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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“A man will not need to study history to find out what is best for his own culture.”
—Henry David Thoreau (18171862)
“If man is reduced to being nothing but a character in history, he has no other choice but to subside into the sound and fury of a completely irrational history or to endow history with the form of human reason.”
—Albert Camus (19131960)
“Spain is an overflow of sombreness ... a strong and threatening tide of history meets you at the frontier.”
—Wyndham Lewis (18821957)