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64-400: The Commons is shaped like an inverted T. It consists of a two-block segment of State Street between Cayuga and Aurora Streets lined with shops, galleries, restaurants, and bars, and a smaller one-block segment, "Bank Alley," extending north up Tioga Street to Seneca Street, that is home to several banks and financial institutions. Many of the buildings are mixed-use, with apartments or offices on

128-478: A direct air capture startup company, for an undisclosed price. The company's 3 divisions are as follows: Morgan Stanley's Institutional Securities is the most profitable business segment. This business segment provides institutions with investment banking services such as capital raising and financial advisory services such as mergers and acquisitions advisory, restructurings, real estate and project finance, and corporate lending. The segment also encompasses

192-696: A $ 1.4 billion settlement of a suit brought by Eliot Spitzer , the Attorney General of New York , the National Association of Securities Dealers (now the Financial Industry Regulatory Authority (FINRA)), the United States Securities and Exchange Commission (SEC), and a number of state securities regulators, relating to intentionally misleading research motivated by a desire to win investment banking business with

256-538: A 42% slide in its share price in two days. CEO John J. Mack wrote in a memo to staff "we're in the midst of a market controlled by fear and rumours and short-sellers are driving our stock down." By September 19, 2008, the share price had slid 57% in four days, and the company was said to have explored merger possibilities with CITIC , Wachovia , HSBC , Standard Chartered , Banco Santander and Nomura . At one point, Hank Paulson offered Morgan Stanley to JPMorgan Chase at no cost, but JPMorgan's Jamie Dimon refused

320-674: A US$ 9 billion physical check, the largest amount written via physical check at the time. The physical check was accepted by Robert A. Kindler , Global Head of Mergers and Acquisitions and Vice Chairman of Morgan Stanley, at the offices of Wachtell Lipton . Concerns over the completion of the Mitsubishi deal during the October 2008 stock market volatility caused a dramatic fall in Morgan Stanley's stock price to levels last seen in 1994. It recovered once Mitsubishi UFJ's 21% stake in Morgan Stanley

384-466: A deal announced in October 2020. With the addition of Eaton Vance, Morgan Stanley now had $ 5.4 trillion of client assets across its Wealth Management and Investment Management segments. Morgan Stanley is mainly owned by institutional investors, who own around 60% of shares. The largest shareholders in December 2023 were: In 2003, Morgan Stanley agreed to pay $ 125 million to settle its portion of

448-413: A highly public campaign by former Morgan Stanley partners threatened to damage the firm and challenged his refusal to aggressively increase leverage, increase risk, enter the sub-prime mortgage business and make expensive acquisitions; the same strategies that forced Morgan Stanley into massive write-downs, related to the subprime mortgage crisis , by 2007. On December 19, 2006, Morgan Stanley announced

512-491: A kitchen, bathroom, and living room area. CollegeNow is the college's concurrent enrollment program. Tompkins Cortland works with school districts in Central New York allowing high school students to earn college credit while taking classes in high school. The college partners with several institutions in foreign countries. The agreements allow international students the opportunity to study in their home institution during

576-456: A large, open paved area with seating. More temporary repairs were made to the Commons in 2008. In 2009, the city commissioned landscape architecture firm Sasaki Associates to do a complete redesign, with a more open central lane, "patterned pavement, varied and movable seating, improved performance spaces, energy-efficient lighting, an outdoor reading area and a small playground." The old Commons

640-535: A partnership with Longchamp Asset Management, a French-based asset manager that specializes in the distribution of UCITS hedge funds, and La Française AM, a multi-specialist asset manager with a 10-year track record in alternative investments. In March 2018, Morgan Stanley acquired Mesa West, a leading U.S. commercial real estate credit platform, adding to its existing investment strategies and product offerings across real assets and private credit. In March 2021, Morgan Stanley completed its acquisition of Eaton Vance ,

704-491: A restaurant located on the Commons) proposed removing the Commons and opening up the two-block portion of State Street to automobile traffic. At the turn of the century, the Commons's fortune began to turn around, due to increased investment and the rise of New Urbanism . The Downtown Ithaca Alliance , a business improvement district , was created in 1997 to revitalize the Commons and its surroundings. The vacant former Woolworths

