55 Water Street
Emery Roth and Sons (1972)

In contrast to the counting houses across the street, this brick-clad skyscraper represents the most recent phase of commercial growth in New York. It reflects the increasing size and complexity of business in the city, and New Yorkers continuing desire for a harbor view. The world's largest private office building when built, this highrise illustrates some of the deficiencies of the new Zoning Resolution introduced in 1961 which replaced the 1916 Zoning law. Its tremendous bulk is due in part to allowances for greater height granted in exchange for the adjacent open space of Jeanette Park.

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