94 years ago today, on May 1, 1931 (March 14, 1931, the world's tallest building, the Empire State Building in New York, was cut at the ribbon. On May 1, 1931, the world's tallest building, the Empire State Skyscraper in New York, officially opened today under a grand ceremony. Present at the ceremony were President Hoover, former New York Governor Alfred E. Smith, and the leaders of the construction company that built the building. The New York building, which covers 86% of the office space, is topped by a mooring tower for passenger airships. The entire building stands above Fifth and 34th Streets in New York and stands 1245 feet high. A few minutes after he cut the ribbon and opened the door, the president pressed the button in Washington. It was 11:30 a.m., and all the lights in the building were on. The completion of the building was hailed as a sign of confidence during the Great Depression. The New York Tower will allow passengers to take off in airships from the center of New York to facilitate air transportation. The tallest building in the world is the famous Empire State Building