Continental Center
180 Maiden Lane | also 150 Maiden Lane, 151 Front Street, 71 South Street | Financial District | built 1982
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The city photographed every building for its tax records around 1940 and again in the 1980s. NYC Municipal Archives.
Written with AI from the source each entry cites, then fact-checked.
- 1982
The tower's atrium is built as a required public space for the Manhattan Landing district
The Continental Center's enclosed public atrium, finished in 1982, was a required improvement under the 1973 Special Manhattan Landing Development District, which the city repealed in 1998. Swanke Hayden Connell and Kohn Pedersen Fox designed the space, and Perkins Eastman made design changes in 2015.
Source: apops.mas.org
- 1983
Rockefeller Group builds the octagonal Continental Center
Developer Rockefeller Group completes the 41-story, 554-foot tower in 1983 to designs by Swanke Hayden Connell Architects. It is built for CNA, formerly Continental Insurance, which moves from 80 Maiden Lane. Its octagonal plan and glass facade contrast with neighbors like 120 Wall Street, and the mezzanine holds the Ricker Auditorium, described as Manhattan's only perfectly square performing-arts venue south of Pine Street.
Source: Wikipedia
- 2004
The Moinian Group pays $355 million for the Continental Center
The tower at 180 Maiden Lane was built for the Continental Insurance Company, known as CNA, which moved from 80 Maiden Lane. Its tenants later included the law firm Cadwalader, Wickersham & Taft and Goldman Sachs. In 2004 the Moinian Group bought it for $355 million.
Source: Wikipedia
- 2011
SL Green buys half of the Continental Center for $280 million
After the Moinian Group had trouble repaying a loan on the tower, lender SL Green bought a 50 percent stake in the building in 2011 for $280 million. Moinian had paid $355 million for the Continental Center in 2004.
“After Moinian had trouble paying off a loan, one of its lenders, SL Green, bought a 50% stake for $280 million in 2011.”
Source: Wikipedia
- 2015
Clarion Partners and MHP buy the Continental Center from Moinian for $470 million
After Moinian had trouble repaying a loan, SL Green bought half of the building in 2011 for $280 million. In 2015 Clarion Partners and MHP bought the tower from Moinian Group for $470 million. In 2020 they refinanced it with a $372 million loan.
“In 2015, Clarion Partners and MHP bought the building for $470 million from Moinian Group.”
Source: Wikipedia
- 2024
The tower sells for $297 million in a short sale
After a $372 million refinancing loan from 2020 comes due, owners Clarion Partners and MHP cannot repay it in full. The loan's lender agrees to a short sale at a discount. An entity associated with 161 Water Street buys Continental Center in July 2024 for $297 million, far below the $470 million Clarion and MHP paid in 2015.
Source: Wikipedia
- 2025
Picchio International refinances 180 Maiden Lane with a $193.1 million loan
Picchio International, which bought the tower in 2024 with a $193.1 million loan from ING Group, refinanced with a loan of the same size from Wilmington Trust in 2025. The building has 41 stories and roughly 1.2 million square feet. Its tenants include the New York City Department of Investigation, National Debt Relief and the New York Liquidation Bureau.
Source: commercialsearch.com
Further reading
- Continental Center (New York City)Wikipedia
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