Empire State Building vs Scotia Plaza

Informations

The Empire State Building is a 102-story Art Deco skyscraper in Midtown Manhattan in New York .

It was designed by Shreve, Lamb & Harmon and built from 1930 to 1931. Its name is derived from 'Empire State', the nickname of the state of New York. The building has a roof height of 1,250 feet (380 m) and stands a total of 1,454 ft (443.2 m) tall, including its antenna. The Empire State Building stood as the world's tallest building until the building of the World Trade Center in 1970; after its collapse at the September 11, 2001 attacks, the Empire State Building was the city's tallest skyscraper until 2012. As of 2020, the building is the seventh-tallest building in nyc, the ninth-tallest finished skyscraper in the United States, the 48th-tallest on earth, and the fifth-tallest freestanding structure in the Americas. The website of the Empire State Building, located in Midtown South on the west side of Fifth Avenue between West 33rd and 34th Streets, was originally part of an early 18th-century farm. It was developed in 1893 as the site of the Waldorf--Astoria Hotel. In 1929, Empire State Inc. acquired the website and devised plans for a skyscraper there. The design for the Empire State Building was changed fifteen times until it was ensured to be the world's tallest building.



Construction began on March 17, 1930, and the building opened thirteen and a half months afterward on May 1, 1931. Despite favorable publicity regarding the building's structure, because of the Great Depression and World War II, its owners failed to make a profit until the early 1950s. The building's Art Deco design, height, and observation decks have made it a popular attraction. Around 4 million tourists from around the world annually visit the building's 86th and 102nd floor observatories; an additional indoor observatory on the 80th floor opened in 2019. The Empire State Building is an American cultural icon: it has been featured in more than 250 TV shows and movies since the movie King Kong was released in 1933. A symbol of New York City, the tower has been named as one of the Seven Wonders of the Modern World by the American Society of Civil Engineers. It was ranked first on the American Institute of Architects' List of America's Favorite Architecture in 2007. Additionally, the Empire State Building and its ground-floor inside were designated city landmarks by the New York City Landmarks Preservation Commission in 1980, and were added to the National Register of Historic Places as a National Historic Landmark in 1986.

Source: Wikipedia

Informations

Scotia Plaza is a commercial office complex in the city of Toronto, Ontario, Canada. It is in the financial district of the downtown core bordered by Yonge Street on the east, King Street West on the south, Bay Street on the west, and Adelaide Street West on the northwest. At 275 m (902 ft), Scotia Plaza is Canada's third tallest skyscraper and the 22nd tallest building in North America. It is on the PATH network, also contains 190,000 m2 (2,045,143 sq feet ) of office space on 68 flooring and 40 retail stores. Olympia and York developed the complex as an expansion of the adjoining headquarters of Scotiabank and the bank continues to occupy approximately 24 floors of the structure. Olympia and York owned the complex from its completion until the business was liquidated due to overwhelming debt in 1993. Scotiabank led a consortium of banks to buy the mortgage for Scotia Plaza and within the next five years, it bought additional shares from its partners before it was the property's majority owner.On January 19, 2012, Scotiabank announced it would sell the iconic building and on May 22, announced a final agreement with Dundee Real Estate Investment Trust (now Dream Office REIT) and H&R Real Estate Investment Trust for $1.27 billion, making it the last of Canada's leading banks to divest ownership of its Toronto headquarters land. In 2016, H&R and Dream sold 50% of the construction to KingSett Capital and AIMCo; in 2017, Dream sold its remaining 50% stake in 2017 to the same two companies.

Source: Wikipedia