| 388 Greenwich Street | |
|---|---|
_005_-_388_Greenwich_Street.jpg) 388 Greenwich Street in 2019 | |
 Interactive map of 388 Greenwich Street | |
| General information | |
| Type | Office |
| Architectural style | Postmodern |
| Location | Manhattan,New York City |
| Coordinates | 40°43′14″N74°00′40″W / 40.720685°N 74.011036°W /40.720685; -74.011036 |
| Construction started | February 11, 1986 |
| Completed | August 10, 1988 |
| Height | |
| Roof | 151 m (495 ft) |
| Top floor | 38 |
| Technical details | |
| Floor count | 39 |
| Floor area | 2,700,000 sq ft (250,000 m2) (complex) |
| Lifts/elevators | 24, primarily double-deckers |
| Design and construction | |
| Architect | Kohn Pedersen Fox Associates PC |
| References | |
| [1] | |
388 Greenwich Street, originally called theShearson Lehman Plaza and more recently theTravelers Building, is an officeskyscraper in theTribeca neighborhood ofLower Manhattan inNew York City. The building is located atGreenwich Street, withfrontages onNorth Moore andWest Streets. 388 Greenwich Street forms a complex with the neighboring 10-story 390 Greenwich Street near theHudson River. Currently, the two buildings comprise the globalheadquarters offinancial services corporationCitigroup. 388 Greenwich stands about ten blocks north of theWorld Trade Center site and is among TriBeCa's tallest. Like many other office buildings in Manhattan, 388 Greenwich Street contains a fitness center, full-service dining facilities, a medical center, a conference center, a day care center, and an outdoor park. The building is one of the few in New York withdouble-deck elevators. In the aftermath of theSeptember 11 attacks, the building's courtyard was used as a triage center.[2][3]
In December 2007, 388 Greenwich Street and 390 Greenwich Street were sold byCitigroup in order to reduce real estate exposure on its balance sheet. The complex was acquired by a joint venture consisting ofSL Green Realty andSITQ for US$1.58 billion.[4] Citigroup, however, maintained their primary presence in the complex through a 15-yearleaseback arrangement.[5] In 2016, the bank repurchased the complex and relocated the company's headquarters from399 Park Avenue.[6]
In 2016, CitiGroup committed to staying in the building and announced a renovation. The exterior makeover, led bySkidmore, Owings & Merrill, included the addition of a glasscurtain wall to the lower floors of the tower and all of 390 Greenwich Street on the west side of the complex.Gensler provided interior renovations, including a new lobby.[7][8]
The building had a 50 by 50 ft (15 by 15 m), 4-story neon sign near the top of its northern elevation, which depicted a red umbrella. The sign was erected in May 1997; some observers found it emblematic, while others considered it to be distracting.[9][10][11] Complementing this neon sign, an iconic, steel 16-foot (4.9 m), 5,300-pound (2,400 kg) red umbrella sculpture also stood outside 388 Greenwich St at street-level.[12] Both have been removed from the building, the latter in the summer of 2007, as part of a deal betweenCitigroup andSt. Paul Travelers Companies which acquired the logo.
Media related to388 Greenwich Street at Wikimedia Commons