52,900/sq mi; 20,400/km ). The racial makeup of the neighborhood was 65.4% (25,965) White , 3.2% (1,288) African American , 0.1% (35) Native American , 20.2% (8,016) Asian , 0.0% (17) Pacific Islander , 0.4% (153) from other races , and 3.0% (1,170) from two or more races. Hispanic or Latino of any race were 7.7% (3,055) of
8580-561: The 2010s, the Financial District had become established as a residential and commercial neighborhood. Several new skyscrapers such as 125 Greenwich Street and 130 William were being developed, while other structures such as 1 Wall Street , the Equitable Building , and the Woolworth Building were extensively renovated. Additionally, there were more signs of dogwalkers at night and a 24-hour neighborhood, although
8723-562: The Battery on the south. The City of New York was created in the modern-day Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The district comprises the offices and headquarters of many of the city's major financial institutions , including the New York Stock Exchange and the Federal Reserve Bank of New York . Anchored on Wall Street in
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#17327943114838866-418: The Battery. The Bowling Green area was described as "Wall Street's back yard " with poor people, high infant mortality rates, and the "worst housing conditions in the city". As a result of the construction, looking at New York City from the east, one can see two distinct clumps of tall buildings—the Financial District on the left, and the taller Midtown neighborhood on the right. The geology of Manhattan
9009-485: The Beekman Residences tower started in 2014 and was completed in 2016; the original building was extensively renovated as well and reopened in 2016. The Temple Court Building and the interior of its atrium are New York City designated landmarks , and the structures are also contributing properties to the Fulton–Nassau Historic District , a National Register of Historic Places district. 5 Beekman Street
9152-533: The Beekman Residences tower. The Temple Court Building's landmark status precluded any significant changes to that portion of 5 Beekman Street without the New York City Landmarks Preservation Commission 's approval. The rooms include wooden drawers, hidden minibars, marble desks, and marble-tiled bathrooms. The interior designer Martin Brudnizki was involved in designing the hotel rooms' interiors. The hotel also has
9295-453: The Beekman and Nassau Street sides, as well as band courses and other decorative elements. The four-story upper section contains a mansard roof with iron dormer windows. The Theatre Alley side of the midsection and upper section is faced with plain brick. The northwestern and northeastern corner "towers" are topped by pyramidal slate roofs, both of which are surrounded by smaller ornamental pinnacles. The pyramidal roofs were intended to make
9438-610: The Brooklyn Bridge: The following landmarks apply to multiple distinct areas: What is now the Financial District was once part of New Amsterdam , situated on the strategic southern tip of the island of Manhattan. New Amsterdam was derived from Fort Amsterdam , meant to defend the fur trade operations of the Dutch West India Company in the North River ( Hudson River ). In 1624, it became
9581-652: The English took over New Amsterdam and renamed it New York City. In the late 19th and early 20th centuries, the corporate culture of New York was a primary center for the construction of early skyscrapers , and was rivaled only by Chicago on the American continent. There were also residential sections, such as the Bowling Green section between Broadway and the Hudson River , and between Vesey Street and
9724-565: The Financial District can have one of several types of official landmark designations: The following landmarks are situated south of Morris Street and west of Whitehall Street/Broadway: The following landmarks are located west of Broadway between Morris and Barclay Streets: The following landmarks are located south of Wall Street and east of Broadway/Whitehall Street: The following landmarks are located east of Broadway between Wall Street and Maiden Lane: The following landmarks are located east of Broadway and Park Row between Maiden Lane and
9867-519: The Financial District to more affordable locations. The recession of 1990–91 was marked by office vacancy rates downtown which were "persistently high" and with some buildings "standing empty". In 1995, city authorities offered the Lower Manhattan Revitalization Plan which offered incentives to convert commercial properties to residential use. According to one description in 1996, "The area dies at night ... It needs
