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ASHRAE was founded in 1894 at a meeting of engineers in New York City, formerly headquartered at 345 East 47th Street, and has held an annual meeting since 1895. [4] Until 1954 it was known as the American Society of Heating and Ventilating Engineers (ASHVE); in that year it changed its name to the American Society of Heating and Air-Conditioning Engineers (ASHAE). [5]