Office and commercial tenants use the rest of the building. The top 30 floors were sold to a developer in 2012 and converted into residences. The structure was sold to the Witkoff Group in 1998. The Irving National Exchange Bank moved its headquarters to 1 Wall Street in 1931, but the Woolworth Company (later Venator Group) continued to own the Woolworth Building for most of the 20th century. The facade was cleaned in 1932, and the building received an extensive renovation between 19. The Woolworth Building has undergone several changes throughout its history.
The building officially opened on April 24, 1913. Construction started in 1910 and was completed two years later. Its final height was not decided upon until January 1911. The Woolworth Building had originally been planned as a 12- to 16-story commercial building but underwent several revisions during its planning process. Woolworth planned the skyscraper jointly with the Irving National Exchange Bank, which also agreed to use the structure as its headquarters. Woolworth, the founder of a brand of popular five-and-ten-cent stores, conceived the skyscraper as a headquarters for his company. The structure was designed with several amenities and attractions, including a now-closed observatory on the 57th floor and a private swimming pool in the basement.į. The ornate lobby contains various sculptures, mosaics, and architectural touches. Its facade is mostly decorated with architectural terracotta, though the lower portions are limestone, and it features thousands of windows. It consists of a 30-story base topped by a 30-story tower. The Woolworth Building is bounded by Broadway and City Hall Park to its east, Park Place to its north, and Barclay Street to its south. More than a century after its construction, it remains one of the 100 tallest buildings in the United States. It was the tallest building in the world from 1913 to 1930, with a height of 792 feet (241 m). The Woolworth Building is an early American skyscraper designed by architect Cass Gilbert located at 233 Broadway in the Tribeca neighborhood of Manhattan in New York City. The Petronas Towers built in Kuala Lumpur, Malaysia in 1997 were the tallest buildings in the world at the time and coincided with the financial crisis in Asia that peaked in 1998.Location in United States Show map of the United StatesĤ0☄2′44″N 74☀0′29″W / 40.71222°N 74.00806°W / 40.71222 -74.00806.economy was plagued by a long period of stagnation, due to high prices of oil in 1973 and a subsequent stock market crash from 1973 to 1974. Both spectacular creations happened just before the U.S. Only a year later, Chicago’s Sears Tower beat this number when it was unveiled standing at 1,450 ft. In 1972, the original One World Trade Center opened its doors as the tallest building in the world towering at 1,368 ft.
The building, which stood at 1,250 ft, was the world’s tallest building at the time.
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