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229 West 43rd Street (formerly The New York Times Building, The New York Times Annex, and the Times Square Building) is an 18-story office building in the Theater District of Midtown Manhattan in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. Opened in 1913 and expanded in three stages, it was the headquarters of ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'' newspaper until 2007. The original building by Mortimer J. Fox of Buchman & Fox, as well as a 1920s addition by Ludlow & Peabody and a 1930s addition by Albert Kahn, are on 43rd Street.
Shreve, Lamb & Harmon Shreve, Lamb, and Harmon, founded as Shreve & Lamb, was an architectural firm, best known for designing the Empire State Building, the tallest building in the world at the time of its completion in 1931. History The firm was founded in 1920 as Sh ...
designed a wing on 44th Street in the 1940s. Columbia Property Trust owns most of the structure as an office building while
Kushner Companies Kushner Companies LLC is an American real estate developer in the New York City metropolitan area. The company's biggest presence is in the New Jersey residential market. A study published in December 2017 by ''Bloomberg News'' indicated that ...
owns the lowest four floors as a retail and entertainment complex. The 43rd Street sections of the building are designed in the
French Gothic French Gothic architecture is an architectural style which emerged in France in 1140, and was dominant until the mid-16th century. The most notable examples are the great Gothic cathedrals of France, including Notre-Dame Cathedral, Reims Cathedra ...
,
French Renaissance The French Renaissance was the cultural and artistic movement in France between the 15th and early 17th centuries. The period is associated with the pan-European Renaissance, a word first used by the French historian Jules Michelet to define th ...
, and
Italian Renaissance The Italian Renaissance ( it, Rinascimento ) was a period in Italian history covering the 15th and 16th centuries. The period is known for the initial development of the broader Renaissance culture that spread across Europe and marked the trans ...
styles and are a
New York City designated landmark The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
. The original building and its additions rise 11 stories from the street, except for a four-story wing on the eastern end of the site. The 43rd Street sections of the building are topped by a set back five-story attic, interrupted by a seven-story tower with a pyramidal
hip roof A hip roof, hip-roof or hipped roof, is a type of roof where all sides slope downwards to the walls, usually with a fairly gentle slope (although a tented roof by definition is a hipped roof with steeply pitched slopes rising to a peak). Thus, ...
. The facade is constructed of light-colored
Indiana limestone Indiana limestone — also known as Bedford limestone in the building trade — has long been an economically important building material, particularly for monumental public structures. Indiana limestone is a more common term for Salem Limestone, ...
, brick, and terracotta and is divided horizontally into a two-story base, a nine-story midsection, and the attic and tower stories. The elevations are divided into vertical bays with a mixture of single windows, double windows, and arches. The building contains of office space and of retail space. Originally, each floor was devoted to a different division of the ''Times''. Due to overcrowding at the previous ''Times'' headquarters at
One Times Square One Times Square (also known as 1475 Broadway, the New York Times Building, the New York Times Tower, or simply as the Times Tower) is a 25-story, skyscraper on Times Square in the Midtown Manhattan neighborhood of New York City. Designed by ...
, the Times Annex was constructed to supplement the paper's printing plant and other mechanical divisions. The annex became the ''Times'' headquarters shortly after opening. As the ''Times'' circulation expanded and its issues grew longer, the building was expanded in 1922–1924, 1931–1932, and 1944–1947. The ''Times'' relocated its printing plant from the building in 1997 and announced plans for new headquarters two years later, relocating in June 2007. A partnership led by
Tishman Speyer Tishman Speyer Properties is an American company that invests in real estate. History The firm was founded in 1978 by Robert Tishman and Jerry Speyer. In March 1988, the company announced its first project in Europe, the construction of a 70-s ...
bought the building in 2004 and sold it three years later to AFI USA, which had trouble finding office tenants and sold the upper floors to
The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
in 2011. AFI USA operated the retail portion of the building until 2015, when Columbia acquired the offices and Kushner bought the retail.


Site

The former New York Times Building is at 229 West 43rd Street, is on the north sidewalk between Eighth Avenue and Seventh Avenue, near
Times Square Times Square is a major commercial intersection, tourist destination, entertainment hub, and neighborhood in Midtown Manhattan, New York City. It is formed by the junction of Broadway, Seventh Avenue, and 42nd Street. Together with adjacent ...
in the Theater District of Midtown Manhattan in
New York City New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the Un ...
. The land lot is "L"-shaped, extending northward to 44th Street on the eastern half of the block. The lot covers , with a frontage of on 43rd Street and a depth of . In 1996, the city renamed the block of 43rd Street outside the building in honor of Adolph Ochs, a former publisher of ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
'', the building's longtime occupant. The surrounding area is part of
Manhattan Manhattan (), known regionally as the City, is the most densely populated and geographically smallest of the five boroughs of New York City. The borough is also coextensive with New York County, one of the original counties of the U.S. state ...
's Theater District and contains many
Broadway theatre Broadway theatre,Although ''theater'' is generally the spelling for this common noun in the United States (see American and British English spelling differences), 130 of the 144 extant and extinct Broadway venues use (used) the spelling ''Th ...
s. 229 West 43rd Street shares the city block with St. James Theatre, the
Hayes Theater The Hayes Theater (formerly the Little Theatre, New York Times Hall, Winthrop Ames Theatre, and Helen Hayes Theatre) is a Broadway theater at 240 West 44th Street in the Theater District of Midtown Manhattan in New York City. Named for actres ...
, and
Sardi's Sardi's is a continental restaurant located at 234 West 44th Street, between Broadway and Eighth Avenue, in the Theater District of Manhattan, New York City. Sardi's opened at its current location on March 5, 1927. It is known for the carica ...
restaurant to the northwest on 44th Street;
1501 Broadway 1501 Broadway, also known as the Paramount Building, is a 33-story office building on Times Square between West 43rd Street (Manhattan), 43rd and 44th Street (Manhattan), 44th Streets in the Theater District, Manhattan, Theater District neighb ...
to the east; and 255 West 43rd Street to the west on 43rd Street. Across 44th Street are the Majestic and Broadhurst theaters to the northwest, as well as the Shubert Theatre and
One Astor Plaza One Astor Plaza, also known as 1515 Broadway and formerly the W. T. Grant Building, is a 54-story office building on Times Square in the Theater District of Midtown Manhattan in New York City. Designed by Der Scutt of Ely J. Kahn & Jacobs, the ...
to the north. The American Airlines Theatre, Lyric Theatre, Times Square Theater,
New Victory Theater The New Victory Theater is a theater at 209 West 42nd Street in the Theater District of Midtown Manhattan in New York City, near Times Square. Built in 1900 as the Republic Theatre (also Theatre Republic), it was designed by Albert Westover an ...
, and
3 Times Square 3 Times Square, also known as the Thomson Reuters Building, is a 30-story skyscraper at Times Square in the Midtown Manhattan neighborhood of New York City. Located on Seventh Avenue between 42nd and 43rd Street, the building measures to ...
are across 43rd Street. Other nearby structures include the
John Golden John Lionel Golden (June 27, 1874 – June 17, 1955) was an American actor, songwriter, author, and theatrical producer. As a songwriter, he is best-known as lyricist for " Poor Butterfly" (1916). He produced many Broadway shows and four films. ...
, Bernard B. Jacobs, Gerald Schoenfeld, and
Booth Booth may refer to: People * Booth (surname) * Booth (given name) Fictional characters * August Wayne Booth, from the television series ''Once Upon A Time'' *Cliff Booth, a supporting character of the 2019 film ''Once Upon a Time in Hollywood' ...
theaters to the north, as well as the former Hotel Carter, American Airlines Theatre, and Lyric Theatre to the south. The building was developed as an annex structure for ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid d ...
''. Prior to the New York Times Annex's development, the site was part of the
Astor family The Astor family achieved prominence in business, society, and politics in the United States and the United Kingdom during the 19th and 20th centuries. With ancestral roots in the Italian Alps region of Italy by way of Germany, the Astors settled ...
estate and contained several brownstone townhouses. The easternmost section of the building was built on two land lots owned by the Astors: a lot that had been leased by the
Shubert family The Shubert family was responsible for the establishment of the Broadway district, in New York City, as the hub of the theater industry in the United States. They dominated the legitimate theater and vaudeville in the first half of the 20th cen ...
, as well a lot. The central section was acquired in 1915 and replaced five buildings of five stories each, taking up a square site measuring 100 by 100 feet. The westernmost section, measuring , was acquired in 1928 and formerly contained a six-story apartment hotel named Yandis Court.


