Manhattan by the construction of the Willis Tower in 1974 (formerly known as the Sears Tower, located in Chicago). One World Trade Center, a replacement for the Twin Towers of the World Trade Center, is currently the tallest building in the Western Hemisphere. In 1961, the Pennsylvania Railroad unveiled plans to tear down the old Penn Station and replace it with a new Madison Square Garden and office building complex. Organized protests were aimed at preserving the McKim, Mead & White-designed structure completed in 1910, widely considered a masterpiece of the Beaux-Arts style and one of the architectural jewels of New
Sears history of the old company, celebrating the original 1892 incorporation, rather than the 1906 revision, as the start of the company. Sears' successful 1906 initial public offering (IPO) marks the first major retail IPO in American financial history and represented a coming of age, financially, of the consumer sector. The company traded under the ticker symbol S, and was a component of the Dow Jones Industrial Average from 1924 to 1999. In 1906, Sears opened its catalog plant and the Sears Merchandise Building Tower in Chicago's West Side. The building was the anchor of what would become the massive Sears,