1.
New York City
–
The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange
2.
New York (state)
–
New York is a state in the northeastern United States, and is the 27th-most extensive, fourth-most populous, and seventh-most densely populated U. S. state. New York is bordered by New Jersey and Pennsylvania to the south and Connecticut, Massachusetts, and Vermont to the east. With an estimated population of 8.55 million in 2015, New York City is the most populous city in the United States, the New York Metropolitan Area is one of the most populous urban agglomerations in the world. New York City makes up over 40% of the population of New York State, two-thirds of the states population lives in the New York City Metropolitan Area, and nearly 40% lives on Long Island. Both the state and New York City were named for the 17th-century Duke of York, the next four most populous cities in the state are Buffalo, Rochester, Yonkers, and Syracuse, while the state capital is Albany. New York has a diverse geography and these more mountainous regions are bisected by two major river valleys—the north-south Hudson River Valley and the east-west Mohawk River Valley, which forms the core of the Erie Canal. Western New York is considered part of the Great Lakes Region and straddles Lake Ontario, between the two lakes lies Niagara Falls. The central part of the state is dominated by the Finger Lakes, New York had been inhabited by tribes of Algonquian and Iroquoian-speaking Native Americans for several hundred years by the time the earliest Europeans came to New York. The first Europeans to arrive were French colonists and Jesuit missionaries who arrived southward from settlements at Montreal for trade, the British annexed the colony from the Dutch in 1664. The borders of the British colony, the Province of New York, were similar to those of the present-day state, New York is home to the Statue of Liberty, a symbol of the United States and its ideals of freedom, democracy, and opportunity. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. On April 17,1524 Verrazanno entered New York Bay, by way of the now called the Narrows into the northern bay which he named Santa Margherita. Verrazzano described it as a vast coastline with a delta in which every kind of ship could pass and he adds. This vast sheet of water swarmed with native boats and he landed on the tip of Manhattan and possibly on the furthest point of Long Island. Verrazannos stay was interrupted by a storm which pushed him north towards Marthas Vineyard, in 1540 French traders from New France built a chateau on Castle Island, within present-day Albany, due to flooding, it was abandoned the next year. In 1614, the Dutch under the command of Hendrick Corstiaensen, rebuilt the French chateau, Fort Nassau was the first Dutch settlement in North America, and was located along the Hudson River, also within present-day Albany. The small fort served as a trading post and warehouse, located on the Hudson River flood plain, the rudimentary fort was washed away by flooding in 1617, and abandoned for good after Fort Orange was built nearby in 1623. Henry Hudsons 1609 voyage marked the beginning of European involvement with the area, sailing for the Dutch East India Company and looking for a passage to Asia, he entered the Upper New York Bay on September 11 of that year
3.
JPMorgan Chase
–
JPMorgan Chase & Co. is a U. S. multinational banking and financial services holding company headquartered in New York City. It is the largest bank in the United States, the third largest bank by total assets, with total assets of roughly US$2.5 trillion. It is a provider of financial services, and according to Forbes magazine is the worlds sixth largest public company based upon a composite ranking. The hedge fund unit of JPMorgan Chase is the second largest hedge fund in the United States, the company was formed in 2000, when Chase Manhattan Corporation merged with J. P. Morgan & Co. The J. P. Morgan brand, historically known as Morgan, is used by the investment banking, asset management, private banking, private wealth management, and treasury & securities services divisions. Fiduciary activity within private banking and private wealth management is done under the aegis of JPMorgan Chase Bank, the Chase brand is used for credit card services in the United States and Canada, the banks retail banking activities in the United States, and commercial banking. The corporate headquarters is located at 270 Park Avenue in Midtown Manhattan, the retail and commercial bank is headquartered in 270 Park Avenue, Midtown Manhattan, New York City, New York, U. S. JPMorgan Chase & Co. is considered to be a universal bank. As of 2016, JPMorgan Chase is one of the Big Four banks of the United States, followed by Bank of America, Citigroup, and Wells Fargo. JPMorgan Chase, in its current structure, is the result of the combination of several large U. S. banking companies since 1996, including Chase Manhattan Bank, Bank One, Bear Stearns and Washington Mutual. The Chase Manhattan Bank was formed upon the 1955 purchase of Chase National Bank by the Bank of the Manhattan Company, the Bank of the Manhattan Company was the creation of Aaron Burr, who transformed The Manhattan Company from a water carrier into a bank. This of course injected a powerful element of politics into the process and invited what today would be called corruption, the innocuous-looking clause allowed the company to invest surplus capital in any lawful enterprise. Within six months of the creation, and long before it had laid a single section of water pipe, the company opened a bank. Still in existence, it is today J. P. Morgan Chase, weakened by the real estate collapse in the early 1990s, it was acquired by Chemical Bank in 1996, retaining the Chase name. Before its merger with J. P. Morgan & Co. the new Chase expanded the investment, in 1999, it acquired San Francisco-based Hambrecht & Quist for $1.35 billion. In April 2000, UK-based Robert Fleming & Co. was purchased by the new Chase Manhattan Bank for $7.7 billion, the New York Chemical Manufacturing Company was founded in 1823 as a maker of various chemicals. In 1824, the company amended its charter to perform banking activities, in the 1980s and early 1990s, Chemical emerged as one of the leaders in the financing of leveraged buyout transactions. In 1984, Chemical launched Chemical Venture Partners to invest in equity transactions alongside various financial sponsors. At many points throughout history, Chemical Bank was the largest bank in the United States
4.
