Exchange Court Building
52 Broadway | also 31 New Street, 56 Broadway, 39 New Street | Financial District | built 1897
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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.
- 1898
Clinton & Russell complete the Exchange Court Building
Clinton and Russell designed the 12-story Exchange Court Building, completed in 1898 at the corner of Broadway and Exchange Place. In September 1903 the Consolidated National Bank took a five-year lease on about 2,500 square feet of the ground floor, and the naval architecture firm Gielow & Orr kept its headquarters here in the early 20th century.
Source: Wikipedia
- 1920
Bill Tweedy starts a value-investing firm that works out of this building
Forest Berwind "Bill" Tweedy started Tweedy, Browne in 1920, buying shares of small, often family-owned companies at steep discounts to estimated book value. He became friends with Benjamin Graham, the father of value investing, and the two worked out of the same office building at 52 Broadway. Warren Buffett later used the firm as his preferred broker and bought his first Berkshire Hathaway shares through it.
Source: Wikipedia
- 1980
Emery Roth & Sons gut the building and strip its facade
Between 1980 and 1982, Emery Roth & Sons gutted the 1898 building and stripped away its entire original facade. It now stands 221.5 feet tall with 20 floors, up from the original 12 stories.
Source: Wikipedia
Further reading
- 52 BroadwayWikipedia
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