Architecture

229 West 43rd Street was originally known as the New York Times Annex and was built in four stages. The 43rd Street sections of the building are designed in the
French Gothic French Gothic architecture is an architectural style which emerged in France in 1140, and was dominant until the mid-16th century. The most notable examples are the great Gothic cathedrals of France, including Notre-Dame Cathedral, Reims Cathedra ...
,
French Renaissance The French Renaissance was the cultural and artistic movement in France between the 15th and early 17th centuries. The period is associated with the pan-European Renaissance, a word first used by the French historian Jules Michelet to define th ...
, and
Italian Renaissance The Italian Renaissance ( it, Rinascimento ) was a period in Italian history covering the 15th and 16th centuries. The period is known for the initial development of the broader Renaissance culture that spread across Europe and marked the trans ...
styles. The eastern third of the site was designed in 1912 by Mortimer J. Fox of Buchman & Fox. From 1922 to 1924,
Ludlow and Peabody Ludlow and Peabody was an American architectural firm with offices in New York City formed by partners Charles S. Peabody and William Orr Ludlow in 1909. The firm continued in practice under that name until 1935. Peabody graduated from Harvard in ...
designed the central section as well as the attic stories. Albert Kahn designed the western section in 1931, including a second lobby and rooftop studio. A fourth section to the north was designed in 1947 by
Shreve, Lamb & Harmon Shreve, Lamb, and Harmon, founded as Shreve & Lamb, was an architectural firm, best known for designing the Empire State Building, the tallest building in the world at the time of its completion in 1931. History The firm was founded in 1920 as Sh ...
. The George A. Fuller Company was the general contractor for the original section of the building, as well as for the central section on 43rd Street. The Cauldwell Wingate Company built the westernmost section on 43rd Street. Several other contractors were involved in the construction, including ironwork contractor Sexauer and Lemke.


Form

The
massing Massing is a term in architecture which refers to the perception of the general shape and form as well as size of a building. Massing in architectural theory Massing refers to the structure in three dimensions (form), not just its outline from ...
of 229 West 43rd Street is composed of several sections. The extreme eastern end of the site is only four stories high and is part of Fox's original design. Most of the building is 11 stories tall and was developed during all three periods of the building's construction. The 11-story section is topped by a five-story attic designed by Ludlow and Peabody, which is set back on all sides. A seven-story tower, also designed by Ludlow and Peabody, rises above the 11th floor between the central and eastern parts of the building. This gave the building the appearance of a chateau with a tower. After the first expansion in 1924, an account by
the New York Times Company The New York Times Company is an American mass media company that publishes ''The New York Times''. Its headquarters are in Manhattan, New York City. History The company was founded by Henry Jarvis Raymond and George Jones in New York City. ...
described the building as measuring from the lowest basement to the pinnacle of the rooftop flagpole. However, according to Emporis, the building's pinnacle is tall. Shreve, Lamb & Harmon's wing along 44th Street is 11 stories tall. The portion of the building on 43rd Street is a
New York City designated landmark The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and cu ...
, but the 44th Street section is not protected by a landmark designation.


Facade

The facade is constructed of light-colored
Indiana limestone Indiana limestone — also known as Bedford limestone in the building trade — has long been an economically important building material, particularly for monumental public structures. Indiana limestone is a more common term for Salem Limestone, ...
, brick, and terracotta. The southern and eastern elevations were decorated elaborately, since they could readily be seen from
Broadway Broadway may refer to: Theatre * Broadway Theatre (disambiguation) * Broadway theatre, theatrical productions in professional theatres near Broadway, Manhattan, New York City, U.S. ** Broadway (Manhattan), the street **Broadway Theatre (53rd Stree ...
. The original section of the building contains one-over-one sash windows, while the expansions contain three-over-three or six-over-six sash windows. In all three sections, the windows originally had steel frames. Some of the original windows remain, while others have been replaced with those containing aluminum or steel frames.