David Childs
–
David Magie Childs is an American architect and chairman emeritus of the architectural firm Skidmore, Owings & Merrill. He is best known for being the architect of the new One World Trade Center in New York City, Childs graduated from Deerfield Academy in Deerfield, Massachusetts, in 1959 and from Yale University in New Haven, Connecticut in 1963. He first majored in zoology before he turned to architecture at the Yale School of Architecture. He joined the Washington, D. C. office of SOM in 1971, after working with Nathaniel Owings, Childs was a design partner of the firm in Washington until 1984, when he moved to SOMs New York Office. Commission of Fine Arts in 2002, serving as chairman from 2003 to 2005. S, about his design for the new Freedom Tower
5.
Skidmore, Owings & Merrill
–
Skidmore, Owings & Merrill LLP is an American architectural, urban planning, and engineering firm. It was formed in Chicago in 1936 by Louis Skidmore and Nathaniel Owings, with a portfolio spanning thousands of projects across 50 countries, SOM is one of the largest architectural firms in the world. Their primary expertise is in commercial buildings, as it was SOM that led the way to the widespread use of the modern international-style or glass box skyscraper. They have designed several of the tallest buildings in the world, including the John Hancock Center, Willis Tower, due to their faithful following of Ludwig Mies Van Der Rohes ideas, Frank Lloyd Wright nicknamed them The Three Blind Mies. Notable SOM architects include, Edward Charles Bassett, Natalie de Blois, Gordon Bunshaft, David Childs, Myron Goldsmith, Bruce Graham, Gertrude Kerbis, Fazlur Rahman Khan. Lucien Lagrange, Walter Netsch, Larry Oltmanns, Brigitte Peterhans, Adrian Smith, indeed, Khan is responsible for developing the algorithms that made the Hancock building and many subsequent skyscrapers possible. Another notable SOM engineer is Bill Baker, who is best known as the engineer of Burj Khalifa, to support the towers record heights and slim footprint, he developed the buttressed core structural system, consisting of a hexagonal core reinforced by three buttresses that form a Y shape. Davis Allen, a pioneer in corporate interior design, had a tenure at SOM. Throughout its history, SOM has been recognized more than 1,700 awards for quality. More than 900 of these awards have received since 1998. In 1996 and 1962, SOM received the Architecture Firm Award from the American Institute of Architects, SOM is the only firm to have received this honor twic13 R+D Awards from Architect Magazine. In addition, a collaboration between SOM and Rensselaer Polytechnic Institute, The Center for Architecture, Science and Ecology, was honored with a fifth award. SOM has completed over 10,000 projects around the United States and in more than 50 other countries around the world, london, Hong Kong, Shanghai, Mumbai, and Abu Dhabi. Smaller field offices supplement these in such as the Philippines. Burj Khalifa is the tallest man-made structure ever built, at 829.8 m, construction began on 21 September 2004, and the building officially opened on 4 January 2010. The towers architect and engineer was Skidmore, Owings and Merrill, george J. Efstathiou was the Managing Partner for the project. Bill Baker, the Chief Structural Engineer for the project, invented the buttressed core structural system in order to enable the tower to achieve such heights economically, Adrian Smith, who worked with Skidmore, Owings and Merrill until 2006, was the Consulting Design Partner. The primary builder is a joint venture of South Korean Samsung C&T, one World Trade Center, also known as the Freedom Tower, is located in Manhattan, New York City, and is 1,776 ft high, making it the tallest building in the Western Hemisphere
6.
