Intro
Is cemented in both New York and U.S. History. Built during the Depression, the building was the centre of a competition between Walter Chrysler (Chrysler Corp.) and John Jakob Raskob (creator of General Motors) to see who could build the tallest building.
From the time the construction began on March 17, 1930, the building's steel frame rose at an average rate of four and a half floors per week. To speed construction, the building's posts, beams, windows and window frames were made in factories and put together on the site. 60,000 tons of steel was brought in from the steel mills in Pennsylvania, 310 miles away, by train, barges and trucks
Excavation Began: January 22, 1930
Construction Commenced: 17th March 1930
Framework rose at a rate of 4.5 stores per week.
Total Time: One year and 45 days including Sundays and holidays.
(Ahead of schedule).
Man Hours: 7,000,000
Total Cost: $40,948,900 (including land)
Building Alone: $24,718,000
(the onset of the Depression halved the anticipated cost of the building.)
Foundation; 55 feet (16.7 meters) below ground
Lobby: 47 feet (14.3 meters) above sea level
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