399 Park Avenue
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399 Park Avenue
399 Park Avenue is a 41-story office building that occupies the entire block between Park Avenue and Lexington Avenue and 53rd Street and 54th Street in Midtown Manhattan, New York City. The building was the world headquarters of Citigroup from 1961 when it moved from 55 Wall Street until 2015 when the company moved to 388 Greenwich Street. History The building lot was assembled by Vincent Astor who initially planned to build a 46-story Astor Plaza on the site. Astor had problems completing the assembly of the lots of mostly residential buildings as a pharmacy held out. In 1974, the company opened the Citigroup Center annex across Lexington to the east. In 1987, Citigroup sold one third of its interest in the building along with two-thirds of its interest in Citigroup Center to Dai-Ichi Mutual Life Insurance Company for $670 million. At the time, Citigroup said it was moving many of its offices to One Court Square in Long Island City, Queens. Citigroup moved out of the top two ...
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601 Lexington Avenue
The Citigroup Center (formerly Citicorp Center and also known by its address, 601 Lexington Avenue) is an office skyscraper in the Midtown Manhattan neighborhood of New York City. Built in 1977 to house the headquarters of Citibank, it is tall and has 59 floors with of office space. The building was designed by architect Hugh Stubbins, associate architect Emery Roth & Sons, and structural engineer William LeMessurier. 601 Lexington Avenue takes up much of a city block bounded clockwise from west by Lexington Avenue, 54th Street (Manhattan), 54th Street, Third Avenue, and 53rd Street (Manhattan), 53rd Street. The building has a 45° angled top with a base on four Stilts (architecture), stilts, as well as a six-story office annex to the east. The tower overhangs St. Peter's Evangelical Lutheran Church at Lexington Avenue and 54th Street, a standalone granite structure designed simultaneously by Stubbins. Also at the base is a sunken plaza, a shopping concourse, and entrances t ...
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Long Island City
Long Island City (LIC) is a residential and commercial neighborhood on the extreme western tip of Queens, a borough in New York City. It is bordered by Astoria to the north; the East River to the west; New Calvary Cemetery in Sunnyside to the east; and Newtown Creek—which separates Queens from Greenpoint, Brooklyn—to the south. Incorporated as a city in 1870, Long Island City was originally the seat of government of the Town of Newtown, before becoming part of the City of Greater New York in 1898. In the early 21st century, Long Island City became known for its rapid and ongoing residential growth and gentrification, its waterfront parks, and its thriving arts community. The area has a high concentration of art galleries, art institutions, and studio space. Long Island City is the eastern terminus of the Queensboro Bridge, the only non-tolled automotive route connecting Queens and Manhattan. Northwest of the bridge are the Queensbridge Houses, a development of the New ...
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Brigade Capital
Brigade Capital Management, LP, more commonly referred to as Brigade Capital, is a global alternative investment manager specializing in credit investment strategies. The firm employs a multi-strategy, multi-asset class investment approach focused on leveraged balance sheets and manages core strategies across long/short credit, distressed debt, capital structure arbitrage, long/short equities and structured credit. The hedge fund invests primarily in the retail, media, telecommunications, healthcare, finance, utilities and energy sectors with particular expertise in distressed securities, bankruptcy and reorganization. History Founded in 2006 by Patrick W. Kelly and Donald E. Morgan III, the firm is headquartered in New York City with offices in London, Tokyo and Sydney. In March 2017, Brigade Capital won Firm of the Year from Absolute Return Awards, an award given to the world’s best-performing hedge funds. In 2017, the hedge fund was allegedly defrauded by Craig Carton of WF ...
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SL Green Realty
SL Green Realty Corp. is a real estate investment trust that primarily invests in office buildings and shopping centers in New York City. As of December 31, 2019, the company owned 43 properties comprising 14,438,964 square feet. Notable properties owned by the company are One Astor Plaza, One Vanderbilt, 461 Fifth Avenue, 810 Seventh Avenue, 919 Third Avenue, the Pershing Square Building, and Random House Tower. History The company's predecessor, S.L. Green Properties, Inc., was formed in 1980 by Stephen L. Green. In 1997, the company was formed as a successor. In 2000, the company sold the Whitehall Building. In 2002, in partnership with SITQ, the company acquired One Astor Plaza for $483.5 million. In 2003, the company acquired 461 Fifth Avenue for $100.3 million. In November 2004, the company sold The Knickerbocker Hotel (Manhattan) for $160 million. In 2005, the company acquired the Metropolitan Life Insurance Company Tower for $916 million and converted the buil ...
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7 World Trade Center
7 World Trade Center (7 WTC, WTC-7, or Tower 7) refers to two buildings that have existed at the same location within the World Trade Center site in Lower Manhattan, New York City. The original structure, part of the original World Trade Center, was completed in 1987 and was destroyed in the September 11 attacks in 2001. The current structure opened in May 2006. Both buildings were developed by Larry Silverstein, who holds a ground lease for the site from the Port Authority of New York and New Jersey. The original Trade Center was tall, clad in red granite masonry, and occupied a trapezoidal footprint. An elevated walkway spanning Vesey Street connected the building to the World Trade Center plaza. The building was situated above a Consolidated Edison power substation, which imposed unique structural design constraints. When the building opened in 1987, Silverstein had difficulties attracting tenants. Salomon Brothers signed a long-term lease in 1988 and became the anchor te ...
