Bus Terminal to the east; the building is also across from Holy Cross Church in the north and the remainder of the bus terminal to the south. The New York City Subway's 42nd Street/Port Authority Bus Terminal station () and Eleven Times Square are on Eighth Avenue, less than one block east. In the late 1920s, the surrounding area had low-rise residences. The building's site was occupied by five tenements of four to five stories on 42nd Street and six tenements of four stories on 41st Street. On the same city block, John A. Larkin acquired several lots totaling in 1926. On the site, Larkin proposed the Larkin Tower or (Larkin Building), a 110-story, office skyscraper clad mainly in stone and steel, which would have been the world's tallest building. The floor area of the Larkin Tower's upper stories would have been so small as to be economically infeasible, and critics also disapproved of what was then an extreme height, leading to its cancellation in 1930. Part of the site then became the present 330 West 42nd Street. Many of the surrounding tenements had been converted to office buildings by the 1930s. Architecture 330 West 42nd Street was designed by Raymond Hood and J. André Fouilhoux, of the firm Hood, Godley, and Fouilhoux, in a mixture of the International Style, Art Deco, and Art Moderne styles. It was completed in 1931 as the headquarters of publisher McGraw-Hill Companies. The skyscraper measures tall, with 33 stories. The design of 330 West 42nd Street was evocative of those of New York City's earlier factory buildings. As Architectural Forum magazine said, "The requirements peculiar to a publishing business have formed the basis for the entire structure—in plan, section and elevation." In an issue of the McGraw-Hill News in 1931, Hood had written, "Economy and good working conditions were the three factors uppermost in mind" during the building's planning. Form 330 West 42nd Street is designed as a 35-story building with setbacks to comply with the 1916 Zoning Resolution. The massing of the building contains setbacks at the 11th and 16th floors on both 41st and 42nd Streets, as well as at the 7th floor on 41st Street. Each of these setbacks is only one bay deep. At the 32nd and 34th floors, the building contains additional setbacks. Because the setbacks are only placed on the northern and southern elevations of the facade, the