200 West Street

200 West Street is the global headquarters of the Goldman Sachs investment banking firm, located in New York City. The building is a 749-foot-tall (228 m), 44-story building located on West Street, between Vesey and Murray Streets in Lower Manhattan. It is adjacent to Brookfield Place and the Conrad Hotel, the Verizon Building to the east across West Street, and diagonally opposite the World Trade Center. It is the only office building in Battery Park City north of Brookfield Place.[3]

For the building in Jersey City called the Goldman Sachs Tower, see 30 Hudson Street.
200 West Street
(Goldman Sachs Tower)
as seen from the Hudson River (2010)
Location within Lower Manhattan
200 West Street (Manhattan)
200 West Street (New York City)
200 West Street (New York)
200 West Street (the United States)
General information
StatusComplete
TypeOffice
LocationBattery Park City, Manhattan, New York City
Coordinates40°42′53″N 74°00′52″W
Construction started2005[1]
Completed2009[1]
Opening2010[1]
Cost$2.1 billion
OwnerGoldman Sachs
Height
Roof749 ft (228 m)[2]
Technical details
Floor count44
Floor area2,099,985 sq ft (195,095.0 m2)
Lifts/elevators53
Design and construction
ArchitectHenry N. Cobb of Pei Cobb Freed & Partners, with Adamson Associates Architects[3]
DeveloperGoldman Sachs
Structural engineerHalcrow Yolles
Main contractorTishman Construction Corporation

The skyscraper was designed by Henry N. Cobb of Pei Cobb Freed & Partners, with Adamson Associates Architects, and was erected at the cost of $2.1 billion.[3] The building received a Leadership in Energy and Environmental Design (LEED) gold certification.

Features

The building features an environmentally friendly raised floor underfloor air system. Conditioned air for the occupants is provided by multiple environmental air towers located in the tenant space that deliver 62 °F (17 °C) air into a raised access floor plenum. This underfloor air system provides users with the ability to control their own space temperature as well as improving the ventilation effectiveness. When building churn occurs, workstation moves can be performed more easily with lower cost and less product waste.

Artist Julie Mehretu created a $5 million, 80 by 23 feet (24 by 7 m) mural for the entrance lobby.[4] Between the building and the Conrad New York hotel to its west is a covered pedestrian walkway, with a glass and metal canopy designed by Preston Scott Cohen.[3]

Construction

Construction on the building's foundation began in 2005 and faced various problems before completion in late 2009.[1] On December 14, 2007, a nylon sling on a crane failed, sending a 7-ton load to the ground. It crushed two trailers and severely crippled the legs of an architect inside.[5] Work at the site was halted for several days for safety violations.[6] New York City officials halted the project after another construction accident occurred on May 17, 2008. A 30-by-30-inch (76 cm × 76 cm) piece of steel fell eighteen stories onto a neighboring baseball field that was in use by children, though no one was injured. The City issued a stop-work order and cited the general contractor, Tishman Construction, for five violations.[7] Work resumed in the months thereafter.

The first of 7,500 employees arrived in October 2009. The building occupies 2,100,000 square feet (200,000 m2) and features six large trading floors.[1] Goldman Sachs headquarters were previously at 85 Broad Street, with its main trading floor at One New York Plaza.[8]

Financing

Built in the area affected by the September 11 attacks, the project was awarded with $115 million in tax breaks and cash grants, as well as $1.65 billion in Liberty Bonds to help cover the building's $2.1 billion construction costs.[9]

  • Under construction in 2007.
  • View from Murray Street
  • View from West Street
  • Left to right: 4 World Financial Center, 200 West Street, 3 WFC
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See also

References
  1. Craig, Susanne (April 16, 2010). "Goldman Sachs's New Palace Creates Princes, Serfs". The Wall Street Journal. Retrieved April 17, 2010.
  2. 200 West Street at Emporis
  3. Hill, John (December 5, 2011). A Guide to Contemporary New York City Architecture. New York: Norton. p. 28. ISBN 978-0-393-73326-6.
  4. Tomkins, Calvin (March 29, 2010). "Big Art, Big Money". The New Yorker.
  5. Hauser, Christine (December 15, 2007). "7-Ton Load Falls Near Ground Zero". The New York Times. Retrieved May 20, 2008.
  6. "Most Work to Resume at Goldman Site". The New York Times. December 16, 2007. Retrieved May 20, 2008.
  7. Belenkaya, Veronika; Melago, Carrie; Shapiro, Rich (May 18, 2008). "Sachs site rains steel on baseball field". Daily News.
  8. Carney, John (December 23, 2009). "Goldman Sachs Kills The Express Elevator To The Equity Trading Floor At One New York Plaza". Business Insider. Retrieved May 27, 2015.
  9. Goldburger, Paul (May 17, 2010). "Shadow Building, The House that Goldman Built". The New Yorker.
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