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768-458: A vacant triangular lot at the eastern end of the Commons. The hotel opened in November 2016. In 2013, a local developer proposed replacing three buildings on the Commons with modern retail spaces, three stories of office space, and an eleven-story apartment tower. The project, named "Harold's Square," would also result in the historic rehabilitation of the 19th-century Sage Block building. The project

832-940: Is part of the State University of New York system. The college was founded in 1967 and opened in 1968 in Groton , New York. The college moved to its current Dryden, New York campus in 1974. A multimillion-dollar construction project completed in 2007 added a new athletics facility, a student center, and expanded and enhanced the college's library. Tompkins Cortland Community College offers more than 40 degree and certificate programs, including biology, biotechnology, business administration, communication and media arts, computer sciences, construction technology, creative writing, criminal justice, culinary arts, engineering science, hotel and restaurant management, liberal arts and sciences, nursing, paralegal, photography, sport management, sustainable farming and food systems, and wine marketing. About half of

896-467: The 2007–2008 financial crisis . In March 2021, Morgan Stanley completed its acquisition of Eaton Vance , a deal announced in October 2020. With the addition of Eaton Vance, Morgan Stanley now had $ 5.4 trillion of client assets across its Wealth Management and Investment Management segments. The firm conducted layoffs in December 2022, and Bloomberg announced the firm expected more layoffs in mid-2023. On May 2, 2023, an individual familiar with

960-503: The Glass–Steagall Act , which required the splitting of American commercial and investment banking businesses. In its first year, the company operated with a 24% market share (US$ 1.1 billion) in public offerings and private placements . The current Morgan Stanley is the result of the merger of the original Morgan Stanley with Dean Witter Discover & Co. in 1997. Dean Witter's chairman and CEO, Philip J. Purcell , became

1024-849: The Mid-State Athletic Conference . TC3 offers men's cross country, soccer, basketball, baseball, lacrosse, and golf and women's cross country, soccer, basketball, softball, and golf. The college offers a lighted turf soccer/lacrosse field, a 1,500-seat gymnasium, an 18,000-square-foot (1,700 m ) field house, and on-campus baseball and softball parks. The men's soccer and golf programs and the women's soccer and softball programs are routinely nationally ranked. Dozens of former TC3 student-athletes have gone on to play at four-year institutions, often earning scholarships. Former Panthers have continued their playing careers at places like Drake University , Wofford College , Post University , SUNY New Paltz , Cortland State , and Ithaca College . In 2009

1088-462: The U.S. Congress passed the Glass–Steagall Act in 1933, it was no longer possible for a corporation to have investment banking and commercial banking businesses under a single holding entity. J.P. Morgan & Co. chose the commercial banking business over the investment banking business. As a result, some of the employees of J.P. Morgan & Co., most notably Henry S. Morgan and Harold Stanley , left J.P. Morgan & Co. and joined others from

1152-703: The World Trade Center , and was the largest tenant of the WTC complex. Most of these offices had been inherited from Dean Witter which had occupied the space since the mid-1980s. The firm lost 13 employees during the September 11 attacks in 2001 (Thomas F. Swift, Wesley Mercer, Jennifer de Jesus, Joseph DiPilato, Nolbert Salomon, Godwin Forde, Steve R. Strauss, Lindsay C. Herkness, Albert Joseph, Jorge Velazquez, Titus Davidson, Charles Laurencin and Security Director Rick Rescorla ) in

1216-475: The Commons re-opened, at a total cost of $ 15 million. In 2012, a stainless steel and bronze sculpture of Martin Luther King Jr. was unveiled at the western end of the Commons. The sculpture, by Rob Licht, depicts a portrait bust of King with an abstracted image of a waterfall. The base of the statue is etched with a quotation from King. In late 2015, construction began on a new, ten-story Marriott hotel on

1280-406: The Commons with a new home for independent movie theatre Cinemapolis , an Urban Outfitters , two buildings of luxury apartments, and a new multi-level parking garage with first-floor retail. Another luxury apartment building, Gateway Commons , was completed nearby in 2007. But the Commons' aging infrastructure started to cause problems. In the late 1990s, an ad hoc city committee formed to discuss

1344-416: The Commons. By the 1960s, the rise of car culture, suburbs, and urban renewal had severely hurt downtown Ithaca. Many storefronts were empty, and many historic buildings had been torn down and replaced with vacant lots. In 1971, newly elected Mayor Ed Conley, "pulling on a 1950s-era suggestion from a Cornell city planning student", proposed converting several blocks of State Street into a pedestrian mall. At