10010-569: The Financial District, New York City has been called both the leading financial center and the most economically powerful city of the world, and the New York Stock Exchange is the world's largest stock exchange by total market capitalization . Several other major exchanges have or had headquarters in the Financial District, including the New York Mercantile Exchange , NASDAQ , the New York Board of Trade , and
10153-519: The September 11, 2001, attacks. The Exchange still occupies the same site. The Exchange is the locus for a large amount of technology and data. For example, to accommodate the three thousand persons who work directly on the Exchange floor requires 3,500 kilowatts of electricity, along with 8,000 phone circuits on the trading floor alone, and 200 miles of fiber-optic cable below ground. Buildings in
10296-455: The Temple Court Building between 1881 and 1883, while an annex was constructed between 1889 and 1890. The structure, intended as offices for lawyers, was commissioned and originally owned by Eugene Kelly , and was sold to the Shulsky family in 1945. The building was abandoned in 2001 and proposed for redevelopment, during which it was sold multiple times and used for film shoots. Construction on
10439-503: The Temple Court Building the next year to the Region Holding Corporation, held by the Shulsky family. The buyers paid $ 110,000 for the building and took over an existing $ 340,000 mortgage. During the 1940s or 1950s, walls were erected on each floor to enclose the central court for fire-safety reasons, hiding the atrium, railings, and skylight from public view. The main entrance was modified between 1949 and 1950, and
10582-523: The Temple Court Building was erected. Colicchio and McNally were hired to run restaurants at 5 Beekman Street in September 2014, and condominium sales commenced the next month. The tower was largely completed by mid-2015. In August 2016, the Temple Court Building reopened as part of the Beekman Hotel, the remainder of which was located in the new residential tower. The hotel's two restaurants opened two months later. By October 2017, all except nine of
10725-401: The Temple Court Building's atrium had been restored so precisely as to resemble its original 19th-century appearance. Vogue Australia said: "The main event is without a doubt the stunning nine-storey atrium, which draws guests to the centre of the building like a magnet." The Beekman Hotel also received commentary. Condé Nast Traveler wrote that the hotel was "a 19th-century "stunner" with
10868-478: The Temple Court Building, including labor unions, advertisers, insurance firms, labor unions, and detectives. One long-term tenant was mapmaker E. Belcher Hyde Company , which occupied the building from 1895 to 1939. Another was the Tobacco Merchants' Association of the United States , which collectively participated in $ 700 million of trade annually in 1915 and was reported two years later as having
11011-640: The Wall Street area. In 1998, the NYSE and the city struck a $ 900 million deal which kept the NYSE from moving across the river to Jersey City ; the deal was described as the "largest in city history to prevent a corporation from leaving town". A competitor to the NYSE, NASDAQ , moved its headquarters from Washington to New York. In 1987, the stock market plunged and, in the relatively brief recession following, lower Manhattan lost 100,000 jobs according to one estimate. Since telecommunications costs were coming down, banks and brokerage firms could move away from
11154-420: The World Trade Center but moved to Church Street; merchants bought extra unsold items at steep prices and sold them as a discount to consumers, and shoppers included "thrifty homemakers and browsing retirees" who "rubbed elbows with City Hall workers and Wall Street executives"; but the firm went bust in 1993. There were reports that the number of residents increased by 60% during the 1990s to about 25,000 although
11297-402: The World Trade Center, lay on their sides across sidewalks. Most subway stations were closed, most lights were still off, most telephones did not work, and only a handful of people walked in the narrow canyons of Wall Street yesterday morning. Still, the NYSE was determined to re-open on September 17, almost a week after the attack. After September 11, the financial services industry went through
