They took a ten-year lease of the ground and counted on reaping a fortune.
But like the other ventures the Tower was a failure.

It was sold under execution and destroyed by fire August 30, 1856, twenty-five months before the burning of the Palace.

In 1862 Union troops camped on the site of the latter building, and the ground became known in 1871 as Reservoir Park, which name was changed to Bryant Park in 1884.
Like other world-great cities, New York has many hearts.

The spot that means the very centre of things varies according to mood, occupation, and manner of life.

To high finance and those who play feverishly with it, the heart of the town is where Wall Street, running from Trinity Church down to the East River, is crossed by Nassau zigzagging into Broad.