ArchDaily previously ran an article about the Manufacturers Trust Company Bank Branch at 510 Fifth Avenue in Manhattan designed by Gordon Bunshaft of Skidmore, Owings & Merrill and interior designer Eleanor H. Le Maire, a building designated as protected under the Landmarks Preservation Commission with first the exterior in 1997 and later the interior in early 2011. But as recently as October 2011, the building was already listed under the 2012 World Monuments Fund in the 2012 World Monuments Watch as the current owners, Vornado Realty Trust, began compromising the landmarked conditions of the interior of the building as it was being adapted for reuse. With preservationists in an uproar, support for the protection of the building was enough to bring Vornado Realty Trust to New York State Supreme Court where a settlement was reached.
Read on for more details on the settlement and continuing efforts to protect endangered monuments.