One Chase Manhattan Plaza - History

History

The Chase Manhattan Bank president of that time, David Rockefeller, the current patriarch of the Rockefeller family, was the prime mover of the construction and the building's location, notably because many corporations had moved uptown, and the Financial District had languished as a result. One Chase Manhattan Plaza is currently occupied by the successor to the "Rockefeller Bank", JPMorgan Chase & Co.

Originally, its major tenants included the white shoe firms Milbank, Tweed, Hadley & McCloy (then the bank's main outside counsel), Davis Polk & Wardwell and Cravath, Swaine & Moore. Davis Polk and Cravath moved to Midtown in the eighties, but Milbank remains.

"The building is an enormous steel-framed rectangle, 813 feet (248 m) high, containing about 1,800,000 square feet (170,000 m2) above ground level, with another 600,000 square feet (55,742 m²) below grade for a truck entrance, mechanical equipment rooms, vaults, a branch bank, and a cafeteria. On the facade are anodized aluminum panels, mullions, and column cladding. Aluminum was chosen because it was cheaper than stainless steel, and the manufacturer offered a long performance guarantee. The columns, nearly 3 x 5 feet (0.9 x 1.5 m) in size, stand 29 feet (8.8 m) apart on the long axis and project from the long façades of the building; on the short sides, floors are cantilevered beyond the columns."

"...When seen from a distance, the bank looks bulky among the slender towers of pre- Depression skyscrapers. Its surface can also appear obtrusive because the earlier building surfaces of brick and stone absorb light while Chase's aluminum and glass reflect it. Seen from ground level, especially from its principal plaza, the building is a commanding presence."Chase's tall rectangle is asymmetrical in plan, with the elevator and service core shifted off center to allow a 45-foot (14 m) wide clerical pool on the south and individual offices and a corridor 29 feet (8.8 m) wide on the north. These broad spaces are uninterrupted by columns, adding to the cost but producing about 6 percent more continuous space for desks."

Read more about this topic:  One Chase Manhattan Plaza

Famous quotes containing the word history:

    The greatest horrors in the history of mankind are not due to the ambition of the Napoleons or the vengeance of the Agamemnons, but to the doctrinaire philosophers. The theories of the sentimentalist Rousseau inspired the integrity of the passionless Robespierre. The cold-blooded calculations of Karl Marx led to the judicial and business-like operations of the Cheka.
    Aleister Crowley (1875–1947)

    Boys forget what their country means by just reading “the land of the free” in history books. Then they get to be men, they forget even more. Liberty’s too precious a thing to be buried in books.
    Sidney Buchman (1902–1975)

    It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient Jews—Micah, Isaiah, and the rest—who took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.
    Thomas Henry Huxley (1825–95)