For Sale: One Chase Manhattan Plaza.

Posted on by APOPS

One Chase Manhattan Plaza, the bank’s original modernist headquarters building and plaza downtown,  is on the market, according to an article in Crain’s.  The iconic plaza, which has been closed for almost two years for repairs, is not a privately owned public space created pursuant to the 1961 zoning resolution.  Its legal status derives in part from the site’s landmark designation, a variance granted in the late 1950s to the owner by the City’s Board of Standards and Appeals, and a street closing action taken by the City.  A New York Times article in June provides background about the plaza.

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