Beaver Building in New York City

Monday, 16 August 2021 - 11:00 am (CET/MEZ) Berlin | Author/Destination:
Category/Kategorie: General, New York City
Reading Time:  3 minutes

© flickr.com - Tony Hisgett/cc-by-2.0

© flickr.com – Tony Hisgett/cc-by-2.0

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. 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.

© NYU FC/cc-by-sa-3.0 © PAT M IN NYC/cc-by-sa-3.0 © PAT M IN NYC/cc-by-sa-3.0 © PAT M IN NYC/cc-by-sa-3.0 © flickr.com - Tony Hisgett/cc-by-2.0 © Jim.henderson/cc-by-sa-3.0
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© flickr.com - Tony Hisgett/cc-by-2.0
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.

Read more on Cocoa Exchange and Wikipedia 1 Wall Street Court (Smart Traveler App by U.S. Department of State - Weather report by weather.com - Global Passport Power Rank - Travel Risk Map - Democracy Index - GDP according to IMF, UN, and World Bank - Global Competitiveness Report - Corruption Perceptions Index - Press Freedom Index - World Justice Project - Rule of Law Index - UN Human Development Index - Global Peace Index - Travel & Tourism Competitiveness Index). Photos by Wikimedia Commons. If you have a suggestion, critique, review or comment to this blog entry, we are looking forward to receive your e-mail at comment@wingsch.net. Please name the headline of the blog post to which your e-mail refers to in the subject line.




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