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20 Exchange Place announcement... Wall Street...



Item # 714954

October 02, 1929

THE NEW YORK TIMES, Oct. 2, 1929

* 20 Exchange Place skyscraper plans announced
* Financial District - Lower Manhattan - Wall Street
* Also mention of the Empire State Building plans


The top of the front page has a two column heading: "71-Story Skyscraper to Rise in Wall St. Area; City Bank Farmers Trust Edifice Ready in 1931" (see images)
Complete with all 64 pages, rag edition, A little irregular along the spine, nice condition.

wikipedia notes: In October 1929, City Bank Farmers Trust filed tentative plans for a structure of either 846.4 or 925 feet with 75 stories and a budget of $9.5 million. This building would have consisted of an 80-by-80-foot tower rising above the 28th floor and tapering at the 50th floor, with a 15-foot globe-shaped lantern at the pinnacle supported by four eagles. The skyscraper, as initially planned, would have been the headquarters for a larger bank, to be created by merging the City Bank Farmers Trust and the Corn Exchange Bank. At least three early architectural sketches were drawn. The merger between the City Bank Farmers Trust and the Corn Exchange Bank was canceled after the Wall Street Crash of 1929. Consequently, the building was reduced to 64 stories, then to 54 stories.

Category: The 20th Century