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The Liberty Tower, formerly the Sinclair Oil Building, is a 33-story residential building in the
Financial District A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host ...
of
Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...
in
New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...
. It is at 55 Liberty Street at the northwest corner with Nassau Street. It was built in 1909–10 as a commercial office building and was designed by
Henry Ives Cobb Henry Ives Cobb (August 19, 1859 – March 27, 1931) was an architect from the United States. Based in Chicago in the last decades of the 19th century, he was known for his designs in the Richardsonian Romanesque and Gothic revival, Victori ...
in a Gothic Revival style. The site is adjacent to the New York Chamber of Commerce Building, while the
Federal Reserve Bank of New York Building The Federal Reserve Bank of New York Building, also known as 33 Liberty Street, is a building in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City, which serves as the headquarters of the Federal Reserve ...
is to the east, across Nassau Street. Upon its completion, Liberty Tower was said to be the world's tallest building with such a small footprint, having a
floor area ratio Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. Th ...
of 30 to 1. The building's articulation consists of three horizontal sections similar to the components of a
column A column or pillar in architecture and structural engineering is a structural element that transmits, through compression, the weight of the structure above to other structural elements below. In other words, a column is a compression member ...
, namely a base, shaft, and
capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ...
. The limestone building is covered in white
architectural terracotta Architectural terracotta refers to a fired mixture of clay and water that can be used in a non-structural, semi-structural, or structural capacity on the exterior or interior of a building. Terracotta is an ancient building material that transla ...
with elaborate ornament. When the building opened in 1910, one of its first commercial tenants was the law office of future U.S. president
Franklin Delano Roosevelt Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served ...
. Shortly after
World War I World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...
, the entire building was bought by
Sinclair Oil Sinclair Oil Corporation was an American petroleum corporation founded by Harry F. Sinclair on May 1, 1916. The Sinclair Oil and Refining Corporation amalgamated the assets of 11 small petroleum companies. Originally a New York corporation, Sin ...
. In 1979, architect
Joseph Pell Lombardi Joseph Pell Lombardi is a New York City-based architect and real estate investor. Born in New York City where he spent his childhood, Lombardi moved to Irvington, New York for his high-school years. He received his Bachelor of Architecture degree ...
converted the building from commercial use into residential apartments and renamed it the "Liberty Tower", in one of the first such conversions in Manhattan south of Canal Street. The building was designated a city landmark by the
New York City Landmarks Preservation Commission The New York City Landmarks Preservation Commission (LPC) is the Government of New York City, New York City agency charged with administering the city's Historic preservation, Landmarks Preservation Law. The LPC is responsible for protecting Ne ...
in 1982 and was added to the
National Register of Historic Places The National Register of Historic Places (NRHP) is the Federal government of the United States, United States federal government's official United States National Register of Historic Places listings, list of sites, buildings, structures, Hist ...
(NRHP) in 1983. It is also a contributing property to the Wall Street Historic District, an NRHP district created in 2007.


Site

The Liberty Tower is in the
Financial District A financial district is usually a central area in a city where financial services firms such as banks, insurance companies, and other related finance corporations have their headquarters offices. In major cities, financial districts often host ...
of
Manhattan Manhattan ( ) is the most densely populated and geographically smallest of the Boroughs of New York City, five boroughs of New York City. Coextensive with New York County, Manhattan is the County statistics of the United States#Smallest, larg ...
, on the southern half of a block bounded by Nassau Street to the east, Liberty Street to the south, Liberty Place to the west, and Maiden Lane to the north. The building has a frontage of about on Nassau Street, on Liberty Street, and on Liberty Place, as well as a northern lot line measuring about long. None of these sides are parallel to each other. The tower's
land lot In real estate, a land lot or plot of land is a tract or parcel of land owned or meant to be owned by some owner(s). A plot is essentially considered a parcel of real property in some countries or immovable property (meaning practically the sam ...
has a total area of . The Liberty Tower is surrounded by numerous buildings, including the
Federal Reserve Bank of New York Building The Federal Reserve Bank of New York Building, also known as 33 Liberty Street, is a building in the Financial District, Manhattan, Financial District of Lower Manhattan in New York City, which serves as the headquarters of the Federal Reserve ...
to the east,
28 Liberty Street 28 Liberty Street, formerly known as One Chase Manhattan Plaza, is a 60-story International Style skyscraper between Nassau, Liberty, William, and Pine Streets in the Financial District of Manhattan in New York City. The building, designed by ...
to the southeast,
140 Broadway 140 Broadway (formerly known as the Marine Midland Building or the HSBC Bank Building) is a 51-story International Style (architecture), International Style office building on the east side of Broadway (Manhattan), Broadway between Cedar and Li ...
to the south, and the New York Chamber of Commerce Building to the west.


