The aftermath of the Wall Street bombing. Source: NYC History.
We’ve revisited the scenes of prominent murders and suicides throughout New York City. While stories of gangster shootings are always a headliner, here we take a look at crimes of a different breed, from heists that have inspired movies to a deadly terrorist attack in 1920 whose traces still remain.
Source: Open Currency
Did you know that the Federal Reserve Bank of New York has a gold vault containing the world’s largest known depository of gold? This cache of 530,000 gold bars collectively weighs 6,700 tons, which is so heavy that the vault had to be built deep underground on top of bedrock. Otherwise, the floor would break.
Unfortunately, none of the gold is owned by the New York Fed, the Federal Reserve System, New York itself, or residents of New York. The Fed simply guards the gold on behalf of the U.S. government, foreign governments, other central banks, and official international organizations. There are 122 such account holders, each of which has its own gold contained in a “compartment,” which is a fancy way of saying “fenced-in area.” Furthermore, although transfers carry a fee (as do all transactions), they really only involve hauling the gold from one “compartment” to another, reports an Untapped Cities writer who toured the vault. (more…)
The theme for No Longer Empty’s exhibition opening on Wednesday is broad and anything but simple. In a way, the title says it all. ‘How Much Do I owe You?’ A straightforward question we use in our everyday lives. Yet, if we delve a bit deeper, it could take on a vast array of different meanings, depending on the social and political context. Each artist featured in No Longer Empty’s upcoming exhibition in the abandoned Bank of Manhattan in Long Island City was asked to create a site-specific work commenting on financial exchange.
Urban explorers, architecture buffs and art lovers alike will relish this opportunity to fully explore the former Bank of Manhattan in Long Island City’s Clock Tower when the latest No Longer Empty exhibition, “How Much Do I Owe You?” opens to the public on Wednesday, December 12th. As the event’s media sponsor, Untapped New York was given the chance to do some exploring so we can share with our readers this space, which has been closed to the public since the mid-1980s. We will also be offering an exclusive tour led by No Longer Empty and Untapped New York to a select number of lucky readers in January, please sign up here.
As the bells of Trinity Church tolled noon, on September 16, 1920, no one noticed the horse drawn wagon pull up beside 23 Wall Street. However, that would change instantaneously. Within seconds, a massive explosion ripped through the building which served as the headquarters of J. P. Morgan’s bank. Windowpanes were shattered within a ten block radius. The explosion was caused by a bomb on that previously innocuous wagon. It killed between 36 and 38 people and caused upwards of two million dollars in damage. Investigators were never able to determine who was responsible for the bombing. However, it is believed that anarchists were behind the attack. (more…)
The headquarters of BNP Paribas, France’s largest bank, is quite an architectural gem. Construction began on the present building in 1926, on the site of a former headquarters for the company. You can get a glimpse of the building when walking down Boulevard Haussmann in the 9th Arrondisement:
Medallions representing each of the 5 continents and a beautiful sculpture on the facade:
And the boardroom inside still retains the original layout: