Gilsey Building
Gilsey Building (also known as the Benedict Building) was a commercial building in Manhattan, New York City. It was completed in 1854 and demolished in May 1927. The building was located in the south corner of Cortlandt Street, west side of Broadway, at 169-171 Broadway, situated diagonally across from the Howard Hotel. Its proprietor, Peter Gilsey, has acquired a fortune in the cigar business, and also owned Gilsey House. The material was iron, and the color was white. The building's location made the numerous law and business offices among the most desirable in the city. It was a real estate holdout, forcing construction of the City Investing Building to wrap around it. The Gilsey Building was the first iron frame building erected in New York City. History It was first called the Gilsey Building, having been built by Peter Gilsey, then a noted tobacco and cigar dealer. Gilsey had been on the brink of suicide because of despondency over hard luck. He rose from a street pedd ...
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