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
New York Life Insurance Building (Montreal) Quebec Bank purchased the building in 1909 and occupied the ground floor before being absorbed into the Royal Bank of Canada in 1917. The structure still bears the bank's name carved over the entrance. The building is near Place-d'Armes Metro, and is adjacent to other prominent Montreal landmarks, such as the Aldred Building (1931), the Bank of Montreal Building (1859/1901), the Place d'Armes Hotel, Notre-Dame Basilica and 500 Place D'Armes. The New York Life Building was inspired by Italian Renaissance and buildings in New York and was one of the first major Montreal buildings which did not use the local