Tontine Coffee House, Financial meeting house in Wall Street, New York, United States.
The Tontine Coffee House was located at 82 Wall Street and featured red brick construction with neoclassical elements, multiple windows, and a sloped roof. The building served as a center for auctions, business meetings, and evening gatherings until its closure.
The building was founded in 1793 through the sale of 203 shares and became the first home of what would eventually develop into the New York Stock Exchange. Its establishment marked a turning point in the city's organized financial trading history.
This coffee house served as a gathering place where merchants, politicians, and traders met to discuss business and exchange information daily. People from different trades built relationships here and explored new commercial opportunities together.
The building was situated at a central location on Wall Street, making it easily accessible for business people. Visitors should know this historic financial building is no longer in operation and can only be viewed from the outside today.
The building was known for an unusual investment structure where shares of deceased investors were distributed to the remaining shareholders. This meant dividends automatically increased for survivors with each passing of an investor.
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