ExxonMobil the Exxon Building (1251 Avenue of the Americas), its former headquarters in Rockefeller Center, to a unit of Mitsui Real Estate Development Co. Ltd. in 1986 for $610 million, and in 1989, moved its headquarters from Manhattan, New York City to the Las Colinas area of Irving, Texas. John Walsh, president of Exxon subsidiary Friendswood Development Company, stated that Exxon left New York because the costs were too high. On March 24, 1989, the Exxon Valdez oil tanker struck Bligh Reef in Prince William Sound, Alaska and spilled more than of crude oil. The Exxon Valdez oil spill was the
Prince William Sound 1778 to honour George III's third son Prince William Henry, then aged 13 and serving as a midshipman in the Royal Navy. In 1793, Alexander Andreyevich Baranov founded port Voskresensk in the sound, which he called Chugach Bay. The first three-masted ship, "Phoenix", was the first ship built by the Russians in America. A 1964 tsunami, a result of the Good Friday earthquake, killed a number of Chugach villagers in the coastal village of Chenega and destroyed the town of Valdez. In 1989, the oil tanker "Exxon Valdez" ran aground on Bligh Reef after leaving Valdez, causing a large oil