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
Cosmopolitan Club (New York City) Pablo Picasso. Guest speakers in that era included poets Amy Lowell, Vachel Lindsay, and Siegfried Sassoon, educator Maria Montessori, and First Lady Lou Henry Hoover. In 1932, the club moved to its current home, a ten-story brick building with white marble trim and wrought-iron balconies, situated at 122 East 66th Street, across the street from the Seventh Regiment Armory. The architect Thomas Harlan Ellett designed the new clubhouse, for which the Architectural League gave him its 1932 gold medal, calling his design "a fresh and personal interpretation, beautiful in its simplicity of form and material." In the years following its