The Woolworth Building at 233 Broadway is a 57-story skyscraper in New York City. Although completed over ninety years ago in 1913, it is one of the oldest and most famous skyscrapers in New York City, and remains one of the twenty tallest buildings in the city.
The Woolworth Building was constructed in neo-Gothic style by architect Cass Gilbert, who was commissioned by Frank Woolworth in 1910 to design his company’s new corporate headquarters. It was to be located on Broadway, between Park Place and Barclay Street in Lower Manhattan, opposite City Hall. The Woolworth Building opened on April 24, 1913. Although originally planned to be 625 feet (190.5 meters) high, the building ended up at to 792 feet (241 meters). It cost US$13,500,000 and Woolworth paid for it in cash.
With a height of 792 feet, the Woolworth Building was the tallest building in the world from 1913 to 1930. It is still one of the top 100 tallest buildings in the United States more than a century after it was built.
When the Woolworth Building first opened its doors on April 24, 1913, it hosted the “highest dinner ever held in New York.” Woolworth hosted a glittering dinner on the 27th floor for 900 VIP guests, including businessmen Patrick Francis Murphy and Charles M. Schwab, Rhode Island Governor Aram J. Pothier, US Senator from Arkansas Joseph Taylor Robinson, Ecuadorian minister Gonzalo Córdova, New York Supreme Court Justices Charles L. Guy and Edward Everett McCall, banker James Speyer, and writer Robert Sterling Yarbrough.
During the opening ceremony, the Reverend S. Parkes Cadman called it the Cathedral of Commerce. It was the tallest building in the world when it was completed, and held the title until 1930, when 40 Wall Street, the Chrysler Building, and Empire State Building took over the title in rapid succession.
The Woolworth company owned the Woolworth Building for 85 years until 1998, when the Venator Group (successor to the F.W. Woolworth Company) sold it to the Witkoff Group for $155 million. In the aftermath of the September 11, 2001 attacks a few blocks away, the Woolworth Building was without electricity and telephone service for a few weeks but suffered no significant damage.
At precisely 7:30 p.m. EST, then-President Woodrow Wilson turned on the building’s lights by pressing a button in Washington, D.C.
Woolworth commissioned a private basement swimming pool below ground. The abandoned pool was one of the property’s most intriguing secrets in the years that followed Woolworth’s reign, only visible during private tours. The pool has recently been restored to its former glory–and its original luxurious intent.
The Woolworth Building was designated a National Historic Landmark in 1966.
The upper 30 floors were sold to a real estate developer in 2012, and the building’s new life as a luxury residence began, though the lower floors are still occupied by office and commercial tenants. During the Woolworth Building’s first foray into luxury living in the twenty-first century, the most expensive penthouse in the city topped the structure. In 2014, the breathtaking sky-palace within its iconic copper pinnacle was listed for $110 million.
The most recent refurbishment of the building has proven to be the most impressive of all, including numerous restorations and changes to the building’s interior. A new private lobby was also built for residents, and F.W. Woolworth’s personal 40th-floor office’s coffered ceiling was moved to the entryway.
The new residential interiors of the building were designed by Thierry Despont and Eve Robinson, and feature custom cabinetry, precision appliances, and fabulous fixtures and fittings. Each unit also has its own private space in a wine cellar, as well as access to the restored private basement pool. The 30th floor houses a cutting-edge fitness center, while the 29th floor houses the Gilbert Lounge, named after the building’s architect.
Take the N or R train to City Hall Subway Station, or the E train to the World Trade Center Subway Station, or the 2 or 3 train to the Park Place Subway Station and walk from there.