Cloud Club closed in the evening. Many famous executives based in the tower had lunch in the club. The club was only for men for several decades. In the 1950s and 1960s newer clubs opened, causing the attendance at the Cloud Club to decrease. In 1971 180 corporations supplied 300 members of the club. The club declined more as competition from other clubs increased and as companies moved offices to suburban areas. Texaco moved its employees to Westchester, New York in 1977, and the club closed in 1979. Tishman Speyer, which took over the Chrysler Building in 1998 and refurbished it, leased
W New York Downtown Hotel and Residences W New York Downtown Hotel and Residences __notoc__ W New York - Downtown Hotel and Residences is a at 8 Albany Street in the Financial District of lower Manhattan, New York City. The 58-story building, which was completed in 2010, is divided between a 217-room hotel, on floors 1-22, and 223 luxury residential condominiums, on floors 23-56. There is a residential observation deck on the 57th floor with views of the Hudson River, and a terrace on the 58th floor with panoramic views of lower Manhattan. The building was designed by Gwathmey Siegel & Associates, and the interior was by