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
Troy University (New York) Management, the Public Relations department and a portion of the Physics department occupied the first two floors. The upper floors were closed off due to concerns of structural instability. The Folsom Library was constructed on the site in 1976. Troy University (New York) Troy University was a short-lived university established at Troy, New York in 1858 under the auspices of the Methodist Episcopal Church. The school closed in 1861. The building that housed the university remained a prominent Troy landmark until 1969. On the site now is Rensselaer Polytechnic Institute's Folsom Library. There were initial plans for the founding of