Andrew Freedman Home
When Freedman died, his estate was worth over $4 million ($90,776,316 in current dollar terms). Samuel Untermyer served as executor of his estate.
In his will, Freedman bequeathed money to build the Andrew Freedman Home at 1125 Grand Concourse in The Bronx. The home was intended to serve as a retirement home. Plans were filed in 1922 to build the home as a four-story brick building, with the cost of construction estimated at $500,000 ($6,857,853 in current dollar terms). The building cost approximately $1 million ($13,396,117 in current dollar terms) and opened in 1924. The Andrew Freedman Home was named a New York City Designated Landmark in 1992.
Read more about this topic: Andrew Freedman
Famous quotes containing the word home:
“The climate of Ohio is perfect, considered as the home of an ideal republican people. Climate has much to do with national character.... A climate which permits labor out-of-doors every month in the year and which requires industry to secure comfort—to provide food, shelter, clothing, fuel, etc.—is the very climate which secures the highest civilization.”
—Rutherford Birchard Hayes (1822–1893)