WSP Global
–
WSP Global Inc. is a Canadian-based business providing management and consultancy services to the built and natural environment. It is listed on the Toronto Stock Exchange, ltd and Les Consultants Dupuis, Côté Inc. began operating in Quebec City in 1959. In 1969 in England, WSP was established by Chris Cole, in 1976, it was a founder member of the Building Services Research and Information Association. It was first listed on the London Stock Exchange in 1987, after acquiring three firms and geographical expansion in 1993, the name of the Canadian firm GBGM was changed to GENIVAR. On 7 June 2012, Genivar Inc. announced that it made a friendly takeover offer of £278 million for WSP Group plc. The offer was backed by WSPs board of directors as well as investors holding 37% of the companys shares and this merger created a professional services firm with approximately 15,000 employees, working in over 300 offices worldwide. The company reorganised its structure on 1 January 2014, to create a parent company named WSP Global Inc. On 31 October 2014, WSP Global announced that it had completed the purchase of New York-headquartered professional services firm Parsons Brinckerhoff from Balfour Beatty plc for USD$1.24 billion. The company has a network of approximately 170 offices and nearly 13,500 employees on five continents, together, WSP | Parsons Brinckerhoff is one the largest professional services firms in the world with approximately 32,000 employees in 500 offices serving 39 countries. In early 2015, WSP Global announced the engineering consultancy firms plans to expand to 45,000 employees by 2020, in October 2016, WSP purchased Mouchel Consulting from Kier for approximately £75 million. In January 2017, WSP | Parsons Brinckerhoff announced that it will assume the name WSP, the company is organised into the following main service areas, Buildings, Energy, Environment, Industry, Mining, and Transport and Infrastructure. Notable projects in progress Centre hospitalier de lUniversité de Montréal, WSP is providing management services. Berlin-Brandenburg International Airport, WSP CBP is providing management services. The City Line in Sweden, WSP is providing management services. MGM MIRAGE CityCenter in Las Vegas, Nevada Notable completed projects One World Trade Center in New York, NY. The Shard in London, UK.7 World Trade Center in New York, NY.8 Spruce Street in New York, NY.30 The Bond in Sydney, Australia. 60 Wall Street in New York, NY.277 Park Avenue in New York, NY.383 Madison Avenue in New York, NY.1585 Broadway in New York, arthur Ashe Stadium in Flushing, NY. Australia and New Zealand Banking Group Headquarters, in Melbourne, Australia, the largest single-tenanted commercial office building in the Southern Hemisphere
7.
Turner Construction
–
Turner Construction Company is an American construction company. It is one of the largest construction management companies in the United States of America and it is a subsidiary of the German company Hochtief. Henry Chandlee Turner founded Turner Construction Company in 1902, with $25,000 in start-up capital, at 11 Broadway, Turners first job was a $687 project to build a concrete vault for Thrift Bank in the borough of Brooklyn. In 1903, a Scottish industrialist named Robert Gair, involved with the manufacture of paper products, the facility, finished in 1904, measured 180,000 sq ft, making it, at the time, the largest reinforced concrete building in the United States. At the same time the company was developing plans for the Gair building, the original design showed the stairs were to be made of steel, but Turner thought concrete was a less expensive alternative. After examining public bidding records, Henry Turner undercut competing offers and was awarded the chance to build several staircases in concrete and his alternative worked, leading to contracts for more than 50 staircases and platforms for the Interborough Rapid Transit. The company established branch offices to maintain its geographic scope. The Buffalo office followed in 1908, as did the office in Boston, when the United States entered World War I, Turner was among the countrys most successful builders. From World War I to the Great Depression, the companys billings grew from under $12 million to nearly $44 million, like most industries, construction suffered during the economic collapse and Turners volume fell to $2.5 million by 1933. The company recovered and revenues increased to $12 million by 1937, the company suspended commercial construction during the war years, focusing instead on construction of military camps, factories, and government buildings. Henry Turner stepped down as president in 1941, to serve as chairman and make room for his brother, Archie Turner, Archie Turner led the company through the war, but poor health limited his tenure. In October 1946, Henry Turner retired as chairman, handing the post to his ailing brother, for his replacement, Archie Turner selected Admiral Ben Moreell, the individual responsible for forming the Seabees. One month after Moreells appointment, Archie Turner died of a heart attack, four months later, Moreell resigned, and the void was filled by Henry Turners son, Henry Chandlee Turner, Jr. Under Chan Turner, as a result of numerous construction projects. After surpassing $100 million in revenues in 1951, Turner built the United Nations Secretariat building in New York in 1952, during the 1960s, notable projects included the Lincoln Center for the Performing Arts in the early part of the decade and Madison Square Garden in 1967. The company opened a office in Cincinnati in 1954, followed by offices in Los Angeles in 1964, Cleveland and Columbus in 1966. In 1969, Turner issued over-the-counter stock, in 1972, the companys stock began trading on the American Stock Exchange. The company added offices in Detroit and Denver in 1973, Pittsburgh and Atlanta in 1976, Seattle in 1977, notable projects included the Vanderbilt University Medical Center Hospital in 1974 and the John Fitzgerald Kennedy Library in 1977, the year Turner eclipsed $1 billion in sales
8.
