The Woolworth Building is often referred to as the "Cathedral of Commerce" because of its Gothic architectural style, featuring ornate details reminiscent of European cathedrals. It was the tallest building in New York for 17 years and was surpassed by the Chrysler Building in 1929/30. Entirely funded in cash by Frank W. Woolworth, it cost $13.5 million in 1913. The exterior is decorated with gargoyles and other Gothic-style carvings, including caricatures of Frank Woolworth and architect Cass Gilbert.