Base

On 43rd Street, the first two stories are made of rusticated blocks of limestone. The ground level is divided into sixteen vertical bays, twelve of which contain
segmental arch A segmental arch is a type of arch with a circular arc of less than 180 degrees. It is sometimes also called a scheme arch. The segmental arch is one of the strongest arches because it is able to resist thrust. To prevent failure, a segmental ar ...
es with rusticated
voussoir A voussoir () is a wedge-shaped element, typically a stone, which is used in building an arch or vault. Although each unit in an arch or vault is a voussoir, two units are of distinct functional importance: the keystone and the springer. The ...
s. The arches formerly contained loading docks, most of which were converted to storefronts in a 2006 renovation. The piers between each bay, which also date to the 2006 renovation, contain globe-shaped lamps. The second story has thirteen bays of windows, mostly corresponding with the ground-story arches; the easternmost bay corresponds to a doorway rather than an arch. Seven of these bays contain two windows with a shared
window sill A windowsill (also written window sill or window-sill, and less frequently in British English, cill) is the horizontal structure or surface at the bottom of a window. Window sills serve to structurally support and hold the window in place. The ...
, while the other six bays have one window with a sill. A
frieze In architecture, the frieze is the wide central section part of an entablature and may be plain in the Ionic or Doric order, or decorated with bas-reliefs. Paterae are also usually used to decorate friezes. Even when neither columns nor ...
with a shell design, as well as a cornice, run above the second-story windows. The bays containing the building's main entrance (the 8th to 11th bays from west) are designed in a different manner at the ground and second stories. The main entrance is off center and was previously three bays wide; the leftmost (8th) bay was added in 2006. The 9th and 10th bays contain doorways recessed into stone porticos. The 11th bay contains a revolving door surrounded by six windows at the ground level. The 8th bay is designed in a similar manner to the 11th bay. All four bays are separated by vertical
pilaster In classical architecture, a pilaster is an architectural element used to give the appearance of a supporting column and to articulate an extent of wall, with only an ornamental function. It consists of a flat surface raised from the main wal ...
s and are flanked by elongated lamps. Within all the entrance bays, there are stone
spandrel A spandrel is a roughly triangular space, usually found in pairs, between the top of an arch and a rectangular frame; between the tops of two adjacent arches or one of the four spaces between a circle within a square. They are frequently fill ...
panels between the ground and second floors, as well as three triple-hung windows at the second floor. Two flagpoles hang from either of the 9th and 10th bays at the second floor. A sculpted gargoyle is placed between these two bays near the top of the second floor. Above this story is a frieze with reliefs, which contain a motif of two griffins flanking a shield. At the extreme east end of the building, the four-story wing has a brick facade and three single-hung windows on either of the third and fourth stories. The lintels above each of the fourth-story windows have
ogee An ogee ( ) is the name given to objects, elements, and curves—often seen in architecture and building trades—that have been variously described as serpentine-, extended S-, or sigmoid-shaped. Ogees consist of a "double curve", the combinat ...
moldings with finials at the center. There is a
terracotta Terracotta, terra cotta, or terra-cotta (; ; ), in its material sense as an earthenware substrate, is a clay-based unglazed or glazed ceramic where the fired body is porous. In applied art, craft, construction, and architecture, terracotta ...
cornice and parapet above the fourth story; the cornice is held up by four corbels.


Midsection

Across the south and east elevations, the third to ninth floors are clad in brick, while the 10th and 11th floors are faced in terracotta. The south and east elevations contain vertical pilasters with decorative capitals at the ninth story. There are 14 bays across the south elevation and five bays across the east elevation. The east elevation and the five easternmost bays of the south elevation are part of Fox's original design. The four westernmost bays of the south elevation are part of Kahn's 1932 addition, while the five bays in the center are part of Ludlow and Peabody's 1924 addition. On the south elevation, most of the bays are separated by single pilasters. The 9th and 10th bays from west are separated by double pilasters; a sign hangs from the fourth floor in the space between the two pilasters. Originally, there was a clock in the space occupied by this sign, which was destroyed by fire and replaced in 1963 with a digital clock. In a 2008 renovation, the tower received a sign measuring , as well as an analog clock face. On each story are five single windows with ogee moldings above them, as well as nine double windows without any moldings. On the east elevation, the outer two bays are single openings while the inner three bays are double openings. These windows are similar to their counterparts on the south elevation and are all separated by single pilasters. Below the 11th story on the west elevation are blind openings and double- and triple-hung windows surrounded by dark brick. On the north elevation, the windows are grouped in threes and surrounded by light brick, with ogee moldings above the eleventh-story windows. At the 10th and 11th floors, the south elevation contains nine arches and five bays of plain windows (corresponding to the bays with double and single windows respectively). The east elevation contains three arches in the center and two bays of plain windows on the outside. On both elevations, the arches are flanked by pilasters with tablet flowers. Each arch contains metal columns that divide it into thirds, as well as horizontal metal spandrels between the 10th and 11th stories. The plain bays have an unornamented window on the 10th story and a window with a balcony, ogee-molding lintel, and finial on the 11th story. Above the south and east elevations runs a frieze with shell motifs, as well as a terracotta cornice with
brackets A bracket is either of two tall fore- or back-facing punctuation marks commonly used to isolate a segment of text or data from its surroundings. Typically deployed in symmetric pairs, an individual bracket may be identified as a 'left' or ' ...
. The cornice is topped by a parapet, which contains relief panels alternating with pedestals. When the building was completed in 1913, there had been large signs on the facade.


Attic

The attic is five stories high and is set back from the 11th story. On the north, south, and east elevations, there are single and double windows on the 12th and 13th floors. The western elevation only has single windows. At the top of the 14th floor are panels with diagonal bands and
fleur-de-lis The fleur-de-lis, also spelled fleur-de-lys (plural ''fleurs-de-lis'' or ''fleurs-de-lys''), is a lily (in French, and mean 'flower' and 'lily' respectively) that is used as a decorative design or symbol. The fleur-de-lis has been used in the ...
reliefs. These are topped by frieze and a terracotta cornice with brackets. Above the cornice is a parapet, which contains obelisks on pedestals. Part of the parapet's western section has been replaced with a small addition, containing a glass wall that faces north. Windows are also installed on the eastern end of the parapet. The 15th floor of the attic has
dormer window A dormer is a roofed structure, often containing a window, that projects vertically beyond the plane of a pitched roof. A dormer window (also called ''dormer'') is a form of roof window. Dormers are commonly used to increase the usable spac ...
s within a
hip roof A hip roof, hip-roof or hipped roof, is a type of roof where all sides slope downwards to the walls, usually with a fairly gentle slope (although a tented roof by definition is a hipped roof with steeply pitched slopes rising to a peak). Thus, ...
. There is a terracotta chimney on the eastern end of the roof as well. The attic is interrupted by a seven-story tower, which separates the western two-thirds and the eastern third of the building. The tower is three bays wide and corresponds to the 9th and 10th bays on the southern elevation. At the 14th and 15th stories, the tower's center bay contained an arched opening, which has been closed up. The facade of the 15th and 16th stories contains diagonal bands and fleur-de-lis reliefs, and the 16th-story windows contain balconies, ogee moldings, and finials. The tower sets back on all sides at the 17th story, with a terracotta parapet surrounding it, as well as three arched windows on each side. Above this is a pyramidal roof that is designed to appear as though it is covered in metal. From 1951 to the 1970s, the tower's elevations contained neon letters with the name of ''The New York Times'', which measured high. At the 18th story, each elevation has a single dormer window, which contains scrolls and finials on either side and a triangular pediment on the top. Above the 18th story are round-arched dormer windows on each elevation, as well as a lantern with a railing at the pinnacle of the roof. The lantern initially contained a flagpole with the ''Times'' flag on it, which contained blue text on a white background.


