20 Exchange Place, originally the City Bank–Farmers Trust Building, is a skyscraper in the Financial District of Lower Manhattan, New York City. Completed in 1931, it was designed by Cross & Cross as the headquarters of the City Bank–Farmers Trust Company, predecessor of Citigroup. Rising about 741 feet (226 m) with 57 usable stories, it was one of the city's tallest buildings and the world's tallest stone-clad building upon its completion. Plans to build it as the world's tallest building were scaled back because of the Great Depression.