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55 Broad Street
55 Broad Street is a 30-story building at Broad Street and Beaver Street in the Financial District of Manhattan in New York City, New York. It adjoins 15 William, a skyscraper to the east. The building was constructed from 1964 to 1967, and initially operated as the headquarters of the trading firm Goldman Sachs from 1967 to 1983. It continued as an office building afterward, although it was vacant for renovations from 1991 to 1995. In 2023, renovations began to convert the building from commercial space into residential apartments. The project is expected to create 571 apartments and to finish in around 2025. The building was owned by the Rudin Management Company from 1964 to 2023; the building was taken over by Silverstein Properties and Metro Loft for the redevelopment effort, although Rudin maintains a stake in the project. Ares Real Estate Group has also invested in the redevelopment venture. History The area was previously covered by two connected 10-story buildings ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
15 William
15 William, formerly known as the William Beaver House, is a 47-story, condominium apartment building at 15 William Street in the Financial District of Manhattan, New York City. It opened in 2008, at which time it was the only ground-up residential development in the Financial District. 15 William was designed by the New York firms Tsao & McKown, Ismael Leyva Architects, and SLCE Architects, with interiors and public spaces designed by SPAN Architecture and Allied Works Architecture. It was developed by SDS Investments, Sapir Organization, André Balazs Properties, and CIM Group. Site 15 William is located in the Financial District of Manhattan, at the northwest corner of William Street and Beaver Street. The block on which the building is located is bounded by Broad Street to the west, Exchange Place to the north, William Street to the east, and Beaver Street to the south. The site at William and Beaver Streets was historically taken up by the Corn Exchange Bank in the e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Michael Milken
Michael Robert Milken (born July 4, 1946) is an American financier. He is known for his role in the development of the market for High-yield debt, high-yield bonds ("junk bonds"), and his conviction and sentence following a guilty plea on felony charges for violating U.S. securities laws. Milken's compensation while head of the high-yield bond department at Drexel Burnham Lambert in the late 1980s exceeded $1 billion over a four-year period, a record for U.S. income at that time. With a net worth of 6 billion as of 2022, he is among the richest people in the world. Milken was indicted for racketeering and securities fraud in 1989 in an insider trading investigation. In a plea bargain, he pleaded guilty to securities and reporting violations but not to racketeering or insider trading. Milken was sentenced to ten years in prison, fined $600 million (although his personal website claims $200 million) and permanently barred from the securities industry by the U.S. Securities and Exch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1967 Establishments In New York City
Events January * January 1 – Canada begins a year-long celebration of the 100th anniversary of Confederation, featuring the Expo 67 World's Fair. * January 6 – Vietnam War: United States Marine Corps and Army of the Republic of Vietnam troops launch ''Operation Deckhouse Five'' in the Mekong Delta. * January 8 – Vietnam War: Operation Cedar Falls starts, in an attempt to eliminate the Iron Triangle. * January 13 – A military coup occurs in Togo under the leadership of Étienne Eyadema. * January 15 – Louis Leakey announces the discovery of pre-human fossils in Kenya; he names the species '' Kenyapithecus africanus''. * January 23 ** In Munich, the trial begins of Wilhelm Harster, accused of the murder of 82,856 Jews (including Anne Frank) when he led German security police during the German occupation of the Netherlands. He is eventually sentenced to 15 years in prison. ** Milton Keynes in England is founded as a new town by Order in Council, with a planning brief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lower Manhattan
Lower Manhattan, also known as Downtown Manhattan or Downtown New York City, is the southernmost part of the Boroughs of New York City, New York City borough of Manhattan. The neighborhood is History of New York City, the historical birthplace of New York City and for its first 225 years was the entirety of the city. Lower Manhattan serves as Government of New York City, the seat of government of both Manhattan and the entire City of New York. Because there are no municipally defined boundaries for the neighborhood, a precise population cannot be quoted, but several sources have suggested that it was one of the fastest-growing locations in New York City between 2010 and 2020, related to the influx of young adults and significant development of new housing units. Despite various definitions of Lower Manhattan, they generally include all of Manhattan, Manhattan Island south of 14th Street (Manhattan), 14th Street, with the Bowling Green (New York City), Bowling Green and The Batte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New Yorker
''The New Yorker'' is an American magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. It was founded on February 21, 1925, by Harold Ross and his wife Jane Grant, a reporter for ''The New York Times''. Together with entrepreneur Raoul H. Fleischmann, they established the F-R Publishing Company and set up the magazine's first office in Manhattan. Ross remained the editor until his death in 1951, shaping the magazine's editorial tone and standards. ''The New Yorker''s fact-checking operation is widely recognized among journalists as one of its strengths. Although its reviews and events listings often focused on the Culture of New York City, cultural life of New York City, ''The New Yorker'' gained a reputation for publishing serious essays, long-form journalism, well-regarded fiction, and humor for a national and international audience, including work by writers such as Truman Capote, Vladimir Nabokov, and Alice Munro. In the late ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Architect's Newspaper