11440-531: The addition of areas such as Battery Park City and Southbridge Towers . Battery Park City was built on 92 acres of landfill, and 3,000 people moved there beginning about 1982, but by 1986 there was evidence of more shops and stores and a park, along with plans for more residential development. Construction of the World Trade Center began in 1966, but the World Trade Center had trouble attracting tenants when completed. Nonetheless, some substantial firms purchased space there. Its impressive height helped make it
11583-646: The ages of 25–44, while 14% are between 0–17, and 18% between 45–64. The ratio of college-aged and elderly residents was lower, at 11% and 7% respectively. As of 2017, the median household income in Community Districts 1 and 2 (including Greenwich Village and SoHo ) was $ 144,878. In 2018, an estimated 9% of Financial District and Lower Manhattan residents lived in poverty, compared to 14% in all of Manhattan and 20% in all of New York City. One in twenty-five residents (4%) were unemployed, compared to 7% in Manhattan and 9% in New York City. Rent burden, or
11726-418: The annex until 1963, when it was turned into a storefront entrance. The facade on Theatre Alley is composed of brick with rectangular windows, as well as a now-filled entrance. The atrium at the center of the original Temple Court Building rises through all nine stories. The atrium is accessed through the main entrance on Beekman Street. The atrium was closed off from the mid-20th century to the early 2000s, and
11869-418: The annex. However, the annex had interior pine walls, which contributed to damage in the annex during an 1893 fire. South of the Temple Court Building and Annex is the Beekman Residences tower, completed in 2016 to a design by Gerner Kronick + Valcarcel Architects. The tower contains 340,000 square feet (32,000 m) of space, situated on a 5,000-square-foot (460 m) lot. Its height was possible because of
12012-406: The area around historic Trinity Church. Cars, however, cannot pass. The destruction of the World Trade Center spurred development on a scale that had not been seen in decades. Tax incentives provided by federal, state and local governments encouraged development. A new World Trade Center complex centered on Daniel Libeskind 's Memory Foundations was after the 9/11 attacks. The centerpiece, which
12155-420: The area that were in the finance and insurance industries declined from 55 to 30 percent. For census purposes, the New York City government classifies the Financial District as part of a larger neighborhood tabulation area called Battery Park City-Lower Manhattan. Based on data from the 2010 United States Census , the population of Battery Park City-Lower Manhattan was 39,699, an increase of 19,611 (97.6%) from
12298-466: The area's heyday. The address of 23 Wall Street , the headquarters of J. P. Morgan & Company , known as The Corner , was "the precise center, geographical as well as metaphorical, of financial America and even of the financial world". On September 16, 1920, close to the corner of Wall and Broad Street , the busiest corner of the Financial District and across the offices of the Morgan Bank ,
12441-425: The basement, with directions to "send electric signals to the office of the burglar Police every half-hour." The structure as a whole was considered "solidly fireproof": it incorporated iron floor beams, as well as brick exterior walls whose thicknesses ranged from 32 inches (810 mm) at the upper floors to 52 inches (1,300 mm) in the foundation . Iron girders and terracotta blocks were also used to fireproof
12584-410: The basement. Three elevators were installed in the building, south of the atrium. An iron staircase wrapped around the center elevator shaft. The annex contained an additional two elevators. In the basement, iron support beams descend to the Temple Court Building's foundation. The building also had a large vault with two series of locks that required two people to operate. A night watchman was stationed in
12727-440: The building appear shorter than it actually was. There is also a glass pyramidal skylight over the center atrium and an asphalt roof with decorative iron fence over the remainder of the building. The annex has facades onto Nassau Street and Theatre Alley. The facade on Nassau Street is made of limestone, with cornices above the second, sixth, and ninth floors. It is two bays wide. An arched entrance on this side provided entry into
12870-402: The building before its completion as an "animation in the sky-line", while Moses King wrote in A Handbook For New York City that Temple Court was "a fine office structure". A writer for one of the Temple Court Building's tenants, The Manhattan literary magazine, praised it as "stalwart and sumptuous". The periodical New York 1895 Illustrated called the Temple Court Building "the pioneer among
