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, Westchester and Boston Railroad Administration Building in 1980. It is the only free-standing National Register building that serves as the entrance to a New York City subway station. The offices on the building's upper floors house employees in the New York Transit Authority's rapid transit operations, signals and structures divisions. The original architect of the building was Alfred T. Fellheimer, who also worked on the Grand Central Terminal. Fellheimer designed it to resemble an Italian villa. The New York City Transit Authority budgeted $66.6 million for renovation of the structure in 2012. The renovation project was a collective effort, led by Lee Harris Pomeroy Architects in