Madison Avenue
–
Madison Avenue is a north-south avenue in the borough of Manhattan in New York City, United States, that carries northbound one-way traffic. It runs from Madison Square to meet the southbound Harlem River Drive at 142nd Street, in doing so, it passes through Midtown, the Upper East Side, East Harlem, and Harlem. It is named after and arises from Madison Square, which is named after James Madison. Ruggles who had purchased and developed New Yorks Gramercy Park in 1831, who was in part responsible for the development of Union Square. Since the 1920s, the name has been metonymous with the American advertising industry. Therefore, the term Madison Avenue refers specifically to the agencies, Madison Avenue techniques refers, according to William Safire, to the gimmicky, slick use of the communications media to play on emotions. Between East 135th Street and East 142nd Street, Madison Avenue carries southbound traffic only, the term Madison Avenue is often used metonymically for advertising, and Madison Avenue became identified with the American advertising industry after the explosive growth in this area in the 1920s. In recent decades, many agencies have left Madison Avenue, with some moving further downtown and others moving west. The continued presence of large agencies in the city makes New York the third largest job market per capita in the U. S. in 2016 according to a study by marketing recruitment firm MarketPro. Today, only a few agencies are located in the old business cluster on Madison Avenue, including StrawberryFrog, TBWA Worldwide. However, the term is used to describe the agency business as a whole and large. Madison Square is formed by the intersection of Fifth Avenue and Broadway at 23rd Street, the square was named for James Madison, fourth President of the United States. The focus of the square is Madison Square Park, a 6, the first Garden was a former rail station that was converted into an open-air circus venue by P. T. Barnum in 1871 and was renamed Madison Square Garden in 1879. The original Garden was demolished in 1889 and replaced by a new arena designed by Stanford White that opened the following year. The second Garden had a statue of the Roman goddess Diana on the tower of the sports arena. When it moved to a new building at 50th Street and Eighth Avenue in 1925 it kept its old name, Madison Square Garden is now located at Eighth Avenue between 31st and 33rd Street, however, it still retains the name. These buses use a bus lane between 42nd and 59th Street, but the bus lane is not present in any other portion of the avenue. In July 1987, then New York City Mayor Edward Koch proposed banning bicycling on Fifth, Park and Madison Avenues during weekdays, but many bicyclists protested and had the ban overturned
9.
Vanderbilt Avenue
–
Vanderbilt Avenue is the name of three streets in New York City, all of which were named after Cornelius Vanderbilt, the builder of Grand Central Terminal. Vanderbilt Avenue in Brooklyn carries traffic north and south between Grand Army Plaza and Flushing Avenue at the Vanderbilt Avenue gate of the Brooklyn Navy Yard and this avenue serves the neighborhoods of Fort Greene and Prospect Heights. Landmarks include the old Public School 9 and Public School 9 Annex buildings at the corner of Sterling Place, the B69 bus, which replaced a streetcar line in 1950, runs on this avenue. There were also two now-demolished subway stations on the BMT Myrtle Avenue Line and BMT Fulton Street Line built here, Vanderbilt Avenue in Manhattan runs from 42nd Street to 47th Street between Park Avenue and Madison Avenue. It was built in the late 1860s as the result of construction of Grand Central Depot, the southbound Grand Central Terminal Park Avenue Viaduct runs above the streets eastern side. When it was built, it ran from 42nd Street to 49th Street. However, in the 1960s, the portion between 47th Street and 49th Street became part of 270 Park Avenue and 280 Park Avenue so it no longer exists, Vanderbilt Avenue runs northeast-southwest through East Shore. It is approximately 1 mile long and serves the neighborhoods of Clifton, Stapleton Heights, Concord, the northeast end is on Bay Street, west of Clifton of the Staten Island Railway and east of Bayley Seton Hospital. This numbering system includes the numerically highest of street addresses in New York City, other roads that fork off of this corridor are, St. Pauls Avenue, Van Duzer Street, Targee Street, Rockland Avenue, Bloomingdale Road, and Richmond Valley Road. This street is served by the S76 and S86 bus routes
10.
Bear Stearns
–
Its main business areas before its failure were capital markets, investment banking, wealth management and global clearing services, and it was heavily involved in the subprime mortgage crisis. As investor losses mounted in those markets in 2006 and 2007, in March 2008, the Federal Reserve Bank of New York provided an emergency loan to try to avert a sudden collapse of the company. In January 2010, JPMorgan ceased using the Bear Stearns name, Bear Stearns was founded as an equity trading house on May Day 1923 by Joseph Ainslee Bear, Robert B. Stearns and Harold C. Mayer Sr. with $500,000 in capital. Internal tensions quickly arose among the three founders, the firm survived the Wall Street Crash of 1929 without laying off any employees and by 1933 opened its first branch office in Chicago. In 1955, the firm opened its first international office in Amsterdam, in 1985, Bear Stearns became a publicly traded company. It served corporations, institutions, governments, and individuals, through Bear Stearns Securities Corp. it offered global clearing services to broker dealers, prime broker clients and other professional traders, including securities lending. Bear Stearns was also known for one of the most widely read market intelligence pieces on the street, Bear Stearns World Headquarters was located at 383 Madison Avenue, between East 46th Street and East 47th Street in Manhattan. By 2007, the company employed more than 15,500 people worldwide, internationally the firm had offices in London, Beijing, Dublin, Frankfurt, Hong Kong, Lugano, Milan, São Paulo, Mumbai, Shanghai, Singapore and Tokyo. In 2005–2007, Bear Stearns was recognized as the Most Admired securities firm in Fortunes Americas Most Admired Companies survey, the annual survey is a prestigious ranking of employee talent, quality of risk management and business innovation. This was the time in three years that Bear Stearns had achieved this top distinction. A year later Bear Stearns had notional contract amounts of approximately $13.40 trillion in derivative financial instruments, of which $1.85 trillion were listed futures and option contracts. In addition, Bear Stearns was carrying more than $28 billion in level 3 assets on its books at the end of fiscal 2007 versus a net equity position of only $11.1 billion. This $11.1 billion supported $395 billion in assets, which means a leverage ratio of 35.6 to 1, on June 22,2007, Bear Stearns pledged a collateralized loan of up to $3. The funds were invested in thinly traded collateralized debt obligations, merrill Lynch seized $850 million worth of the underlying collateral but only was able to auction $100 million of them. The incident sparked concern of contagion as Bear Stearns might be forced to liquidate its CDOs, richard A. Marin, a senior executive at Bear Stearns Asset Management responsible for the two hedge funds, was replaced on June 29 by Jeffrey B. Lane, a former Vice Chairman of rival investment bank, Lehman Brothers, during the week of July 16,2007, Bear Stearns disclosed that the two subprime hedge funds had lost nearly all of their value amid a rapid decline in the market for subprime mortgages. On August 1,2007, investors in the two funds took action against Bear Stearns and its top board and risk management managers and officers and this was the first legal action made against Bear Stearns. Co-President Warren Spector was asked to resign on August 5,2007, a September 21 report in the New York Times noted that Bear Stearns posted a 61 percent drop in net profits due to their hedge fund losses
11.
