A new beacon of light has emerged on the downtown night skyline, but its source is nowhere new. Soaring in the hear of the Financial District’s Twenty Exchange Place has been a neighborhood icon and skyline fixture its construction in 1931, and its crown now exudes bright white illumination to further solidify the landmark's spot on the world's most famous skyline..
Originally erected to house the City Bank Farmers Trust (now Citigroup), the 54-story tower was converted in 2004 to include luxury rental apartments across its upper half, with office and retail space below.
Twenty Exchange joins its skyline neighbors in lighting up the New York City night. (CityRealty)
Of its 736 apartments. availabilities include two studios starting from $2,462/month and a one-bedroom for $3,640/month. Currently, the landlord is offering a special one month free and no fee.
Inside, residences have been outfitted with modern décor, featuring 11-foot ceilings, oversized windows, and ample storage space. Open kitchens include granite countertops, custom-designed European cabinetry, and state-of-the-art stainless steel appliances including dishwashers. Marble baths feature custom-made sinks and vanities.
Conceptualized to compete with the nearby amenitized buildings, out-of-the-box services have included free bike rentals and a complimentary pet spa day on move-in. Standard luxuries abound as well, such as a 24-hour doorman, concierge, and valet; a fitness center; a sundeck on the 19th floor; and a resident’s lounge with a billiards table, a wet bar, and flat screen televisions. The pet-friendly building offers multiple laundry rooms on several floors, and an immaculate lobby with 16 elevators.
Reigning as the fourth tallest building upon its debut in 1931, the Cross & Cross-designed Art Deco building is defined by its limestone and brick façade. 14 “giants of finance” figures outline the 19th-floor exterior, calling to attention its initial roots as a Wall Street behemoth.
Inside, the lobby stands as a marvelous rotunda defined by red marble columns topped with magnificent eagles. The domed ceiling is adorned with concentric rings, standing over a gold-toned travertine floor and surrounded by a wealth of marble, mosaics, paintings, and bronze and nickel sculptures by David Evans.
When initially designed in 1929, the architects intended for the building to soar to a height of 846 feet with a pyramidal top, and stand as the tallest tower on an ever-upward-increasing skyline. However, the Great Depression required a change of plans, hence the building’s ultimate and remaining height of 741 feet.
DTH Capital
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Contributing Writer
Katy Cornell
Katy Cornell is a Long Island native with a passion for writing about real estate in the big city. She recently graduated from the University of Virginia with a BA in English and is a frequent contributor to CityRealty's Market Insight and NYC real estate blog 6sqft.
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