Replica of Federal Hall in Bryant Park, ca. 1932.
While today there is a building in lower Manhattan called Federal Hall, the first building given that name in New York City was constructed in 1703 to serve as the city hall. The original Greek Revival structure was extensively renovated in 1788 by Pierre Charles L'Enfant, the architect of Washington, D.C. This work created what is considered the first example of Federal style architecture in the United States. The building became the Capitol of the newly formed country in 1789. Here, George Washinton was sworn in as President. The building was razed in 1812.
But! it made a comeback (sort of). In 1932 the George Washington Bicentennial Planning Committee (established to honor the 200th anniversary of Washington's birth) and Sears, Roebuck, and Company erected a replica of the famous building, made out of wood and plaster. Situated in Bryant Park, near the terrace, the true-to-size building necessitated the temporary removal of a couple of statues.
To further celebrate a reenactment of the inauguration was presented. Though master planner Moses had hoped that the display would boost visitation to the park (which had been largely neglected for decades), the replica was not hugely successful. That fact, and some shady financial dealings that depleted the committee's funds resulted in the razing the replica in 1933.