Commanding dramatic, unobstructed views of the East River and South Street Seaport, 120 Wall Street occupies an entire block on the world's most famous financial boulevard.
In 1992, Silverstein Properties, Inc. (SPI) partnered with New York City Economic Development Corporation to establish New York's first and only Association Center. In 2012, SPI successfully structured a similar program sponsored by the State of New York through the Empire State Development Corporation. By offering low-cost space, the program ensures that 120 Wall Street and, consequently, Downtown Manhattan, will continue to be a home for not-for-profits well into the future. Approximately 65% of the building is currently occupied by not-for-profit tenants. In 2013, Silverstein Properties completed a capital plan improvement program to modernize the façade, lobby and elevator cabs. Following Superstorm Sandy, the service equipment was relocated from the basement to the mezzanine of the building to minimize the risk of future damage from another storm flood.