New York Clearing House, ca. 1912.
Founded in 1853, the New York Clearing House was a financial institution that facilitated the daily exchanges and settlements of money between the city's banks. The building, which stood five stories high with a marble front, was erected in 1896 by architect R.W. Gibson. Throughout its existence, the New York Clearing House dealt with many financial waves of panic and emergencies.
By 1913, the Clearing House had begun to feel overwhelmed by surrounding skyscrapers and its growing company, but it wasn't until 1963 that it relocated to its new headquarters at No. 100 Broad Street. In 1964, the building was demolished for a Skidmore, Owings & Merrill acclaimed nondescript glass office tower.