The Gallatin Bank Building was constructed in 1887 on a plot at 34 Wall Street (Manhattan). It was enlarged from an original plot bought at 36 Wall Street when the bank was organized in 1829. The purchase price was $12,000. Originally called The Bank of New York, the name was later changed to Gallatin because of its association with the family of Albert Gallatin. John Jacob Astor was one of the bank's organizers and he was instrumental in persuading financier, Albert Gallatin, to become its first president.
Read more about Gallatin Bank Building: History of The Edifice
Famous quotes containing the words bank and/or building:
“We bank over Boston. I am safe. I put on my hat.
I am almost someone going home. The story has ended.”
—Anne Sexton (1928–1974)
“The limits of prudence: one cannot jump out of a burning building gradually.”
—Mason Cooley (b. 1927)