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Dime Bancorp
The Dime Savings Bank of New York, originally the Dime Savings Bank of Brooklyn, was a bank headquartered in Brooklyn, New York City. It operated from 1859 to 2002. The bank was formerly headquartered at 9 DeKalb Avenue, built in 1906-08 in Downtown Brooklyn. Dime was acquired by Washington Mutual in 2002, which subsequently failed in 2008 and was acquired by JPMorgan Chase, which currently owns all former Dime assets. History In July 1994, Dime Bancorp announced the pending acquisition of the Hewlett, New York-based Anchor Bancorp with its Anchor Savings Bank, FSB subsidiary for $1.2 billion in stock. The acquisition was completed in January 1995. The merger resulted in a newly combined company with 76 branches in New York, 18 in New Jersey and 5 in Florida. In September 1999, Hudson United Bancorp and Dime Bancorp announced a merger of equals that was worth $2 billion in stock. But before the merger could be implemented, North Fork Bancorporation initiated a hostile takeov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
9 DeKalb Avenue
The Brooklyn Tower (originally referred to as 340 Flatbush Avenue Extension and subsequently 9 DeKalb Avenue) is a supertall mixed-use, primarily residential skyscraper in the Downtown Brooklyn neighborhood of New York City. Developed by JDS Development Group, it is situated on the north side of DeKalb Avenue near Flatbush Avenue. The main portion of the skyscraper is a 93-story, tower designed by SHoP Architects. The tower is the first supertall building in Brooklyn, as well as the tallest building in Brooklyn and the tallest in New York City outside Manhattan. Preserved at the skyscraper's base is the Dime Savings Bank Building, which dates to the 1900s. The Dime Savings Bank Building contains a white-marble facade with colonnades; a diagonal entrance portico on Albee Square; and a domed roof. The bank's interior contains a hexagonal rotunda, which is used as retail space. The building will contain of amenity spaces. The tower will accommodate approximately 150 condominium ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1859 Establishments In New York (state)
Events January–March * January 21 – José Mariano Salas (1797–1867) becomes Conservative interim President of Mexico. * January 24 ( O. S.) – Wallachia and Moldavia are united under Alexandru Ioan Cuza (Romania since 1866, final unification takes place on December 1, 1918; Transylvania and other regions are still missing at that time). * January 28 – The city of Olympia is incorporated in the Washington Territory of the United States of America. * February 2 – Miguel Miramón (1832–1867) becomes Conservative interim President of Mexico. * February 4 – German scholar Constantin von Tischendorf rediscovers the ''Codex Sinaiticus'', a 4th-century uncial manuscript of the Greek Bible, in Saint Catherine's Monastery on the foot of Mount Sinai, in the Khedivate of Egypt. * February 14 – Oregon is admitted as the 33rd U.S. state. * February 12 – The Mekteb-i Mülkiye School is founded in the Ottoman Empire. * February 17 – French naval forces under Cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 2002
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1859
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Brooklyn
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In New York City
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Tallest Buildings In Brooklyn
Brooklyn, the most populous of New York City's five boroughs, contains over 60 high-rises that stand taller than . The Brooklyn Tower, a condominium and rental tower in the Downtown neighborhood of the borough, is Brooklyn's tallest building at following its topping out in October 2021. The Williamsburgh Savings Bank Tower in Fort Greene, at , was the tallest building in Brooklyn for 80 years from its completion in 1929 until 2009, when The Brooklyner was topped out at . History The construction of high-rise buildings in Brooklyn began during the late 19th century, following the completion of the Brooklyn Bridge in 1883 and the building of elevated railroads and streetcar lines during the late 1880s. Increased accessibility to Downtown Brooklyn brought greater economic growth and propagated denser commercial development, which increased the heights of downtown buildings throughout the 1890s. This led to the 1891 construction of Brooklyn's first skyscraper, the 10-story Frank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City Designated Landmark
The New York City Landmarks Preservation Commission (LPC) is the New York City agency charged with administering the city's Landmarks Preservation Law. The LPC is responsible for protecting New York City's architecturally, historically, and culturally significant buildings and sites by granting them landmark or historic district status, and regulating them after designation. It is the largest municipal preservation agency in the nation. , the LPC has designated more than 37,000 landmark properties in all five boroughs. Most of these are concentrated in historic districts, although there are over a thousand individual landmarks, as well as numerous interior and scenic landmarks. Mayor Robert F. Wagner Jr. first organized a preservation committee in 1961, and the following year, created the LPC. The LPC's power was greatly strengthened after the Landmarks Law was passed in April 1965, one and a half years after the destruction of Pennsylvania Station. The LPC has been involved ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mowbray And Uffinger
Mowbray & Uffinger comprised an architectural partnership in New York City formed in 1895. Known for bank buildings and as vault engineers they designed over 400 banks in the pre-World War II era throughout the country. The principals were Louis Montayne Mowbray (1867-1921) and Justin Maximo Uffinger Sr. (1871-1948). Louis Montayne Mowbray was born 1867 in New York. A September 27, 1883, article in ''The New York Times'' stated that he had been admitted to the US Naval Academy. Mowbray married Anna Scott. He died in New York in June 1921. Justin Maximo Uffinger Sr. was born May 7, 1871, in New York City to German immigrants. He was born Justus Maximo Ueffinger but changed his name about the time of his marriage in 1905 to Marion I. Hoag. He began studies at the City College of New York at age 13 and completed his studies in engineering and architecture at Cooper Union in 1891. He articled for renowned architect Richard Morris Hunt while at Cooper Union and until 1895 when he for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