Mechanical features

Following the 1924 expansion, the building was served by two
direct current Direct current (DC) is one-directional flow of electric charge. An electrochemical cell is a prime example of DC power. Direct current may flow through a conductor such as a wire, but can also flow through semiconductors, insulators, or eve ...
feeders on 43rd Street and a third feeder from 44th Street. These provided power for the building's normal operation and all originated from different power stations, so the ''Times'' could continue printing in case one feeder was interrupted. Two switchboards were provided: a primary switchboard with a capacity of 5,000 amperes and a secondary one with a capacity of 1,500 amperes. The Times Annex had extensive heating and ventilation systems when it was expanded in 1924. The heat was provided by four boilers, which could be powered either by coal bunkers with a capacity of or oil tanks with a capacity of 20,000 barrels. The heat was then distributed to the upper stories through 576 radiators. Thirteen indirect ventilation systems were installed, with a capacity of of air per minute for both intake and exhaust. There was also an ice-making plant in the basement, with a capacity of 7 tons, which served the building's drinking fountains, as well as a refrigeration plant on the eleventh floor for the employee dining rooms. The building was served directly by the
New York City water supply system A combination of aqueducts, reservoirs, and tunnels supplies fresh water to New York City. With three major water systems ( Croton, Catskill, and Delaware) stretching up to away from the city, its water supply system is one of the most exte ...
. When the Annex was first completed in 1913, the municipal water supply could provide a minute; following the 1924 expansion, this was increased to per minute. Water from these pipes was collected in the sub-basement level, then pumped to a house supply tank. When the Times Annex was completed in 1913, the original fire-protection system had tanks with a capacity of . After the 1924 expansion, the building's sprinkler system was expanded to four tanks with each, as well as a reserve tank of . The building's drainage system had two sump pumps and two sewage ejectors; they could collectively drain up to per minute.


Interior

The building originally covered either or . The four lowest floors each had and the top seven floors had . After it was expanded in 1924, the building had about . When the third expansion was completed in 1947, the building had a floor area of , excluding mezzanines. Following all of its expansions, 229 West 43rd Street has had of office space, with on a typical floor below the attic. The superstructure of the building includes densely spaced structural columns, which made it hard to lease after the ''Times'' moved out. There were seven passenger elevators following the 1924 expansion. This count remained largely unchanged in later years; the ''Times'' reported in 1973 that its building had eight passenger elevators. A freight elevator was at the eastern end of the building and traveled between the ground-floor loading dock and the sub-basement; it was used exclusively to transport paper. An additional freight elevator, at the western end of the central section, traveled between the fourth floor and sub-basement. There were various lifts and conveyor belts to carry plates and prints throughout the building. Twenty conveyors also transported papers from the presses to the mail room or its mezzanine.


''Times'' facilities

Originally, each floor was devoted to a different purpose. Issues were printed in the basement, and the mail and delivery departments were housed on the ground floor. The second floor contained the business department; the third floor housed the news department, telegraph room, and telephone switchboard; and the fourth floor was used as a composing room. The fifth floor contained employee showers, a dining room, kitchen, and doctor's office. The sixth and eighth floors were reserved for future use, while the seventh floor was used for photoengraving. The ninth floor had the Sunday ''Times'' department; the tenth floor had an editorial division and library; and the eleventh floor had executive offices, including those of ''Times'' publisher Adolph Ochs. After 1924, the employee room was relocated to the 5th to the 10th floor, and the executive offices were relocated from the 11th to the 14th floor. The basement of the original section of the building rests on 30 steel columns, which were designed to hold the
printing press A printing press is a mechanical device for applying pressure to an inked surface resting upon a print medium (such as paper or cloth), thereby transferring the ink. It marked a dramatic improvement on earlier printing methods in which the ...
es. When the building opened in 1913, it could print 372,000 sixteen-page issues per hour, compared to 54,000 per hour at the Times Tower. The basement originally had four sextuple presses, which were used to print the ''Times'' regular editions, and an octuple press, which was used for high-grade printing and
electrotype Electrotyping (also galvanoplasty) is a chemical method for forming metal parts that exactly reproduce a model. The method was invented by Moritz von Jacobi in Russia in 1838, and was immediately adopted for applications in printing and several o ...
plates. After the first expansion in 1924, the basement had sixteen sextuple presses and four octuple presses, which could print 480,000 issues per hour, with 24 to 32 pages per issue. Also in the basement was a stereotype room; a reel room with sixty magazine reels; a machine shop; and an electricians' shop. Yet another sextuple press was installed in the second expansion in 1932, with a capacity of 50,000 issues per hour. There was also a sub-basement, which contained storage space for paper and the presses' reels, as well as a pump room and boiler room. A switchboard was placed on a mezzanine level above the basement. The ground level had a neo-Gothic entrance, three loading docks, two storefronts, and a passageway leading to Weber and Fields' Music Hall (later the 44th Street Theatre). The loading docks led to a freight hall with a brick floor, measuring . The freight hall was used by paper trucks to deliver paper to the sub-basement, as well as by the delivery department, which loaded issues onto paper trucks for distribution. The printing plant closed in 1997, and the ground floor and basement have since been converted to retail. Among the retail tenants are a two-level
Bowlmor Lanes Bowlmor Lanes is the upscale brand of ten-pin bowling and entertainment centers operated by Bowlero Corporation. There are currently 18 Bowlmor Lanes centers, nine of which are former AMF 300 centers and three are former AMF Bowling Centers. Bow ...
bowling alley with 50 lanes. From 1950 to 1989, the ninth and tenth floors housed the studios for radio stations WQXR and
WQXR-FM WQXR-FM (105.9 FM) is an American non-commercial classical radio station, licensed to Newark, New Jersey and serving the North Jersey and New York City area. It is owned by the nonprofit organization New York Public Radio, which also operates ...
. These studios were accessed by a reception area on the tenth floor, which contained the executive offices of the stations. A staircase with bronze railings led to the ninth floor, which led to the studios, recording rooms, control rooms, music department, and music library. Glass walls on the ninth floor overlooked the studios, which ranged in size from to . These studios were designed with non-parallel walls, multi-tiered ceilings, double-glass windows, and soundproof doors. There was also an auditorium on the ninth floor between the early 1950s and 1999. Other facilities included a test kitchen on the ninth floor for the food department of the ''Times''.


History

''The New York Times'', founded in 1851, was first housed in 113 Nassau Street in Lower Manhattan. It moved to 138 Nassau Street, the site of what is now the
Potter Building The Potter Building is a building in the Financial District of Manhattan in New York City. The building occupies a full block along Beekman Street with the addresses 38 Park Row to its west and 145 Nassau Street to its east. It was designed ...
, in 1854. The ''Times'' moved to a neighboring five-story edifice at
41 Park Row 41 Park Row, also 147 Nassau Street and formerly the New York Times Building, is an office building in the Financial District of Manhattan in New York City, across from City Hall and the Civic Center. It occupies a plot abutting Nassau Stree ...
in 1858. Partially prompted by the development of the neighboring
New York Tribune Building The New York Tribune Building (also the Nassau-Tribune Building) was a building in the Financial District of Manhattan in New York City, across from City Hall and the Civic Center. It was at the intersection of Nassau and Spruce Streets, at 154 ...
, the ''Times'' replaced its building in 1889 with a new 13-story building at the same site, one that remains in use by
Pace University Pace University is a private university with its main campus in New York City and secondary campuses in Westchester County, New York. It was established in 1906 by the brothers Homer St. Clair Pace and Charles A. Pace as a business school. Pace ...
with some modifications. The surrounding section of Park Row was known as New York City's " Newspaper Row" in the 19th and early 20th centuries. In 1905, the paper moved to
One Times Square One Times Square (also known as 1475 Broadway, the New York Times Building, the New York Times Tower, or simply as the Times Tower) is a 25-story, skyscraper on Times Square in the Midtown Manhattan neighborhood of New York City. Designed by ...
, also known as the Times Tower, at 42nd Street and Broadway. The area surrounding the new headquarters was renamed from Longacre Square to Times Square.


