8 Spruce Street
also 12 Spruce Street | Financial District | built 2007
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Written with AI from the source each entry cites, then fact-checked.
- 2010
Gehry's Spruce Street tower stands a foot above the Trump Building, and Trump and Gehry trade words
8 Spruce Street, first called Beekman Tower, was Frank Gehry's first skyscraper. It was built one foot taller than the nearby Trump Building. That difference led Donald Trump and Gehry to exchange words in 2010.
Source: Wikipedia
- 2011
Critics set Gehry's Spruce Street tower beside Saarinen's CBS Building and the Woolworth Building
Early reviews of the new tower were warm. Nicolai Ouroussoff of The New York Times judged it the best skyscraper to go up in New York in the 46 years since Eero Saarinen's CBS Building. In The New Yorker, Paul Goldberger wrote that it was the first building downtown since the Woolworth Building of 1913 to merit standing next to it. The tower also won the Emporis Skyscraper Award for 2011.
“Goldberger ... wrote "It is the first thing built downtown since then that actually deserves to stand beside it.”
Source: Wikipedia
- 2011
Frank Gehry's rippling tower opens as the tallest residential building in the Western Hemisphere
Forest City completes the 870-foot, 76-story tower in 2010 to a design by Frank Gehry. Its undulating facade uses about 10,500 custom stainless steel panels made in Japan. The building opens in February 2011 as the tallest residential tower in the Western Hemisphere, with 899 rental apartments.
Source: Wikipedia
- 2011
The Spruce Street School is completed on the tower's lowest floors
Public school P.S. 397, the Spruce Street School, occupies the first four floors of the tower and is completed in September 2011, after which the city takes over its ownership and operation. Forest City hired Swanke Hayden Connell Architects to design the 100,000-square-foot space. The school serves about 440 students from pre-K to eighth grade and has a 5,000-square-foot terrace on the fourth floor.
Source: Wikipedia
- 2021
Brookfield and Nuveen list 8 Spruce Street for $850 million after pandemic vacancies
The pandemic hit the tower hard: in 2020 about one apartment in five stood empty. In November 2021 its owners, Brookfield Property Partners and Nuveen, put the building up for sale with an asking price of $850 million. The same December, Blackstone created a company, 8 Spruce (NY) Owner LLC, to take over ownership.
Source: Wikipedia
- 2022
Blackstone buys the tower for $930 million
Blackstone Inc. buys 8 Spruce Street for $930 million in June 2022, from owners Brookfield Property Partners and Nuveen. The sellers had put the 76-story Gehry tower on the market in November 2021 with an asking price of $850 million. It holds 899 rental apartments.
Source: Wikipedia
Further reading
- 8 SpruceWikipedia
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