Construction and early use In the years after its founding in 1892, U.S. Rubber came to control 70 percent of the United States' rubber footwear market and also became a top seller of tires. Carrère and Hastings drew up plans for a 20-story office building on the site, which would provide sufficient space for a new headquarters. When the plans were released in August 1911, the planned building was described by the
New-York Tribune and
The New York Times as the tallest structure on Broadway north of Times Square. with tenants moving there by May 1 of that year. the
Timken Roller Bearing Company, the
National Tuberculosis Association, and taxi operator Keystone Transportation Company. The Fitzgerald estate sold the Schulte Real Estate Company the site for $1.1 million in 1928, and
property title was then passed to businessman
August Heckscher. U.S. Rubber acquired the land under the building outright in 1932, upon the expiration of the original lease. At the time of U.S. Rubber's land purchase, the
Metropolitan Life Insurance Company had a mortgage loan of $800,000 against the property. U.S. Rubber moved its offices to Rockefeller Center three months later in March 1940, and the 8th through 14th floors at 5 Columbus Circle were rented to the
National Health Council that October. 5 Columbus Circle was sold several times in subsequent years, which hired
Herbert Tannenbaum to remodel the ground level, second floor, and basement for its use. In 1959, the bank hired Tannenbaum again to redesign the lowest two stories of the facade in 1959, replacing the original cladding with a glass and gray-marble insert. In an interview with journalist
Christopher Gray four decades later, Tannenbaum expressed regret for the renovation, saying, "It broke my heart to tear those beautiful Ionic columns out." while the
NAACP also had its headquarters in the building from 1967 to 1982. The
First Nationwide Savings Bank, which acquired West Side Federal Savings, sold the building in 1985 to John Phufas and John O'Donnell for $29.25 million. Phufas and O'Donnell hired
Beyer Blinder Belle to renovate the space, and First Nationwide would continue to occupy eight floors. Nordstrom signed a lease for retail space at the neighboring Central Park Tower in 2012 during that tower's construction. As part of the lease, Nordstrom would also occupy some space at 1776 Broadway and 5 Columbus Circle. In 2018, 1790 Broadway Associates announced plans to renovate the building's facade. The lowest two stories were re-clad with marble, and the elevators, boilers and cooling towers, and windows were replaced at a cost of $10 million. and
Kaplan, Inc. also took space in the building that year. == Critical reception ==