One Liberty Plaza
Encyclopedia
One Liberty Plaza, formerly the U.S. Steel Building, is a skyscraper in lower Manhattan
, New York City, at the location of the former Singer Building
(in 1968, the third tallest structure ever demolished). 1 Liberty Plaza is currently owned and operated by Brookfield Properties
. The building is 743 ft (226.5 m) tall and 54 floors. It was built in 1973. At 2200000 sq ft (204,386.7 m²), each floor offers almost 1 acres (4,047 m²) of office space, making it one of the largest office buildings in New York.
Its facade is black, consisting of a structural steel frame. The building was originally commissioned by U.S. Steel
. It once housed the headquarters of Merrill Lynch
. Currently, a variety of tenants occupy the space, from large law firms, such as Cleary Gottlieb Steen & Hamilton, to public and not-for-profit agencies like the Lower Manhattan Development Corporation
and the World Trade Center Memorial Foundation.
The building is bordered by Broadway
, Cortlandt Street
, Church Street
and Liberty Street
. South of the building is Zucotti Park, formerly called Liberty Plaza Park.
in the basement.
The building sits next to the World Trade Center site
. Following the events of September 11, 2001, the building had broken windows and light facade damage. Brooks Brothers
on the ground floor of the building was used as a temporary morgue
in the days following the attack.
As of 2006, it is the 188th tallest building in the world.
Stock Market Corporate Headquarters (3 floors), and RBC Capital Markets
' trading floors. Major tenants are Goldman Sachs
(8 floors), Gruntal & Co.
(6 floors), The Bank of Nova Scotia (5 floors), the Lower Manhattan Development Corporation
and securities law firm Cleary Gottlieb Steen & Hamilton (531 attorneys on 11 floors). It also houses the corporate headquarters of Empire Blue Cross Blue Shield, and insurance companies Zurich (North American HQ, 3 floors), FolksAmerica Reinsurance Co., Mutual of America
, Swiss Re
, Greig Fester
, Generali, and Allianz
and its subsidiaries Fireman's Fund and Interstate/Chicago.
Manhattan
Manhattan is the oldest and the most densely populated of the five boroughs of New York City. Located primarily on the island of Manhattan at the mouth of the Hudson River, the boundaries of the borough are identical to those of New York County, an original county of the state of New York...
, New York City, at the location of the former Singer Building
Singer Building
The Singer Building or Singer Tower at Liberty Street and Broadway in Manhattan, was a 47-story office building completed in 1908 as the headquarters of the Singer Manufacturing Company. It was demolished in 1968 and is now the site of 1 Liberty Plaza....
(in 1968, the third tallest structure ever demolished). 1 Liberty Plaza is currently owned and operated by Brookfield Properties
Brookfield Properties
Brookfield Office Properties Inc. is a North American commercial real estate company. Brookfield Asset Management owns fifty percent of its outstanding common shares. The company has its headquarters operations in New York City and Toronto...
. The building is 743 ft (226.5 m) tall and 54 floors. It was built in 1973. At 2200000 sq ft (204,386.7 m²), each floor offers almost 1 acres (4,047 m²) of office space, making it one of the largest office buildings in New York.
Its facade is black, consisting of a structural steel frame. The building was originally commissioned by U.S. Steel
U.S. Steel
The United States Steel Corporation , more commonly known as U.S. Steel, is an integrated steel producer with major production operations in the United States, Canada, and Central Europe. The company is the world's tenth largest steel producer ranked by sales...
. It once housed the headquarters of Merrill Lynch
Merrill Lynch
Merrill Lynch is the wealth management division of Bank of America. With over 15,000 financial advisors and $2.2 trillion in client assets it is the world's largest brokerage. Formerly known as Merrill Lynch & Co., Inc., prior to 2009 the firm was publicly owned and traded on the New York...
. Currently, a variety of tenants occupy the space, from large law firms, such as Cleary Gottlieb Steen & Hamilton, to public and not-for-profit agencies like the Lower Manhattan Development Corporation
Lower Manhattan Development Corporation
The Lower Manhattan Development Corporation was formed in July 2002, after the September 11 attacks to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan....
and the World Trade Center Memorial Foundation.
The building is bordered by Broadway
Broadway (New York City)
Broadway is a prominent avenue in New York City, United States, which runs through the full length of the borough of Manhattan and continues northward through the Bronx borough before terminating in Westchester County, New York. It is the oldest north–south main thoroughfare in the city, dating to...
