who was the architect of the woolworth building what was the final cost of the building
Woolworth Building The Woolworth Building was designed in the neo-Gothic style by the architect Cass Gilbert, whom Frank Woolworth commissioned in 1910 to design a 20-story office building [8] as the F. W. Woolworth Company's new corporate headquarters on Broadway, between Park Place and Barclay Street in Lower Manhattan, opposite City Hall. Originally designed to be 420 feet (130 m) high, the building was eventually elevated to 792 feet (241 m).[citation needed] At its opening, the Woolworth Building was 60 stories tall and had over 5,000 windows.[9] The construction cost was US$13.5 million. With Irving National Exchange Bank Woolworth set up the Broadway-Park Place Company to finance the building, but by May 1914, had purchased all of the shares from the bank, thus owning the building outright. On completion, the Woolworth building topped the record set by the Metropolitan Life Insurance Company Tower as the world's tallest building.
Downtown The skyscraper would become the hallmark of the downtown area. Prior to the invention of the elevator – and later the high-speed elevator – buildings were limited in height to about six stories, which was a de facto limit set by the amount of stairs it was assumed that people would climb, but with the elevator, that limit was shattered, and buildings began to be constructed up to about sixteen stories. What limited them then was the thickness of the masonry needed at the base to hold the weight of the building above it. As the buildings got taller, the thickness of the masonry and the space needed for elevators did not allow for sufficient rentable space to make the building profitable. What shattered that restriction was the invention of first the iron- and then the steel frame building, in which the building's load was carried by an internal metal frame skeleton, which the masonry – and later glass – simply hung off of without carrying any weight.[7]