George B. Post designed the building for Joseph Pulitzer, owner of the New York World. The cornerstone was laid on October 10, 1889, and it was formally completed on December 10, 1890. Horace Trumbauer designed a William Street annex and renovation in 1907 to 1908.
The style was Renaissance Revival with some Venetian detail. The facade was red sandstone below and buff brick and terracotta above, with red granite columns and a copper dome. Inside were wrought-iron columns, steel girders and hollow concrete block arches. The dome reached 309 feet (94 m), or 350 feet (110 m) with the spire.
Floor counts conflict: contemporary media said 18 stories, Emporis said 20, and the paper itself said 26 including basements. Demolition ran from 1955 to 1956 to make way for Brooklyn Bridge approach ramps.

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