In December 1912, the executors of the estate of Joseph Pulitzer announced that New York City had approved the fountain's proposed location, in the plaza between 58th Street and 60th Street, just east of Fifth Avenue, the same plaza where the equestrian Sherman Monument stood since 1903. The executors invited five architecture firms to participate in a competition to determine the fountain's design, and to provide designs for a "good architectural treatment of the whole plaza." In January 1913, the five schemes were exhibited at the New York Public Library, including the winning scheme, designed by Carrère and Hastings. Architect Thomas Hastings' design placed the fountain in the southern half of the plaza, whereas the Sherman Monument remained in the northern half. Hastings' design for the fountain included a "symbolical figure-the exact symbolism not yet having been decided upon." Construction began in 1915, and by November, a newspaper reported: "The Pulitzer Fountain...is now finished and bubbling with the purest Croton water," noting that work on the northern portion of the plaza was delayed by subway construction. In the executed design, Karl Bitter's allegorical bronze statuePomona depicts the goddess of abundance holding a basket of fruit. The model was Doris Doscher. Because Bitter died on April 9, 1915, having just completed the plaster cast of the figure, Hastings and Bitter's widow selected Isidore Konti to complete the statue. Konti began work in the fall of 1915, and the statue was cast in April 1916. The statue was installed on May 1, 1916, "with little or no ceremony."
1933–1935 restoration
In 1933, Herbert, Joseph and Ralph, sons of Joseph Pulitzer, donated $35,000 for the restoration of the fountain, to be done under the supervision of architect Dan Everett Waid. The work, delayed by labor troubles, was completed by June 1935. As part of the work, the limestone basin was rebuilt in Italian marble, and the limestone balustrade and columns that surrounded the fountain were demolished.
1971 restoration
In 1971, the Parks Department under the direction of August Heckscher, undertook a restoration of the fountain costing $268,000. The work included a new sewer system and the replacement of limestone steps with granite.
On March 26, 1985, the Central Park Conservancy and the architecture firm of Buttrick White & Burtis presented plans to the Landmarks Preservation Commission for a full restoration of the plaza, including the Pulitzer Fountain. The plans called for the restoration of the balustrade and columns removed in the 1935 repairs. The work was completed in June 1990, including a reconstruction of the fountain, this time in granite. Plans to restore the balustrade and columns were abandoned on account of costs. According to The New York Times: "For years this fountain merely dripped and dribbled, but now it cascades, and that makes all the difference, for now the Pulitzer Fountain has a sound." The 1990 renovation was in the news again in 2016 with the revelation that Donald Trump's charitable foundation's largest-ever donation of $264,000 went towards the fountain renovation. This raised eyebrows because the work could have been seen as a benefit to Trump's Plaza Hotel which lay across the street from the fountain.