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
Union Club of the City of New York which was founded in 1834. The club is considered one of the most prestigious in New York City. The current building is the club's sixth clubhouse and the third built specifically for the members. The prior two clubhouses were at Fifth Avenue and 21st Street, occupied from 1855 to 1903; and on the northeast corner of Fifth Avenue and 51st Street, a limestone clubhouse occupied from 1903 to 1933. In 1927, club members voted to move uptown, to a quieter and less crowded location. They hired architects William Adams Delano and Chester Holmes Aldrich—who had previously designed buildings for the