J.P. Morgan & Co.
–
J. P. Morgan & Co. is a commercial and investment banking institution based in the United States founded by John Pierpont Morgan and commonly known as the House of Morgan or simply Morgan. The firm is a predecessor of three of the largest banking institutions in the United States and globally, JPMorgan Chase, Morgan Stanley, and Deutsche Bank. In 2000, J. P. Morgan & Co. merged with Chase Manhattan Bank to form JPMorgan Chase & Co. one of the largest global banking institutions. Today, the J. P. Morgan brand is used to market certain JPMorgan Chase wholesale businesses, including investment banking, commercial banking and asset management. The J. P. Morgan branding was revamped in 2008 to return to its traditional appearance after several years of depicting the Chase symbol to the right of a condensed and modernized JPMorgan. Between 1959 and 1989, J. P. Morgan operated as the Morgan Guaranty Trust, the origins of the firm date back to 1854 when Junius S. Morgan joined George Peabody & Co. a London-based banking business headed by George Peabody. Junius took control of the firm, changing its name to J. S, Morgan & Co. in 1864 on Peabodys retirement. Juniuss son, J. Pierpont Morgan, first apprenticed at Duncan, Sherman and Company in the New York City, then founded his own firm with a cousin, J. Pierpont Morgan & Company, J. Pierpont Morgan & Company traded in government bonds and foreign exchange. It also acted as an agent for Peabody’s, Junius, however, considered some of Pierpont’s ventures to be highly speculative. So, Pierpont took on a senior partner and the firm was known first as Dabney, Morgan and Company, then Drexel. In these firms, Pierpont used his Peabody connection to bring British financial capital together with rapidly growing U. S. industrial firms, such as railroads, who needed financial capital. The Drexel of Drexel, Morgan & Co. was Philadelphia banker Anthony J. Drexel, on Junius’ death in 1890, Pierpont Morgan took his place at J. S. After Drexel’s death, Drexel, Morgan reorganized in 1895 and became J. P and it financed the formation of the United States Steel Corporation, which took over the business of Andrew Carnegie and others and was the worlds first billion-dollar corporation. In 1895, it supplied the United States government with $62 million in gold to float a bond issue and restore the treasury surplus of $100 million. In 1892, the company began to finance the New York, New Haven and Hartford Railroad, built in 1914,23 Wall Street was known as The Corner and The House of Morgan, and for decades the banks headquarters was the most important address in American finance. At noon, on September 16,1920, an anarchist bomb exploded in front of the bank, killing 38, shortly before the bomb went off, an unknown person placed a warning note in a mailbox at the corner of Cedar Street and Broadway. The warning read, Remember we will not tolerate any longer, free the political prisoners or it will be sure death for all of you. The Bank of England became an agent of J. P. Morgan & Co
12.
277 Park Avenue
–
277 Park Avenue is an office building in the Midtown Manhattan neighborhood of New York City. It stands on the east side of Park Avenue between 47th and 48th Streets, it is 687 feet tall, with 50 floors, the building currently houses parts of JPMorgan Chases Investment Bank, Commercial Bank, and other corporate functions. JP Morgans takeover of Bear Stearns in 2008 resulted in most investment banking employees moving to 383 Madison Avenue to reduce the real estate footprint in Midtown. 277 Park Avenue remains under the ownership of the family-owned Stahl Organization, previous tenants have included Penthouse Magazine, Schlumberger, Donaldson, Lufkin & Jenrette, and Chemical Bank. The office building opened on July 13,1964, an apartment building designed by McKim, Mead, and White previously occupied the site. One tenant of that building was the campaign of John F. Kennedy
13.