Construction and opening

The ''Times'' had outgrown the slender Times Tower within a decade. One Times Square had a relatively small trapezoidal footprint and occupied its whole city block. There was so little space on the Times Tower site that its mechanical basements had to descend as much as . Meanwhile, the Times Square area had become densely developed with restaurants, theaters, hotels, and office buildings. Despite the dearth of space, a ''Times'' booklet said: "It did not occur to anyone to suggest that the 'Times''should desert Times Square." Accordingly, the ''Times'' bought the
fee A fee is the price one pays as remuneration for rights or services. Fees usually allow for overhead, wages, costs, and markup. Traditionally, professionals in the United Kingdom (and previously the Republic of Ireland) receive a fee in cont ...
for 221–229 West 43rd Street, as well as the leasehold for 217–219 West 43rd Street, from theatrical operator
Lee Shubert Lee Shubert (born Levi Schubart; March 25, 1871– December 25, 1953) was a Lithuanian-born American theatre owner/operator and producer and the eldest of seven siblings of the theatrical Shubert family. Biography Born to a Jewish family, the so ...
in March 1911. This gave the paper a site measuring . The ''Times'' intended to erect a building on the site, called the "Times Annex", for its printing presses and other mechanical functions. This building would be designed by Mortimer J. Fox. Late that year, in a special issue celebrating the paper's 60th anniversary, an unnamed reporter wrote of the new building's design: "No one will be able to doubt after the most cursory glance that the Times Building and its Annex are related". Work commenced in April 1912, and the New York Times Company received a $600,000 building loan for the project. By that June, the building had
topped out In building construction, topping out (sometimes referred to as topping off) is a builders' rite traditionally held when the last beam (or its equivalent) is placed atop a structure during its construction. Nowadays, the ceremony is often parlaye ...
and the walls were up to the tenth floor. A flag with ''The New York Times'' name was hoisted onto the roof, above street level. The building was 11 stories tall with a four-story wing to the east, giving the impression of a "mounted tower". The ''Times'' relocated into the new building on February 2, 1913, and all work was completed that August. The Times Annex was connected to the Times Tower by a duct under 43rd Street. Most of the ''Times'' operations quickly moved to the annex, except for the publishing and subscription divisions, and the space in the Times Tower was leased out.


Growth


1910s and 1920s

Shortly after the annex was completed, the ''Times'' recorded an average daily circulation of 230,360 in October 1913. A ''Times'' retrospective called the Times Annex "the largest, finest, and most completely equipped newspaper home in North America" when it was completed. The ''Times'' soon became Times Square's largest employer, with 600 employees at the annex by the mid-1910s. All of the building's floors were occupied by 1915. At the end of that year, the New York Times Company bought five townhouses at 231–239 West 43rd Street from A. Fillmore Hyde. The ''Times'' then relocated some offices into these houses. The paper's daily circulation increased considerably, exceeding 300,000 by 1921. The size of weekday issues also grew after World War I; whereas the average issue was 24 pages long before and during the war, issues had grown to between 28 and 40 pages afterward. Despite this, the ''Times'' wanted to continue publishing in Times Square, even as its competitors developed publishing plants on cheaper land. In January 1922, the New York Times Company submitted plans to the
New York City Department of Buildings The New York City Department of Buildings (DOB) is the department of the New York City government that enforces the city's building codes and zoning regulations, issues building permits, licenses, registers and disciplines certain construction ...
(DOB) for an expansion to the annex, designed by Ludlow and Peabody; the project had an estimated cost of $865,000. The same month, the ''Times'' leased two neighboring stores at 213 and 215 West 43rd Street. The addition was to be designed in a similar style to Fox's original building, making the structures appear as though they were built at the same time. The expansion included eleven stories to the west, as well as a setback attic above the roofs of both sections. The 11th-story cornice of the addition was higher than the maximum height normally allowed under the
1916 Zoning Resolution The 1916 Zoning Resolution in New York City was the first citywide zoning code in the United States. The zoning resolution reflected both borough and local interests, and was proposed after the Equitable Building was erected in Lower Manhatta ...
, so Ludlow and Peabody applied for and received an exemption to the zoning resolution. The Louis J. Cohen Company began clearing the existing buildings at 231–239 West 43rd Street in April 1922. The work involved relocating utilities and rooms that had been on the western wall of the original building, as they now faced the addition. The expanded structure topped out during May 1923, but a bricklayers' strike subsequently delayed the rest of the work. All the construction was complete by October 1924, with the expanded structure measuring wide. The general interior layout of the original building was preserved, but some divisions were relocated. Afterward, the ''Times'' had an average weekday circulation of 400,000 and a Sunday circulation of 600,000. A public rotogravure exhibition opened on the 11th floor of the Times Annex in 1927; at the time, the paper had a separate
rotogravure Rotogravure (or gravure for short) is a type of intaglio printing process, which involves engraving the image onto an image carrier. In gravure printing, the image is engraved onto a cylinder because, like offset printing and flexography, it ...
facility at Twelfth Avenue. Pynson Printers also occupied some office space in the building. The ''Times'' placed new printing presses in the basement in 1928. This was done to keep up with demand; by 1929, the ''Times'' had an average daily circulation of 431,000. The surrounding area had grown considerably by then; the Times Annex was surrounded by multiple high-rise structures, including the Paramount Building at 1501 Broadway.


