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:
“There is a history in all men’s lives,
Figuring the natures of the times deceased,
The which observed, a man may prophesy,
With a near aim, of the main chance of things
As yet not come to life.”
—William Shakespeare (1564–1616)
“All history attests that man has subjected woman to his will, used her as a means to promote his selfish gratification, to minister to his sensual pleasures, to be instrumental in promoting his comfort; but never has he desired to elevate her to that rank she was created to fill. He has done all he could to debase and enslave her mind; and now he looks triumphantly on the ruin he has wrought, and say, the being he has thus deeply injured is his inferior.”
—Sarah M. Grimke (1792–1873)