The 41 Park Row lot, and the adjoining lot immediately to its south (now the Potter Building site), was the site of the
Old Brick Church of the
Brick Presbyterian Church, built in 1767–1768 by John McComb Sr. Starting in the early 19th century and continuing through the 1920s, the surrounding area grew into the city's "Newspaper Row"; several newspaper headquarters were built on Park Row, including the Potter Building, the
Park Row Building, the
New York Tribune Building, and the
New York World Building.
The New York Times and other newspapers would be among the first to construct
early skyscrapers for their headquarters, with the current building being one such development. Meanwhile, printing was centered around Beekman Street, less than one block south of 41 Park Row.
Previous buildings The
Times, founded in 1851, was first housed in 113
Nassau Street, one block south of 41 Park Row; it moved to Nassau and Beekman Streets in 1854. The
Times grew quickly and, by 1856, it needed new quarters. The
Times had become popular, with over twice the readership of the competing
Tribune by 1855 and was described in ''
Harper's Weekly'' as having "won a reputation for the and variety of its news". When Brick Presbyterian Church's congregation moved uptown to
Murray Hill in 1857.
Times cofounder
Edward B. Wesley partnered with investors Frederick P. James and Henry Keep to buy the northern half of the church site for its third building. The newspaper's other cofounders,
Henry Jarvis Raymond and
George Jones, subsequently bought James's and Keep's shares. The third building's cornerstone was laid in May 1857. The structure had arched brick floors set within iron girders. Because of the demand for office space, Jones and the
Times other owners proposed erecting a taller building on the site of the
Times headquarters, rather than look for another site in Lower Manhattan, where available land was scarce. Furthermore, it would be extremely difficult to move the
Times printing presses to a temporary location, so such a building would have to be constructed while the existing structure kept operating. The existing floors were then shored up with wood; the old building's structural stability was retained because its floors rested on a
party wall with the Potter Building to the south and on the Spruce Street wall to the north, as well as upon internal partitions. The Spruce Street wall was demolished only after additional floor beams had been installed. By the next month, the facade of the building was completed.
Expansion Jones, who died in 1891, had believed the Times Building to be a monument to himself, having spent large sums on the project. The
Times Association gave ownership of 41 Park Row to a
holding company called the Park Company, from which the New York Times Publishing Company would lease the building. the paper was purchased by
Adolph Ochs in 1896, This prompted Ochs to acquire land for a new headquarters in Longacre Square (shortly thereafter renamed
Times Square) in 1901. In November 1902, two men were killed in a fire in 41 Park Row's basement. The fire had originated at a wooden partition erected for the construction of the
first line of the
city's subway system, which ran adjacent to the building's basement under Park Row. Sometime in 1903, plans for alterations were filed but not carried out. During the expansion, the facade was demolished above the 11th floor. The original 13th floor was demolished, the 13th-floor mezzanine became a full 13th floor, and three new floors were added. The 12th and 13th floors, and the 15th and 16th floors, were modeled with double-height triple arches, similar to the 10th and 11th floors. and that November, a passerby was killed by a falling beam. On January 1, 1905, the
Times moved to the newly completed
One Times Square. Afterward, four show windows were installed at the first floor, where the
Times publication offices had formerly been located. The expansion was completed by 1905. Businesses in other sectors also took space at the building. Minor modifications were also made to the ground-level storefronts in 1919, 1928, 1938, and 1941. and purchased the building three years later. A newer campus building,
1 Pace Plaza, was opened immediately to the north in 1970, though 41 Park Row still housed Pace University's graduate school. 41 Park Row also became known as Pace Plaza during the late 20th century. The building underwent further renovations starting in 1982, when the interior was restored in several phases of two floors each. On September 7, 2005, the New York Times Building was designated as a contributing property to the
Fulton–Nassau Historic District, a
National Register of Historic Places district. Pace University announced in February 2017 that it would extensively renovate 41 Park Row as part of a master plan for the university campus. Due to 41 Park Row's landmark status, Pace sought and obtained approval from the LPC. The renovations, designed by
FXFowle, included restoring the lower floors and adding an entrance on Spruce Street, which had been removed in the 1950s renovations. Work was completed in January 2019. Other phases of the expansion plan entail moving administrative offices from 41 Park Row. == Critical reception ==