Architecture

The Liberty Tower was designed by
Henry Ives Cobb Henry Ives Cobb (August 19, 1859 – March 27, 1931) was an architect from the United States. Based in Chicago in the last decades of the 19th century, he was known for his designs in the Richardsonian Romanesque and Gothic revival, Victori ...
and constructed by the C. L. Gray Construction Company, with the Atlantic Terra Cotta Company as a major contractor. It is 33 stories tall with a roof height of . The building was designed in the English
Gothic style Gothic architecture is an architectural style that was prevalent in Europe from the late 12th to the 16th century, during the High and Late Middle Ages, surviving into the 17th and 18th centuries in some areas. It evolved from Romanesque ar ...
, and was influenced by Cobb's experiences in the
École des Beaux-Arts ; ) refers to a number of influential art schools in France. The term is associated with the Beaux-Arts architecture, Beaux-Arts style in architecture and city planning that thrived in France and other countries during the late nineteenth centu ...
and the Chicago school of architecture. Cobb intended the Liberty Tower to be "a tower rising from a solid base and growing lighter toward the top". The Liberty Tower's articulation consists of three horizontal sections similar to the components of a
column A column or pillar in architecture and structural engineering is a structural element that transmits, through compression, the weight of the structure above to other structural elements below. In other words, a column is a compression member ...
, namely a base, shaft, and
capital Capital and its variations may refer to: Common uses * Capital city, a municipality of primary status ** Capital region, a metropolitan region containing the capital ** List of national capitals * Capital letter, an upper-case letter Econom ...
. The building is freestanding on the west, south, and east sides, which face the streets, while the northern side abuts other buildings and has a facade of white brick. The freestanding facades are covered in white
architectural terracotta Architectural terracotta refers to a fired mixture of clay and water that can be used in a non-structural, semi-structural, or structural capacity on the exterior or interior of a building. Terracotta is an ancient building material that transla ...
ornamented with birds, alligators, gargoyles and other fanciful subjects. The terracotta was manufactured by the Atlantic Terra Cotta Company, while the dull porcelain brick on the facade was made by the Sayre and Fisher Company. The Liberty Tower, while smaller than other skyscrapers being built at the time, was one of New York City's first structures to be clad entirely with terracotta. It was also one of the earlier steel-cage skyscrapers to be built. With a
floor area ratio Floor area ratio (FAR) is the ratio of a building's total floor area (gross floor area) to the size of the piece of land upon which it is built. It is often used as one of the regulations in city planning along with the building-to-land ratio. Th ...
of over 30:1, the Liberty Tower was believed to be the world's slimmest skyscraper at the time of its completion. ''
The New York Times ''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of ...
'', reporting on the tower's conversion into a residential building in 1979, said that very few buildings had higher floor area ratios because the Liberty Tower's ratio was 50% higher than was allowed under New York City zoning code in 1979.


