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Herald Square proper is the north end of the square between West 34th and 35th streets. The old New York Herald Building was located on the square. The square contains a huge mechanical clock whose mechanical structures were constructed in 1895 by the sculptor Antonin Jean Carles . [ 1 ]
The intent was to honor "Pan-American ideals and principles" [27] and the nations of Central and South America, and to encourage those countries to build consulates along the avenue. [28] It was felt at the time that the name would provide greater grandeur to a shabby street, [ 29 ] and to promote trade with the Western Hemisphere.
It was completed in 1957 and has 38 floors totaling approximately 680,000 square feet. Architectural firm Kahn & Jacobs designed the building in collaboration with Sidney Goldstone for the Union Dime Savings Bank. In 2007 the building underwent a $107 million renovation and in 2020 the entrance and lobby was refurbished. [1] [2] [3]
Herald Square has always been among New York City’s biggest attractions — and one of its biggest missed opportunities. It’s hectic, messy, has plenty of buses going in all directions, and ...
U.S. Bancorp signed a lease for 68,000 square feet (6,300 m 2) in September 2016 [11] and Apollo Global Management followed in July 2017 with a 70,000 square feet (6,500 m 2) lease. [12] Lloyds Bank leased approximately 35,000 square feet (3,300 m 2 ) in January 2019, bringing the building to 96% occupancy.
Real estate experts say the upgrading of Herald Square and construction of a 40-floor tower atop the Macy's flagship isn't expected to be complete for at least five years.
Bank of America itself was looking for several hundred thousand square feet near its new offices. [154] [155] In early 2006, Bank of America leased another 522,000 square feet (48,500 m 2) of space, bringing its total occupancy in the building to 1.6 million square feet (150,000 m 2).
Owner Derik Reiser’s Herald Square plans from 2022 continue to become a reality with the addition of a sports lounge, event venue and boutique. Expansion nears completion at a Collinsville ...