Built between 1926 and 1928 to a design by Cass Gilbert, who also designed the Woolworth Building and the United State Court House, the building has an imposing structure and does not follow a particular architectural style, although some parts are reminiscent of Gothic and Art Deco, but is characterized by a pyramid roof decorated with 25,000 golden tiles. It is 187 meters high and has 40 floors. The interior atrium is particularly interesting with bronze doors and panels, huge chandeliers hanging from the coffered ceilings.
The site of the current New York Life Insurance Company Building was also the site of the first two Madison Square Gardens.