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1408-522: The Drexel partners to form Morgan Stanley. The firm formally opened its doors for business on September 16, 1935, at 2 Wall Street , New York City, just down the street from J.P. Morgan. The firm was involved with the distribution of 1938 US$ 100 million (~$ 1.7 billion in 2023) of debentures for the United States Steel Corporation as the lead underwriter . The firm also obtained

1472-707: The Equities and the Fixed Income divisions of the firm; trading is anticipated to maintain its position as the "engine room" of the company. Among the major U.S. banks, Morgan Stanley sources the highest portion of revenues from fixed-income underwriting, which was reported at 6.0% of total revenue in FY12. The Global Wealth Management Group provides stockbrokerage and investment advisory services. This segment provides financial and wealth planning services to its clients, who are primarily high-net-worth individuals. On January 13, 2009,

1536-572: The Global Wealth Management Group was merged with Citi's Smith Barney to form Morgan Stanley Smith Barney. Morgan Stanley owned 51% of the entity, and Citi held 49%. On May 31, 2012, Morgan Stanley exercised its option to purchase an additional 14% of the joint venture from Citi. In June 2013, Morgan Stanley stated it had secured all regulatory approvals to buy Citigroup's remaining 35% stake in Smith Barney and would proceed to finalize

1600-575: The Ithaca Common Council. 42°26′22″N 76°29′50″W  /  42.43945°N 76.4972°W  / 42.43945; -76.4972 Tompkins Cortland Community College Tompkins Cortland Community College ( TC3 ) is a public community college in Dryden, New York . It is supported by Cortland and Tompkins Counties and has extension sites that are located in Ithaca and Cortland . It

1664-591: The Morgan & Cie, International in Paris in an attempt to enter the European securities market. The firm acquired Brooks, Harvey & Co., Inc. in 1967 and established a presence in the real estate business. The sales and trading business is believed to be the brainchild of Bob Baldwin. In 1996, Morgan Stanley acquired Van Kampen American Capital. On February 5, 1997, the company merged with Dean Witter Discover & Co. ,

1728-538: The Morgan Stanley and Van Kampen brands until 2009. On October 19, 2009, Morgan Stanley announced that it would sell Van Kampen to Invesco for $ 1.5 billion (~$ 2.07 billion in 2023), but would retain the Morgan Stanley brand. It provides asset management products and services to institutional investors worldwide, including pension plans, corporations, private funds, non-profit organizations, foundations, endowments, governmental agencies, insurance companies and banks. On September 29, 2013, Morgan Stanley announced

1792-648: The Tompkins Cortland students transfer to a four-year college, with Binghamton University , Cornell University , Cortland State , Ithaca College , Niagara University , and the Rochester Institute of Technology being some of more popular transfer options. The college sponsors 11 intercollegiate athletic teams. The Panthers compete as a Region III member of the National Junior College Athletic Association (NJCAA) and as part of

1856-525: The US$ 250 ;million AT&T's debt offering. Morgan Stanley credits itself with having created the first viable computer model for financial analysis in 1962, thereby starting a new trend in the field of financial analysis. Future president and chairman Dick Fisher contributed to the computer model as a young employee, learning the Fortran and COBOL programming languages at IBM . In 1967, it established

1920-456: The area. In December 2015, it was reported that Morgan Stanley would be cutting around 25 percent of its fixed income jobs before month end. In January 2016, the company reported that it had offices in "more than" 43 countries. In October 2020, the company completed its acquisition of E*Trade , a deal announced in February 2020 for $ 13 billion, the biggest acquisition by a U.S. bank since

1984-841: The chairman and CEO of the newly merged "Morgan Stanley Dean Witter Discover & Co." The new firm changed its name back to "Morgan Stanley" in 2001. The main areas of business for the firm today are institutional securities , wealth management and investment management . The bank is considered systemically important by the Financial Stability Board . Morgan Stanley is a financial services corporation that, through its affiliates and subsidiaries, advises, and originates, trades, manages, and distributes capital for institutions, governments, and individuals. The company operates in three business segments: Institutional Securities, Wealth Management, and Investment Management. Morgan Stanley traces its roots to J.P. Morgan & Co. After