1930s and 1940s

Adolph Ochs completed a new printing plant in Brooklyn in 1930, supplementing the plant on 43rd Street. Albert Kahn, the architect of the Brooklyn plant, was also designing an expansion to the 43rd Street building. Kahn filed plans for the second addition with the DOB in August 1930, with a projected cost of $1 million. As with the first addition, this project was 11 stories tall and was designed in a similar style to the two previous structures. The Cauldwell Wingate Company received the general contract that November. The west elevation was sparsely ornamented to allow for yet another expansion in the future. Small modifications were made to the south elevation, including the addition of a clock and light fixtures. According to ''Times'' historian Meyer Berger, the western section opened on August 2, 1931. The next month, ''Times'' gave craftsmanship awards to 21 construction workers who had helped build the expansion. DOB records show that the western section was completed on January 7, 1932, bringing the building's total width to . The New York Times Company bought the Little Theatre (now Hayes Theater) from
Vincent Astor William Vincent Astor (November 15, 1891 – February 3, 1959) was an American businessman, philanthropist, and member of the prominent Astor family. Early life Called Vincent, he was born in New York City on November 15, 1891. Astor was the el ...
in November 1931, and ''
Variety Variety may refer to: Arts and entertainment Entertainment formats * Variety (radio) * Variety show, in theater and television Films * ''Variety'' (1925 film), a German silent film directed by Ewald Andre Dupont * ''Variety'' (1935 film), ...
'' magazine reported that the theater would be demolished to make way for a delivery-truck exit from the Times Annex. Due to Depression-era budget cuts, the ''Times'' decided to keep the theater operating. The Times Annex remained in use as the ''Times'' headquarters, and the Museum of the Printed Word, an exhibit about the history of printing, opened inside the building in 1938. The building also hosted several public exhibitions, including a display of employee art and an annual flower show with employees' plants. In late 1941 or early 1942, the Times Annex was renamed the Times Building, while the old building at One Times Square became the Times Tower. The Little Theatre became a conference hall called the New York Times Hall at that time, after the ''Times'' had again unsuccessfully tried to demolish it in 1939. The two attempts to demolish the Little Theatre prompted the ''Times'' to instead acquire the 44th Street Theatre for expansion in 1943. Under ''Times'' president
Arthur Hays Sulzberger Arthur Hays Sulzberger (September 12, 1891December 11, 1968) was the publisher of ''The New York Times'' from 1935 to 1961. During that time, daily circulation rose from 465,000 to 713,000 and Sunday circulation from 745,000 to 1.4 million; the st ...
, the Times Company filed plans for a third expansion, as well as modifications to the existing building, in August 1944. The 11-story extension was to be designed by Shreve, Lamb & Harmon on the site of the 44th Street Theatre and would cost $2.25 million. The lobby and main entrance was redesigned in 1946 by the same architects. The work entailed removing some of the ornamental detail from the 9th and 10th bays from west and adding a new entrance in the 11th bay. At the dedication ceremony for the new entrance in December 1946, ''Times'' officials could not find the key to lock the old entrances. It turned out that the door had not been locked since 1912, when the key had been thrown away; according to a ''Times'' veteran, the philosophy had been that "The ''Times'' would never close its doors". The northward expansion, which was completed in 1947, involved expanding the printing presses' capacity by 50 percent, as well as adding bedrooms on the 14th story for executives. Three memorial plaques were unveiled inside the renovated lobby in 1948, commemorating ''Times'' employees who had fought in the two world wars. One of the plaques had been installed after World War I but was temporarily removed during the lobby renovation.


Mid- to late 20th century

Radio stations WQXR and WQXR-FM relocated to the ninth and tenth floors of the Times Building in April 1950. The stations' longtime headquarters on Fifth Avenue was no longer large enough, so five studios were built at 229 West 43rd Street; however, the stations' transmitters were sited elsewhere. The surrounding section of 43rd Street was widened in 1951 to accommodate delivery-truck traffic, and Shreve, Lamb and Harmon designed an auditorium on the ninth story, which opened the next year. The ''Times'' bought a three-block-long plot in 1955 on the West Side of Manhattan, between 62nd and 65th Streets, intending to relocate its printing plant there. Sulzberger said at the time that "eventually we will reach the point where it is not possible to expand further in our present location" at 229 West 43rd Street. The clock outside the third and fourth stories of the building was severely damaged in a 1956 fire. The new West Side printing plant opened in 1959, and the Sunday edition was relocated there from 43rd Street. In 1960, the ''Times'' began simultaneously printing its international edition in Paris and its local edition in New York City, using a teletypesetting machine at 229 West 43rd Street. The clock on the third and fourth stories was replaced in 1963 with a digital clock measuring . A computer, capable of printing type with even margins, was installed on the third floor in 1964, but it subsequently went unused for several months due to disputes with the ''Times'' labor unions. The ''Times'' purchased the plot at 217–219 43rd Street from the Astor family in 1965. This plot contained the four-story eastern wing, which was being used as a delivery exit. The same year, journalistic fraternity
Sigma Delta Chi The Society of Professional Journalists (SPJ), formerly known as Sigma Delta Chi, is the oldest organization representing journalists in the United States. It was established on April 17, 1909, at DePauw University,2009 SPJ Annual Report, letter ...
labeled 229 West 43rd Street as a "Historic Site in Journalism". A plaque commemorating Ochs was installed between the 9th and 10th bays at ground level. By the late 1960s, crime in the area was increasing; one-third of the building's night-shift printers had been assaulted or robbed, and an official for a newspaper-deliverers' union said the structure was one of the most dangerous places in the city for news-truck drivers. An air-conditioning plant was installed on the roof in 1977. At the end of the decade, the radio station studios on the 9th and 10th floors were refurbished. The attic was further modified in the 1980s with the addition of a glass-walled section on the western end of the north elevation. The attic addition contained space for studios and an auditorium. The Museum of the Printed Word, which had been operating for four decades, was relocated from 229 West 43rd Street to the
Rochester Institute of Technology Rochester Institute of Technology (RIT) is a private research university in the town of Henrietta in the Rochester, New York, metropolitan area. The university offers undergraduate and graduate degrees, including doctoral and professional ...
in 1981. WQXR and WQXR-FM regularly hosted live public performances in the 10th-floor auditorium as well. The LPC considered the building for landmark status in 1985, but the ''Times'' opposed the effort because the printing plant was still in use. The ''Times'' was also looking to relocate its printing plant outside of New York City, with 2,000 employees in the business and news departments to remain at 229 West 43rd Street. In 1987, the paper leased a building in
Edison, New Jersey Edison is a township located in Middlesex County,in the U.S. state of New Jersey. Situated in Central New Jersey within the core of the state's Raritan Valley region, Edison is a commercial hub, home to Menlo Park Mall and Little India. It ...
, to supplement its 43rd Street printing plant and replace another one in Carlstadt, New Jersey.


