Stock exchange building. As Los Angeles expanded southward in the early twentieth century, the city’s banks and financial institutions began to be concentrated along Spring Street. The stock exchange was opened in 1931 in the midst of the Great Depression.
The imposing, fortified Street Facade of the building, designed in the style of classical Modernism to give a feeling of Financial Stability, rises above five floors. At the rear is a slender twelve-story office Tower, which is reset with terracotta trim. The Street Facade is completely covered with Granite, a rarity in Los Angeles, where terracotta is more economical. It has massive Fluted Pilasters framing three Reliefs by sculptor Salvatore Cartaino Scarpitta entitled finance, research and Exploration and production. Massive Bronze entrance doors with a height of twelve meters and complex relief patterns have been called the largest Bronze doors of their kind produced in this part of the country by the manufacturer. Above the central entrance there is an inscription carved in granite, announcing the mission of the exchange and the date of its foundation.
The exchange later became part of the Pacific Exchange and moved out of the building in 1986. in the 1980s, the building was converted into a nightclub called the stock exchange. The Los Angeles Stock Exchange Building plays an important role in both the cultural and architectural history of the Spring Street financial district. After an extensive interior renovation, the building reopened in 2010 as an exchange, nightclub and venue. The original exterior of the exchange building remains intact, and the Nature Reserve has a service that preserves its historic facade.
What is a stock exchange building?
What is a stock exchange building? The NYSE Building, located in the Financial district of Lower Manhattan, serves as the headquarters of the NYSE Stock Exchange (NYSE). It consists of two interconnected buildings occupying a part of the city block bounded by Wall Street, Broad Street, new street and exchange place. The middle part of the block, George B. It includes the original structure at 18 Broad Street, designed by Post in the classical Revival style. The northern part houses a 23-storey office building, and the 11th is the main one.it was designed in a similar style on the street.
The marble Facade of 18 Broad Street has columns towards Broad Street to the east and New Street to the west, both on two-story Catwalks. Broad Street Colonnade, an icon of the NYSE, has a Pediment designed by John Adams Ward and Paul Bartlett, representing Commerce and Industry. The Facade of 11 wall Street is simpler, but contains architectural details similar to those of 18 Broad Street. Behind the columns at 18 Broad Street is the main trading floor, a 72-meter-high (22 m) rectangular room. An additional stock exchange parquet, which is called garage parquet, is October 11. it is located on Wall Street.offices and meeting rooms are located at 18 Broad Street and 11. it is located on the upper floors of Wall Street.
NYSE had lived on the land on Broad Street since 1865, but had to expand its previous building several times. The building at 18 Broad Street was built Dec 1901 and 1903. Dec two decades, the NYSE’s new Building was overcrowded, and the addition at 11 Wall Street was added between October 1920 and 1922. 20.at the end of the century, three additional stock market places were October to meet the growing demand, and during this time several proposals were made to move the NYSE to another location. with the growing popularity of electronic commerce in the 2000s, the last three exchanges were closed in 2007.
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