270 Park Avenue
–
It is currently the world headquarters for JPMorgan Chase. The building is 707 feet tall and contains 52 floors, the building is currently undergoing a full renovation in order to achieve a LEED Platinum certification. It was used in exterior shots as the headquarters for the World Wide Wicket Company in the movie How to Succeed in Business Without Really Trying, List of tallest buildings in New York City List of tallest buildings in the United States Thecityreview
14.
House of Cards (Cohan book)
–
House of Cards, A Tale of Hubris and Wretched Excess on Wall Street is the second book written by William D. Cohan. It was released on March 10,2009 by Doubleday, the book chronicles the history of Bear Stearns, from its founding in 1923 to its fire sale to JP Morgan in 2008, following the subprime mortgage crisis. It also gives the reader an inside glance of Bear Stearns senior management, the text also tells the story of Salim Lewis. The book was on the long list for the 2009 Financial Times, tim Rutten characterized the book as a masterfully reported account, and credited the author with a remarkable gift for plain-spoken explanation. After Words interview with Cohan on House of Cards, May 14,2009
15.
Hines Interests Limited Partnership
–
Hines Interests Limited Partnership is a privately owned real estate firm involved in real estate investment, development and property management worldwide. With offices in 110 cities in 18 countries, and controlled assets valued at approximately $25.2 billion, Hines is headquartered in the Williams Tower in uptown Houston, Texas. CityCenterDC is one of Hines’ most recent major projects in Washington, the site is being developed in three phases, with Phase I having delivered in early 2014. The final phase will include a 500,000 square foot office building, with 40,000 square feet of retail space
16.
Octagon
–
In geometry, an octagon is an eight-sided polygon or 8-gon. A regular octagon has Schläfli symbol and can also be constructed as a truncated square, t. A truncated octagon, t is a hexadecagon, t, the sum of all the internal angles of any octagon is 1080°. As with all polygons, the external angles total 360°, the midpoint octagon of a reference octagon has its eight vertices at the midpoints of the sides of the reference octagon. A regular octagon is a figure with sides of the same length. It has eight lines of symmetry and rotational symmetry of order 8. A regular octagon is represented by the Schläfli symbol, the internal angle at each vertex of a regular octagon is 135°. The area of an octagon of side length a is given by A =2 cot π8 a 2 =2 a 2 ≃4.828 a 2. In terms of the circumradius R, the area is A =4 sin π4 R2 =22 R2 ≃2.828 R2. In terms of the r, the area is A =8 tan π8 r 2 =8 r 2 ≃3.314 r 2. These last two coefficients bracket the value of pi, the area of the unit circle. The area can also be expressed as A = S2 − a 2, where S is the span of the octagon, or the second-shortest diagonal, and a is the length of one of the sides, or bases. This is easily proven if one takes an octagon, draws a square around the outside and then takes the corner triangles and places them with right angles pointed inward, the edges of this square are each the length of the base. Given the length of a side a, the span S is S = a 2 + a + a 2 = a ≈2.414 a. The area is then as above, A =2 − a 2 =2 a 2 ≈4.828 a 2, expressed in terms of the span, the area is A =2 S2 ≈0.828 S2. Another simple formula for the area is A =2 a S, more often the span S is known, and the length of the sides, a, is to be determined, as when cutting a square piece of material into a regular octagon. From the above, a ≈ S /2.414, the two end lengths e on each side, as well as being e = a /2, may be calculated as e = /2. The circumradius of the octagon in terms of the side length a is R = a
17.
New York (magazine)
–
New York is a bi-weekly magazine concerned with life, culture, politics, and style generally, and with a particular emphasis on New York City. Founded by Milton Glaser and Clay Felker in 1968 as a competitor to The New Yorker, it was brasher and less polite, and established itself as a cradle of New Journalism. Since its redesign and relaunch in 2004, the magazine has won more National Magazine Awards than any other publication and it was one of the first dual-audience lifestyle magazines, and its format and style have been emulated by some other American regional city publications. In 2009, its paid and verified circulation was 408,622 and its websites—NYmag. com, Vulture. com, The Cut, and Grub Street—receive visits from more than 14 million users per month. New York began life in 1963 as the Sunday-magazine supplement of the New York Herald Tribune newspaper, edited first by Sheldon Zalaznick and then by Clay Felker, the magazine showcased the work of several talented Tribune contributors, including Tom Wolfe, Barbara Goldsmith, and Jimmy Breslin. Soon after the Tribune went out of business in 1966–67, Felker and his partner, Milton Glaser, gerald Goldsmith, and reincarnated the magazine as a stand-alone glossy. Joining them was managing editor Jack Nessel, Felkers number-two at the Herald Tribune, New Yorks first issue was dated April 8,1968. Among the by-lines were many names from the magazines earlier incarnation, including Breslin, Wolfe, and George Goodman. Within a year, Felker had assembled a team of contributors who would come to define the magazines voice, Breslin became a regular, as did Gloria Steinem, who wrote the city-politics column, and Gail Sheehy. Harold Clurman was hired as the theater critic, Alan Rich covered the classical-music scene. Gael Greene, writing under the rubric The Insatiable Critic, reviewed restaurants, Woody Allen contributed a few stories for the magazine in its early years. The magazines regional focus and innovative illustrations inspired numerous imitators across the country, the office for the magazine was on the top floor of the old Tammany Hall clubhouse at 207 East 32nd Street, which Glaser owned. Wolfe, a contributor to the magazine, wrote a story in 1970 that captured the spirit of the magazine, Radical Chic. The article described a benefit party for the Black Panthers, held in Leonard Bernsteins apartment, in a collision of high culture, in 1972, New York also launched Ms. magazine, which began as a special issue. New West, a magazine on New Yorks model that covered California life, was also published for a few years in the 1970s. As the 1970s progressed, Felker continued to broaden the magazines editorial vision beyond Manhattan, covering Richard Nixon, twenty years later, Cohn admitted that hed done no more than drive by Odysseys door, and that hed made the rest up. It was a problem of what Wolfe, in 1972, had labeled The New Journalism. In 1976, the Australian media baron Rupert Murdoch bought the magazine in a hostile takeover, a succession of editors followed, including Joe Armstrong and John Berendt
18.