Relocation of ''Times'' operations

WQXR and WQXR-FM relocated from 229 West 43rd Street in 1989. After receiving tax incentives from the city and state governments of New York, the ''Times'' agreed in 1992 to build a plant in
College Point, Queens College Point is a working-middle-class neighborhood in the New York City borough of Queens. It is bounded to the south by Whitestone Expressway and Flushing; to the east by 138th Street and Malba/ Whitestone; to the north by the East River; an ...
, within city limits. The proposed Queens plant would allow issues to be printed on a single floor with the possibility of expanding to , whereas the 43rd Street plant was spread across three floors and could not expand. The Edison plant opened in 1993, printing one-third of ''Times'' issues; the remaining two-thirds continued to be printed at 43rd Street. Following the completion of the Queens plant, the ''Times'' gradually took eight of the nine presses at 43rd Street out of service, and the ''Times'' printed its final issue at 43rd Street on June 15, 1997. The relocation allowed the ''Times'' to increase the length of its daily issues from four to six sections. The old WQXR auditorium on the ninth floor continued to operate until 1999, when it was converted to offices. By then, the ''Times'' was considering converting the loading bays into storefronts. Concurrently in 1999, state and city officials were planning to launch a request for proposals for a nearby vacant site on Eighth Avenue between 40th and 41st Streets. The New York Times Company proposed a headquarters tower, citing its need to enlarge its operations. If this was not possible, the company would keep its headquarters at 43rd Street but move some jobs to New Jersey. That year, the ''Times'' predicted that its 43rd Street headquarters could be sold for $45 million. The ''Times'' selected a developer for its Eighth Avenue tower in early 2000 and announced designs for the new building at the end of 2001. During the planning of the new Times Building, the LPC proposed designating the 43rd Street sections of the 43rd Street headquarters as a landmark in 2000. The ''Times'' expressed support for the designation, which covered three-fifths of the total structure, and the LPC designated 229 West 43rd Street as a landmark on April 24, 2001. The ''Times'' was expected to move out when its new building was completed, and the '' New York Daily News'' reported rumors the old 43rd Street building could become a hotel. In November 2004, the ''Times'' sold the building to the partnership of
Tishman Speyer Tishman Speyer Properties is an American company that invests in real estate. History The firm was founded in 1978 by Robert Tishman and Jerry Speyer. In March 1988, the company announced its first project in Europe, the construction of a 70-s ...
, the New York City Employees' Retirement System, and the Teachers' Retirement System for $175 million. Tishman Speyer planned to renovate the building's of office space as soon as the ''Times'' moved out, as well as add retail to the base. These plans included modifications to mechanical systems, as well as a new lobby and new elevators. Tishman Speyer announced plans in 2006 to convert the ground-level loading bays into of storefronts, designed by Gabellini Sheppard Associates. The six westernmost loading docks were to be restored and converted into aluminum-and-glass storefronts, and new limestone piers were to be added in these bays. In addition, the main entrance would be expanded. Amid a shortage of Midtown office space,
ESPN ESPN (originally an initialism for Entertainment and Sports Programming Network) is an American international basic cable sports channel owned by ESPN Inc., owned jointly by The Walt Disney Company (80%) and Hearst Communications (20%). Th ...
and several law firms expressed interest in leasing at 229 West 43rd Street. The ''Times'' shifted its publishing operations from 43rd Street to its new Eighth Avenue headquarters on June 11, 2007, and the paper's collection of 5 million print materials was relocated as well.


Post-''Times'' occupancy


AFI USA and difficulties

Tishman Speyer put the building for sale in April 2007 for $500 million. The same month,
Lev Avnerovich Leviev Lev (Levi) Leviev (born July 30, 1956) is an Israeli diamond magnate, investor and philanthropist. Leviev was the Chairman and majority shareholder of Africa Israel Investments, a diversified conglomerate, between 1997-2018. Leviev lived in Isr ...
's
Africa Israel Investments Africa Israel Investments Ltd. (AFI Group) is an international holding and investment company based in Yehud, Israel. The group consists of several private and public companies active in areas such as real estate, construction, infrastructure, ...
(subsequently AFI USA) acquired it for $525 million, three times the price Tishman Speyer had paid. AFI USA renamed 229 West 43rd Street the Times Square Building. The company reportedly considered converting the building into luxury condominiums or partnering with
The Walt Disney Company The Walt Disney Company, commonly known as Disney (), is an American multinational mass media and entertainment industry, entertainment conglomerate (company), conglomerate headquartered at the Walt Disney Studios (Burbank), Walt Disney Stud ...
to open a branded Times Square hotel. AFI USA planned to spend $150 to $170 million on renovating the structure; it ultimately spent over $200 million. The company proposed installing a new sign and a clock on the facade, which the LPC approved. During this time, the structure was completely empty. By 2008, AFI USA was facing financial issues of its own as a result of the
financial crisis of 2007–2008 Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fi ...
, and office demand had dropped sharply, particularly around Times Square. That September, AFI USA sold a half-ownership stake in the building, as well as a half-interest in the building's $720 million debt load, to an unidentified buyer for $50 million. After renovating the retail space, AFI USA leased part of 229 West 43rd Street's basement to Running Subway Productions in early 2009, as well as another part of the basement to Discovery Times Square Exposition later that year. The office space remained empty through the end of the year; one broker called the building "space that nobody wants" due to its large floor plates. That December, Leviev announced plans to convert the building into a mixed-use structure with retail at the base, 379 hotel rooms in the midsection, and 26 residential condominiums in the attic. Banco Inbursa loaned $75 million, and Five Mile Capital Partners took a half-ownership stake in the project. Immediately afterward, AFI USA received a reduction on its debt from $652 million to $267 million, and most of the building's debtholders consequently lost money. A 50-lane bowling alley, operated by
Bowlmor Lanes Bowlmor Lanes is the upscale brand of ten-pin bowling and entertainment centers operated by Bowlero Corporation. There are currently 18 Bowlmor Lanes centers, nine of which are former AMF 300 centers and three are former AMF Bowling Centers. Bow ...
, opened on two levels in November 2010. AFI USA also opened the horror-themed Jekyll & Hyde Club based on the ''
Strange Case of Dr Jekyll and Mr Hyde ''Strange Case of Dr Jekyll and Mr Hyde'' is a 1886 Gothic novella by Scottish author Robert Louis Stevenson. It follows Gabriel John Utterson, a London-based legal practitioner who investigates a series of strange occurrences between his old ...
''. Fashion designer
Tommy Hilfiger Thomas Jacob Hilfiger ( /hɪlˈfɪgər/; born March 24, 1951) is an American fashion designer and the founder of Tommy Hilfiger Corporation. After starting his career by co-founding a chain of jeans/fashion stores called People's Place in upst ...
and investment firm JSR Capital had considered buying eight floors for $110 million and operating a hotel there, but they withdrew their offer.


