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IN THE NEWS
TOUR OF THE MONTH
ON THIS DAY IN LONDON
27th June 1958 Harry Burrell flies KC-135 record (5:27:42.8) NY to London
27th June 1907 Born today: Valerie Cossart, London, actress (Hartmans)
27th June 1693 1st woman's magazine Ladies' Mercury published (London)
Koolhaas' Rothschild HQ
The famous bank has a brand new striking building in the City.
Location: New Court, St Swithin's Lane, EC4N 8AL
Description: Rothschild have occupied this banking site, currently three buildings, on St Swithins Lane since 1812 giving them one of the oldest pedigrees in the City of London that dates back to the commissions they earned on payments during the Napoleonic Wars. In 1809 Nathan Mayer Rothschild moved to London to found one of the 19th century's biggest financial empires.
In 2011 their fourth building on this site was completed, replacing the 1960's headquarters.
Koolhaas's white office block backs on to one of the most important monuments in the City: Christopher Wren's St Stephen Walbrook, a hugely influential church completed in 1679.
One of OMA's stated aims in the project was to instate a relationship between St Swithin's Lane and the churchyard, and they achieved this by lifting the bulk of the building off the ground, so that pedestrians can pass through unimpeded underneath.
The Sky Pavilion, the four-storey box on the roof of the main block will accommodate spectacular dining rooms and a Panorama Room for the bank's use.
The Rothschild financial power and nouse meant that in 1825 they were able to supply enough coinage to the Bank of England to prevent a financial crisis.
The bank also provided the 15m gilt issue that was needed to pass the Slavery Abolition Act in 1833.