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20 Exchange Place
from 20 in 20: Twenty Real Estate Developments That have Defined The Changes Seen In The Post-9/11 Era
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Designed by: Cross & Cross
Developed by: DTH Capital, Metro Loft Size: 57 stories, 777 apartments Completion: 1931; Conversion 2008/2015
20 EXCHANGE PLACE
Art Deco gem 20 Exchange Place was built by erstwhile architecture firm Cross & Cross in the early 1930s to serve as the headquarters for City Bank–Farmers Trust Company, a predecessor of Citigroup. At the time, it was the fourth tallest building in the world, and and remained one of the city’s tallest until 1970.
In 2004, development group DTH Capital bought 20 Exchange Place and enlisted Metro Loft Management to oversee a partial conversion of the commercial building to residential space; by 2008, the first of 556 units located were made available to residents. An additional 221 luxury units were completed in 2015.