Kohn Pedersen Fox
–
Kohn Pedersen Fox Associates is an American architecture firm which provides architecture, interior, programming and master planning services for clients in both the public and private sectors. KPF is one of the largest architecture firms in the world and is one of the largest in New York City. KPF’s projects over the last 10 years include Roppongi Hills in Tokyo, Unilever House in London, the Mandarin Oriental, Las Vegas, the Stephen M. In New York, KPF is presently designing the Hudson Yards Redevelopment Project, KPF recently completed One Jackson Square and served as Executive Architect for the 10-year phased expansion and renovation of New Yorks Museum of Modern Art. Current projects around the world include the Midfield Terminal Complex at the Abu Dhabi International Airport, kPFs philosophy is firmly rooted in the belief that success is the result of collaboration and dialogue. KPF explains, “A similar sentiment is central to the manner in which we weave our buildings into the environmental fabric, for a firm of its size, KPF takes on an unusually large number of restoration and renovation projects. Examples of this work include The World Bank Headquarters, Unilever House, KPF has been recognized for workplace collaboration. Shortly after its founding in 1976, the American Broadcasting Company chose KPF to redevelop a former building on Manhattan’s West Side to house TV studios. This experience led to 14 more projects for ABC over the next 11 years, as well as commissions from major corporations across the country, including the AT&T, by the mid-1980s, KPF had nearly 250 architects working on projects in cities throughout the United States. It remains a Chicago landmark, and was voted “Favorite Building” by the readers of the Chicago Tribune in both 1995 and 1997. In 1986, KPF’s Procter & Gamble Headquarters in Cincinnati, which included an open plan interior design by Patricia Conway, was recognized for its design with the AIA National Honor Award. In the 1990s, KPF also took on a number of government and civic projects. Courthouse in New York, the Mark O. Hatfield U. S, courthouse in Portland, OR, the U. S. Courthouse of Minneapolis, the Buffalo Niagara International Airport and the multiple award-winning redevelopment of The World Bank Headquarters in Washington, D. C. KPF’s winning entry in the competition for the World Bank Headquarters. KPF’s sensitive design solution for the World Bank, its first D. C. project, KPF completed the design for two blocks of the large-scale Canary Wharf redevelopment and the Goldman Sachs Headquarters on Fleet Street. KPF has been selected for projects in the Canary Wharf area through the present day, KPF’s subsequent work in the U. K. includes Thames Court in London, the Rothermere American Institute at Oxford University and the master plan for the London School of Economics. KPFs introduction to the Asian market began with the 4,500, within 10 years, KPF had projects in Japan, Korea, Indonesia, Thailand, Hong Kong, Taiwan and mainland China
19.
Emporis
–
Emporis GmbH is a real estate data mining company with headquarters in Hamburg, Germany. The company collects and publishes data and photographs of buildings worldwide, Emporis offers a variety of information on its public database, Emporis. com, located at www. emporis. com. Emporis is frequently cited by media sources as an authority on building data. Emporis previously focused exclusively on high-rise buildings and skyscrapers, which it defines as buildings between 35 and 100 metres tall and at least 100 metres tall, respectively, today, the database has expanded to include low-rise buildings and other structures. Michael Wutzke started a website about skyscrapers in Frankfurt in 1996, in 2000 he started skyscrapers. com which was folded into Emporis in 2003. In 2004, Stephan R. Boehm assumed the role of Chairman, Wutzke was Chief Technology Officer and managing director until 2010, when he left the company. In 2007 venture capital firm Neuhaus Partners and KfW Bankengruppe invested several million Euro in the company, effective January 1,2009, the company moved its headquarters from Darmstadt to Frankfurt. In 2011, the company moved from Frankfurt to Hamburg, in 2000 a group of Emporis senior editors began presenting the Emporis Skyscraper Award. Eligible buildings are selected from a list of all buildings in the world at least 100 meters tall which were completed that year
20.