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2048-614: The companies covered. In 2004, Morgan Stanley settled a sex discrimination suit brought by the Equal Employment Opportunity Commission for $ 54 million (~$ 83.5 million in 2023). In 2007, the firm agreed to pay $ 46 million (~$ 65.1 million in 2023) to settle a class action lawsuit brought by eight female brokers. In July 2004, the firm paid NASD a $ 2.2 million (~$ 3.4 million in 2023) fine for more than 1,800 late disclosures of reportable information about its brokers. In September 2004,

2112-788: The deal. In February 2019, the company announced the acquisition of Solium Capital, a manager of employee stock plans, for $ 900 million (~$ 1.06 billion in 2023). In October 2020, the company completed its acquisition of E-Trade , a deal announced in February 2020 for $ 13 billion, the biggest acquisition by a U.S. bank since the 2007–2008 financial crisis . Investment Management provides asset management products and services in equity, fixed income, alternative investments, real estate investment, and private equity to institutional and retail clients through third-party retail distribution channels, intermediaries and Morgan Stanley's institutional distribution channel. Morgan Stanley's asset management activities were principally conducted under

2176-552: The distinction of being the lead syndicate in the 1939 U.S. rail financing. The firm went through a reorganization in 1941 to allow for more activity in its securities business. The firm was led by Perry Hall, the last founder to lead Morgan Stanley, from 1951 until 1961. During this period, the firm co-managed the World Bank's triple-A-rated bonds offering of 1952, as well as coming up with General Motors ' US$ 300 million debt issue, US$ 231 million IBM stock offering, and

2240-487: The firm paid a $ 19 million (~$ 29.4 million in 2023) fine imposed by NYSE for failure to deliver prospectuses to customers in registered offerings, inaccurate reporting of certain program trading information, short sale violations, failures to fingerprint new employees and failure to timely file exchange forms. The New York Stock Exchange imposed a $ 19 million (~$ 28.5 million in 2023) fine on January 12, 2005, for alleged regulatory and supervisory lapses. At

2304-536: The firm's clients include corporations, governments, institutions, and individuals. Morgan Stanley ranked No. 61 in the 2023 Fortune 500 list of the largest United States corporations by total revenue and in the same year ranked #30 in Forbes Global 2000 . The original Morgan Stanley, formed by J.P. Morgan & Co. partners Henry Sturgis Morgan (a grandson of J.P. Morgan ), Harold Stanley , and others, came into existence on September 16, 1935, in response to

2368-580: The future of the Commons. Their report, "Renewing the Design of the Ithaca Commons: The Report of The Commons Design Review Committee," was released in April 1999, and led to a $ 127,000 capital project. The project consisted largely of maintenance work, although it also paid for the removal of a large, brutalist fountain that had been turned off for years due to leaky plumbing. The fountain was replaced with

2432-619: The judge as a sanction against Morgan Stanley after the firm's attorneys infuriated the court by failing and refusing to produce documents, and falsely telling the court that certain documents did not exist. The ruling was overturned on March 21, 2007, and Morgan Stanley was no longer required to pay the $ 1.57 billion (~$ 2.22 billion in 2023) verdict. Morgan Stanley settled a class-action lawsuit on March 2, 2006. It had been filed in California by both current and former Morgan Stanley employees for unfair labor practices instituted to those in

2496-413: The matter reported that Morgan Stanley has outlined its intention to reduce approximately 3,000 positions by the end of June. The projected reduction constitutes roughly 5 percent of the bank's overall workforce, with financial advisors and support staff exempted from these staff cuts. In October 2024, Morgan Stanley entered into a 40,000-tonne carbon dioxide removal purchase agreement with Climeworks ,

2560-567: The name after a visit to the Boston Common. It faced immediate competition, with the Ithaca area's first mall opening the next year in Lansing . In 1981, several vacant lots created by urban renewal were filled by the construction of Center Ithaca , a large mixed-use building with first-floor retail, an indoor food court connected to the Commons, and upper-floor offices and apartments. Together with

2624-500: The name was chosen to be the combination of the two predecessor companies to avoid tension between the two firms. Eventually, in 2001 "Dean Witter" was further dropped and the name became "Morgan Stanley" for unrevealed reasons. The merged firm began expanding overseas operations: in 1999, Mack set up a joint venture in India with local partner JM Financial . Morgan Stanley had offices located on 35 floors across buildings 1, 2, and 5 of

