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425 Market Street
425 Market Street is an office skyscraper located on the corner of Market Street (San Francisco), Market and Fremont Streets in the Financial District (San Francisco), financial district of San Francisco, California. The , 38 Storey, floor office tower was completed in 1973. It was built by the Metropolitan Life Insurance Company as their "Pacific Coast Headquarters" and was called "1 Metropolitan Plaza". It was built as a modern replacement for their older headquarters on Nob Hill at 600 Stockton Street (San Francisco), Stockton Street (now remodeled as the Ritz-Carlton Hotel). It was among the first buildings in San Francisco to have a high-speed transport system (a glorified dumb waiter) for computer data cards, files and inner-office mail, at the time a state-of-the-art system. Its largest tenant today is law firm Morrison & Foerster LLP. The building is partially owned by the Government Pension Fund of Norway, who according to their 2015 report owns 47.5%. See also * List o ...
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Market Street (San Francisco)
Market Street is a major thoroughfare in San Francisco, California. It begins at The Embarcadero in front of the Ferry Building at the northeastern edge of the city and runs southwest through downtown, passing the Civic Center and the Castro District, to the intersection with Portola Drive in the Twin Peaks neighborhood. Beyond this point, the roadway continues into the southwestern quadrant of San Francisco. Portola Drive extends south to the intersection of St. Francis Boulevard and Sloat Boulevard, where it continues as Junipero Serra Boulevard. Market Street is the boundary of two street grids. Streets on its southeast side are parallel or perpendicular to Market Street, while those on the northwest are nine degrees off from the cardinal directions. Market Street is a major transit artery for the city of San Francisco, and has carried in turn horse-drawn streetcars, cable cars, electric streetcars, electric trolleybuses, and diesel buses. Today Muni's buses, trolleybuse ...
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Stockton Street (San Francisco)
Stockton Street is a north-south street in San Francisco. It begins at Market Street passing Union Square, a major shopping district in the city. It then runs underground for about two and a half blocks in the Stockton Street Tunnel (lending its name to a separate, parallel street above the tunnel), passes through Chinatown and North Beach (Little Italy), and ends at Beach Street near the Pier 39 shopping center and tourist attraction. Chinatown In Chinatown (particularly in the three blocks between Washington Street and Broadway), Stockton is the neighborhood's main shopping and business street, a place where locals go to buy the freshest and cheapest produce and meats. The stores also offer live seafood (mainly on the west side of the street) and dried herbs. Some shops located on Stockton Street include the Hop Hing Ginseng Company, the Kowloon Market, the Luen Sing Fish Market, Louie's Produce, and Fruit City. In the annual Stockton Street market, vendors have been permitted ...
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Financial District, San Francisco
The Financial District is a neighborhood in San Francisco, California, United States, that serves as its main central business district and had 372,829 jobs according to U.S. census tracts as of 2012-2016. It is home to the city's largest concentration of corporate headquarters, law firms, insurance companies, real estate firms, savings and loan banks, and other financial institutions. Multiple Fortune 500 companies headquartered in San Francisco have their offices in the Financial District, including Wells Fargo, Salesforce, PG&E, Uber, Gap, and Williams-Sonoma. Since the 1980s, restrictions on high-rise construction have shifted new development to the adjacent South of Market area surrounding the Transbay Transit Center. This area is sometimes called the South Financial District by real estate developers, or simply included as part of the Financial District itself. However, the COVID-19 pandemic in the United States has accelerated the exodus of business from the downtown core ...
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Office Buildings Completed In 1973
An office is a space where an organization's employees perform administrative work in order to support and realize objects and goals of the organization. The word "office" may also denote a position within an organization with specific duties attached to it (see officer, office-holder, official); the latter is in fact an earlier usage, office as place originally referring to the location of one's duty. When used as an adjective, the term "office" may refer to business-related tasks. In law, a company or organization has offices in any place where it has an official presence, even if that presence consists of (for example) a storage silo rather than an establishment with desk-and- chair. An office is also an architectural and design phenomenon: ranging from a small office such as a bench in the corner of a small business of extremely small size (see small office/home office), through entire floors of buildings, up to and including massive buildings dedicated entirely to ...
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Skyscraper Office Buildings In San Francisco
A skyscraper is a tall continuously habitable building having multiple floors. Modern sources currently define skyscrapers as being at least or in height, though there is no universally accepted definition. Skyscrapers are very tall high-rise buildings. Historically, the term first referred to buildings with between 10 and 20 stories when these types of buildings began to be constructed in the 1880s. Skyscrapers may host offices, hotels, residential spaces, and retail spaces. One common feature of skyscrapers is having a steel frame that supports curtain walls. These curtain walls either bear on the framework below or are suspended from the framework above, rather than resting on load-bearing walls of conventional construction. Some early skyscrapers have a steel frame that enables the construction of load-bearing walls taller than of those made of reinforced concrete. Modern skyscrapers' walls are not load-bearing, and most skyscrapers are characterised by large surface ...