Office and retail condos

In 2011,
The Blackstone Group Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate b ...
purchased the top 11 office stories for $160 million, though AFI USA and Five Mile retained ownership of the of retail on the four lowest floors. After buying the office floors, Blackstone spent $105 million on renovations, aiming to attract startups and technology companies with incentives such as private entrances, parking, and terraces. The building was rebranded as 229W43. Meanwhile, AFI USA had leased all but two of the retail spaces by 2013. The new retail tenants included a restaurant by
Guy Fieri Guy Ramsay Fieri (, ; ''né'' Ferry; born January 22, 1968) is an American restaurateur, author, and an Emmy Award winning television presenter. He co-owns three restaurants in California, licenses his name to restaurants in New York City, Las ...
, Guy's American Kitchen and Bar, which opened in late 2012. Several technology companies including
Facebook Facebook is an online social media and social networking service owned by American company Meta Platforms. Founded in 2004 by Mark Zuckerberg with fellow Harvard College students and roommates Eduardo Saverin, Andrew McCollum, Dustin Mosk ...
reportedly expressed interest in leasing space at 229 West 43rd Street. Among the early tenants were 10gen, which leased a floor in 2012, and
Yahoo! Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Manage ...
, which leased four stories in May 2013. Other office tenants included Pubmatic, Snapchat, and WGSN. Blackstone sold the office space to Columbia Property Trust for $516 million in July 2015. The same year,
Jared Kushner Jared Corey Kushner (born January 10, 1981) is an American businessman and investor. He served as a senior advisor to 45th U.S. president Donald Trump, his father-in-law. Since leaving the White House, Kushner founded Affinity Partners, a pri ...
purchased the retail section for $295 million; all except $1 million of this price was financed by loans from
Brookfield Asset Management Brookfield Asset Management Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct contro ...
. Kushner envisioned leasing out the space to multiple entertainment venues to create an amusement complex. In May 2016, Eiran Gazit announced plans for the Gulliver's Gate attraction with scale models of landmarks, inspired by '' Gulliver's Travels''. A month later, Kushner signed
National Geographic Encounter National Geographic Encounter, also known as Ocean Odyssey due to its inaugural exhibit, Times Square was an exploration of the oceans attraction operated under license from National Geographic. It was located in the former printing area of what on ...
to operate an
educational entertainment Educational entertainment (also referred to as edutainment) is media designed to educate through entertainment. The term was used as early as 1954 by Walt Disney. Most often it includes content intended to teach but has incidental entertainmen ...
attraction about the ocean, replacing Discovery Times Square Exposition. Celebrity chef
Todd English William Todd English (born August 29, 1960) is an American celebrity chef, restaurateur, author, and television personality, based in Boston, Massachusetts. He hosted the TV cooking show, ''Food Trip with Todd English,'' on PBS. In 2005 he was ...
also signed a lease in late 2016 to run a food hall, but the hall remained unopened for over a year. In October 2016,
Deutsche Bank Deutsche Bank AG (), sometimes referred to simply as Deutsche, is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Sto ...
lent $370 million to refinance the retail space, which consisted of $285 million of notes sold in the
commercial mortgage-backed security Commercial mortgage-backed securities (CMBS) are a type of mortgage-backed security backed by commercial and multifamily mortgages rather than residential real estate. CMBS tend to be more complex and volatile than residential mortgage-backed ...
market, as well as two loans held by Paramount Group and
SL Green Realty SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2019, the company owned 43 properties comprising 14,438,964 square feet. Notable proper ...
that totaled $85 million. Kushner used the loans to pay off the Brookfield financing and pay a special $59 million dividend to the Kushner Company, which prompted Robert Mueller to scrutinize the payments during his
Special Counsel investigation In the United States, a special counsel (formerly called special prosecutor or independent counsel) is a lawyer appointed to Criminal investigation, investigate, and potentially prosecution, prosecute, a particular case of suspected wrongdoing fo ...
. Within the office portion of the building,
Complex Media Complex Networks is an American media and entertainment company for youth culture, based in New York City. It was founded as a bi-monthly magazine, ''Complex'', by fashion designer Marc (Ecko) Milecofsky. Complex Networks reports on popular a ...
subleased some of Yahoo Inc.'s space in late 2017. Guy Fieri's restaurant announced plans to close at the end of 2017, and the food hall was canceled after English and Kushner sued each other in February 2018. That April, Kushner replaced Guy Fieri's former space with a new outpost of The Ribbon, a popular
Upper West Side The Upper West Side (UWS) is a neighborhood in the borough of Manhattan in New York City. It is bounded by Central Park on the east, the Hudson River on the west, West 59th Street to the south, and West 110th Street to the north. The Upper West ...
restaurant. By the end of 2018, the retail tenants were suffering financial difficulties and lawsuits. Gulliver's Gate objected that their space was smaller than promised, securing a 50 percent rent reduction after negotiating with the Kushners. National Geographic was evicted in January 2019. Kushner Companies defaulted on their mezzanine loans in March 2019 after missing several payments; the rental income was lower than expected, while the $9 million in expenses was twice as much as expected. A special servicer took over the $285 million loan in January 2020, and Gulliver's Gate closed the same month. The building's office tenants at the time included the temporary headquarters of the
Michael Bloomberg 2020 presidential campaign The 2020 presidential campaign of Michael Bloomberg, a businessman and former mayor of New York City, began when he filed a statement of candidacy with the Federal Election Commission for the office of President of the United States as a membe ...
. In March 2020, when the COVID-19 pandemic in New York City forced many physical businesses to close, Kushner fell behind on loan payments yet again. Paramount Group auctioned the retail unit that June after Kushner's default. At the end of that year, the building's retail condo was valued at $92.5 million amid the COVID-19 pandemic in New York City, representing an 80 percent decrease from three years earlier. BuzzFeed relocated to the building in 2022.


Reception

''New York Times'' design writer Steven Heller wrote in 2001 that he would rather occupy "the small Times lobby with its sweeping marble staircase, Deco-styled appointments, and curtained windows above the revolving door" than the new headquarters. Conversely, the paper's former architecture critic
Paul Goldberger Paul Goldberger (born in 1950) is an American author, architecture critic and lecturer. He is known for his "Sky Line" column in ''The New Yorker''. Biography Shortly after starting as a reporter at ''The New York Times'' in 1972, he was assign ...
said "it was never a wonderful place to work" because it merged "the worst qualities of a factory and an office". Symbolically, 229 West 43rd Street was associated with ''The New York Times''. Before the building was preserved as a landmark, Heller said: "The old Times building is an archaeological dig—a chronicle of newspaper history and a link to the city's rich past." ''The New York Observer'' wrote: "From the back-of-the-newsroom clerks to the Sulzberger on the 14th floor, Timesmen have known their place by knowing their places."


Office tenants

*Floor 5: MongoDB Inc. *Floors 6–7, 15–16: Snapchat *Floor 7: Pubmatic, WGSN *Floor 8: Knotel *Floors 9–12, 14:
Verizon Communications Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. The company is headquartered at 1095 Avenue of the Americas in ...
subsidiaries
Yahoo! Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Manage ...
and
Complex Media Complex Networks is an American media and entertainment company for youth culture, based in New York City. It was founded as a bi-monthly magazine, ''Complex'', by fashion designer Marc (Ecko) Milecofsky. Complex Networks reports on popular a ...


See also

* 1913 in architecture *
List of New York City Designated Landmarks in Manhattan from 14th to 59th Streets A ''list'' is any set of items in a row. List or lists may also refer to: People * List (surname) Organizations * List College, an undergraduate division of the Jewish Theological Seminary of America * SC Germania List, German rugby unio ...


References


Notes


Citations


Sources

* * *


External links

* * {{Authority control 1913 establishments in New York City Commercial buildings completed in 1913 Kushner family New York City Designated Landmarks in Manhattan The New York Times Newspaper buildings Newspaper headquarters in the United States Skyscraper office buildings in Manhattan Times Square buildings Theater District, Manhattan