Facade

The main
elevation The elevation of a geographic location (geography), ''location'' is its height above or below a fixed reference point, most commonly a reference geoid, a mathematical model of the Earth's sea level as an equipotential gravitational equipotenti ...
is on Liberty Street, which is divided into three bays. The side elevations on Liberty Place and Nassau Street, to the west and east respectively, have five bays each. The raised basement contains storefronts facing Liberty and Nassau Streets. The 1st and 2nd floors consist of the base, and are rusticated, with a
string course A belt course, also called a string course or sill course, is a continuous row or layer of stones or brick set in a wall. Set in line with window sills, it helps to make the horizontal line of the sills visually more prominent. Set between the ...
running above the second stories. The 3rd through 5th stories are treated as transitional stories, with
lintel A lintel or lintol is a type of beam (a horizontal structural element) that spans openings such as portals, doors, windows and fireplaces. It can be a decorative architectural element, or a combined ornamented/structural item. In the case ...
s on the
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 fil ...
s above the third and fourth stories (except in the center bay on Liberty Street), and a small
cornice In architecture, a cornice (from the Italian ''cornice'' meaning "ledge") is generally any horizontal decorative Moulding (decorative), moulding that crowns a building or furniture element—for example, the cornice over a door or window, ar ...
above the 5th-story windows. On Liberty Street, the 2nd-floor girder above the center bay is raised above the corresponding girders in the side bays. The entrance is beneath the raised girder, through a Tudor arch that contains a set of bronze and glass doors under a bronze transom. The 2nd through 5th stories of the central bay on Liberty Street contains a four-bay-wide, three-sided
bay window A bay window is a window space projecting outward from the main walls of a building and forming a bay in a room. A bow window is a form of bay with a curve rather than angular facets; an oriel window is a bay window that does not touch the g ...
. The center bay is flanked by four-story-tall paneled
buttress A buttress is an architectural structure built against or projecting from a wall which serves to support or reinforce the wall. Buttresses are fairly common on more ancient (typically Gothic) buildings, as a means of providing support to act ...
es capped by
pinnacle A pinnacle is an architectural element originally forming the cap or crown of a buttress or small turret, but afterwards used on parapets at the corners of towers and in many other situations. The pinnacle looks like a small spire. It was main ...
s. On the 6th through 30th stories, each bay has two double-hung windows on each story, with two exceptions: the southernmost bay on Liberty Place has three double-hung windows per story, while the center bay on Liberty Street has two pairs of double-hung windows per story. There are cornices above the 22nd, 23rd, 26th, 27th, and 28th floors, with the 27th-floor cornice being more elaborate and projecting further outward than the others. The cornices above the 26th and 27th floor are discontinuous; they do not extend across the center bay on Liberty Street, or across the second or fourth bays on Liberty Place and Nassau Street. The bays are separated by vertical piers, which are flat between the 5th and 23rd stories, and are rounded between the 24th and 30th floors. At the 30th floor, pilasters surround the outward-facing side of the wall columns. The copper roof rises above the 30th floor. The center bay of the Liberty Street facade has a large
dormer A dormer is a roofed structure, often containing a window, that projects vertically beyond the plane of a Roof pitch, pitched roof. A dormer window (also called ''dormer'') is a form of roof window. Dormers are commonly used to increase the ...
at the roof, as do the second and fourth bays on Liberty Place and Nassau Street.


