Corporate Cathedral of Banking – Citibank Building in Queens


When you see the high-rise Citibank Building in Long Island City, Queens, it looks clearly out of place among the renovated turn-of-the-century industrial buildings (now lofts) and low-rise brick tenement buildings and clap-board townhouses, as if the glass office tower had wandered away from the massive cluster of skyscrapers just across the the East River in Manhattan. Citibank was a real estate pioneer by putting up a towering corporate cathedral in this part of Queens. It was a move encouraged by a larger economic strategy for New York City. Long Island City is being primed as an alternative to Jersey City as a destination by companies in Wall Street and Midtown to set up back-office operations. Rents and costs are lower in these places compared to in Manhattan.

Ivan Corsa

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s