F. W. Woolworth, an entrepreneur who had become successful because of his "Five-and-Dimes" (5- and 10-cent stores), began planning a new headquarters for the F. W. Woolworth Company in 1910. It was the tallest building in the world when it was completed at 792'. The title lasted 21 years. The skyscraper was unusual because it was financed entirely in cash. The highlight of the opening ceremony featured United States President Woodrow Wilson throwing a switch to illuminate the building. Much of the original terra-cotta cladding has since been replaced with cast stone.
The lobby is one of the most impressive in the city. It features a shining mosaic barrel vault, stained-glass skylight, marble walls, bronze fixtures, mezzanine murals entitled Labor and Commerce, and carved gargoyle representations of Gilbert, Woolworth, and other figures key to the design, engineering and construction of this landmark.
Opened, Apr 24, 1913
Renovation, 1981
Converted, 2012
Show more
In keeping with much of downtown's transformation to residential, the building became mixed use with the top 30 floors converted into 33 luxury condominiums including a five-level penthouse dubbed the “townhome in the sky,” to be sold for $110 million, highest ever downtown.
Philip Hone,One-time New York Mayor Philip Hone lived in an elegant town house at 235 Broadway, opposite City Hall Park at the corner of Broadway and Park Place. . The site was later one of those purchased by F. W. Woolworth for construction of the Woolworth Building.
Related Sites
The Manhattan Project-The Kellex Corporation had its headquarters inside the Woolworth Building, a 1920s skyscraper in Lower Manhattan constructed by Five-and-Dime millionaire Frank Woolworth and dubbed “The Cathedral of Commerce.” The Kellex Corporation was a clandestine off-shoot of the M.W. Kellogg Company, a chemical engineering company based in Jersey City. The company was chosen to design the K-25 plant in Tennessee and to develop processes and equipment to produce enriched uranium through gaseous diffusion. The K-25 name for the Oak Ridge site took its “K” from “Kellog” and “25” from the type of uranium used in the project.