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Salmon Tower Building

Coordinates:40°45′15″N73°58′55″W / 40.75416°N 73.98194°W /40.75416; -73.98194
From Wikipedia, the free encyclopedia
Office skyscraper in Manhattan, New York

Salmon Tower Building
Map
Interactive map of the Salmon Tower Building area
General information
TypeCommercial
Location11West 42nd Street,Manhattan,New York
Coordinates40°45′15″N73°58′55″W / 40.75416°N 73.98194°W /40.75416; -73.98194
Completed1928
OwnerTishman Speyer,Silverstein Properties
Height
Roof370 feet (110 m)
Technical details
Floor count31
Floor area932,101 square feet (86,595.0 m2)[1]
Design and construction
ArchitectsYork & Sawyer
DeveloperWalter J. Salmon Sr.
References
[2][3][4]

TheSalmon Tower Building is a 31-story skyscraper located at 11West 42nd Street and 20 West 43rd Street inManhattan,New York City, nearBryant Park. It was designed by Albert J. Wilcox and finished in 1928. It was developed by a firm headed byWalter J. Salmon Sr. Directly to the west of the Salmon Tower Building is the formerAeolian Building, and to its east is500 Fifth Avenue, also built by Salmon Sr.

History

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Walter J. Salmon Sr. headed a firm to erected the building, known as 11 West 42nd Street, Inc.[5] It was designed by Albert J. Wilcox.[6] The Salmon Tower Building was completed by early 1928, when its interior was more than 50 percent leased.[7] TheNew York City headquarters to electHerbert Hoover asU.S. president in 1928 were located in the Salmon Tower Building.[8]

In September 1941, elevator operators in the building went on strike so only four of its eighteen elevators were operating on the morning of September 25.[9] In October 1952 a fire in the structure's subbasement caused five firemen to be overcome from smoke inhalation.[10]

Salmon Tower Building was sold by the estate of Charles Frederick Hoffman in June 1964, following an ownership of over sixty years. At the time its assessed value was $5.25 million and it was situated on a 34,309-square-foot (3,187.4 m2)land lot.[11] It is currently owned byTishman Speyer &Silverstein Properties. In 1980 Tishman Speyer & Silverstein Properties collaborated on a $25 million renovation.[12] The building was refinanced in July 2023 with a $330 million loan from a syndicate led byBank of America.[13][14]

Tenants

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Former tenants

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The offices ofThe New Yorker magazine were moved to the building from its longtime home at 25 West 43rd Street, just to the north, in 1991.[18] The magazine moved to4 Times Square in 1999.[19]

References

[edit]
  1. ^"11 W 42nd St".42floors.com. RetrievedJuly 4, 2019.
  2. ^"11 West 42nd Street".The Skyscraper Center. RetrievedJuly 4, 2019.
  3. ^"Salmon Tower".Emporis.com. Archived from the original on May 13, 2015. RetrievedJuly 4, 2019.
  4. ^"Salmon Tower".SkyscraperPage.com. RetrievedJuly 4, 2019.
  5. ^"Salmon Tower Wall Not a 'Spite Fence'"(PDF).The New York Times. April 20, 1930. p. 149.ISSN 0362-4331. RetrievedOctober 8, 2019.
  6. ^"Building That Fell Called 'Defective'"(PDF).The New York Times. March 11, 1937. p. 48.ISSN 0362-4331. RetrievedOctober 8, 2019.
  7. ^"Rental Conditions in Central Zone"(PDF).The New York Times. January 29, 1928. p. 153.ISSN 0362-4331. RetrievedOctober 8, 2019.
  8. ^"50 State Delegates Claimed for Hoover"(PDF).The New York Times. May 25, 1928. p. 3.ISSN 0362-4331. RetrievedOctober 8, 2019.
  9. ^"Building Owners Reject Mediation"(PDF).The New York Times. September 26, 1941. p. 15.ISSN 0362-4331. RetrievedOctober 8, 2019.
  10. ^"Five Firemen Overcome"(PDF).The New York Times. October 18, 1952. p. 36.ISSN 0362-4331. RetrievedOctober 8, 2019.
  11. ^"Half of the Land is Sold Under Salmon Tower"(PDF).The New York Times. June 1, 1964. p. 45.ISSN 0362-4331. RetrievedOctober 8, 2019.
  12. ^"History of Silverstein Properties, Inc. – FundingUniverse".www.fundinguniverse.com. RetrievedOctober 8, 2019.
  13. ^Andrews, Jeff (July 5, 2023)."Tishman, Silverstein land refi on Midtown office tower".The Real Deal. RetrievedSeptember 5, 2023.
  14. ^"Tishman Speyer and Silverstein Properties Complete Refinancing of 11 West 42nd Street in Bryant Park District".Real Estate Weekly. July 5, 2023. RetrievedSeptember 5, 2023.
  15. ^Hemingway, Jonathan (July 13, 2007)."Gemstar On The Move".Broadcasting & Cable. RetrievedOctober 8, 2019.
  16. ^Szalai, Georg (July 13, 2007)."Gemstar-TV Guide gets new digs".The Hollywood Reporter.
  17. ^"Visit Us".NYU School of Professional Studies. New York University. RetrievedOctober 31, 2016.
  18. ^Shetterly, Caitlin (March 17, 2018)."These Days I Miss John Updike, a Remote and Noble Male Mentor".The New York Times.ISSN 0362-4331. RetrievedFebruary 16, 2021.
  19. ^Kuczynski, Alex (August 15, 1999)."Here to There at The New Yorker".The New York Times.ISSN 0362-4331. RetrievedFebruary 16, 2021.

External links

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40°45′15″N73°58′55″W / 40.75416°N 73.98194°W /40.75416; -73.98194

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