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:
“We may pretend that we’re basically moral people who make mistakes, but the whole of history proves otherwise.”
—Terry Hands (b. 1941)
“A man will not need to study history to find out what is best for his own culture.”
—Henry David Thoreau (1817–1862)
“Let it suffice that in the light of these two facts, namely, that the mind is One, and that nature is its correlative, history is to be read and written.”
—Ralph Waldo Emerson (1803–1882)