250 Vesey Street
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250 Vesey Street
250 Vesey Street, formerly Four World Financial Center, is one of four towers that comprise the Brookfield Place complex in the Financial District of Lower Manhattan in New York City. Rising 34 floors and , it is situated between the Hudson River and the World Trade Center. The building opened in 1986 as part of the World Financial Center and was designed by Cesar Pelli & Associates. After the September 11, 2001 attacks, the building sustained major damage to its roof; however, the general damage to the building was less than that to the other three towers. On October 23, 2001, about two dozen senior executives of Merrill Lynch began returning to their offices on a limited number of floors within the building, making it the first tower in the four-tower complex to be reoccupied after the attacks. The structure was renamed 250 Vesey Street when the complex became Brookfield Place in 2014. Four World Financial Center houses the financial offices of Merrill Lynch and Jane St ...
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Merrill Lynch
Merrill (officially Merrill Lynch, Pierce, Fenner & Smith Incorporated), previously branded Merrill Lynch, is an American investment management and wealth management division of Bank of America. Along with BofA Securities, the investment banking arm, both firms engage in prime brokerage and broker-dealer activities. The firm is headquartered in New York City, and once occupied the entire 34 stories of 250 Vesey Street, part of the Brookfield Place (New York City), Brookfield Place complex in Manhattan. Merrill employs over 14,000 financial analysts and manages $2.3 trillion in client assets. The company also operates Merrill Edge, an electronic trading platform. Prior to 2009, the company was publicly owned and traded on the New York Stock Exchange. Merrill Lynch & Co. agreed to be acquired by Bank of America on September 14, 2008, at the height of the financial crisis of 2007–2008, the same weekend that Lehman Brothers was Bankruptcy of Lehman Brothers, allowed to fail. Th ...
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World Trade Center (2001–present)
The World Trade Center (WTC) is a mostly completed complex of buildings in the Lower Manhattan neighborhood of New York City, U.S., replacing the original seven buildings on the same site that were destroyed in the September 11 attacks. The site is being rebuilt with up to six new skyscrapers, four of which have been completed; a memorial and museum to those killed in the attacks; the elevated Liberty Park adjacent to the site, containing the St. Nicholas Greek Orthodox Church and the Vehicular Security Center; and a transportation hub.One, 3, 4, and 7 WTC, as well as the September 11 Memorial Museum, Liberty Park, Vehicle Security Center, and the Transportation Hub are complete. 2 and 5 WTC, as well as the Performing Arts Center, are under construction. The 94-story One World Trade Center, the tallest building in the Western Hemisphere, is the lead building for the new complex. The buildings are among many created by the World Trade Centers Association. The original World Tr ...
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