Overshadowed today by its towering neighbors, the Greek Revival temple stands on what the New Yorker's Eric Homberger called "sacred ground for the making of the American republic" —where George Washington was inaugurated, where the first Congress convened, and where the flesh, including what would become the Bill of Rights, was placed on the bare bones of the Constitution (a forty-five-hundred-word document that never mentions the word "democracy") —during the 531 days when New York City was the nation's first capital. Even before that, it was the site of John Peter Zenger's trial, which provided the foundation for press freedoms; the Stamp Act Congress in 1765, where a formal coalition of the colonies was first suggested; and the Congress of the Confederation, from 1785 to 1789.The building would first be repurposed as a customs house, which, as New York dominated the nation's maritime trade, would generate most of the federal government's revenue by the mid-nineteenth century. Then the building would be transformed into a fortified branch of the United States Treasury, whose impregnable vaults would guard the largest repository of gold in the world.Its triple service-in the names of democracy, commerce, and capitalism-elevate Federal Hall to an unrivaled role in shaping the city's heritage. It symbolizes, the New York Times said, "Americas turbulent political babyhood and financial manhood. Decades after the new president and the first Congress reached one agreement after another on the enduring structure of the federal government, the diarist and former New York City mayor Philip Hone delivered a toast to the old Federal Hall that evoked the site's synonymy with the grand bargain: "It witnessed the greatest contract ever made in Wall Street." The national government's decision to decamp from Philadelphia and Trenton to New York, at least for the time being, was enthusiastically welcomed by the city's Common Council, which generously agreed to accommodate the out-of-towners by remodeling City Hall at Wall and Broad Streets. (The site was aptly named: Wall Street was the northern perimeter of where the Dutch stockade stood until the end of the seventeenth century; Broad Street was wider than most because it originally accommodated a canal that connected to the East River).
Constructed, 1703
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Around 1699, de Peyster donated part of his garden for the construction of a new city hall. That building was later renamed Federal Hall, which briefly served as the first capitol of the United States, and the site of the first inauguration of George Washington as president. It was replaced in 1842 with the Greek Renaissance structure that stands there today.
Commissioned, 1788
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Peter L'Enfant embarked on his first major professional project by enlarging and embellishing the seat of the city's government (from 92 by 52 feet to 95 by 145 feet) and grafting an anomalous two-story Doric portico and a pediment graced with an eagle, stars, and arrows onto what contemporary illustrations depict as a fairly unspectacular red-brick building that dated to 1699 (and supposedly incorporated wood recycled from the Dutch stockade). While Senator Daniel Patrick Moynihan said that public architecture is "the bone and muscle of democracy," the historian David McCullough called the remodeled Federal Hall "the first building in America designed to exalt the national spirit, in what would come to be known as the Federal style."Washington was inaugurated before a great crowd on April 30, 1789, and the city fathers proudly began building an executive mansion fit for a president. But barely a year after Washington was sworn in, Alexander Hamilton sold the city down the river (literally). He traded southern votes in Congress to assume state war debts for northern assent to transplant the capital to a swamp on the Potomac. The ungrateful federal elected officials and their fellow travelers left, first for Philadelphia and, ten years later, for Washington. Still, serving as the capital under the Continental Congress beginning in 1785 and as the first capital of the United States in 1789, however briefly, spurred the city's recovery after seven disastrous years of British occupation and the 1776 fire. (The city of New York fared far better than L'Enfant. After rejecting George Washington's initial offer of ten acres of land for his services, L'Enfant later petitioned the city for the land or for the equivalent remu-neration. The city offered $750; again, he declined. In 1820, when he desperately appealed for any compensation whatsoever, the city refused to even consider his request. He died penniless.) If historic preservationists registered any outcry at the time, it was not loud enough to save the original Federal Hall, which New York City's government repossessed when Congress departed. Finished in 1704, it was falling apart by 1812. With barely any recorded objection or a campaign to restore the relic, it was wantonly demolished, to be replaced by the new City Hall farther uptown. A few artifacts were presciently salvaged and dispatched, for reasons unknown, to the grounds of Bellevue Hospital on the East River (where they were preserved by the commissioners of Charities and Correction). Most of the detritus was sold for scrap.