13013-547: The building for sale after having invested $ 5 million; two months later, it was purchased by GFI Capital Resources for $ 64 million. GFI also bought 115–117 Nassau Street from the Shulskys for $ 22 million. As part of the sale, the Temple Court Building would be converted into a hotel under the Thompson Hotels brand. Shoots and events had started to wind down by late 2012; the last two events to take place in
13156-454: The building were H&M 's fashion show in October 2012 and Proenza Schouler 's fashion show in September 2013. Work began in January 2014 on the Beekman Residences tower, designed by Gerner Kronick + Valcarel. The tower, along with the Temple Court Building and its annex, was to become part of a single complex called the Beekman Hotel and Residences. The Temple Court Building also received
13299-520: The building's ground story, and its space was divided into seven stores. From the 1910s to the early 1940s, several tenants moved to the Temple Court Building, including the Swedish consul general in 1919, the State, County and Municipal Workers of America in 1938, as well as map publishers E. Belcher Hyde in 1940. According to a news article published in 1942, the law tenants had moved out by then because
13442-421: The city. By 2010 the residential population had increased to 24,400 residents. and the area was growing with luxury high-end apartments and upscale retailers. On October 29, 2012, New York and New Jersey were inundated by Hurricane Sandy . Its 14-foot-high storm surge, a local record, caused massive street flooding in many parts of Lower Manhattan. Power to the area was knocked out by a transformer explosion at
13585-538: The citywide averages of 24%, 11%, and 28% respectively. In addition, 5% of children are obese, the lowest rate in the city, compared to the citywide average of 20%. Ninety-six percent of residents eat some fruits and vegetables every day, which is more than the city's average of 87%. In 2018, 88% of residents described their health as "good", "very good", or "excellent", more than the city's average of 78%. For every supermarket in Financial District and Lower Manhattan, there are 6 bodegas . The nearest major hospital
13728-591: The condominiums had been sold. The penthouse was sold in August 2020 for $ 12.5 million, becoming the final "sponsor unit" in the building to be purchased. The hotel closed temporarily during the COVID-19 pandemic that year. The Beekman Hotel was refinanced in early 2022 for $ 195 million. In February 2024, the LPC began hosting hearings on whether to designate the original building's central atrium as an interior landmark, citing
13871-734: The corner of Theatre Alley and Beekman Street contained the National Park Bank . During the late 19th century, the surrounding area had grown into the city's "Newspaper Row". Several newspaper headquarters had been built on the adjacent Park Row , including the New York Times Building , the Potter Building, the Park Row Building , and the New York World Building . Meanwhile, printing was centered around Beekman Street. 5 Beekman Street
14014-540: The early 20th century as the Insurance District, due to the large number of insurance companies that were either headquartered there, or maintained their New York offices there. Although the term is sometimes used as a synonym for Wall Street , the latter term is often applied metonymously to the financial markets as a whole (and is also a street in the district), whereas "the Financial District" implies an actual geographical location. The Financial District
14157-499: The facade that have patterned engravings, modeled after the Temple Court Building's atrium, in place of windows. The interior of the tower is accessed by a double-height private lobby on Nassau Street, which contains a walnut-clad alcove with a black-marble reception desk. The Beekman Residences contains 68 condominiums above the 17th floor, some 172 feet (52 m) above the ground. These units include 20 one-bedroom units, 39 two-bedroom units, 8 three-bedroom units, and two penthouses at
14300-405: The fact that it was one of the city's few remaining atriums in a 19th-century commercial building. The atrium was designated as a landmark on June 4, 2024. Early architectural reviews of the Temple Court Building were mixed. One review of the building likened the two pyramidal roofs to "donkey's ears" and described it as "architecturally nondescript". Conversely, critic Montgomery Schuyler praised
