By Carter B. Horsley
prominent but not terribly
distinguished Wall Street tower, this building was erected in
1928 for Brown Brothers Harriman and converted to rental apartments
in 2003 by Nathan Brucker and Yaron Bruckner.
It is 37
stories tall and contains
476 apartments. The site had been the address of Brown Brothers
Harriman for 168 years before it moved to 140 Broadway.
tower was designed by
Delano & Aldrich and Yatsuo Matsui and is notable for the
nine large gargoyles on its roofline above several octagonal windows
above some vertically ribbed spandrels and angled piers.
2007 article in Multifamily
Executive Magazine, Garcia Telleria noted that "coins adorn
the building's lower facade and Gothic crest teeth crown the top
of the building's hip roof."
building is now called
The Crest. It was converted by Metro Loft Management of which
Mr. Berman and Mr. Bruckner are principals for about $50 million
and was the first residential building to open on Wall Street
after the historic events of September 11, 2001. Mr. Berman and
Mr. Bruckner's venture received about $132,400,000 in tax-exempt
Liberty Bonds from the New York City Housing Development Corporation
to cover the costs of the acquisition, renovation and conversion.
Their venture also acquired 67 Wall Street and 20 Exchange Place.
the National Housing
and Rehabilitation Association said the Crest was "the Best
Historic Rehab: Market Rate or Mixed-Income Housing."
building has a fitness
center and a doorman and a 10,000-square-foot "great room"
with entertainment, billiards tables, television, a piano, seating
and a converence room, a 21st floor terrace with sun chairs, a
24-hour lobby attendent and a laundry room on the fourth floor.
very good public transportation
and the neighborhood abounds in iconic, major buildings.
building has a 85-car garage.