Built in 1881 and 1890 respectively, the 10-storey Temple Court Building and Annex were once some of the tallest buildings in New York City. After being used as an office building for more than a century, the aging Temple Court was vacated by its last tenant in 2001, before sitting abandoned for a decade. In 2012, GFI Development Company bought the heritage property at 5 Beekman Street and an adjacent lot along Nassau Street, with the intention of converting the existing structure into a hotel while building a mixed-use highrise edifice on the neighbouring site.
The tower glass- and concrete-clad tower boasts two pikes at the top — framing an expansive outdoor terrace for residents — as a tribute to Temple Court's pair of pointed turrets. The 209-metre tower is currently scheduled for completion this year, while the hotel portion of the development opened its doors earlier last year.
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