Early development Dutch colonial era Stone Street is one of New York's oldest streets, having been built not long after the
Dutch West India Company established New Amsterdam in 1624. It contains parts of two colonial streets:
Breuers Straet ("Brewers Street"), from Whitehall to Broad Streets, and
Hoogh Straet ("High Street"), from Broad to Hanover Square. The streets formed a longer road running from
Peck Slip Ferry at what is now
South Street Seaport; they were originally connected by a bridge spanning an inlet in the middle of Broad Street. The original street surface is about beneath the modern street. Breuers Straet (renamed
Straet van de Graft in 1655 and
Brouwer Straet by 1668 David T. Valentine subsequently wrote that, from the occupations of the residents, "it is to be inferred that this was one of the best streets of the town". The petition was approved and, in 1658, Breuers Straet became the first cobbled street in New Amsterdam. Hoogh Straet was so named because it was on a low embankment flanked by the East River to the south and a swamp, called Bloemmaert's or the Company Vly, to the north. Hoogh Straet continued northeast of Hanover Square, along what is now the northern side of
Pearl Street, to modern-day
Wall Street; and Breuers Straet became Stony (Stone) Street by 1695. By the late 17th century, High Street had become known as the "English Quarter" after many British merchants moved to the area, attracted by its proximity to the
Coenties Slip fish market and Old Slip meat market. Artisans, merchants, and printer
William Bradford were recorded as residents in 1703. At least eight high-profile colonial families owned land in the surrounding area, and several Jewish families were also recorded as landowners. High Street was called Duke Street, for the Duke of York, during most of the 18th century. The street surface was graded in 1771. Following the
American Revolutionary War, New Yorkers sought to change the names of locales and structures that reflected British rule. Subsequently, Duke Street was renamed Stone Street in 1794. The street was also widened during this time. By the 1820s, some structures on Stone Street were being built specifically for commercial use; these were likely made of brick with brownstone trimming. At the time, the street's sidewalk contained brownstone slabs and bluestone-tiled
curbs. In addition, there were complaints the street was dirty, as the wooden sewers frequently needed to be replaced or fixed. A brick and stone sewer was authorized in 1830, and funds to build the new sewers and repave the street were issued in 1831. The fire covered and destroyed almost 700 buildings in the
First Ward. Immediately after the fire, real estate prices in the neighborhood increased drastically, prompting the area's wealthy residents to sell off their land. Over 600 new buildings were built in the First Ward in 1836, including numerous four-story Greek Revival commercial buildings on Stone Street. The designs of Stone Street's Greek Revival buildings were devised by professional architects, who either sold the plans to builders or supervised the construction themselves. Specific architects and builders have not been identified for any particular structure. Residents petitioned the city government to widen Stone Street in 1835, The work was completed at an unknown date, bringing the street's width to . A layer of fill was added during this project, raising the level of Stone Street. The
Italianate-style brownstone building at
1 Hanover Square, on the southern sidewalk of Stone Street at the street's eastern end, was completed in 1854 and was gradually expanded into three of the neighboring commercial buildings through the 1910s. Relatively few modifications were made to buildings on Stone Street during the late 19th century, and most of the street's commercial buildings were still four stories tall. During the 1890s, mid-rise buildings of six to eight stories were built or expanded at 22, 31–35, and 54 Stone Street. Amos R. Eno's son, Amos F. Eno, hired
C. P. H. Gilbert in 1903 to remodel the building at 57 Stone Street in the
Dutch Colonial Revival style and, in 1908, rehired Gilbert for a similar renovation at 55 Stone Street. Between these two renovations merchant Henry Schaefer hired
Edward L. Tilton to redesign 53 Stone Street in the same style. Other major structures in the area included an 18-story building at 24–26 Stone Street, built around 1905. as well as an 11-story building at
1 William Street, completed in 1907. Following World War I, numerous mid-rise buildings were built on Stone Street, some of which were erected by marine insurance companies. Underwriting firm Chubb & Son hired Arthur C. Jackson in 1919 to design a
neo-Renaissance facade for the existing structure at 54 Stone Street. William H. McGee & Company hired William Neil Smith to design a neo-Gothic office building at 59–61 Stone Street and a private club called the Block Hall at 45–47 Stone Street. and was replaced with a six-story building in 1930. In the late 1950s and early 1960s, two skyscrapers were completed at the western end of Stone Street, although neither structure had its main address on the street. The 32-story structure at
2 Broadway was completed in 1959 at the northeastern corner of Stone and Whitehall Streets, while the 23-story structure at 1 Whitehall Street was completed in 1962 at the southeastern corner of the same intersection. Financial firm
Lehman Brothers purchased the site bounded by Broad, South William, and Pearl Streets and Coenties Alley during the late 1960s. The firm wanted to close Stone Street to make way for a 38-story headquarters. The site was cleared, but amid a poor real estate market, the building plan was scrapped in 1970 and the vacant lot became parking space. In subsequent years, the vacant block of Stone Street had become neglected and was accumulating trash.
Splitting and restoration Archeologists started excavating the vacant Lehman site, the
Stadt Huys Block, in 1979 after development resumed on the site. The following year, the site's owner Galbreath-Ruffin started developing the 30-story tower at 85 Broad Street. To make way for the skyscraper, the block of Stone Street from Broad Street to Coenties Alley was closed in 1980 and subsequently removed. Following pressure from the
New York City Landmarks Preservation Commission (LPC) and
New York City Planning Commission (CPC), the building's footprint was relocated to preserve Stone Street's path. That structure was completed in 1983. Some structures were also demolished or reduced in size during this time. In 1996, the LPC designated the eastern portion of the street and the surrounding buildings as the Stone Street Historic District. The historic district was also added to the
National Register of Historic Places (NRHP) in 1999. The LPC, city agencies, and Downtown Alliance collectively contributed $1.8 million toward the renovation of Stone Street, while the street's property owners donated $170,000 for the restoration of basement vaults beneath the sidewalk. == Architecture ==