History
It was built in 1900 to provide office space for financial companies including Paine Webber. It was remortgaged in 1909 for USD$3.5m.
In 1997, it was gut renovated into 347 luxury apartments. In 2005, it was purchased for USD$200m. Subsequently, negotiations over landmark decertification of portions of the building took place.
Read more about this topic: Broad Exchange Building
Famous quotes containing the word history:
“Culture, the acquainting ourselves with the best that has been known and said in the world, and thus with the history of the human spirit.”
—Matthew Arnold (18221888)
“Hence poetry is something more philosophic and of graver import than history, since its statements are rather of the nature of universals, whereas those of history are singulars.”
—Aristotle (384322 B.C.)
“This above all makes history useful and desirable: it unfolds before our eyes a glorious record of exemplary actions.”
—Titus Livius (Livy)