Structural features


Foundation

The Liberty Tower's
foundations Foundation(s) or The Foundation(s) may refer to: Common uses * Foundation (cosmetics), a skin-coloured makeup cream applied to the face * Foundation (engineering), the element of a structure which connects it to the ground, and transfers loads f ...
were dug with caissons sunk deep through the layers of
quicksand Quicksand (also known as sinking sand) is a colloid consisting of fine granular material (such as sand, silt or clay) and water. It forms in saturated loose sand when the sand is suddenly agitated. When water in the sand cannot escape, it crea ...
and
hardpan In soil science, agriculture and gardening, hardpan or soil pan is a dense layer of soil, usually found below the uppermost topsoil layer. There are different types of hardpan, all sharing the general characteristic of being a distinct soil layer ...
to the underlying
bedrock In geology, bedrock is solid rock that lies under loose material ( regolith) within the crust of Earth or another terrestrial planet. Definition Bedrock is the solid rock that underlies looser surface material. An exposed portion of bed ...
. At the time of construction, these foundations were said to be the second-deepest of any building in the city. Each of the caissons was sunk using of cast-iron
ballast Ballast is dense material used as a weight to provide stability to a vehicle or structure. Ballast, other than cargo, may be placed in a vehicle, often a ship or the gondola of a balloon or airship, to provide stability. A compartment within ...
, although up to of force could be applied to an individual caisson. In addition to digging the foundations, the caissons were used to excavate the quicksand and hardpan. The eight caissons at the interior of the lot are cylindrical and made of steel plates with a reinforced cutting edge and a concrete deck. The thirteen caissons at the lot's perimeter are rectangular and have four vertical sides made of planed timbers; they have a chamfered wooden cutting edge with steel reinforcement. The tops of the caissons were covered by horizontal lagging supported on falsework. The perimeter caissons were situated close together so as to make the foundation waterproof. Above the caissons are twenty-one concrete piers, supporting 24 steel columns. Each of the interior columns is attached to a separate cylindrical pier; the wall columns are carried on the caissons on the perimeter of the site. A layer of concrete mixture and layer of Portland cement mortar was deposited atop each caisson, supporting the piers above. The piers were made of concrete mixture deposited in detachable forms. The piers were built in two sections, separated by horizontal "collars" that surrounded them. After the piers were built, the rest of the foundation was excavated by hand to a depth of below the curb to provide space for the basement vaults. The walls of the adjacent buildings were shored up during these excavations. Distributing girders, which supported the superstructure's columns, were deep, slightly beneath the subbasement floor. The vault walls to the east and south were made of concrete poured thick and reinforced with vertical rods whose centers were spaced apart. The vault wall to the west was made of concrete poured thick and reinforced with vertical I-beams spaced apart.


Superstructure

The superstructure is fireproof and made of metal, exerting a total live and dead weight of upon the foundations. There are 24 columns in total: one above each of the eight interior piers, two above each of the corner piers, three above each of the piers on the western and eastern sides, and two carried above cantilever girders extending to the piers on the northern lot line. The columns each carry a load of between , and are connected to the piers through I-beam grillages at the top of the piers. The spandrel girders are deep below the fifth floor and deep above that floor.


Interior

The main entrance contains marble
wainscoting Panelling (or paneling in the United States) is a millwork wall covering constructed from rigid or semi-rigid components. These are traditionally interlocking wood, but could be plastic or other materials. Panelling was developed in antiquity t ...
and originally had a mural-covered
vaulted ceiling In architecture, a vault (French ''voûte'', from Italian ''volta'') is a self-supporting arched form, usually of stone or brick, serving to cover a space with a ceiling or roof. As in building an arch, a temporary support is needed while ring ...
. The walls on either side contained murals: one side had depictions of "Spring, Youth and Ambition", while the other had "Autumn, Age and Achievement". There was also a central figure depicting
William Cullen Bryant William Cullen Bryant (November 3, 1794 – June 12, 1878) was an American romantic poet, journalist, and long-time editor of the '' New York Evening Post''. Born in Massachusetts, he started his career as a lawyer but showed an interest in poe ...
, editor of the ''
New York Evening Post The ''New York Post'' (''NY Post'') is an American conservative daily tabloid newspaper published in New York City. The ''Post'' also operates three online sites: NYPost.com; PageSix.com, a gossip site; and Decider.com, an entertainm ...
'', the newspaper whose headquarters occupied the Liberty Tower's site in the 19th century. The murals had been removed by the end of the 20th century. There are five passenger elevators within the building. The building's staircase and the elevators are clustered on the northern wall of the lobby. When constructed, the Liberty Tower was an office building. According to developer Liberty-Nassau Building Company, the original clientele was limited to companies and individuals in finance or law, as well as large corporations. The company offered to reorganize the configurations of the floors for tenants' needs. Keystone gypsum blocks were used to divide the interior into fireproof partitions. In the original configuration, the 31st floor was an attic, the 32nd floor was the superintendent's residence, and the 33rd floor was a tank story. Since residential conversion, the building contains 86
cooperative A cooperative (also known as co-operative, coöperative, co-op, or coop) is "an autonomy, autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned a ...
residential units. The
penthouse apartment A penthouse is an apartment or unit traditionally on the highest floor of an apartment building, condominium, hotel, or tower. Penthouses are typically differentiated from other apartments by luxury features. The term 'penthouse' originally re ...
occupies the 31st floor and an overhanging mezzanine, and contains four bedrooms, three bedrooms, and a spiral staircase. The penthouse was originally the attic, with steep ceilings and mechanical pipes through many rooms. However, the highest unit in the building is the 32nd floor, which is smaller because of the roof's tapering.