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List Of Tallest Buildings In San Francisco
San Francisco, California, in the United States, has at least 482 high-rises, 58 of which are at least tall. The tallest building is Salesforce Tower, which rises and is the 17th-tallest building in the United States. The city's second-tallest building is the Transamerica Pyramid, which rises , and was previously the city's tallest for 45 years, from 1972 to 2017. The city's third-tallest building is 181 Fremont, rising to 802 ft (244 m). San Francisco has 27 skyscrapers that rise at least 492 feet (150 m). Six more skyscrapers of over 150 m are under construction, have been approved for construction, or have been proposed. Its skyline is currently ranked second in the Western United States (after Los Angeles) and sixth in the United States, after New York City, Chicago, Miami, Houston, and Los Angeles.Based on existing and under construction buildings over 150 meters tall. New York has 333 existing and under construction buildings at least ; Chicago has 140; Miami has ...
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Government Pension Fund Of Norway
The Government Pension Fund of Norway ( no, Statens pensjonsfond) comprises two entirely separate sovereign wealth funds owned by the government of Norway. The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector. It has over US$1.19 trillion in assets, and holds 1.4% of all of the world’s listed companies, making it among the world’s largest sovereign wealth funds. In December 2021, it was worth about $250,000 per Norwegian citizen. It also holds portfolios of real estate and fixed-income investments. Many companies are excluded by the fund on ethical grounds. The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Scandinavian investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange. ...
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Morrison & Foerster LLP
Morrison & Foerster LLP (also known as MoFo) is an American multinational law firm headquartered in San Francisco, California, with 17 offices located throughout the United States, Asia, and Europe. The firm has over 1,000 lawyers who advise clients across a range of industries and practices, including intellectual property, patent litigation, corporate/ M&A, business restructuring, and securities. History In 1883, Alexander Francis Morrison (1856–1921), an alumnus of the University of California, Berkeley and Hastings College of the Law, founded the firm in San Francisco under the name O’Brien & Morrison.O’Hara, Eileen, et al. (2006). Morrison & Foerster LLP: The Evolution of a Law Firm. RR Donnelly. pp. 5 His aim was to practice "principally in the line of corporation business."McAfee, David (July 21, 2014)California Powerhouse: Morrison & Foerster Law360. Retrieved November 18, 2015. In 1891, Morrison formed a partnership with Constantine E.A. Foerster (1860–1898) ...
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Law Firm
A law firm is a business entity formed by one or more lawyers to engage in the practice of law. The primary service rendered by a law firm is to advise clients (individuals or corporations) about their legal rights and responsibilities, and to represent clients in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are sought. Arrangements Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: * Sole proprietorship, in which the attorney ''is'' the law firm and is responsible for all profit, loss and liability; * General partnership, in which all the attorneys who are members of the firm share ownership, profits and liabilities; * Professional corporations, which issue stock to the attorneys in a fashion similar to that of a business corporation; * Limited liability company, in which the attorney-owners are called "members" but are not direct ...
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Dumb Waiter
A dumbwaiter is a small freight elevator or lift intended to carry food. Dumbwaiters found within modern structures, including both commercial, public and private buildings, are often connected between multiple floors. When installed in restaurants, schools, hospitals, retirement homes or in private homes, the lifts generally terminate in a kitchen. Limited Preview, ''Google Books'', accessed August 26, 2008. The term seems to have been popularized in the United States in the 1840s, after the model of earlier "dumbwaiters" now known as serving trays and lazy Susans. Quinion, Michael. ''World Wide Words'':Lazy Susan. 24 Apr 2010. Accessed 11 Aug 2013. The mechanical dumbwaiter was invented by George W. Cannon, a New York City inventor. He first filed for the patent of a brake system (US Patent no. 260776) that could be used for a dumbwaiter on January 6, 1883. Limited Preview, ''Google Books', accessed October 30, 2012. He later filed for the patent on the mechanical dumbwaiter ...
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Metropolitan Life
MetLife, Inc. is the Holding company, 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, Annuity (US financial products), annuities, and employee benefit programs, with 90 million customers in over 60 countries. The firm was founded on March 24, 1868. MetLife ranked No. 43 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. On January 6, 1915, MetLife completed the mutualization process, changing from a stock life insurance company owned by individuals to a Mutual organization, mutual company operating without external shareholders and for the benefit of policyholders. After 85 years as a mutual company, MetLife Demutualization, demutualized into a Public company, publicly traded company with an initial public offering in 2000. Through its subsidiaries and affiliates, MetLife holds leading market positions in the Unit ...
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San Francisco
San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of California cities by population, fourth most populous in California and List of United States cities by population, 17th most populous in the United States, with 815,201 residents as of 2021. It covers a land area of , at the end of the San Francisco Peninsula, making it the second most densely populated large U.S. city after New York City, and the County statistics of the United States, fifth most densely populated U.S. county, behind only four of the five New York City boroughs. Among the 91 U.S. cities proper with over 250,000 residents, San Francisco was ranked first by per capita income (at $160,749) and sixth by aggregate income as of 2021. Colloquial nicknames for San Francisco include ''SF'', ''San Fran'', ''The '', ''Frisco'', and '' ...
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