, Cortlandt Street
Cortlandt Street
Cortlandt Street may refer to:* A street in Lower Manhattan, most of which became part of the World Trade Center in the 1970s* Cortlandt Street , a New York City Subway station...
, Church Street
Church Street (Manhattan)
Church Street is a short but heavily travelled north/south street in Lower Manhattan in New York City. It runs along the eastern edge of the site of the World Trade Center destroyed in the terrorist attacks of September 11, 2001. Its southern end is at Trinity Place, of which it is a continuation...
and Liberty Street
Liberty Street (Manhattan)
Liberty Street is a street in New York City that stretches east-west from the middle of Lower Manhattan almost to the East River. It borders such sites as One Chase Manhattan Plaza, the Federal Reserve Bank of New York, One Liberty Plaza, Liberty Plaza Park, the World Trade Center site, the World...
. South of the building is Zucotti Park, formerly called Liberty Plaza Park.
History
The building had a substantial renovation in 1989 which involved the creation of a new lobby and elevator system. The lobby and elevators have an extensive security system, and the building has a connection to the New York City SubwayNew York City Subway
The New York City Subway is a rapid transit system owned by the City of New York and leased to the New York City Transit Authority, a subsidiary agency of the Metropolitan Transportation Authority and also known as MTA New York City Transit...
in the basement.
The building sits next to the World Trade Center site
World Trade Center site
The World Trade Center site , also known as "Ground Zero" after the September 11 attacks, sits on in Lower Manhattan in New York City...
. Following the events of September 11, 2001, the building had broken windows and light facade damage. Brooks Brothers
Brooks Brothers
Brooks Brothers is the oldest men's clothier chain in the United States. Founded in 1818 as a family business, the privately owned company is now owned by Retail Brand Alliance, also features clothing for women, and is headquartered on Madison Avenue in Manhattan, New York City.-History:On April 7,...
on the ground floor of the building was used as a temporary morgue
Morgue
A morgue or mortuary is used for the storage of human corpses awaiting identification, or removal for autopsy or disposal by burial, cremation or otherwise...
in the days following the attack.
As of 2006, it is the 188th tallest building in the world.
Tenants
One Liberty Plaza is a hub of Wall Street activity, housing the NASDAQNASDAQ
The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
Stock Market Corporate Headquarters (3 floors), and RBC Capital Markets
RBC Capital Markets
RBC Capital Markets is a Canadian investment bank with assets of $711 billion. It is part of the Royal Bank of Canada and has one of the highest credit ratings in the world by Moody's and Standard & Poor's.,According to Bloomberg, RBCCM is consistently ranked among the top 20 global investment...
' trading floors. Major tenants are Goldman Sachs
Goldman Sachs
The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...
(8 floors), Gruntal & Co.
Gruntal & Co.
Gruntal & Co. was a boutique investment banking and brokerage firm based in New York City. Prior to its acquisition in 2002, the firm was among the oldest independent investment banking houses in the U.S....
(6 floors), The Bank of Nova Scotia (5 floors), the Lower Manhattan Development Corporation
Lower Manhattan Development Corporation
The Lower Manhattan Development Corporation was formed in July 2002, after the September 11 attacks to plan the reconstruction of Lower Manhattan and distribute nearly $10 billion in federal funds aimed at rebuilding downtown Manhattan....
and securities law firm Cleary Gottlieb Steen & Hamilton (531 attorneys on 11 floors). It also houses the corporate headquarters of Empire Blue Cross Blue Shield, and insurance companies Zurich (North American HQ, 3 floors), FolksAmerica Reinsurance Co., Mutual of America
Mutual of America
Mutual of America Life Insurance Company, also referred to as Mutual of America, is a Fortune 1000 mutual company based in New York, New York. Founded in 1945, it is ranked on the Forbes 500 list as the tenth-largest insurance company in the United States.Mutual of America specializes in providing...
, Swiss Re
Swiss Re
Swiss Reinsurance Company Ltd , generally known as Swiss Re, is a Swiss reinsurance company. It is the world’s second-largest reinsurer, after having acquired GE Insurance Solutions. The company has its headquarters in Zurich...
, Greig Fester
Benfield Group
Benfield Group is a leading independent reinsurance and risk intermediary. Customers include most of the world's major insurance and reinsurance companies as well as government entities and global corporations...
, Generali, and Allianz
Allianz
SE is a global financial services company headquartered in Munich, Germany. Its core business and focus is insurance. As of 2010, it was the world's 12th-largest financial services group and 23rd-largest company according to a composite measure by Forbes magazine.Its Allianz Global Investors...
and its subsidiaries Fireman's Fund and Interstate/Chicago.