History

Between 1853 and 1875, prior to the Liberty Tower's construction, a seven-story building on the Liberty Tower's site housed the offices of the ''New York Evening Post''. This building was known as the Bryant Building—after William Cullen Bryant, the ''Post'' editor—and was also nicknamed the "China Tower" because its facade was of "'china'-faced brick". Ownership of the structure changed several times in the late 19th century, with the building being conveyed to Parke Godwin in 1881 and to the Bryant Building Company (of which Parke Godwin was part) in 1883.


Construction

The Bryant Building Company, on behalf of the Parke Godwin estate, sold the site to the C. L. Gray Construction Company in January 1909 for $1.2 million. The Gray Construction Company was acting on behalf of a group of
St. Louis St. Louis ( , sometimes referred to as St. Louis City, Saint Louis or STL) is an independent city in the U.S. state of Missouri. It lies near the confluence of the Mississippi and the Missouri rivers. In 2020, the city proper had a populatio ...
investors. The investors formed a syndicate called the Liberty-Nassau Building Company, and hired Cobb, a Midwestern architect, to design a speculative, not-yet-named 30-story building on the site. In April 1909, Cobb filed plans for the building, which was to be erected by the Gray Construction Company. Because Bryant's offices had previously occupied the site, the new building was also known during construction as the Bryant Building, although the name was changed to Liberty Tower by the time the skyscraper was finished. To aid demolition of the older building, a driveway was built through its first story, two rubbish chutes were installed from the driveway to the top of the old building, and two more chutes were installed outside the Liberty Street facade. Afterward, the trim was removed from each story, then the plaster, and finally the brick walls. The old building was removed within 30 days, and foundation work on the new structure started. Foundation work commenced in May 1909 and finished by October. Moses Greenwood, one of the St. Louis investors who had promoted the project, was simultaneously developing other projects and ultimately ran into financial issues. Two
mortgages A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any pur ...
totaling $1.7 million had been placed on the building: a $1.3 million first mortgage held by the Title Guarantee and Trust Company and a $400,000 second mortgage held by the Bryant estate. The developers went into default in November 1910, when the building was nearly completed; the next month, Harold Gray filed a
foreclosure Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has Default (finance), stopped making payments to the lender by forcing the sale of the asset used as the Collateral (finance), coll ...
suit against the Liberty-Nassau Building Company. By late December 1910, ownership was transferred to a receiver named Maurice Deiches, who was appointed to complete and insure the building, and to hire a renting agent. At the time, one-third of the building was rented, but the building was largely unfinished, with missing floors and office partitions.


