First Trust Company Building, United States historic place
The First Trust Company Building is a commercial structure completed in 1904 in Albany, New York, located at the corner of State Street and Broadway. Designed by architect Marcus T. Reynolds, it features a curved facade and a domed roof that distinguish it from surrounding buildings, with the main entrance positioned at the corner to emphasize its rounded form.
The building was constructed in 1904 for the Albany Trust Company, replacing an earlier rounded structure from the 1830s that occupied the same site. It was later added to the National Register of Historic Places and became part of the Downtown Albany Historic District, recognizing its importance to the city's architectural and financial heritage.
The building takes its name from the Albany Trust Company, which operated there as a center for financial services in the early 1900s. This connection to banking history shapes how locals view the structure as a symbol of the city's economic growth during that period.
The building is located at a central corner in Albany's commercial district, making it easily accessible on foot. Visitors can view it from the outside and observe the curved facade and architectural details, as it remains in active use today and can be seen while walking through downtown.
The building originally contained a large circular banking area inside designed to facilitate staff work and provide comfort to customers during financial transactions. Today it serves as the main offices of the Research Foundation of the State University of New York, giving the historic structure a new purpose in serving academic and research activities.
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