New York Information Technology Center
55 Broad St
This 1960s American office building has been ripped apart and rewired with a 21st-century communications infrastructure that can instantly connect its tenants with sites around the world. Famous in the 1980s as the high finance offices of investment bankers Drexel Burnham Lambert, 55 Broad Street was reborn in 1996 as the Downtown headquarters of Silicon Alley – the dazzlingly hip computer / new media industry stretching along Broadway from 23rd Street down through the financial district.
The new media, on-line services, and software companies relocating here are devoted to the proposition that communications technology eliminates the significance of time and distance – allowing us to do business with the world from the remotest mountain top. Yet these very companies cluster here in the heart of Downtown for human warmth, commonality of interests, and deal-cementing, real-world handshakes – traditional Downtown values.
Marker is at the intersection of Broad Street and Beaver Street, on the right when traveling north on Broad Street.
Courtesy hmdb.org
