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In the summer of 1929, a "race for the sky" broke out on the island of Manhattan. Automobile tycoon Walter Chrysler battled Wall Street powerhouse Bank of Manhattan Trust Company for the title of world's tallest building in what many historians consider to be the most intense race in skyscraper history. In the spring of 1930, just when it appeared that the bank might capture the coveted title, a small crew jacked a needle-thin spire hidden in Chrysler's building through the top of the crown to claim the title of world's tallest at 1,046 feet. Not only was the Chrysler Building the world's tallest structure, it was also one of the most decorated office buildings in the world. Chrysler wanted "a bold structure, declaring the glories of the modern age" -- and he got it. He decorated his skyscraper with hubcaps, mudguards, and hood ornaments, just like his cars, hoping that such a distinctive building would make his car company a household name. Today, the Chrysler Building is recognized as New York City's greatest display of Art Deco, a decorative style characterized by sharp angular or zigzag surface forms and ornaments. Only four months after the completion of the Chrysler Building, the world's tallest championship title would be claimed by a new structure, the Empire State Building.
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