Swig Equities Celebrates Decade of Ownership of Historic 48 Wall Street; Landmark Building Restored to Full Architectural Splendor and Also Home of Museum of American Finance, Now 96% Leased

New York, NY – October 26, 2010 – (RealEstateRama) — Another milestone was reached this year with the commemoration of the decade-long re-tenanting of historic 48 Wall Street, a 324,000 square foot, 34-story office building built in 1927 that was fully restored to its original grandeur. A rededication of the building celebrating its landmark status was previously held in 2002 with an unveiling of a plaque just below the original cornerstone dating back to 1784 from the first building that stood at 48 Wall Street. The ceremony marking that occasion was held in the building’s two-story Grand Banking Hall which served as the main banking area for the Bank of New York. The Landmarks Preservation Commission initially dedicated the building as a New York City landmark in October 1998, and the plaque seen today marks that dedication. Today, The Grand Banking Hall houses the Museum of American Finance, a member of the Smithsonian Affiliation Program.


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Swig Equities, LLC is a real estate development, investment and management firm based in New York City with offices in San Francisco. The firm is an active purchaser and developer of prime residential and commercial buildings as well as operating companies and securities. Over the past few years, Swig Equities has purchased in excess of $2.5  billion of properties, which includes 110 William Street, a 32 story , 900,000 square foot commercial office building; 90 Broad Street, a 25-story, 400,000 square foot office building;  80 Broad Street,  a 36 story, 400,000 square foot office building; historic 48 Wall Street, a 34 story, 324,000 square foot office building;  44 Wall Street, a 350,000 square foot office building; 5 Hanover Square, a 325,000 square foot office building; 770 Lexington Avenue, a 20-story, 155,000 square foot commercial office building in Midtown Manhattan; and 450 Sansome Street, a 140,000 square foot office building in downtown San Francisco. 

Contact:

Swig Equities, LLC
770 Lexington Avenue
New York, NY 10065

Tel: 212.508.7373
Fax: 212.508.7488

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