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165 Broadway Building, Inc. (City Investing Building NYC)

$19.00

SKU: 7651

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Product Details

 

Nicely engraved antique stock certificate from 165 Broadway Building, Inc. dating back to the 1960's. This document, which is signed by the company Vice President and Assistant Secretary, was printed by the Hamilton Bank Note Company and measures approximately 12" (w) by 8" (h). 

 

This certificate's vignette features the City Investing Building in lower Manhattan.

Images

You will receive the exact certificate pictured.

    Historical Context

    165 Broadway Building, Inc. was incorporated in New York in 1939, to manage the City Investing building in New York's financial district in lower Manhattan.

    The building stood at 56 Cortlandt Street, between Broadway and Church Street, and was constructed between 1906 and 1908. The architect was Francis Kimball, and construction was done by the Hedden Construction Company of New Jersey. With a single 33-story tower, a main body mass extended to 26 stories, and an asymmetrical F-shaped footprint because of a real estate holdout, the Gilsey Building.

    Along with the neighboring 1908 Singer Building (briefly the tallest building in the world) the 1908 Hudson Terminal (the largest office building of its time), the mammoth 1915 Equitable Building, and others, the City Investing Building stood as one of the most frequently photographed downtown skyscrapers, and a demonstration, for good or bad, of urban density. The Equitable Building threw the City Investing Building into permanent shadow up to the 24th floor, a situation which led to New York City's 1916 Zoning Resolution requiring building setbacks.

    From 1928 through 1932 it was known as the Benenson Building, then simply as its address, 165 Broadway.

    The building was razed in 1968, along with the nearby Singer Building, to make room for One Liberty Plaza. At the time of their destruction, the Singer Building was the tallest building ever demolished; and the City Investing Building was the third. As of 2011, they are the third- and eighth-tallest buildings to have been destroyed.