The first building, built 1984 - 1986 and completed in March 1987, collapsed on September 11, 2001 in the September 11th terrorist attacks. It had 47 floors and was 174 meters in height. The architect was Emery Roth & Sons. The building stood north of the main World Trade Center complex, across Vesey Street.

The second building, a rebuilt replacement for the original, is to be complete by the end of 2005. The building will be 52 floors but with a narrower footprint at ground level than its predecessor as the course of Greenwich Street will be restored. The architect was Skidmore, Owings and Merrill.