Woolworth Building the same title published in 1916. It remained the tallest building in the world until the construction of 40 Wall Street and the Chrysler Building, also in New York City, in 1930; an observation deck on the 57th floor attracted visitors until 1941. The building's tower, flush with the main frontage on Broadway, joins an office block base with a narrow interior court for light. The exterior decoration was cast in limestone-colored, glazed architectural terra-cotta panels. Strongly articulated piers, carried—without interrupting cornices—right to the pyramidal cap, give the building its upward thrust. The Gothic detailing concentrated at the highly visible
The New York Times Building the site was assembled, it was leased to The New York Times Company and Forest City Ratner for $85.6 million over 99 years (considerably below market value). Additionally, The New York Times Company received $26.1 million in tax breaks. The "Times" itself occupies 628,000 square feet on the 2nd to 21st floors, with the remainder leased to tenants. On December 16, 2016, "The New York Times" announced that it was vacating at least 8 of the floors in order to generate rental income. The tower was designed by Renzo Piano Building Workshop and FXFOWLE Architects, with Gensler providing interior design.