American Bank Note Company Building
Encyclopedia
The American Bank Note Company Building is a historical granite structure located at 70 Broad Street, New York, New York (at the corner of Beaver Street, near Bowling Green in Financial District, Manhattan
).
, a leading engraving company which produced bank notes, currency
and stock certificates. They sold the building in 1988.
It was remodeled in 1996 and became a restaurant. It was purchased for USD$5.5m in 2004 by the Maharishi Mahesh Yogi
for a Global Financial Capital of New York, part of the Global Country of World Peace
(GCWP).
The GCWP later placed the building on the market in 2009 with an asking price of $45 million, later reduced to $25.5 million. It was sold to an unnamed Chinese construction and investment company for $18 million in 2010.
Financial District, Manhattan
The Financial District of New York City is a neighborhood on the southernmost section of the borough of Manhattan which comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York...
).
History
It was built in 1908 as the home of the American Bank Note CompanyAmerican Bank Note Company
The American Bank Note Company was a major worldwide engraver of national currency and postage stamps. Currently it engraves and prints stock and bond certificates.-History:Robert Scot, the first official engraver of the young U.S...
, a leading engraving company which produced bank notes, currency
Currency
In economics, currency refers to a generally accepted medium of exchange. These are usually the coins and banknotes of a particular government, which comprise the physical aspects of a nation's money supply...
and stock certificates. They sold the building in 1988.
It was remodeled in 1996 and became a restaurant. It was purchased for USD$5.5m in 2004 by the Maharishi Mahesh Yogi
Maharishi Mahesh Yogi
Maharishi Mahesh Yogi , born Mahesh Prasad Varma , developed the Transcendental Meditation technique and was the leader and guru of the TM movement, characterised as a new religious movement and also as non-religious...
for a Global Financial Capital of New York, part of the Global Country of World Peace
Global Country of World Peace
The Global Country of World Peace was declared by Maharishi Mahesh Yogi, the founder and guru of the Transcendental Meditation movement, on Vijayadashami , October 7, 2000. He described it as "a country without borders for peace loving people everywhere"...
(GCWP).
The GCWP later placed the building on the market in 2009 with an asking price of $45 million, later reduced to $25.5 million. It was sold to an unnamed Chinese construction and investment company for $18 million in 2010.