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 Building New York Life Building The New York Life Insurance Building, New York, located at 51 Madison Avenue, Manhattan, New York City, across from Madison Square Park, is the headquarters of the New York Life Insurance Company. Designed in 1926 by Cass Gilbert, who also designed the landmark Woolworth Building, the massive building rises forty stories to its pyramidal gilded roof while occupying the full block between 26th Street, 27th Street, Madison Avenue and Park Avenue South, a rarity in Manhattan. The New York Life Building stands tall and contains 40 floors. Inspired by Salisbury Cathedral, it was the last significant