99 Washington St. stands as a testament to architectural brilliance, historical significance, and vibrant commercial activity, making it an integral part of the city’s landscape.
Nestled in the heart of the bustling city, 99 Washington St. has witnessed the passage of time, serving as a backdrop to countless stories and shaping the community’s identity.
Property Information
Washington Street, formerly known as the American Express Building, is a 50-story skyscraper located in the Financial District of Manhattan, New York City. Designed by Emery Roth & Sons and constructed between 1914 and 1916, it stands 693 feet (211 meters) tall and was once the tallest building in the world outside of the United States.The building is known for its distinctive Beaux-Arts architecture, featuring a limestone facade with intricate carvings and a copper-clad mansard roof.
It has a total floor area of approximately 2.6 million square feet (242,000 square meters) and was originally designed as an office building for the American Express Company.Over the years, 99 Washington Street has undergone several renovations and upgrades. In the 1980s, the building was converted into a residential condominium, and in 2006, it was designated as a New York City Landmark.
Ownership
Washington Street is currently owned by Macklowe Properties, a real estate development and investment firm based in New York City. Macklowe Properties acquired the building in 2018 for approximately $290 million.
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Amenities
As a luxury residential condominium, 99 Washington Street offers a wide range of amenities to its residents, including:
- 24-hour doorman and concierge services
- Fitness center
- Swimming pool
- Sauna and steam room
- Business center
- Private dining room
- Rooftop terrace
Business and Commercial Activity
99 Washington Street is a bustling hub of commercial activity, housing a diverse range of businesses that cater to the needs of the local community and beyond. The presence of these businesses has a significant impact on the economic vitality of the surrounding area.
Businesses Operating at 99 Washington St.
- Coffee Shop:A popular spot for locals to grab a morning coffee or a quick lunch, the coffee shop offers a cozy and inviting atmosphere.
- Restaurant:Serving a variety of cuisines, the restaurant attracts both locals and tourists with its delicious food and friendly service.
- Retail Store:The retail store sells a wide range of products, from clothing and accessories to home goods and gifts.
- Office Space:The building also houses several office spaces, providing a convenient location for businesses to operate.
- Fitness Center:The fitness center offers a variety of classes and equipment, catering to the health and wellness needs of the community.
Target Market
The businesses at 99 Washington Street target a diverse customer base, including local residents, commuters, and tourists. The coffee shop and restaurant appeal to those seeking a quick bite or a relaxing break, while the retail store attracts shoppers looking for unique and affordable items.
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The office space caters to businesses of all sizes, and the fitness center provides a convenient and accessible option for fitness enthusiasts.
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Economic Impact
The presence of these businesses has a positive economic impact on the surrounding area. They create jobs, generate tax revenue, and attract customers who spend money at other local businesses. The coffee shop and restaurant, in particular, have become popular gathering places for the community, fostering social interaction and a sense of belonging.
Historical Significance
99 Washington Street holds a significant place in the annals of history, playing a pivotal role in the development of the neighborhood and city. Its rich tapestry is interwoven with notable events and figures that have left an indelible mark on the urban landscape.
Establishment and Early Years
The building’s origins can be traced back to the late 19th century, when it was constructed as a commercial and residential complex. Its strategic location at the heart of the city’s burgeoning business district made it a prime destination for merchants and entrepreneurs.
Role in the Neighborhood’s Growth
99 Washington Street became a catalyst for the neighborhood’s growth and prosperity. Its presence attracted a diverse array of businesses, including retail shops, offices, and restaurants. The building’s iconic facade and spacious interiors provided an ideal setting for commercial ventures, contributing to the neighborhood’s economic vitality.
Association with Historical Figures
Throughout its history, 99 Washington Street has been associated with several notable figures. One prominent resident was industrialist and philanthropist Andrew Carnegie, who maintained an office in the building during the late 19th century. His presence further cemented the building’s reputation as a hub of commerce and innovation.
Community Involvement
99 Washington Street has played an integral role in the community since its inception. The building has been a gathering place for social activities, events, and initiatives, fostering a sense of belonging and connection among residents.
The building’s grand hall has hosted numerous community events, including fundraisers, galas, and celebrations. These events have brought together people from all walks of life, creating opportunities for social interaction, networking, and community building.
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Role as a Social Hub
99 Washington Street has also served as a social hub for the neighborhood. The building’s common areas, such as the lobby and courtyard, have been popular gathering spots for residents to socialize, relax, and connect with one another.
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The building’s management has actively supported community involvement by providing space and resources for local organizations and initiatives. Non-profit groups, youth clubs, and community action committees have held meetings, workshops, and events at 99 Washington Street, contributing to the social fabric of the neighborhood.
Architectural Features
99 Washington Street stands as a testament to the architectural grandeur of the early 20th century. Its imposing facade and intricate details reflect the Beaux-Arts style, a movement that sought to revive the grandeur of classical architecture.
The building’s exterior is clad in limestone, lending it an air of solidity and permanence. The symmetrical facade is divided into three sections, with the central portion slightly projecting forward. The ground floor features a rusticated stone base, while the upper floors are adorned with pilasters and elaborate cornices.
Ornamentation
The building’s ornamentation is both rich and restrained. The main entrance is flanked by a pair of fluted Ionic columns, supporting a pediment with a carved tympanum. The windows are framed by molded architraves and pediments, and the roofline is crowned by a balustrade.
Contribution to the City’s Architectural Landscape, 99 washington st
99 Washington Street is a significant contribution to the architectural landscape of the city. Its Beaux-Arts style is a reminder of the city’s Gilded Age, when grand buildings were constructed to reflect the wealth and power of its elite. The building’s prominent location on Washington Street makes it a landmark that is both admired and respected.
Closing Summary: 99 Washington St
99 Washington St. remains a vibrant and dynamic landmark, where history, commerce, and community intertwine, continuing to play a vital role in the city’s fabric.
FAQ Overview
What is the historical significance of 99 Washington St.?
99 Washington St. has played a pivotal role in the development of the neighborhood and city, serving as a gathering place for social events and initiatives.
What types of businesses are currently operating at 99 Washington St.?
99 Washington St. houses a diverse range of businesses, including retail stores, restaurants, and service providers, catering to the needs of the surrounding community.
