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Brookfield Place (New York City)

Coordinates:40°42′47″N74°00′56″W / 40.71306°N 74.01556°W /40.71306; -74.01556
From Wikipedia, the free encyclopedia
Development in Manhattan, New York

Brookfield Place
Brookfield Place, then the World Financial Center, in 2011, with construction on theWorld Trade Center taking place in the background
Map
Interactive map of the Brookfield Place area
Former namesWorld Financial Center (1985–2014)
General information
LocationNew York City,New York, United States
Coordinates40°42′47″N74°00′56″W / 40.71306°N 74.01556°W /40.71306; -74.01556
Opened1985; 41 years ago (1985)
Owner
Management
  • Brookfield Properties
  • (Brookfield Asset Management)
Design and construction
ArchitectCésar Pelli
Architecture firmAdamson Associates,Skidmore, Owings & Merrill
DeveloperOlympia and York
Other information
ParkingSelf-park and valet garages
Public transit access
Website
bfplny.com
Brookfield Place
Map
LocationNew York City
Address230 Vesey Street
Opening dateMarch 26, 2015
ArchitectCesar Pelli
Stores and services60+
Floor area375,000 square feet (34,800 m2)
Floors2
Public transitNew York City Subway
Websitewww.bfplny.com

Brookfield Place (previously named and still commonly referred to as theWorld Financial Center) is a shopping center and office building complex in theNew York City borough ofManhattan. It is located in theBattery Park City neighborhood, acrossWest Street from theWorld Trade Center, and overlooks theHudson River. The complex is currently owned and managed byBrookfield Properties, a subsidiary ofBrookfield Asset Management.

History

[edit]
The complex viewed from the World Trade CenterWindows on the World dining room

Designed by architectCésar Pelli,[1] withAdamson Associates, the World Financial Center complex was built byOlympia and York from 1983 to 1988[2] on theBattery Park Citylandfill.[3] This was reclaimed land on the Hudson river using excavated soil and rock from construction of the World Trade Center.

During theSeptember 11 attacks, debris severely damaged the lobby and lower floors' granite cladding and glass. It has since been fully restored and significant repairs were made to the other buildings in the complex. TheWinter Garden Atrium received major structural damage to its glass and steel frame, but ceremonially reopened on September 11, 2002.[4]

After the attacks, the World Financial Center underwent a $250 million renovation and expansion project, in conjunction with the construction of a new east–west passageway linking the complex with theWorld Trade Center site.[5] The project included a transit pavilion to be built as an extension of the existing Winter Garden Atrium, on the West Street side. Preliminary plans called for the demolition of the Grand Staircase, which was the main focal entry point to Winter Garden and the waterfront, as it connected to theVesey Streetpedestrian bridge adjacent to the originalWorld Trade Center. The Grand Staircase has also been used as an amphitheater; thus, the plans for demolition had outraged residents, who promptly appealed for its preservation in the latest redevelopment plans. The transit pavilion opened in 2013, and is located at 100 West Street.[6][7]

Leasable space on the lower floors of the office towers underwent conversions and expansion to accommodate newretail. One notable example is 2 Brookfield Place: a European-style marketplace and dining terrace opened in 2013. The space between 3 and 4 Brookfield Place, at 225 Vesey Street, which contained retail, expanded to accommodate in‑line retail andhigh-end fashion retail, according to the plans and renderings. With some restaurants and retail temporarily closed due to construction, afood truck court was in operation beginning in early 2012 on North End Avenue. Various food trucks that operate around New York City, serving a variety of foods, service the Brookfield Place/Battery Park City area five days a week during lunch hours.[8] A new 2,000-seatfood court comprising existing restaurants, such as Le District and Hudson Eats, and new restaurants, opened in stages between November 2014 and March 2015; the food area is projected to generate about $120 million of revenue annually.[9][10] Le District includes theMichelin-starred restaurantL'Appart.[11] Overall, the intent is to drive more tourism in the area with the retail and the new access to the passageway under West Street. It is also being developed as a catalyst to integrate and drive development in the adjacent largely residentialBattery Park City area.[12] An inland harbor called theNorth Cove Marina is also part of the complex and between all the buildings.[13]

