In June 2000, the New York Times company and real estate developer Forest City Ratner Companies projected their plans to establish and build a building on New York City’s 8th avenue between 40th and 41st street. This building was planned to house The New York Times and other famous tenants. Renzo Piano was chosen to develop this building in a competition that hosted many other architects.

On November 19th, 2007, the grand opening of the building took place. The building is constructed to have 52 floors converted with glass and steel structure to reinforce the construction and to maintain its culture of transparency. The New York Times occupy the first 28 floors while the other 24 floors are used by law firms and real estate. This building is one of many famous architecture from the Italian, Renzo Piano.