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:
“The history of reform is always identical; it is the comparison of the idea with the fact. Our modes of living are not agreeable to our imagination. We suspect they are unworthy. We arraign our daily employments.”
—Ralph Waldo Emerson (1803–1882)
“The history of all Magazines shows plainly that those which have attained celebrity were indebted for it to articles similar in natureto Berenice—although, I grant you, far superior in style and execution. I say similar in nature. You ask me in what does this nature consist? In the ludicrous heightened into the grotesque: the fearful coloured into the horrible: the witty exaggerated into the burlesque: the singular wrought out into the strange and mystical.”
—Edgar Allan Poe (1809–1849)
“Certainly there is not the fight recorded in Concord history, at least, if in the history of America, that will bear a moment’s comparison with this, whether for the numbers engaged in it, or for the patriotism and heroism displayed.”
—Henry David Thoreau (1817–1862)