other buildings were built in the declining market in order to maintain their contract with the Stamford Urban Redevelopment Commission and make construction deadlines. The losses due to overbuilding were insurmountable for F. D. Rich Company and several of the Rich Company's properties, including Landmark Tower and many other office buildings, were surrendered to a variety of lenders in “deed in lieu of foreclosure” transactions. The entire Landmark Square complex was deeded to the Metropolitan Life Insurance Company in 1991. Recent years Since 1992, Stamford Downtown has presented Heights & Lights which features Santa Claus rappelling down the side of the 22-story Landmark Tower, a holiday tree lighting, live music, and a fireworks show. Rappelling Santas have included the general manager of the New York Yankees, Brian Cashman, and professional baseball player and manager Bobby Valentine. In 1996, Reckson Associates Realty purchased the entire six-building Landmark Square complex, including Landmark Tower, from Metropolitan Life Insurance for US$77 million. Over the next few years, Reckson invested another US$50 million to restore the complex and bring it "into the 21st century". Improvements included replacing hundreds of windows with energy efficient glass, renovating the lobbies, restrooms and elevators, adding new landscaping to the complex's two plazas, constructing an onsite cafe with indoor seating, and adding a New York Sports Club on-site. Reckson was later acquired by SL Green Realty in 2006 for US$4 billion. In 2005, the area that was once the ice rink was cleared to improve pedestrian access to Landmark Square and add ground floor retail. This new retail building was completed in 2006 and includes a large restaurant space and multiple retail outlets. Tenants in the new retail building include HSBC Bank and Blackstones Steakhouse. Since 2017, the City of Stamford has featured Landmark Tower in their official logo along with One Stamford Forum, another urban renewal building. Major tenants Current Centerplate Everest Reinsurance Group Tokio Millennium Re. Epstein, Becker & Green Land & Buildings Reckson/SLGreen Realty PASSUR Aerospace Green Street Power Partners GarMark Partners Fitzpatrick & Hunt, Pagano, Aubert Former Diageo North America AON Heineken USA McKinsey & Company Touche Ross Inc. Loxo Oncology Environics Fox Rothschild Fleet National Bank PrimeEnergy Corporation F. D. Rich Company Nippon Magnetics USA Amenta Emma Architects Clarus Corporation References Buildings and structures in Connecticut Buildings and structures in Stamford, Connecticut Modernist architecture in Connecticut Office buildings in Connecticut Skyscrapers in Connecticut