14443-600: The former American Stock Exchange . The Financial District is part of Manhattan Community District 1 , and its primary ZIP Codes are 10004, 10005, 10006, 10007, and 10038. It is patrolled by the 1st Precinct of the New York City Police Department . The Financial District encompasses roughly the area south of City Hall Park in Lower Manhattan but excludes Battery Park and Battery Park City . The former World Trade Center complex
14586-474: The general pattern of crowds during the working hours and emptiness at night was still apparent. There were also ten hotels and thirteen museums in 2010. In 2007 the French fashion retailer Hermès opened a store in the Financial District to sell items such as a "$ 4,700 custom-made leather dressage saddle or a $ 47,000 limited edition alligator briefcase". However, there are reports of panhandlers like elsewhere in
14729-452: The great office buildings" because of its shape and height. It was soon surpassed by other structures such as the Potter Building in height. The Real Estate Record , in 1915, described the Temple Court as "among the first of a large number of tall buildings whose construction preceded the introduction of steel framed buildings". The Temple Court was a forerunner to the twin-towered apartment buildings on Central Park West that were erected in
14872-530: The guide. Financial District, Manhattan The Financial District of Lower Manhattan , also known as FiDi , is a neighborhood located on the southern tip of Manhattan in New York City . It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and
15015-447: The hotel and 68 residences. The original portion of the Temple Court Building is on the northern section of the lot. It is a red-brick and terracotta building in the Queen Anne , neo-Grec , and Renaissance Revival styles, and was originally used as an office building. The structure was designed by the firm of Benjamin Silliman Jr. and James Mace Farnsworth, who worked together until 1882. The adjoining annex at 119–121 Nassau Street to
15158-494: The hotel for its amenities and decorations but said that loud construction noise nearby and the lack of a spa were drawbacks. U.S. News & World Report wrote that, while guests generally praised the hotel's atmosphere and service, they also said that spaces were poorly lit. The first edition of the Michelin Keys Guide , in 2024, ranked the Beekman Hotel as a "one-key" hotel, the third-highest accolade granted by
15301-559: The iron supplier, William Brennan as the stone-worker, and E. F. Haight as the carpenter. Foundation work commenced in June 1889 and the annex was nearly topped out by September. Work was delayed during March 1890 because of a three-week strike that occurred when unionized masonry workers objected to the presence of non-union workers. The annex was completed by May 1890. 5 Beekman Street's spacious facilities were intended to attract lawyers. The Real Estate Record and Guide stated in 1882 that
15444-486: The latter had promised to pay off a construction loan that had gone into default , then refused to pay it. Chetrit eventually won a judgement of $ 2.45 million. The settlement also mandated that a third party would have to be responsible for redeveloping the Temple Court Building. While the legal disputes and sales were ongoing, the Temple Court Building became popular among urban explorers as well as photographers. In May 2010, fashion magazine Harper's Bazaar hosted
15587-400: The library declined through the following decades, and the library sold off parts of its collection in the 1970s. "In 1971 the theological collection was sold, in 1977 the foreign language collection was sold." It also attempted a merger with Pace College , but this did not occur. By 1987 the library was in financial distress, and closed for the summer of 1987, and then indefinitely in 1989, at
15730-439: The library itself amassed 120,000 volumes, making it the largest circulating library in the United States at the time. By 1872 the library contained works of biography; history, geography and travels; literature; mathematics; medical science; mental and moral science; natural sciences; political science; the arts; and theology. However, because the library did not stay open late at night, its services were not generally available to
15873-503: The library moved to a new building designed by architect Seth Geer, called Clinton Hall, at Nassau and Beekman Streets, which the Clinton Hall Association, made up of prominent members of the Mercantile Library Association, had raised funds to construct. Frequent lectures were presented by the library, including by Ralph Waldo Emerson and Oliver Wendell Holmes Sr. In addition to reading materials, as of
