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Morgan Guaranty Trust Building

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Morgan Guaranty Trust Building Overview

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photo by SSchultz
This imposing limestone edifice was constructed at the epicenter of the financial universe directly across the street from the New York Stock Exchange. JP Morgan built the building toward the end of his career, in 1913. He had already cemented himself as the king of the New York financial world and he required a headquarters that could adequately serve as his court. Morgan enlisted the expertise of architects Trowbridge & Livingston to build him a building that would rival the Parthenon in stature. The result was a grand office building that boasted a gigantic central atrium and large private offices with fireplaces. The headquarters of J.P. Morgan & Company became known simply as “The Corner” and it was the place for titans of the finance world to see and be seen. In 1920, the building received a jolt when terrorists detonated a bomb across the street. Holes caused by the blast still remain in the walls of the building. J.P. Morgan Chase, the current incarnation of the company that J.P. Morgan built up a century ago, no longer uses the building for offices.
By: Cyrus Submitted: 08/08/2007 Comments on this fact? Tell the TravelGoat editors.
When 23 Wall Street was constructed in 1913, the Morgan name was so well-known it was considered unnecessary to attach the banker’s name to the building, contrary to its status as his headquarters.
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By: Cyrus Submitted: 08/08/2007 Comments on this fact? Tell the TravelGoat editors.
JP Morgan has repeatedly insisted that the bombing damage still visible on the building’s façade never be repaired, in defiance of the attack.
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By: Cyrus Submitted: 08/08/2007 Comments on this fact? Tell the TravelGoat editors.
Prior to the bombing, a single warning had come in the form of a note placed in a mailbox at Cedar Street and Broadway just before the blast.
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