This 25-story building was designed by Clinton & Russell in 1929 and was formerly the headquarters of Caladwalder Wickersham & Taft, the law firm. It was converted into rental apartments in 2005 by Frank Lalazarian who acquired it for $57 million. The conversion was financed with about $98 million in Liberty Bonds.

Avinash K. Malhotra was the architect for the conversion, which has about 336 apartments.

The building has a fitness center, a sundeck, a 24-hour concierge and a garage. Many apartments have 9 to 12-foot-high ceilings and there are some terraces and some units with home offices.

The building is notable for its 100-foot-high, skylight atrium.

The building is convenient to public transportation and is not far from the South Street Seaport.