Listen to this article

2 Broadway

From Deep web, the free encyclopedia
Jump to navigation Jump to search

Coordinates: 40°42′17″N 74°00′48″W / 40.7046°N 74.0133°W / 40.7046; -74.0133

2 Broadway
2 Broadway (65167323).jpeg
(2014)
General information
TypeOffice
Architectural styleInternational
Address2-8 Broadway
Town or cityFinancial District, Manhattan, New York City, New York
CountryUnited States
Coordinates40°42′17″N 74°00′48″W / 40.7046°N 74.0133°W / 40.7046; -74.0133
Construction started1958
Completed1959
Renovated1999
Height421 feet (128 m)
Technical details
Floor count32
Design and construction
Architecture firmEmery Roth & Sons
Renovating team
Renovating firmSkidmore, Owings & Merrill
References
[1]

2 Broadway is an office building at the south end of Broadway, near Bowling Green Park in New York City. 2 Broadway was built on the site of the New York Produce Exchange, and now houses the headquarters of the Metropolitan Transportation Authority.

Description and history[edit]

The New York Produce Exchange building, which was designed by George B. Post, and built from 1881 to 1884, was demolished in 1957 and replaced by 2 Broadway, a 32-story tower constructed in 1958-1959. The developer, Uris Buildings Corporation, first preferred a design by William Lescaze with Kahn & Jacobs, which featured a tower slab set at right angles to Broadway. However, ultimately Emery Roth & Sons was given the contract, which saw a radically different design which would fill most of the lot, with the building rising in triple setbacks. The facade is now covered in blue-green tinted glass.[2]

In the 1990s, the Metropolitan Transportation Authority was vacating its headquarters at 370 Jay Street in Downtown Brooklyn. The MTA rented space in 2 Broadway where it moved some of its operations.[3][4] In 1995, Tamir Sapir, a Russian immigrant and cab driver turned real-estate investor, bought 2 Broadway for $20 million, with the MTA as the only tenant in the building. The MTA signed a 49-year lease in July 1998, shortly after selling its New York Coliseum. Shortly after, Sapir and the MTA agreed to conduct $39 million worth of renovations to 2 Broadway. However, the renovations had become delayed and over budget, and Sapir and the MTA became involved in numerous lawsuits and countersuits. By 2000, the renovations were expected to cost $135 million.[5] By 2003, the cost of the renovations had risen to $435 million. Part of the budget increase was attributed to corruption by contractors who were renovating the buildings.[6] One such contractor was later ordered to pay restitution to the MTA for corruption.[7]

The renovation and reskinning of the building was undertaken by Skidmore, Owings & Merrill.[8]

In popular culture[edit]

References[edit]

  1. ^ "2 Broadway". Emporis. Retrieved 14 March 2017.
  2. ^ "2 Broadway". Nyc-architecture.com.
  3. ^ "Saying Farewell to an Old Friend". Metropolitan Transportation Authority. April 26, 2012. Retrieved October 14, 2016.
  4. ^ Spellen, Suzanne (January 16, 2013). "Building of the Day: 370 Jay Street". Brownstoner. Retrieved October 14, 2016.
  5. ^ Bagli, Charles V. (2000-08-09). "Brass Knuckles Over 2 Broadway; M.T.A. and Landlord Are Fighting It Out Over Rent and Renovations". The New York Times. Retrieved 2018-06-20.
  6. ^ "BUILDING BLOCKHEADS – MTA'S HQ RENOVATION $300M OVER BUDGET". New York Post. 2003-05-05. Retrieved 2018-06-20.
  7. ^ "MTA Gets $6.5 M. for 2 Broadway Mess". Observer. March 13, 2007. Retrieved 2018-06-20.
  8. ^ White, Norval; Willensky, Elliot & Leadon, Fran (2010), AIA Guide to New York City (5th ed.), New York: Oxford University Press, ISBN 9780195383867

External links[edit]