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In 1894, the company completed the first skyscraper in New York, and the tallest building in the world at the time: the Manhattan Life Insurance Building at 66 Broadway. [ 17 ] [ 18 ] [ 19 ] Demolition was set to start February 1, 1893, [ 20 ] but was delayed several weeks by a dispute - sometimes violent - with a retail tenant . [ 21 ]
[8] [18] In the 1970s, New York Life began selling annuities and mutual funds. [15] In the late 1990s and early 2000s, as other mutual life insurance companies became publicly traded corporations, New York Life remained a mutual company. [15] New York Life entered the Mexican market in 1999 when it acquired Seguros Monterrey from Aetna. [19]
Under The Insurance Society of New York, a number of individuals and organizations contributed to the library's growing collection throughout the 1900s. In 1974, Shelby Cullom David and his wife Kathryn presented The College of Insurance with a major endowment. This endowment helped to secure the library's future and it was renamed in their honor.
108 Leonard (formerly known as 346 Broadway, the New York Life Insurance Company Building, and the Clock Tower Building) is a residential structure in the Tribeca neighborhood of Manhattan in New York City, New York, United States. Built from 1894 to 1898, the building was constructed for the New York Life Insurance Company.
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One of the commercial concerns on Broadway was the Home Life Insurance Company, a Brooklyn-based insurance company with a branch on Wall Street, which moved its branch to 258 Broadway in 1866. Home Life acquired the five-story building at 254 Broadway three years afterward, where it occupied the ground story and leased the remaining space. [ 46 ]
In 1926, the Manhattan Life Insurance Company sold the building to Frederick Brown, who then re-sold it to the Manufacturer's Trust Company a few weeks later. Then, in 1928, Central Union Trust Company, whose headquarters were in adjacent structures to the north, bought 70 Broadway for an undisclosed sum, although the building was assessed at ...
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