Office use

By March 1911, rental income had nearly doubled from December 1910 levels, and two mortgages were paid off. In addition, the syndicate controlling the building had taken out a $1.6 million loan from the
Metropolitan Life Insurance Company MetLife, Inc. is the holding corporation for the Metropolitan Life Insurance Company (MLIC), better known as MetLife, and its affiliates. MetLife is among the largest global providers of insurance, annuities, and employee benefit programs, w ...
. A foreclosure auction was planned for July 1911, but was canceled when control of the building was transferred to another company that June. Among the first commercial tenants was the law office of
Franklin D. Roosevelt Franklin Delano Roosevelt (January 30, 1882April 12, 1945), also known as FDR, was the 32nd president of the United States, serving from 1933 until his death in 1945. He is the longest-serving U.S. president, and the only one to have served ...
, who worked on the second floor before becoming U.S. president. Other tenants included the People's Surety Company of New York, as well as the Gray Construction Company. The building was considered "well rented" by 1916, but the Liberty-Nassau Building Company still had financial issues. That year, Title Guarantee and Trust filed a foreclosure suit against Liberty-Nassau, and the building was sold at auction for $1.8 million to the Garden City Company, which held the second mortgage. In 1917, an office was leased as cover for German spies seeking to prevent America's intervention in
World War I World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting to ...
. The plot involved an attempt to draw the United States into a diversionary war with Mexico and Japan. It was exposed on March 1, 1917, with news reports of an intercepted telegram decoded by British cryptographers known as the " Zimmermann Telegram", which prompted President
Woodrow Wilson Thomas Woodrow Wilson (December 28, 1856February 3, 1924) was the 28th president of the United States, serving from 1913 to 1921. He was the only History of the Democratic Party (United States), Democrat to serve as president during the Prog ...
to declare war against Germany a month later. The
Sinclair Oil Corporation Sinclair Oil Corporation was an American petroleum corporation founded by Harry F. Sinclair on May 1, 1916. The Sinclair Oil and Refining Corporation amalgamated the assets of 11 small petroleum companies. Originally a New York corporation, Si ...
bought the entire Liberty Tower in 1919 for almost $2.5 million. At the time, the company was in the Equitable Building at 120 Broadway, and the company's president Harry Ford Sinclair stated that the company desired more space than was available for lease in the Financial District. After the purchase, the Liberty Tower was known as the Sinclair Oil Building until 1945. While in the building, Sinclair formulated the deals with the Warren G. Harding administration that led to the
Teapot Dome scandal The Teapot Dome scandal was a political corruption scandal in the United States involving the administration of President Warren G. Harding. It centered on Interior Secretary Albert B. Fall, who had leased Navy petroleum reserves at Teapot Do ...
of the 1920s. Following the
construction of Rockefeller Center The construction of the Rockefeller Center complex in Midtown Manhattan, New York City, was conceived in the late 1920s and led by John D. Rockefeller Jr. Rockefeller Center is on one of Columbia University's former campuses and is bounded by F ...
in
Midtown Manhattan Midtown Manhattan is the central portion of the New York City borough of Manhattan, serving as the city's primary central business district. Midtown is home to some of the city's most prominent buildings, including the Empire State Building, the ...
, Sinclair Oil moved to
Rockefeller Center Rockefeller Center is a complex of 19 commerce, commercial buildings covering between 48th Street (Manhattan), 48th Street and 51st Street (Manhattan), 51st Street in the Midtown Manhattan neighborhood of New York City. The 14 original Art De ...
in 1935, and the
Rockefeller family The Rockefeller family ( ) is an American Industrial sector, industrial, political, and List of banking families, banking family that owns one of the world's largest fortunes. The fortune was made in the History of the petroleum industry in th ...
acquired the Liberty Tower. Leonard J. Beck bought the Liberty Tower in 1945 for about $1.3 million. The following November, Beck resold the building to the Liberty-Nassau Corporation. It was sold again to the Ronor Realty Corporation in November 1947; at the time, there were 100 tenants paying $300,000 a year in rent.