Brookfield Properties bought the adjacentOne North End Avenue building, headquarters of theNew York Mercantile Exchange, in 2013, forUS$200 million, and integrated it into the complex.[14] Following expansion, the entire World Financial Center complex was renamed Brookfield Place, in conjunction with similar complexes inToronto,Calgary, andPerth owned by Brookfield. The name change took place in 2014.[15]

Ownership

[edit]

Brookfield Place is owned byToronto-basedBrookfield Asset Management,[16] except for the space occupied byAmerican Express, which is owned by the American Express Company.250 Vesey Street serves as the United States headquarters forBrookfield Asset Management.[17][18] Brookfield Place has its ownzip code, 10281. The buildings' original developer wasOlympia and York, also based in Toronto.[16]

Notable tenants

[edit]

Brookfield Place has been home to offices of various companies includingMerrill Lynch,Lehman Brothers,Oppenheimer & Co.,RBC Capital Markets,Nomura Group,American Express,Institute of Culinary Education,Bank of New York Mellon,Jane Street Capital,Time Inc.95.5 K-LOVE,96.7 Air1, andBrookfield Asset Management. In 2014, the complex was given its current name following the completion of extensive renovations.[19] Brookfield Place is also the home ofCollege Board, the nonprofit managing bothAdvanced Placement and theSAT.[20]

List of buildings and amenities

[edit]
Building/amenityPrevious namesYear
opened
HeightNo. of
stories
Gross leasable areaRoof typeNotes
200 Liberty StreetOne World Financial Center1986577 feet (176 m)401,628,000 square feet (151,200 m2)Truncated square pyramid
225 Liberty StreetTwo World Financial Center1987645 feet (197 m)442,667,222 square feet (247,793.0 m2)Round domeColloquially the South Tower
200 Vesey StreetThree World Financial Center1985739 feet (225 m)512,491,000 square feet (231,400 m2)PyramidColloquially theAmerican Express Tower
250 Vesey StreetFour World Financial Center1986500 feet (150 m)341,800,000 square feet (170,000 m2)ZigguratColloquially the North Tower
Winter Garden AtriumN/a1988120 feet (37 m)10295,000 square feet (27,400 m2)Glass atrium
One North End AvenueFive World Financial Center (retroactively)1997255 feet (78 m)16500,000 square feet (46,000 m2)FlatColloquially 300 Vesey Street and theNew York Mercantile Exchange Building; integrated into Brookfield Place in 2013
North Cove MarinaN/a1989N/aN/aN/aN/aColloquially World Trade Center Yacht Harbor and Marina, North Cove Yacht Harbor; acquired by Brookfield Properties along with the rest of the complex

The Winter Garden Atrium is a 45,000 square feet (4,200 m2) glass domed pavilion housing various plants, trees and flowers, also shopping areas, cafes (located between buildings 2 and 3), rebuilt 2002 after terrorist attacks on September 11, 2001. The pavilion also exhibits a range of contemporary artists including Reyna Noriega,[21] Julia Whitney Barnes, Tatiana Arocha, Anne Beffel,Jane Benson, Curtis Cuffie, Charles Goldman, Elke Lehmann, Pia Lindman, Brian P. McGrath, Andrea Ray, and Alex Villar.[22][23]

Gallery

[edit]
  • World Financial Center at night (2006)
    World Financial Center at night (2006)
  • 200 Vesey Street
  • Standing alongside the World Trade Center, as it appeared in August 2000
    Standing alongside theWorld Trade Center, as it appeared in August 2000
  • Picture taken just after the Twin Towers collapsed as a result of the September 11th attacks in 2001
    Picture taken just after the Twin Towerscollapsed as a result of the September 11th attacks in 2001
  • Entrance of one of the World Financial Center buildings on September 14, 2001, three days after being damaged following the 9/11 attacks
    Entrance of one of the World Financial Center buildings on September 14, 2001, three days after being damaged following the 9/11 attacks
  • The Winter Garden Atrium, as it appeared in June 2007
    The Winter Garden Atrium, as it appeared in June 2007
  • As seen from on board the United States Navy amphibious transport dock ship, the USS New York (LPD-21), in November 2009
    As seen from on board theUnited States Navyamphibious transport dock ship, theUSSNew York (LPD-21), in November 2009
  • World Financial Center in the evening (2007)
    World Financial Center in the evening (2007)

