70 Pine Street

70 Pine Street
Map
Former namesAmerican International Building
General information
TypeResidential (converted from offices)
Architectural styleArt Deco
Location70 Pine Street, Manhattan, New York, U.S.
Coordinates40°42′23″N 74°00′27″W / 40.70639°N 74.00750°W / 40.70639; -74.00750
Construction started1930
Completed1932
OpeningMay 13, 1932
Cost$7 million (equivalent to about $156.32 million in 2023)
OwnerEastbridge Group, AG Real Estate
Height
Architectural952 ft (290 m)
Roof850 ft (260 m)
Top floor800 ft (240 m)
Technical details
Floor count70
Floor area864,988 sq ft (80,360.0 m2)
Lifts/elevators24
Design and construction
Architect(s)Clinton and Russell, Holton & George
DeveloperRose Associates
Structural engineerTaylor Fichter Steel Construction
Main contractorJames Stewart & Co. Builders
References
[1][2]
DesignatedJune 21, 2011
Reference no.2441, 2442

70 Pine Street (formerly known as the 60 Wall Tower, Cities Service Building, and American International Building) is a 67-story, 952-foot (290 m) residential building in the Financial District of Lower Manhattan in New York City. Built from 1930 to 1932 by energy conglomerate Cities Service Company (later Citgo), the building was designed by the firm of Clinton & Russell, Holton & George in the Art Deco style. It was Lower Manhattan's tallest building and the world's third-tallest building upon its completion.

70 Pine Street occupies a trapezoidal lot on Pearl Street between Pine and Cedar Streets. It features a brick, limestone, and gneiss facade with numerous setbacks. The building contains an extensive program of ornamentation, including the Cities Service Company's triangular logo and solar motifs. The interior features included escalators at the base and double-deck elevators linking the tower's floors. A three-story penthouse, intended for Cities Service's founder Henry Latham Doherty, was instead used as a public observatory.

70 Pine Street's construction was funded through a public offering of stock, rather than a mortgage loan. Despite having been built during the Great Depression, the building was profitable enough that it broke even by 1936, and 90 percent of its space was occupied five years later. The American International Group (AIG) bought the building in 1976, and it was acquired by another firm in 2009 after AIG went bankrupt. The building and its first floor interior were designated as official New York City landmarks in June 2011. In 2016, the building became a luxury rental residential property.

  1. ^ Cite error: The named reference emporis was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference The Skyscraper Center 2016 was invoked but never defined (see the help page).