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
Cable Building (New York City) this example, "no excuse remains for building cheaply or meanly on any New York City property." The article noted that the Metropolitan Traction Company occupied the top two floors of the building and had the other six 20,000 square foot floors for lease, which it thought would be especially appealing to those businesses who had their natural centre in the wholesale dry goods district. The "Real Estate Record and Builders Guide" gave special notice to the western entrance, saying: "Surmounting the charming and inviting entranceway is a round ornamental opening, making the centre to a group of two strongly modeled