Former New York Life Insurance Company Building

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Former New York Life Insurance
Company Building aka Clock Tower Building 346 Broadway
Clock Tower Building.jpg
the building after Hatch's and McKim, Mead & White's extension and redesign
Former New York Life Insurance Company Building is located in Lower Manhattan
Former New York Life Insurance Company Building
Former New York Life Insurance Company Building is located in New York
Former New York Life Insurance Company Building
Former New York Life Insurance Company Building is located in the United States
Former New York Life Insurance Company Building
Location346 Broadway, New York, New York
Coordinates40°42′58″N 74°0′13″W / 40.71611°N 74.00361°W / 40.71611; -74.00361Coordinates: 40°42′58″N 74°0′13″W / 40.71611°N 74.00361°W / 40.71611; -74.00361
ArchitectStephen D. Hatch; McKim, Mead & White
Architectural styleLate 19th And 20th Century Revivals
NRHP reference #82003376 [1]
Significant dates
Added to NRHPJune 28, 1982
Designated NYCLFebruary 10, 1987

The Former New York Life Insurance Company Building, also known as the Clock Tower Building, is a structure located at 346 Broadway (with a secondary address of 108 Leonard Street) between Catherine Lane and Leonard Street, in Tribeca, Manhattan, New York City. Constructed in two stages, from 1868 to 1870 and from 1894 to 1899, it is a New York City Landmark and is listed on the U.S. National Register of Historic Places.[2]


Original building, before being extended, and then replaced

Office building[edit]

The New York Life Insurance Company's headquarters building was originally built in 1868-1870. It needed to be expanded eastward to Lafayette Street and Stephen Decatur Hatch was engaged for the job.[2] Hatch designed the extension in 1894, but died before construction could be completed.[3] The firm of McKim, Mead & White took over the work, and completed the extension in 1898, following Hatch's design.[4][2] The company then decided to replace the original building as well, and McKim, Mead & White provided an Italian Renaissance Revival style "palazzo-like" design[2] with a clock tower whose clock was manufactured and installed by the E. Howard Clock Company.[5]

The building's prominent clocktower was topped with 33-foot tall, eight ton, sculpture made by Philip Martiny, who studied under Augustus Saint-Gaudens. The piece consisted of four, 11-foot tall, crouching figures of Atlas, on whose shoulders rested a 15-foot diameter hollow globe, which was topped off with a 7-foot-tall eagle. The gigantic statue was removed in the late 1940s and has been lost ever since.[6]

New York Life left for the New York Life Building on Madison Square Park in 1928.[3] In 1967, the City of New York acquired the building and moved several city agencies along with the Criminal Court, Summons Part, into the building. The building was added to the National Register of Historic Places in 1982, and the exterior, interior and historic 1895 E. Howard & Co. No. 4 tower clock mechanism (and connecting components) were all designated New York City landmarks in 1987[2] by the New York City Landmarks Preservation Commission. The building is also included in the AIA Guide to New York City in which the clock is described as a "wonderful Classical clock overlooking Broadway."[3]

In January 2013, the City of New York sold the building to Civic Center Community Group Broadway, LLC, a joint venture between affiliates of developers Elad Group and the Peebles Corporation, for $160 million.

In 2014, Civic Center Community Group Broadway LLC began construction to convert the landmark building into a mixed-use building featuring private apartment condominiums. The clock was stopped at 10:25 am sometime after March 2015. The clock faces were to be preserved and electrified, but the landmarked, 1895 E. Howard clock mechanism (the largest clock mechanism in the United States) was to be decommissioned and removed. The New York Landmarks Preservation Commission granted a Certificate of Appropriateness, approving plans to close off the tower to the public. Opponents, including Save America's Clock, the Historic Districts Council, and the Tribeca Trust filed an Article 78 proceeding in New York Supreme Court to prevent the conversion of the clock tower into a private residence and to maintain the clock.

On March 31, 2016, Justice Lynn R. Kotler, of New York State Supreme Court ruled in favor of the Appellants and revoked the New York Landmarks Preservation Commission's Certificate of Appropriateness. According to the ruling, the Landmarks Preservation Commission has the authority to require the building owners to maintain the mechanical mechanism, and to issue a violation if the clock is transitioned to electrical workings.[10] The case was heard by the Appellate Division of the Supreme Court, First Judicial Department on February 23, 2017. On November 30, 2017, the Appellate Court, in a 3-2 decision, upheld the lower court's ruling against the developers and the City of New York. The appellate decision affirmed the lower court's decision to prevent the developers from electrifying or removing the landmarked clock and closing off the landmark clock tower from the public.[11] The developers and the City of New York filed another appeal in the New York Court of Appeals. The developers and City of New York were successful on their appeal and received a 4-2 (with 1 abstention) majority decision from the New York Court of Appeals rejecting and reversing the Appellate Division’s decision. The Petitioners-Respondents requested and were quickly denied an opportunity to reargue the motion before the New York Court of Appeals with costs and disbursements awarded to the developers and the City of New York. Based on the final binding decision from the New York Court of Appeals, the developers and City of New York were authorized to proceed with electrifying the clock and privatizing the clock tower rooms as planned.

Restoration of the historic exteriors by New York firm HLZA included cleaning the marble, replacing damaged portions of the roof parapet, and restoring the 7,000-pound sculptural eagles perched on the roof.[4]

See also[edit]



  1. ^ "National Register Information System". National Register of Historic Places. National Park Service. March 13, 2009.
  2. ^ a b c d e New York City Landmarks Preservation Commission; Dolkart, Andrew S.; Postal, Matthew A. (2009). Postal, Matthew A. (ed.). Guide to New York City Landmarks (4th ed.). New York: John Wiley & Sons. ISBN 978-0-470-28963-1. p.34
  3. ^ a b c White, Norval; Willensky, Elliot & Leadon, Fran (2010). AIA Guide to New York City (5th ed.). New York: Oxford University Press. ISBN 978-0-19538-386-7. p.83
  4. ^ Margolies, Jane (2018-11-23). "Act III for a Lower Manhattan Landmark". The New York Times. ISSN 0362-4331. Retrieved 2019-05-07.
  5. ^ "346 Broadway Tower Clock". Archived from the original on 2008-05-17. Retrieved 2009-04-22.
  6. ^ "Lost: 33 Foot High, 8 Ton, Statue — Have You Seen It?".

External links[edit]