''The Architect's Newspaper'' is an architectural publication that covers the United States in monthly printed issues and online. The paper was founded in 2003 by William Menking, editor-in-chief, and Diana Darling, publisher, to bring architects and designers news relevant to architects, designers, engineers, landscape architects, lighting designers, interior designers, academics, developers, contractors, and other parties interested in the built urban environment. Content both in print and online ranges from a mix of topical essays, opinionated columns, project analyses, firm profiles, interviews, new products, reviews of exhibitions and books, a gossip column, plus an updated calendar of important events and competitions. Today, the paper is often referred to as ‘AN’ –the letters of which are depicted in its logotype. It has been praised for "balanced and accessible" coverage, although its target audience is architects and design professionals. History When first launch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CetraRuddy
CetraRuddy Architecture is a New York City-based architecture and interior design firm, who has worked on projects in the United States, especially New York City; Europe; and the Middle East. It provides architectural and interior design services for residences, hotels, schools, and cultural institutions. The firm was founded in 1987 by John Cetra and Nancy J. Ruddy and is led by four principals and three associate principals with a staff of over 100 architects and interior designers. Projects CetraRuddy designed One Madison, a 50-story "sliver building" condominium tower on East 23rd Street at Madison Avenue, south of Madison Square Park. In 2014, the building received the Architizer A+ Jury Award for Residential High Rise, and since 2013, it has been part of the "Sky High & the Logic of Luxury" exhibition at the Skyscraper Museum in New York City. The firm is also responsible for the adaptive reuse of residences of the Walker Tower, a former telephone switch building in Chel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Federal Open Market Committee Actions
This is a list of historical rate actions by the United States Federal Open Market Committee (FOMC). The FOMC controls the supply of credit to banks and the sale of treasury securities. The Federal Open Market Committee meets every two months during the fiscal year. At scheduled meetings, the FOMC meets and makes any changes it sees as necessary, notably to the federal funds rate and the discount rate. The committee may also take actions with a less firm target, such as an increasing liquidity by the sale of a set amount of Treasury bonds, or affecting the price of currencies both foreign and domestic by selling dollar reserves (such as during the Mexican peso bailout in 1994). Jerome Powell is the current chairperson of the Federal Reserve and the FOMC. Famous actions Operation Twist (1961) The Federal Open Market Committee action known as Operation Twist (named for the twist dance craze of the time) began in 1961. The intent was to flatten the yield curve in order to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic In New York City
The first case of the COVID-19 pandemic in New York City was confirmed on March 1, 2020, though later research showed that the novel coronavirus had been circulating in New York City since January, with cases of community transmission confirmed as early as February. By March 29, over 30,000 cases were confirmed, and New York City had become the worst-affected area COVID-19 pandemic in the United States, in the United States. There were over 2,000 deaths by April 6; at that stage, the city had more confirmed coronavirus cases than COVID-19 pandemic in mainland China, China, the COVID-19 pandemic in the United Kingdom, UK, or COVID-19 pandemic in Iran, Iran. Bodies of the deceased were picked up from their homes by the US Army, United States National Guard, National Guard, and Air National Guard. Starting March 16, New York City schools were closed. On March 20, the New York State governor's office issued an State executive order, executive order closing "non-essential" businesse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dot-com Bubble
The dot-com bubble (or dot-com boom) was a stock market bubble that ballooned during the late-1990s and peaked on Friday, March 10, 2000. This period of market growth coincided with the widespread adoption of the World Wide Web and the Internet, resulting in a dispensation of available venture capital and the rapid growth of valuations in new dot-com Startup company, startups. Between 1995 and its peak in March 2000, investments in the NASDAQ composite stock market index rose by 80%, only to fall 78% from its peak by October 2002, giving up all its gains during the bubble. During the dot-com crash, many online shopping companies, notably Pets.com, Webvan, and Boo.com, as well as several communication companies, such as Worldcom, NorthPoint Communications, and Global Crossing, failed and shut down. Others, like Lastminute.com, MP3.com and PeopleSound were bought out. Larger companies like Amazon (company), Amazon and Cisco Systems lost large portions of their market capitalizati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst & Young
EY, previously known as Ernst & Young, is a multinational corporation, multinational professional services partnership, network based in London, United Kingdom. Along with Deloitte, KPMG and PwC, it is one of the Big Four accounting firms, Big Four accounting firms. The EY network is composed of member firms of Ernst & Young Global Limited, a UK company Company limited by guarantee, limited by guarantee. EY is one of the largest professional services networks in the world. It primarily provides assurance services, assurance, tax, Information technology, information technology services (including managed services in areas like Cybersecurity, Cloud computing, Cloud, Digital transformation, Digital Transformation and Artificial intelligence, AI), management consulting, consulting, and Corporate services, advisory services to its clients. Ernst & Young Global Limited operates as a network of member firms which are structured as separate legal entities in a partnership, which has 395 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Incubator
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale range of services, starting with management training and office space, and ending with venture capital financing. The National Business Incubation Association (NBIA) defines business incubators as a catalyst tool for either regional or national economic development. NBIA categorizes its members' incubators by the following five incubator types: academic institutions; non-profit development corporations; for-profit property development ventures; venture capital firms, and a combination of the above. Business incubators differ from research and technology parks in their dedication to startup and early-stage companies. Research and technology parks, on the other hand, tend to be large-scale projects that house everything from corporate, government, or university labs to very small companies. Most research and technology parks do not ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