16016-404: The light court. There were no deaths: the annex's only occupants, a resident janitor and his wife who lived on the annex's tenth floor, were able to escape. However, damage to the top four floors of the annex was severe, and 53 rooms were greatly damaged. The structure of the building and annex was not damaged. The construction industry scrutinized the fire, as it had been one of the largest fires in
16159-594: The neighborhood is in the 61st, 65th, and 66th districts, represented respectively by Charles Fall , Grace Lee , and Deborah Glick . Politically, the Financial District in New York's 10th congressional district ; as of 2022 , it is represented by Dan Goldman . Financial District and Lower Manhattan are patrolled by the 1st Precinct of the NYPD , located at 16 Ericsson Place. The 1st Precinct ranked 63rd safest out of 69 patrol areas for per-capita crime in 2010. Though
16302-534: The neighborhood was in decline. The Emigrant Industrial Savings Bank took over the building in September 1942 after foreclosing upon the mortgage . The bank filed plans in 1944 to construct a 23-story building on the Temple Court Building's site. The new structure, designed by Harrison, Fouilhoux & Abramovitz , would have cost $ 2 million. The bank sold the building in January 1945 to the Wakefield Realty Corporation. Wakefield Realty sold
16445-414: The number of crimes is low compared to other NYPD precincts, the residential population is also much lower. As of 2018 , with a non-fatal assault rate of 24 per 100,000 people, Financial District and Lower Manhattan's rate of violent crimes per capita is less than that of the city as a whole. The incarceration rate of 152 per 100,000 people is lower than that of the city as a whole. The 1st Precinct has
16588-436: The organization presents a diverse program of free or low-cost public events, featuring over 100 authors, translators, and critics each year. The Center also offers reading groups and writing workshops. In May 2018, the organization announced that it would be moving its headquarters to a new building in Fort Greene, Brooklyn called Caesura and designed by Dattner Architects. The 17,500-square-foot (1,630 m ) space includes
16731-455: The other stories. The original building has ten vertical bays on Nassau Street and nine on Beekman Street; the outer three bays on each side project slightly and are designed as corner "towers". The two-story base contains cornices above both stories, as well as a main entrance facing Beekman Street and storefronts on the Beekman and Nassau Street sides. The four-story midsection is clad with brick, with terracotta spandrels between each story on
16874-496: The percentage of residents who have difficulty paying their rent, is 38% in Financial District and Lower Manhattan, compared to the boroughwide and citywide rates of 45% and 51% respectively. Based on this calculation, as of 2018 , Financial District and Lower Manhattan are considered high-income relative to the rest of the city and not gentrifying . The population of the Financial District has grown to an estimated 61,000 residents as of 2018, up from 43,000 as of 2014, which in turn
17017-428: The population. The entirety of Community District 1, which comprises the Financial District and other Lower Manhattan neighborhoods, had 63,383 inhabitants as of NYC Health 's 2018 Community Health Profile, with an average life expectancy of 85.8 years. This is higher than the median life expectancy of 81.2 for all New York City neighborhoods. Most inhabitants are young to middle-aged adults: half (50%) are between
17160-582: The properties were transferred to the Temple Court Company, headed by Kelly's children. The company intended to build a new skyscraper called the Kelly Building in "about four or five years", replacing the Temple Court Building. The company acquired the adjacent property at 115–117 Nassau Street in 1913. The building underwent extensive alterations in 1915; the storefronts were renovated, and the granite piers were replaced by structural steel. The Nassau Bank concurrently vacated its longtime space on
17303-481: The property in 2003 to Rubin Schron , and the owners filed plans to convert the building to apartments that year. While the building remained unoccupied, the walls were removed between 2005 and 2008, uncovering the skylight and the atrium with its elaborate wrought-iron railings. On September 7, 2005, the Temple Court Building and its annex was designated as a contributing property to the Fulton–Nassau Historic District ,
17446-401: The rooms in the Beekman Hotel are located in the Temple Court Building. The Temple Court Building and Annex is a New York City designated landmark . Immediately south of the Temple Court Building and Annex is the Beekman Residences, a 51-story, 687-foot-tall (209 m) condominium tower with its primary address at 115–117 Nassau Street. The Beekman Residences tower contains the remainder of
