130 Cedar Street, formerly known as the Green Exchange Building, is a mid-rise building in the
Financial District
A financial district is usually a central area in a city where financial services firms such as banks, insurance companies and other related finance corporations have their head offices. In major cities, financial districts are often home to s ...
of
Lower Manhattan
Lower Manhattan (also known as Downtown Manhattan or Downtown New York) is the southernmost part of Manhattan, the central borough for business, culture, and government in New York City, which is the most populated city in the United States with ...
,
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. It is located between Cedar Street and
Albany Street
Albany Street is a road in London running from Marylebone Road to Gloucester Gate following the east side of Regent's Park. It is about three-quarters of a mile in length.
History
The street was laid out during the 1820s, and takes its name ...
running along
Washington Street, sharing a block with
90 West Street
90 West Street (previously known as the West Street Building and the Brady Building) is a 23-story residential building in the Financial District of Lower Manhattan in New York City. Located on West Street just south of the World Trade Cen ...
. It was built in 1931 and was designed by
Renwick, Aspinwall & Guard.
History
A supermarket opened at 130 Cedar Street in 1999.
When the South Tower of the
World Trade Center
World Trade Centers are sites recognized by the World Trade Centers Association.
World Trade Center may refer to:
Buildings
* List of World Trade Centers
* World Trade Center (2001–present), a building complex that includes five skyscrapers, a ...
collapsed on
September 11, 2001
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 commerc ...
, 130 Cedar Street was completely ravaged. Hundreds of tons of fiery debris rained down onto the building. The top of the building's northeast corner completely collapsed under the debris. A column section from the tower penetrated the 10th floor roof slab. The projectile impacts also lit fires, which occurred primarily above the 9th floor. Fire damage was evident on the 11th and 12th floors in the northwest corner. The Amish Market on the ground floor was completely destroyed and burned, later relocating further uptown.
The World Trade Farmers Market was closed completely.
Several concrete columns were cracked, possibly from the impact. Several bays at the northeast corner were severely damaged by debris.
After the attacks, the building was uninhabitable and lost all of its tenants. Several human remains were found in 2002.
Like many buildings in the area, 130 Cedar Street had to be thoroughly decontaminated after the damage it sustained during the September 11 attacks.
In 2004, it was announced that the office building would be transformed into a hotel.
After many years of revitalization, the building was finally reopened as a
Club Quarters
Club Quarters Hotels are full-service hotels designed for business travelers with locations in the U.S. and U.K. Club Quarters was founded by American business executive Ralph Bahna, who opened the first Club Quarters Hotel on West 45th Street ...
hotel. During the restoration process, seven new floors built in a more modern style were added, making the building 19 stories tall.
"Hotel Inventory Q4 2014"
Alliance for Downtown New York
References
Financial District, Manhattan
Skyscraper hotels in Manhattan
Art Deco architecture in Manhattan
Residential buildings completed in 1931
1931 establishments in New York City
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