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Wilmer Cutler Pickering Hale And Dorr
Wilmer Cutler Pickering Hale and Dorr LLP, also known as Hale & Dorr and WilmerHale, is an international law firm with offices in the United States, Europe and Asia. It is co-headquartered in Washington, D.C. and Boston. It was formed in 2004 through the merger of the Boston-based firm Hale and Dorr and the Washington-based firm Wilmer Cutler & Pickering, and employs more than 1,000 attorneys worldwide. Notable alumni include former FBI Director Robert Mueller, Special Counsel to the investigation into Russian interference in the 2016 US presidential election; Ken Salazar, United States Ambassador to Mexico; Boyden Gray, former White House Counsel and United States Ambassador to the European Union; and Alejandro Mayorkas, United States Secretary of Homeland Security. The firm currently employs several prominent attorneys, including Seth Waxman, former Solicitor General of the United States; Preet Bharara, former United States Attorney for the Southern District of New York; Ken ...
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Caplin & Drysdale
Caplin may refer to: Animals * Capelin, a small forage fish also known as a caplin People * Alfred Gerald Caplin, better known as Al Capp (1909–1979), American cartoonist and humorist * Andrew Caplin (born 1956), British-American economist * Arnold S. Caplin (born 1929), American record producer * Carole Caplin (born 1962), British health and wellness advisor and writer * Elliot Caplin (1913–2000), American comic strip writer * Ivor Caplin (born 1958), British politician * Jean Caplin (1930–2014), British swimmer * Lara Molins Caplin (born 1980), Irish cricketer * Lee Caplin (born 1946), American entertainment executive * Mortimer Caplin (1916–2019), American lawyer and educator * Nathan Caplin (1891–1923), American gangster * Nicholas Caplin (born 1958), former British Army officer * Paul Caplin (born 1959), British entrepreneur and businessman * Robert Caplin (born 1983), American photographer and cinematographer * Roxey Ann Caplin (1793–1888), British write ...
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Bankruptcy Of Lehman Brothers
The bankruptcy of Lehman Brothers on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate financing for its reorganization. These discussions failed, and Lehman filed a Chapter 11 petition that remains the largest bankruptcy filing in U.S. history, involving more than in assets. The bankruptcy triggered a 4.5% one-day drop in the Dow Jones Industrial Average, then the largest decline since the September 11, 2001, attacks. It signaled a limit to the government's ability to manage the crisis and prompted a general financial panic. Money market mutual funds, a key source of credit, saw mass withdrawal demands to avoid losses, and the interbank lending market tightened, threatening banks with imminent failure. The government and the Federal Reserve system responded with several emergency ...
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Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill (company), Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, Stock, equity, Bond (finance), fixed-income and Derivative (finance), derivatives sales and stock trading, trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehm ...
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Brookfield Place (New York City)
Brookfield Place (previously named and still commonly referred to as the World Financial Center) is a shopping center and office building complex in the New York City borough of Manhattan. It is located in the Battery Park City neighborhood, across West Street from the World Trade Center, and overlooks the Hudson River. The complex is currently owned and managed by Brookfield Properties, a subsidiary of Brookfield Asset Management. History Designed by architect César Pelli, with Adamson Associates, the World Financial Center complex was built by Olympia and York from 1983 to 1988 on the landfill used to build Battery Park City. During the September 11 attacks in 2001, debris severely damaged the lobby and lower floors' granite cladding and glass. It has since been fully restored and significant repairs were made to the other buildings in the complex. The Winter Garden Atrium received major structural damage to its glass and steel frame, but ceremonially reopened on Septemb ...
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September 11 Attacks
The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commercial airliners scheduled to travel from the Northeastern United States to California. The hijackers crashed the first two planes into the Twin Towers of the World Trade Center in New York City, and the third plane into the Pentagon (the headquarters of the United States military) in Arlington County, Virginia. The fourth plane was intended to hit a federal government building in Washington, D.C., but crashed in a field following a passenger revolt. The attacks killed nearly 3,000 people and instigated the war on terror. The first impact was that of American Airlines Flight 11. It was crashed into the North Tower of the World Trade Center complex in Lower Manhattan at 8:46 a.m. Seventeen minutes later, at 9:03, the World Trade Center’s S ...
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Aby Rosen
Aby or ABY may refer to: Places * Aby, Ivory Coast * Aby Lagoon, a lagoon in Ivory Coast * Abyy or Aby, Sakha Republic, Russia ** Aby Lowland * Aby, Lincolnshire, a village in England, UK * Åby, Norrköping Municipality, Sweden * Åby, Växjö Municipality, Sweden Transport * Ashburys railway station's station code * Southwest Georgia Regional Airport's IATA airport code Other uses * ''Aby'' (film), a 2017 Malayalam-language Indian film * Aby (name), a given name and surname, including a list of people with the name * Abyssinian cat, or Abys, a shorthair cat breed * Aneme Wake language's ISO 639-3 code * ABY, a system of measuring fictional dates in Star Wars relative to the Battle of Yavin See also * Aaby (other) (for Åby) * Abby (other) Abby is a given name. Abby may also refer to: * ''Abby'' (film), a 1974 blaxploitation/horror film about a woman possessed by an African demon * ''Abby'' (TV series), a 2003 television series starring Sydney Tamiia Po ...
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