One North End Avenue
General information
TypeOffice (New York Mercantile Exchange)
Location300 Vesey Street
New York, NY 10282, United States
Coordinates40°42′52″N 74°01′01″W / 40.71444°N 74.01694°W / 40.71444; -74.01694
Construction started1995
Completed1997
OwnerBrookfield Properties
Height
Roof255 ft (78 m)
Technical details
Floor count16
Floor area500,000 sq ft (46,000 m2)
Design and construction
Architect(s)Skidmore, Owings & Merrill

One North End Avenue, also known as the New York Mercantile Exchange Building, is an office building and the only non-tower financial building in Brookfield Place (World Financial Center) in Lower Manhattan, New York City. It is located on the coast of Battery Park City and the Hudson River and in front of 250 Vesey Street.[1] It serves as the headquarters and trading facility of the New York Mercantile Exchange.[2]

One North End Avenue immediately after the collapse of the World Trade Center

The New York Mercantile Exchange relocated from 4 World Trade Center to One North End Avenue in 1997,[3] after the directors of the exchange had considered moving to New Jersey for several years.[4] Following the September 11 attacks in 2001, the building suffered minor damage.[5] After 9/11, four American flags were affixed to the top corners of the building.

In 2013 Brookfield Properties purchased the building for US$200 million[6] and merged it with the rest of the complex.[7]

See also

References

  1. ↑ "Brookfield Place – 300 Vesey Street". Brookfield Properties. Retrieved August 9, 2022.
  2. ↑ "CME Group Inc. Completes Acquisition of NYMEX Holdings, Inc., Expands Its Diversified Product Offerings to Include Energy and Metals and Also Announces Preliminary Election Results". CME Group Inc. (Press release). August 22, 2008.
  3. ↑ Holusha, John (April 20, 1997). "For the Mercantile Exchange, the Futures Is Now". The New York Times. ISSN 0362-4331. Retrieved August 9, 2022.
  4. ↑ Finder, Alan (November 13, 1992). "Mercantile Exchange to Stay in New York City". The New York Times. ISSN 0362-4331. Retrieved August 9, 2022.
  5. ↑ Fuerbringer, Jonathan (September 15, 2001). "After the Attacks: the Commodities; Hoard of Metals Sits Under Ruins Of Trade Center". The New York Times. ISSN 0362-4331. Retrieved August 9, 2022.
  6. ↑ Weiss, Lois (September 24, 2013). "Brookfield snaps up NYMEX building for $200M". New York Post. Retrieved August 9, 2022.
  7. ↑ Levitt, David M (November 26, 2013). "Brookfield Buys Manhattan's Nymex Building From CME Group". Bloomberg.
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