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2688-599: The new subsidiary. Aisha de Sequeira , a managing director in the Mergers and Acquisitions group, was made Head of Investment Banking. To cope with the write-downs during the subprime mortgage crisis, Morgan Stanley announced on December 19, 2007, that it would receive a US$ 5 billion capital infusion from the China Investment Corporation in exchange for securities that would be convertible to 9.9% of its shares in 2010. The bank's Process Driven Trading unit

2752-598: The offer. Morgan Stanley and Goldman Sachs , the last two major investment banks in the US, both announced on September 22, 2008, that they would become traditional bank holding companies regulated by the Federal Reserve . The Federal Reserve's approval of their bid to become banks ended the ascendancy of securities firms, 75 years after Congress separated them from deposit-taking lenders, and capped weeks of chaos that sent Lehman Brothers Holdings Inc. into bankruptcy and led to

2816-570: The opportunity to learn in a different culture through a handful of study abroad options. Students and community members have the chance to take faculty-led trips to Puerto Rico , Cambodia , Colombia , Ireland , Italy , Nicaragua , and Spain . Morgan Stanley Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in Midtown Manhattan , New York City. With offices in 41 countries and more than 90,000 employees,

2880-574: The regular academic year and in the United States at Tompkins Cortland for two semesters, either in the summer or during the traditional academic year. Through a combination of transfer credits and study in the United States students may receive complementary degrees from their home university and at Tompkins Cortland. All courses at Tompkins Cortland are taught in English. Tompkins Cortland students have

2944-493: The rest of Upstate New York , the Commons suffered through the 1990s with many empty storefronts. Rothschilds, a local department store, closed in the early 1980s, and its successors, Iszards (the only store outside of the Elmira area) and a McCurdy's store, closed in the mid-1990s. A McDonald's and a CVS also closed on the Commons in the mid-90s, and a block away, a Woolworths store closed in 1998. Then-Mayor Alan Cohen (owner of

3008-406: The rushed sale of Merrill Lynch & Co. to Bank of America Corp. MUFG Bank , Japan's largest bank, invested $ 9 billion in a direct purchase of a 21% ownership stake in Morgan Stanley on September 29, 2008. The payment from MUFG was supposed to be wired electronically; however, because it needed to be made on an emergency basis on Columbus Day when banks were closed in the US, MUFG cut

3072-640: The softball team won the NJCAA Division III National Championship. In 2008, men's golfer Kris Boyes won the NJCAA Division III Individual National Championship. In 2018, men's golfer Dan Lapp won the NJCAA Division III Individual National Championship. Tompkins Cortland Biz is the college's business development and training center. Biz works with regional businesses and organizations to design and develop training programs, often helping secure funding for

3136-460: The spin-off of its Discover Card unit. The bank completed the spinoff of Discover Financial on June 30, 2007. In February 2007, Morgan Stanley announced the end of its Indian joint venture: the bank acquired its local partner's stake in the institutional brokerage business, and sold its own stake in the other businesses. The bank then set up a wholly-owned subsidiary; the country head of Investment Management, Narayan Ramachandran, became CEO of

3200-410: The spun-off financial services business of Sears Roebuck . Dean Witter's chairman and CEO, Philip J. Purcell , continued to hold the same roles in the newly merged "Morgan Stanley Dean Witter Discover & Co." Morgan Stanley's president John J. Mack became the firm's president and chief operating officer. In 1998, the name of the firm was changed to "Morgan Stanley Dean Witter & Co." Originally,

3264-455: The time, it was the largest fine ever imposed by the NYSE. On May 16, 2005, a Florida jury found that Morgan Stanley failed to give adequate information to Ronald Perelman about Sunbeam thereby defrauding him and causing damages to him of $ 604 million (~$ 906 million in 2023). In addition, punitive damages were added for total damages of $ 1.450 billion. This verdict was directed by

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3328-483: The time, many small towns in the United States were experimenting with using pedestrian malls to revive downtowns. Formal design began in 1972, under the direction of local architect Anton J. Egner. Construction began in 1974, and the Commons opened in 1975. It cost $ 1.13 million The name "The Commons" was the winning entry in a community-wide "name the mall" contest, and a prize of $ 1,000 in cash and gift certificates went to Ithaca High School senior Bill Ryan who had entered

3392-590: The towers, while 2,687 were successfully evacuated by Rick Rescorla. The surviving employees moved to temporary headquarters in the vicinity. In 2005 Morgan Stanley moved 2,300 of its employees back to lower Manhattan , at that time the largest such move. In 2003, New York–Presbyterian Hospital named the Morgan Stanley Children's Hospital in recognition of the firm's sponsorship of the hospital, which largely funded its construction through philanthropy. The initiative began under CEO Philip J. Purcell and