Chase Bank
–
The bank was known as Chase Manhattan Bank until it merged with J. P. Morgan & Co. in 2000. Chase Manhattan Bank was formed by the merger of the Chase National Bank, the bank has been headquartered in Columbus, Ohio since its merger with Bank One Corporation in 2004. The bank acquired the deposits and most assets of Washington Mutual, Chase offers more than 5,100 branches and 16,100 ATMs nationwide. JPMorgan Chase has 250,355 employees and operates in more than 100 countries, JPMorgan Chase currently has assets of roughly US$2.49 trillion. JPMorgan Chase, through its Chase subsidiary, is one of the Big Four banks of the United States. From September 1,1799, to 1955, it was called The Bank of The Manhattan Company, Chase National Bank was formed in 1877 by John Thompson. It was named after former United States Treasury Secretary and Chief Justice Salmon P. Chase, the Chase National Bank acquired a number of smaller banks in the 1920s, through its Chase Securities Corporation. In 1926, for instance, it acquired Mechanics and Metals National Bank, however, its most significant acquisition was the Equitable Trust Company of New York in 1930, the largest stockholder of which was John D. Rockefeller, Jr. This made Chase the largest bank in America and indeed, in the world, in 1955, Chase National Bank and The Manhattan Company merged to create The Chase Manhattan Bank. The deal was structured as an acquisition by the Bank of the Manhattan Company of Chase National. This avoided the need for consent by shareholders. For Chase Manhattan Banks new logo, Chermayeff & Geismar designed a stylized octagon in 1961, the Chase logo is a stylized representation of the primitive water pipes laid by the Manhattan Company, which were made by nailing together wooden planks. The bank included a management business called the Chase Investors Management Corporation. Under McCloys successor, George Champion, the bank relinquished its antiquated 1799 state charter for a modern one, in 1969, under the leadership of David Rockefeller, the bank became part of a bank holding company, the Chase Manhattan Corporation. In July 1996, Chemical Bank of New York purchased Chase Manhattan Bank, chemicals previous acquisitions included Manufacturers Hanover Corporation, in 1991, and Texas Commerce Bank, in 1987. Although Chemical was the survivor, the merged company retained the Chase name since it was better known. In December 2000, the combined Chase Manhattan completed the acquisition of J. P. Morgan & Co. in one of the largest banking mergers to date, the combined company was renamed JPMorgan Chase. In 2004, the bank acquired Bank One, making Chase the largest credit card issuer in the United States, JPMorgan Chase added Bear Stearns & Co. and Washington Mutual to its acquisitions in 2008 and 2009 respectively
21.
Chase Paymentech
–
Chase Paymentech is the payment processing and merchant acquiring business of JPMorgan Chase. Paymentech payment platforms support businesses of all sizes to process payments, including credit, debit, Paymentech can authorize payment transactions in more than 130 currencies. The company also provides business analytics, payment fraud detection, in 2012, Chase Paymentech processed 29.5 billion transactions with a value of $655.2 billion. 1985, MNET, MBanks retail unit and merchant acquirer founded 1987, the expansions continued with further acquisition of Litle and DMGT in 1995. The brand Paymentech was created in the year 1996 and the IPO was executed in the same year, Paymentech acquired Gensar, which later became Paymentech Network Services, Tampa, and Merchant Link in 1996. In 1997, Chase Paymentech was created as a joint venture between Chase Merchant Services and First Data Corporation and that year, First USA was acquired by Bank One. In 2001, Paymentech completed the largest retail merchant conversion,2002, Chase Paymentech acquired the merchant acquiring portfolios of Scotiabank and Citibank CA. Chase Paymentech opened its first European office in Dublin, Ireland in 2004 and that year also saw the merger of Bank One and JPMorgan Chase. Their product portfolio includes products to help merchants reduce payment fraud, the company offers solutions across multiple industry verticals, including e-commerce, retail, professional services, travel and lodging, restaurant, digital content, and government. The firm offers products for merchants and small business owners to take payments in real time on mobile devices and their “Chase Mobile Checkout” product, launched in May 2013, allows businesses to accept credit and debit cards via smartphone with their mobile app and card reader. The firm provides payment terminals and PC solutions for credit card acceptance at point of sale, the Index shows both sales volume and transaction count for online purchases across Chase Paymentechs global processing platforms
22.
Highbridge Capital Management
–
Highbridge Capital Management, LLC is a US$25 billion multi-strategy alternative investment management firm founded by Glenn Dubin and Henry Swieca in 1992. The firm was founded in 1992, by childhood friends Glenn Dubin, the company started with $35 million in capital and is named after the 19th-century aqueduct that connects Washington Heights and the Bronx. In 2004, J. P. Morgan Asset Management purchased 55% ownership of the firm, the company maintains offices in New York, London, and Hong Kong. The firm operates as a subsidiary of J. P. Morgan Asset Management, in October 2015, it was reported that JPMorgan Chase was nearing a deal to sell the firm. Brooke Harlow - Former Managing Director
New York City portal
Media related to 383 Madison Avenue at Wikimedia Commons
