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Comments by "" (@hewitc) on "The Man Who Demolished Manhattan’s Millionaires' Row" video.
These homes were abandoned by the owners. There was no governmental or charitable organization willing to pay for them or the ongoing expense to maintain them. Without someone stepping up they would be foreclosed for nonpayment of taxes or condemned as unsafe. Their demise was not the fault of Campagna. He built 960 Fifth, designed by Warren & Wetmore and Rosario Candela, on the land occupied by Clark's Folly. It is a first class cooperative apartment building that contains or contained many ultra-luxurious and interesting apartments. [from Wikipedia] "The building was started in 1927 and completed in 1928. Apartments average 14 to 17 rooms, with 8 maids' rooms, and is one of the few in New York with its own in-house restaurant (the Georgian Suite--still there). The original apartments were priced from $130,000 to $325,000 and more than 75 percent of the apartments were sold before the frame of the building was enclosed. The largest initial stockholder in the building was Dr. Preston Pope Satterwhite who reportedly paid $450,000 for his 20-room apartment, which was considered the most expensive cooperative sale ever paid at the time." Dr. Satterwhite's living room was 30 by 58 with a double ceiling height. Search for a picture. Unfortuantely it is no longer intact.
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