3456-686: The training. In addition to customized training, a complete schedule of dozens of non-credit professional development programs is offered to individuals. Both on-campus and online classes are offered to help people learn skills needed to improve their positions in the workforce. Tompkins Cortland was one of the first community colleges in New York to offer on-campus housing, beginning its residential life program in 1999 with two buildings. The program has grown to now include seven buildings and more than 800 bedrooms. The residence halls are all apartment style, with each apartment including three or four private bedrooms,

3520-475: The upper floors. Tompkins Cortland Community College has a small satellite campus on the Commons. During the summer, local musicians and other entertainers put on free concerts and performances, including at the Bernie Milton Pavilion named after local musician Bernie Milton . The Commons is also used for many political protests, rallies, and speeches. The Commons hosts several festivals throughout

3584-437: The world. In November 2013, Morgan Stanley announced that it would invest $ 1 billion (~$ 1.29 billion in 2023) to help improve affordable housing as part of a wider push to encourage investment in efforts that aid economic, social and environmental sustainability. In July 2014, Morgan Stanley's Asian private equity arm announced it had raised around $ 1.7 billion (~$ 2.16 billion in 2023) for its fourth fund in

3648-700: The year, including Ithaca's main annual festival, the Ithaca Festival in early June. A scale model of the Solar System , the Sagan Planet Walk , begins in the Commons. The Planet Walk is named after famed Cornell University astronomer Carl Sagan , and stretches 3/4 mile from to the Sciencenter . The inner ring planets all fit on a short section of Bank Alley. The two main hubs of Tompkins Consolidated Area Transit (TCAT) 's bus network are located adjacent to

3712-542: Was among several on Wall Street caught in a short squeeze , reportedly losing nearly $ 300 million in one day. The bubble's subsequent collapse was considered to be a central component of the 2007–2008 financial crisis . The bank was contracted by the United States Treasury in August 2008 to advise the government on potential rescue strategies for Fannie Mae and Freddie Mac . Within days, Morgan Stanley itself

3776-476: Was at risk of failure, with rapidly changing prospects, regulatory model and ownership stakes over the course of four weeks from mid-September to mid-October 2008. The bank Morgan Stanley was reported to have lost over 80% of its market value during the 2007–2008 financial crisis . On September 17, 2008, the British evening-news analysis program Newsnight reported that Morgan Stanley was facing difficulties after

3840-465: Was completed on October 14, 2008. Morgan Stanley borrowed $ 107.3 billion from the Fed during the 2008 crisis, the most of any bank, according to data compiled by Bloomberg News Service and published August 22, 2011. In 2009, Morgan Stanley purchased Smith Barney from Citigroup and the new broker-dealer operates under the name Morgan Stanley Smith Barney , the largest wealth management business in

3904-511: Was completed under John Mack . Employees at the firm have been involved with the hospital since the 1990s and personally donated to the construction of the current child-friendly building, which opened in November 2003. The company found itself in the midst of a management crisis starting in March 2005 that resulted in a loss of the firm's staff. Purcell resigned as CEO of Morgan Stanley in June 2005 when

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3968-428: Was demolished in April 2013. The reconstruction was originally planned to take 18 months and cost $ 9.5 million. But a series of problems, including a poorly-documented existing conditions, poorly-drawn plans, poor coordination with NYSEG , and mayhem caused by a runaway truck, caused the project to go long over schedule and budget. Many business owners reported dramatically decreased sales and foot traffic. In August 2015,

4032-404: Was expected to be completed in summer 2019, but was still under construction in August 2020, when the developer sued the city in an effort to stop another project in the area, concerned that they would lose revenue due to competition for parking. In 2022, a building that once housed Firebrand Books - a building on the Commons, at 143 East State Street - was designated a local historic landmark by

4096-538: Was renovated into the new home of the Tompkins County Public Library in 2000. In 2005, Seneca Place , a large mixed-use building incorporating retail, a Hilton Garden Inn , office space for Cornell University and Morgan Stanley , and the Ithaca area's first Starbucks opened adjacent to the Commons. Between 2003 and 2015, the Cayuga Green project replaced several lots of surface parking adjacent to

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