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
The Advertising Club of New York a group of eight advertising men in New York City began meeting for lunch on a regular basis to share ideas on the business that sustained them. They called themselves the Sphinx Club, and in 1906 the growing group incorporated as the Advertising Men's League, ultimately becoming The Advertising Club of New York in 1915. Most of The Ad Club's early years were spent at the landmark Stanford White building at 23 Park Avenue, where Ad Club members, including the young Bill Paley, J.C. Penney, and Bill Bernbach, conducted business in the main dining room over lunch. The Advertising Club