17589-563: The site, built in 1761, hosted the first presentation of the tragedy Hamlet in the United States. The site faced the back door of the Park Theatre to the west. The Fowler & Wells publishing company also occupied a building on the site. In 1830, the New York Mercantile Library built Clinton Hall on the site, occupying it until 1854; Clinton Hall was also occupied by the National Academy of Design . Between 1857 and 1868,
17732-446: The south side of the atrium is a cast-iron stairway that winds around an elevator shaft. The staircase itself is made of metal, with stone treads, although the steps on the 2nd through 4th stories are covered with tread plates . The staircase's outer wall has cast-iron panels with bird motifs, foliate decorations, and grilles with backlit glass panels; the ceiling from the 8th to the 9th stories also has panels made of cast iron. The atrium
17875-516: The south was designed by Farnsworth, who by that time had established his own practice. The annex has a limestone facade in a Romanesque Revival style. The Temple Court Building and Annex contains 165,000 square feet (15,300 m) of space. It was purportedly "modeled after a building of the same name in London" that was part of the Inns of Court . Before its 2010s renovation, the Temple Court Building
18018-609: The storefronts were removed in the 2000s. After the building's 2010s renovation, there has been a bar room on the atrium's ground level. Above are eight balcony levels surrounding the atrium, with encaustic tile floors. The outer walls of each balcony contain doors and windows leading to offices. The balconies are held up by cast-iron brackets shaped like dragons. The balustrades of each balcony are made of iron and are decorated with foliate motifs, with wooden handrails above and newel posts at each corner. The balcony levels have metal grilles with leaf patterns. Each balcony level also has
18161-439: The teenage birth rate is based on a small sample size. Financial District and Lower Manhattan have a low population of residents who are uninsured . In 2018, this population of uninsured residents was estimated to be 4%, less than the citywide rate of 12%, though this was based on a small sample size. The concentration of fine particulate matter , the deadliest type of air pollutant , in Financial District and Lower Manhattan
18304-420: The top two floors. Most of the other floors have two residences on each floor. The residences contain windows on two sides of the tower, with the living room typically at the corner, as well as 10-foot-tall (3.0 m) ceilings and oak floors. Mechanical spaces were placed in the Beekman Residences tower, within the windowless sections, because of insufficient space in the Temple Court Building. The Beekman Hotel
18447-416: The transfer of unused air rights from the Temple Court Building. There are two 50-foot (15 m) pyramidal peaks at the top of the tower, which were inspired by the pyramidal roofs of the Temple Court Building. The facade of the Beekman Residences tower is made of concrete, glass, and metal. It consists of full-height windows set between piers made of concrete slabs. There are three double-height sections of
18590-422: The website New York Yimby called the tower's "misproportioned parapets" "an affront to New Yorkers and the skyline". Another critic for Curbed said, "Unless the rendering is just plain bad, it seems [the tower's parapets] can be chalked up to a contrived effort at cohesion." By contrast, the magazine Building Design+Construction described the hotel as "an instant hit". The Independent wrote in 2017 that
18733-485: The working class, a deficit which was remedied when the Cooper Union opened a block east on Astor Place: its reading room was open until 10 p.m. In 1891, requiring more space, the association tore down the opera house and replaced it with an 11-story building designed by George E. Harney , which it also named "Clinton Hall". The new building featured a reading room on the top floor that was two stories high, and
18876-417: The world's largest tobacco-related library. Upon Silliman's 1901 death, American Architect and Building News called the building "popular and profitable". On April 2, 1893, between 6:30 and 7:30 am, a fire started in room 725 of the annex, a typist's office. The fire was likely lit by an electric wire crossing an electric light, and was then spread through the interior pine walls and the openings facing
