NEW YORK - David Rockefeller, known as one of the most towering figures in city history, has died.

A family spokesman said Rockefeller died Monday morning of congestive heart failure at his home in Westchester County.

The banker and philanthropist was the last surviving grandson of the oil tycoon John D. Rockefeller.

Rockefeller was born and raised in Manhattan, where he served as the head of Chase Bank for more than a decade.

He was vital in helping solve the city's fiscal crisis in the 1970's and was one of the driving forces behind the creation of the World Trade Center.

Though the billionaire never served in public office he was twice offered and declined the position of Treasury Secretary.

Former New York City mayor Michael Bloomberg released a statement on his death saying, "No individual has contributed more to the commercial and civic life of New York City over a longer period of time than David Rockefeller. I was fortunate to call him a good friend."

David Rockefeller was 101 years old.