Residential conversion

The Liberty Tower was bought by G. T. Properties in 1978, at which point it was two-thirds empty. The architect
Joseph Pell Lombardi Joseph Pell Lombardi is a New York City-based architect and real estate investor. Born in New York City where he spent his childhood, Lombardi moved to Irvington, New York for his high-school years. He received his Bachelor of Architecture degree ...
, one of G. T. Properties' principals, agreed to pay $922,000, and he took ownership of the building after making a
down payment In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of fin ...
of about $25,000. At the time, no one else wanted to buy the tower, and Lombardi recalled that the neighborhood was empty. Starting in 1979, the Liberty Tower was converted from office use into a residential building. The Liberty Tower was the Financial District's first office-to-residential conversion project, and it was also one of the tallest such conversions worldwide. All of the newly converted housing units were unfurnished, coming without kitchens, bathrooms, or interior partitions. The renovation, completed in 1980, benefited from a
tax abatement A tax holiday is a temporary reduction or elimination of a tax. It is synonymous with tax abatement, tax subsidy or tax reduction. Governments usually create tax holidays as incentives for business investment, although the arrangement has also ...
regulation called J-51. Lombardi retained an apartment on the entirety of the 29th floor, in Sinclair Oil's old boardrooms. The Liberty Tower was designated a
New York City 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 c ...
in 1982, and was added to the
National Register of Historic Places The National Register of Historic Places (NRHP) is the Federal government of the United States, United States federal government's official United States National Register of Historic Places listings, list of sites, buildings, structures, Hist ...
on September 15, 1983. The deteriorating facade was restored for $6 million in the 1990s, with residents being charged an average of $55,000. Some residents could not pay their share of the restoration and sold their units. The building was damaged by the
collapse of the World Trade Center The World Trade Center in Lower Manhattan, New York City, was destroyed on September 11, 2001, as a result of al-Qaeda's terror attacks. Two commercial airliners hijacked by terrorists were deliberately flown into the Twin Towers of the com ...
some to the west on
September 11, 2001 The September 11 attacks, also known as 9/11, were four coordinated Islamist terrorist suicide attacks by al-Qaeda against the United States in 2001. Nineteen terrorists hijacked four commercial airliners, crashing the first two into ...
. Previous repairs to the facade had not been extensive, and LZA Technology published a report in September 2003 showing that the
aftermath of the September 11 attacks The September 11 attacks transformed Presidency of George W. Bush, the first term of President George W. Bush and led to what he referred to as the war on terror. The accuracy of describing it as a "war" and its political motivations and conseq ...
caused major damage. Water leakage had led to
rust Rust is an iron oxide, a usually reddish-brown oxide formed by the reaction of iron and oxygen in the catalytic presence of water or air moisture. Rust consists of hydrous iron(III) oxides (Fe2O3·nH2O) and iron(III) oxide-hydroxide (FeO(OH) ...
on the interior steel structure, which in turn expanded the steel beams, and thereby the preexisting cracks. The building received $450,000 in insurance payouts, though another $4.6 million was needed for renovations, averaging $54,000 for each of the 86 apartments. About half of residents chose to pay their share of the renovation up front, while the other half paid in installments over five years. A restoration of the building was undertaken from 2007 to 2009. During the process, 202 sculptures on the facade and 3,200 terracotta blocks were fixed or replaced, while another 1,040 terracotta blocks underwent minor repairs. The restoration cost $10 million. In 2007, the Liberty Tower was designated as a contributing property to the Wall Street Historic District, an NRHP district.


Critical reception

When the Liberty Tower was completed, an unnamed critic in ''Architecture'' magazine lauded the use of the Gothic style for the facade's vertical lines. They also praised 90 West Street and the Liberty Tower for the use of "a high sloping roof to complete the structure", saying that "this is a more desirable termination than a plain flat deck".


See also

* List of New York City Designated Landmarks in Manhattan below 14th Street *
National Register of Historic Places listings in Manhattan below 14th Street This is intended to be a complete list of properties and districts listed on the National Register of Historic Places on Manhattan Island below 14th Street, which is a significant portion of the New York City borough of Manhattan Manhatt ...


References


Notes


Citations


Sources

* * * * ** **


External links

*
Liberty Tower
at CityRealty {{Financial District, Manhattan, state=collapsed 1910 establishments in New York City Financial District, Manhattan Gothic Revival architecture in New York City Historic district contributing properties in Manhattan Individually listed contributing properties to historic districts on the National Register in New York (state) New York City Designated Landmarks in Manhattan Office buildings completed in 1910 Residential buildings on the National Register of Historic Places in Manhattan Residential skyscrapers in Manhattan Sinclair Oil Corporation