19019-404: Was completed in May 1883. It had cost $ 750,000 to construct, and the land under it was estimated as being worth $ 407,500. The Temple Court Building was quickly occupied by tenants, and Kelly bought the lots at 119–121 Nassau Street in 1886. At the time, these lots were occupied by a pair of six-story iron-front buildings. Farnsworth filed plans for a 10-story annex in January 1889, which would have
19162-468: Was designed by Farnsworth alone in the Romanesque Revival style, and contains a limestone facade. An interior atrium contains a skylight , and the facade contains two pyramidal towers at its corners. The Beekman Residences, designed by Gerner Kronick + Valcarcel Architects, rises above the original building and annex, with pyramidal towers at its pinnacle. 5 Beekman Street was erected as
19305-476: Was designed by Julie Nelson, Partner at BKSK Architects LLP and opened in 2019. The Center for Fiction bestows a number of awards annually: Additionally, The Center for Fiction/Susan Kamil Emerging Writer Fellowships grant 9 New York City early-career writers with a $ 5,000 stipend, editorial mentorship and networking opportunities with publishing professionals, membership to The Center's Writers Studio, two public readings, publication in an anthology, and more over
19448-462: Was located in the neighborhood until the September 11, 2001, attacks ; the neighborhood includes the successor One World Trade Center . The heart of the Financial District is often considered to be the corner of Wall Street and Broad Street , both of which are contained entirely within the district. The northeastern part of the Financial District (along Fulton Street and John Street) was known in
19591-661: Was nearly double the 23,000 recorded at the 2000 Census. In the New York City Council , the Financial District is part of District 1 , represented by Democrat Christopher Marte . List of aldermen /councilmen who have represented the Financial District The Financial District is part of New York's 27th State Senate district , represented by Brian P. Kavanagh . In the New York State Assembly ,
19734-422: Was one of the earliest tall fireproof buildings that survived largely in its original condition. The building used steel piers on its exterior, covered with brick and architectural terracotta for additional safety. This also made the Temple Court Building one of the city's earlier buildings to utilize brick and terracotta cladding, and one of the few from the late 19th century to be built around an atrium with
19877-465: Was open to most of the general public, but only merchant clerks were allowed to vote for and be officers in the association. By the year 1826, the financial "prospects brightened to the extent that the officers hired a suite of rooms in the Harpers building on Cliff Street, and starting the reading room, which has continued to be an important part of the institution in all its successive homes." In 1830,
20020-519: Was originally known as the Augustine and operated by Keith McNally ; it closed permanently in July 2020 due to the COVID-19 pandemic in New York City . Colicchio's restaurant, Temple Court, also opened in October 2016 and was originally named after the Fowler & Wells Company , a publishing firm that previously operated at the site of the Temple Court Building. The name was changed in August 2017 after
20163-463: Was referred to as "that abandoned building". A writer for the website 6sqft described the abandoned atrium as being in an "eerily beautiful derelict state", and another critic for the website The Travel said that the atrium was "one of the only buildings in the country that looked just as stunning abandoned as it does as a high-end hotel". When the Beekman Tower was finished, a critic for
20306-551: Was to be one of the first office buildings to be erected in Lower Manhattan after the Panic of 1873 , and the Real Estate Record and Guide predicted that Kelly would earn an annual profit of 20% of the building cost. Various events delayed the completion of Kelly's building. A bricklayers' strike took place in 1881, holding up construction. A draft of wind from the building was blamed for a January 1882 fire that destroyed
20449-476: Was to remain the headquarters for its library operations, which included 7 branches, until 1920, when it relocated to rented space. However, in 1932, the library once again had its own building, at 17 East 47th Street , designed by Henry Otis Chapman. Here, the association maintained its 230,000 volumes to serve 3,000 subscribers. The library at this time still had branches at 149 Broadway at Liberty Street and 598 Madison Avenue at 57th Street . Membership in
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