History 375 Pearl Street

verizon building seen brooklyn bridge, under renovation in march 2016

when opened in 1975 new york telephone company, new york times architecture critic paul goldberger decried “most disturbing” of phone company’s new switching centers because “overwhelms brooklyn bridge towers, thrusts residential neighborhood shadow , sets tone of utter banality.”

2000s

the building played important part in recovering service police department in attacks of september 11, 2001.

prior may 2002, building featured logo of new york telephone , bell atlantic, month, sign removed , replaced logo of verizon, still there today.

in september 2007 announced taconic partners bought building verizon. verizon lease floors 8 through 10. taconic bought 1.098-million-square-foot building (102,000 m) $172.05 million, amounted $185 foot when property selling in manhattan $500 foot. other appeals of building 16- 17-foot (5.2 m) ceilings , 39,000-square-foot (3,600 m) floor plans naming rights. verizon logo, installed in may 2002, tops building.

taconic had announced plans dramatically change in facade in curtain wall designed cook & fox built. new york times in reporting news wrote:

paul e. pariser, co-chief executive of taconic, said reporter had told him: mr. pariser, have challenge cut out — turning g.e. dishwasher office building. challenge.

2010s

in june 2011, sabey data center properties, largest privately held developer, owner, , operator of data centers in united states purchased deed in lieu of foreclosure m&t bank $120 million, considerably less taconic had paid few years earlier. sabey intends redevelop property major manhattan data center , technology building. building referred intergate.manhattan.

john sabey, president of company, said excited part of lower manhattan’s “ascendance world capital data-based enterprises of types.” said intergate.manhattan appeal “new scientific, academic , medical research centers” in addition data center tenants.

“the largest areas of growth data centers in financial, internet-based service , networking, insurance, , healthcare sectors, particularly in life sciences research,” said sabey. “mission critical computing in these areas demands varying levels of availability , latency sensitivities. indeed, infinitesimal delay in single computer operation can harmful. these enterprises , multi-national companies originating in europe , looking establish north american data center location, new york typically prime choice.”

on april 3, 2012, uk s online version of daily telegraph showed 375 pearl street ranked 20th in series of ugliest buildings in world .

in late 2016, building renovated. limestone walls on upper stories removed , replaced plate glass panels improve building s aesthetics.