Drexel Building, Corner of Wall and Broad Streets - 1874
Illustration shows Broad Street as seen from Wall Street, with Drexel Building on the southeast corner. Engraving published by D. Appleton & Co., in the New York illustrated, copyright 1874. Continue below...
The Drexel, Morgan & Co. acquired the property by March 1872 or before. The old buildings were demolished in 1872 to make way for the Drexel Building, completed by April 1873.
The Drexel Morgan & Co. became J.P.Morgan & Co. in 1895. The building was demolished before 1914 to make way for the Morgan Guaranty Trust Company Building, at 23 Wall Street. The following text accompanies this illustration in the New York illustrated: "At the corner of Wall and Broad Streets we find the Drexel Building, occupied by Drexel, Morgan & Co., the bankers, and the Leather Manufacturers' National Bank. It is six stories high, built out of white marble, in the Renaissance style. Within the walls it is two hundred and two by seventy-five feet. Its erection cost seven hundred thousand dollars."
The original NYSE Building at 10 and 12 Broad-street (main entrance), opened in 1865, on the west side Broad Street. It also had entrances on Wall Street and on New Street.
Drexel Building, Corner of Wall and Broad Streets - 1874
Wall Street
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Broad Street