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
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“Perhaps universal history is the history of the diverse intonation of some metaphors.”
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“Universal history is the history of a few metaphors.”
—Jorge Luis Borges (1899–1986)