Confucius Plaza Apartments is a limited-equity housing cooperative in Chinatown, Manhattan. The 44-story coop brown brick tower complex in chinatown(433 ft (132 m)) tower block with 762 apartments was constructed in 1975 at a cost of $38,387,000. The building was the first major public-funded housing project built for almost exclusively Chinese Americans. The 44-story arc contains 762 apartments, the Yung Wing Public School, P.S. 124 (K-8), shops, community space and a day-care center. One of the most frequently visited landmarks in Chinatown is the 15-foot bronze statue of Confucius, the Chinese philosopher, in front of the complex. Sculpted by Liu Shih, the statue was presented by the Chinese Consolidated Benevolent Association as a token of appreciation, and to commemorate the U.S. bicentennial. At its base, a Confucian proverb is inscribed aside an American Flag, praising a just government with remarkable leaders of wisdom and ability The complex is located north of Chatham Square at the intersection of Bowery and Division Street.