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Henry DeFord III of Citicorp claimed the Citicorp Center could withstand a 100-year wind [33] and that there were no "noticeable problems in the building at all". [34] As precautions, emergency generators were installed for the mass damper, strain gauges were placed on critical beams and weather forecasters were engaged. [21]
The building was designed by architect Hugh Stubbins, associate architect Emery Roth & Sons, and structural engineer William LeMessurier. The Citigroup Center takes up much of a city block bounded clockwise from the west by Lexington Avenue, 54th Street, Third Avenue, and 53rd Street. Land acquisition took place from 1968 to 1973; St. Peter's ...
Born in Pontiac, Michigan, Bill was the youngest of four children of Bertha (Sherman) and William James LeMessurier Sr., owners of a dry cleaning business.After finishing high school, he left Michigan to major in Mathematics at Harvard College.
The structure was developed by the Rockefeller Group and designed by Albert C. Martin & Associates.It opened in 1981 as the Wells Fargo Building. [6] In 2003, Beacon Capital Partners purchased the property, then known as Citicorp Center, for US$170 million from Meiji Seimei Realty (USA) and Grosvenor USA Ltd. [7] The building was owned by Broadway Partners Fund Manager, LLC from December 2006 ...
Citigroup was for decades a top underwriter of state and local government debt, making the bank a major financier of roads, bridges, and airports across the US.Now it wants out of that business ...
777 Tower (originally known as Citicorp Center and also known as Pelli Tower) is a 221 m (725 ft), 52-story high-rise office building designed by César Pelli located at 777 South Figueroa Street in the Financial District of Downtown Los Angeles, California.
In exchange, Citicorp funded a $8.5 million improvement to the nearby Court Square–23rd Street station and created a 16,000 square feet (1,500 m 2) plaza for public use. It also built a 750-car parking garage nearby. [14] Citicorp initially intended to lease part of the building, but eventually decided to occupy the entire space itself.
Citigroup saw nearly three billion dollars in profit after posting a net loss of almost two billion dollars a year ago. JP Morgan, in particular, is worth highlighting because they made $58.5 ...