As the production and consumption of cocoa and chocolate products expanded rapidly in the twentieth century and cocoa developed as a leading international commodity, the United States emerged as the world's largest cocoa consumer. When the Cocoa Exchange moved into the Beaver Building in April 1931, the New York Times noted that "the Exchange has grown to be the largest market of its kind in the world, and transactions on its floor usually equal and frequently have exceeded the world's crop of cocoa." Many of the other commodities exchanges were also located in the immediate vicinity of Beaver and Broad Streets at this time. The Beaver Building additionally housed a number of commercial tenants and organizations associated with the cocoa industry over the years, including the New York Cocoa Clearing Association and Cocoa Merchants Association of America. The Cocoa Exchange moved from the Beaver Building to new quarters (127 John Street) in 1972; it merged with the New York Coffee & Sugar Exchange to form the Coffee, Sugar & Cocoa Exchange in 1979. After Bowery Savings Bank disposed of the property in 1942, the Beaver Building changed hands several times; 82 Beaver Co. (with Harry B. Helmsley as a partner) owned the building from 1951 to 1981. In 1985, London & Leeds Realty Corp., a British-based development company, began a renovation of the nearly vacant Beaver Building, at the same time as its construction across Pearl Street of the Barclays Bank Building at 75 Wall Street. This renovation resulted in some minor modifications of the Beaver Building's exterior, as well as the creation of a new address, 1 Wall Street Court. Since 1994, the building has been owned by Cocoa Partners. In 2006, the building underwent conversion to become a residential condominiums. The building is used as the setting for the exterior shots of the Continental Hotel in the "John Wick" action movie franchise.