History
Built between 1987 and 1989 as the headquarters for J.P. Morgan & Co. (now absorbed into JPMorgan Chase), the tower has over 1.7 million square feet (160,000 m²) of office space, with all floors being occupied by Deutsche Bank. Completed in 1989, 60 Wall Street was the largest corporate building to be built in the Financial District.
The tower was designed by Kevin Roche, John Dinkeloo & Associates to fit its surroundings with a postmodern, Greek-revival, and neoclassical look to emphasize both height and size. WSP Cantor Seinuk is the Structural Engineer.
60 Wall Street was obtained by Deutsche Bank in 2001 for $600 million, with uncertain plans for the building. However, post 9/11, due to the loss of the 130 Liberty Street Deutsche Bank building in the terrorist attack, Deutsche Bank moved more than 4,500 of its personnel into this building. There are two floors for representative meetings, 20 and 47. Deutsche Bank owned the building, until it was sold in a sale-and-leaseback agreement to a private party for over $1.2 billion.
Today 60 Wall Street is surrounded by slender pre-World War II towers, such as the American International Building and 20 Exchange Place, making a prominent impact on the Lower Manhattan skyline.
The lobby has an entrance, open weekdays only, to the Wall Street subway station (2 3 trains) on the IRT Broadway – Seventh Avenue Line.
Deutsche Bank has installed a 122.4 kW solar photovoltaic (PV) system on the roof of its American headquarters at 60 Wall Street, New York. The system is the largest solar PV array in Manhattan and at 737 feet above the ground it is currently the highest elevated solar PV flat panel array in the world. It will reduce the Bank's electricity consumption from the grid and will decrease carbon emissions by 100 metric tons per year. Installation was completed in January 2012.
Read more about this topic: 60 Wall Street
Famous quotes containing the word history:
“... in America ... children are instructed in the virtues of the system they live under, as though history had achieved a happy ending in American civics.”
—Mary McCarthy (1912–1989)
“It takes a great deal of history to produce a little literature.”
—Henry James (1843–1916)
“Every generation rewrites the past. In easy times history is more or less of an ornamental art, but in times of danger we are driven to the written record by a pressing need to find answers to the riddles of today.... In times of change and danger when there is a quicksand of fear under men’s reasoning, a sense of continuity with generations gone before can stretch like a lifeline across the scary present and get us past that idiot delusion of the exceptional Now that blocks good thinking.”
—John Dos Passos (1896–1970)