New York Stock Exchange Building

New York, United States

The New York Stock Exchange Building (NYSE Building) is a structure in the Financial District of Manhattan, serving as the headquarters of the New York Stock Exchange. It is composed of two connected structures occupying two-thirds of the city block bounded by Wall Street, Broad Street, New Street, and Exchange Place. The central third of the block contains the original structure at 18 Broad Street, designed in the neoclassical style by George B. Post. The northern third contains a 23-story office annex at 11 Wall Street, designed by Trowbridge & Livingston in a similar style.

The marble facade of 18 Broad Street contains colonnades facing east toward Broad Street and west toward New Street, both atop two-story podiums. The Broad Street colonnade, an icon of the NYSE, contains a pediment designed by John Quincy Adams Ward, depicting commerce and industry. Behind the colonnades at 18 Broad Street is the main trading floor, a 22 m rectangular space.

The NYSE had occupied the site on Broad Street since 1865 but had to expand its previous building several times because of overcrowding. The structure at 18 Broad Street was erected between 1901 and 1903, replacing the previous building. Within two decades, the NYSE's new building had become overcrowded, and the annex at 11 Wall Street was added between 1920 and 1922. Three more trading floors were added in the late 20th century to accommodate increasing demand, and there were several proposals to move the NYSE elsewhere during that time. With the growing popularity of electronic trading in the 2000s, the three newer trading floors were closed in 2007.

References:

Comments

Your name



Details

Founded: 1901
Category: Miscellaneous historic sites in United States

More Information

en.wikipedia.org

User Reviews

Powered by Google

Featured Historic Landmarks, Sites & Buildings

Historic Site of the week

Trencín Castle

Trenčín Castle is relatively large renovated castle, towering on a steep limestone cliff directly above the city of Trenčín. It is a dominant feature not only of Trenčín, but also of the entire Považie region. The castle is a national monument.

History of the castle cliff dates back to the Roman Empire, what is proved by the inscription on the castle cliff proclaiming the victory of Roman legion against Germans in the year 179.

Today’s castle was probably built on the hill-fort. The first proven building on the hill was the Great Moravian rotunda from the 9th century and later there was a stone residential tower, which served to protect the Kingdom of Hungary and the western border. In the late 13th century the castle became a property of Palatine Matúš Csák, who became Mr. of Váh and Tatras.

Matúš Csák of Trenčín built a tower, still known as Matthew’s, which is a dominant determinant of the whole building.