
It was designed by the architecture firm of Voorhees, Gmelin and Walker, who are famous for many distinctive buildings in New York City, including the impressive Bank of New York Building at #1 Wall Street.
It has always been used mainly as a bank or finance building throughout it's history. Ironically, the cornerstone of the building was laid the day the stock market crashed, October 29, 1929, marking the beginning of the Great Depression.