The Park is an open space, dominated by Washington Arch (1892), with a tradition of celebrating nonconformity. The Park's fountain area has long been one of the city's popular spots for residents and tourists. Most of the buildings surrounding the park now belong to New York University, but many have at one time served as homes and studios for artists. Some of the buildings have been built by NYU, others have been converted from their former uses into academic and residential buildings.