References

[edit]
  1. ^"The World Financial Center".www.batteryparkcity.org/. Archived fromthe original on September 26, 2012. RetrievedSeptember 29, 2015.
  2. ^Kandell, Jonathan (October 26, 2013)."Paul Reichmann, Who Helped Develop the World Financial Center, Dies at 83".The New York Times. RetrievedSeptember 29, 2015.
  3. ^Goldberger, Paul (November 20, 1988)."BATTERY PARK CITY: NEW YORK'S NEWEST NEIGHBORHOOD; To the Heights of Simplicity".The New York Times. RetrievedSeptember 29, 2015.
  4. ^"World Financial Center, New York City". Aviewoncities.com. September 11, 2001. Archived fromthe original on August 14, 2012. RetrievedAugust 18, 2012.
  5. ^"Lower Manhattan : News | World Financial Center Pavilion Plans Unveiled". Lowermanhattan.info. June 24, 2011. Archived fromthe original on January 4, 2012. RetrievedAugust 18, 2012.
  6. ^"Renovation Updates". Worldfinancialcenter.com. RetrievedJanuary 12, 2013.
  7. ^"World Financial Center".worldfinancialcenter.com. Archived fromthe original on January 4, 2012. RetrievedJanuary 11, 2022.
  8. ^"Food truck court schedule". Worldfinancialcenter.com. April 27, 2012. RetrievedAugust 18, 2012.
  9. ^Cuozzo, Steve (April 21, 2014)."Brookfield's $250M development rocks downtown".New York Post. RetrievedAugust 22, 2014.
  10. ^"Brookfield Place".Brookfield Place New York. Archived fromthe original on April 8, 2015. RetrievedApril 10, 2016.
  11. ^"L'Appart: A Hidden Gem Inside a NYC Food Hall".MICHELIN Guide. RetrievedJune 27, 2024.
  12. ^"WFC 2013 Vision". Worldfinancialcenter.com. RetrievedAugust 18, 2012.
  13. ^"North Cove Marina at BFPL | NYC Waterfront Activities".Brookfield Place New York | BFPL. RetrievedMay 11, 2025.
  14. ^Levitt, David M (November 26, 2013)."Brookfield Buys Manhattan's Nymex Building From CME Group".Bloomberg.
  15. ^"World Financial Center to be Renamed 'Brookfield Place' in Fall 2013". Archived fromthe original on March 2, 2013. RetrievedFebruary 26, 2013.
  16. ^abHolusha, John (December 15, 1996)."From Olympia & York Bankruptcy, a New Company".The New York Times.ISSN 0362-4331. RetrievedJune 22, 2016.
  17. ^"World Financial Center and Winter Garden New York City.com : Arts & Attractions : Editorial Review". Nyc.com. RetrievedAugust 18, 2012.
  18. ^"about". Worldfinancialcenter.com. RetrievedAugust 18, 2012.
  19. ^Sherman, Lauren (September 6, 2016)."Inside the Reinvention of Saks Fifth Avenue".Business of Fashion.
  20. ^"Contact Us | College Board".about.collegeboard.org. RetrievedSeptember 13, 2021.
  21. ^Shahgholi, Hazel (November 11, 2020)."Holiday lights and magic at Brookfield Place, World Trade Center".amNewYork. RetrievedFebruary 25, 2021.
  22. ^"World Financial Center Series returns to Lower Manhattan".WNYC. October 17, 2002. RetrievedFebruary 25, 2021.
  23. ^"Brookfield Place/200 Liberty St". Archived fromthe original on May 12, 2016. RetrievedApril 10, 2016.

External links

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