1 Wall Street Court | |
---|---|
Former names |
|
General information | |
Status | Completed |
Type | Residential |
Architectural style | Renaissance |
Classification | Condominiums |
Location | Financial District (Manhattan) |
Address | 82–92 Beaver Street (at Pearl Street) |
Town or city | New York City |
Country | United States |
Coordinates | 40°42′19″N 74°00′30″W / 40.70528°N 74.00833°W |
Construction started | June 1903 |
Completed | October 1904 |
Renovated | 2006 |
Cost | $600,000 (1904) equivalent to $20,346,667 in 2023 |
Height | |
Roof | 205 feet (62 m) |
Technical details | |
Floor count | 15 |
Lifts/elevators | 4 |
Design and construction | |
Architecture firm | Clinton and Russell |
Known for | Former headquarters of the New York Cocoa Exchange |
Beaver Building | |
New York City Landmark No. 1942
| |
Part of | Wall Street Historic District (ID07000063[2]) |
NRHP reference No. | 05000668[1] |
NYCL No. | 1942 |
Significant dates | |
Added to NRHP | July 6, 2005[1] |
Designated CP | February 20, 2007 |
Designated NYCL | February 13, 1995[3] |
References | |
[4] |
1 Wall Street Court (also known as the Beaver Building and the Cocoa Exchange) is a residential building in the Financial District of Manhattan in New York City, United States. The 15-story building, designed by Clinton and Russell in the Renaissance Revival style, was completed in 1904 at the intersection of Wall, Pearl, and Beaver Streets.
The building is shaped similarly to a flatiron because of its position at an acute angle formed by the junction of Pearl and Beaver Streets. 1 Wall Street Court's articulation consists of three horizontal sections similar to the components of a column, namely a base, shaft, and capital. The base is faced with stone, the shaft contains alternating bands of buff and tan brick, and the capital contains multicolored terracotta ornamentation depicting geometric shapes. There are carved beavers over the main entrance facing Pearl and Beaver Streets, signifying the building's original name. The superstructure is of steel frame construction.
The Beaver Building was constructed between 1903 and 1904 as a speculative development. The building served as the headquarters of the Munson Steamship Line from 1904 until 1921, and the company owned 1 Wall Street Court from 1919 to 1937. The building was foreclosed upon in 1937, and ownership subsequently passed to several other entities, including the Bowery Savings Bank. The New York Cocoa Exchange was another large tenant, occupying the building between 1931 and 1972. The commercial spaces on ground level, as well as the interior offices, were significantly altered from their original design, with major renovations in 1937 and the mid-1980s. 1 Wall Street Court was converted into a residential condominium building in 2006.
The building was designated a city landmark by the New York City Landmarks Preservation Commission in 1995 and was added to the National Register of Historic Places (NRHP) in 2005. It is also a contributing property to the Wall Street Historic District, a NRHP district created in 2007.
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