Charles Schwab Built This Mansion in Manhattan and Died Penniless!

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  • เผยแพร่เมื่อ 30 เม.ย. 2022
  • To have it all and lose it, that was the fate of Charles Schwab. He built his New York City mansion in 1906 to be the most modern house of its time, but what happened to it? Meander through the luxurious rooms as we hear Schwab's story in this video.
    Charles Schwab Built This Mansion in Manhattan and Died Penniless!!
    • Charles Schwab Built T...
    Location: Manhattan, New York
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  • @loridresser9420
    @loridresser9420 2 ปีที่แล้ว +934

    It is so sad that NYC didn’t pass a “historical district” on all the buildings surrounding Central Park. It would have added so much.

    • @juniorsir9521
      @juniorsir9521 2 ปีที่แล้ว +28

      It’s like nobody lives in mansions like those anymore today. Everything is basic boxes now it seems

    • @daisyaviles8936
      @daisyaviles8936 2 ปีที่แล้ว +1

      M m

    • @jasoncarter3921
      @jasoncarter3921 2 ปีที่แล้ว +2

      @Smoggah not Schwab that’s for sure, they had two boxes on the census at the time how many children you had and how many of them were still alive, living conditions nearby were terrible but this was a very fancy house

    • @bradypetty5434
      @bradypetty5434 2 ปีที่แล้ว +9

      @@juniorsir9521 how surprising that we don’t live in 200 million dollar mansion. Mind blowing.

    • @juniorsir9521
      @juniorsir9521 2 ปีที่แล้ว +15

      @@bradypetty5434 it’s not that dummy. What I meant to say is that houses have no beautiful architecture nowadays. Look in the suburbs for example. Houses are built like basic boxes with a garage. houses can be built designed to look better but they are not. Not only that but houses are built so close together. Again look at suburb areas. You have windows so close together. Neighbors can see everything you do. Knowing that there is so much land around and houses being built So compressed is when you know you have a serious problem-Greed. Those 200 million dollar mansions you speak of most have been demolished to make room for parking lots.

  • @scottdecarrillo3082
    @scottdecarrillo3082 2 ปีที่แล้ว +1963

    The destruction of such buildings across America, commercial or residential, with NYC certainly leading the list, is horrid. Penn Station alone is a loss unlikely ever to be replicated in our lifetimes. And then we wonder why we visit Europe, with all it's preserved (or rebuilt) grand structures....

    • @twistoffate4791
      @twistoffate4791 2 ปีที่แล้ว +93

      That's what I was thinking. We average folk enjoy & appreciate this level of beauty, but we cannot find much of it left in our own country, so we end up going overseas to get to see it.

    • @Dina52328
      @Dina52328 2 ปีที่แล้ว +69

      @scott, my thoughts exactly. All across the nation from big cities to small towns, beautiful, historical structures were demolished to make room for parking lots, ugly brick buildings, etc. . . If it wasn’t for the historical societies like the one in Newport who preserved the mansions there, we and future generations would not be able to look and admire the beautiful architecture of long ago. SMH 🤦‍♀️

    • @talmadge1926
      @talmadge1926 2 ปีที่แล้ว +57

      In England (and I say this because the figures exclude Scotland Ireland and Wales) between 1900 and 1960 one thousand two hundred stately homes were demolished. Not until 1968 were they finally saved from demolition. However there are still problems concerning the wonderful examples of late victorian and of edwardian architecture as the listing system only extends to buildings built before 1840. Public opinion however is now so militant that many of this era have been saved. Albeit with an uncertain future. Mentmore (one of the Rothschild mansions) a prime example. The National trust wont take it on because they "already have another Rothschild mansion" So it stays empty and decays while officialdom twiddles its thumbs.
      The fate of american golden age architecture is really embodied in Joni Mitchells "Yellow Taxi"
      "Dont it always seem to go
      That you dont know what youve got till its gone.
      They paved paradise and put up a parking lot"
      I have read that this specifically refers to the demolition of Marion Davies (mistress of William Randolph Hurst) pink beachouse on route 66 below Hurst Castle (thank God preserved).

    • @greeneyedwarlock882
      @greeneyedwarlock882 2 ปีที่แล้ว +27

      Could NOT POSSIBLY AGREE WITH YOU MORE. And that heinous tragedy will neverrrrrrr stop being so tragic or painful to those of us with the brains, class, sophistication & education to know it.

    • @wondergranny2299
      @wondergranny2299 2 ปีที่แล้ว +6

      Exactly!!!

  • @melissalentz32
    @melissalentz32 2 ปีที่แล้ว +152

    I live only a few blocks from the present “Schwab House”. I had no idea that such a magnificent home had been on the site. As one who deeply appreciates the craftsmanship that goes into magnificent buildings of that era, I am sickened to learn of the sad demise of yet another treasured building in NY.

    • @low_key_f_key3237
      @low_key_f_key3237 ปีที่แล้ว +2

      Sure, but to be fair the new bldg houses a lot more people

    • @melissalentz32
      @melissalentz32 ปีที่แล้ว +5

      @@low_key_f_key3237 Agreed, but that doesn’t alter the fact that the old mansion now gone was a magnificent achievement and a nod to craftsmanship and inspirational beauty, while the Schwab house is just a big old brick pile which has no lasting architectural value.

    • @arslongavitabrevis5136
      @arslongavitabrevis5136 ปีที่แล้ว +5

      @@melissalentz32 Excellent observation Melissa, you obviously are a person with a high regard for beautiful buildings. people like us are bound to suffer a lot in this horrible era in which we live. Everything is PROFIT / UGLINESS! Have a nice weekend!

  • @aileenjackson1706
    @aileenjackson1706 2 ปีที่แล้ว +66

    What an absolute shame to destroy such a home.

  • @DementedDistraction
    @DementedDistraction 2 ปีที่แล้ว +53

    It's absolutely astonishing to me that such a grand structure was demolished to make way for some generic, disposable apartments.
    That mansion could've been repurposed as a museum, school, or corporate office - anything besides razing it. It makes me wonder if the powers that be at the time were lobbied or otherwise incentivized by the apartment developers to tear down the mansion.

    • @colihestonpottones4188
      @colihestonpottones4188 2 ปีที่แล้ว +5

      Yes unfortunately it occurs worldwide. I have seen some lovely mansions replaced with concrete block apartment subdivisions.

    • @amandagardner565
      @amandagardner565 2 ปีที่แล้ว +2

      that would have to be a huge monetary YES

    • @amandagardner565
      @amandagardner565 2 ปีที่แล้ว

      there was a huge estate near Melbourne Victoria Australia, which was know as Kew Cottages (a mental hospitalfacility), that was sold off in the 1980(?) and redeveloped as inner city residential properties.
      how odd that one of the local government politicians pushing to the sale was also a partner in the real estate business that handled the rezoning, and sub-division of the ENTIRE project, they didn't even try to hide the blatant corruption the bastards.

    • @arslongavitabrevis5136
      @arslongavitabrevis5136 ปีที่แล้ว +2

      @Demented Distraction: Yes, you are right. That is democracy for you, the rule of the uneducated billionaires where the only thing that matters is PROFIT.

    • @melissalentz32
      @melissalentz32 ปีที่แล้ว +4

      As often happened, many of these families found themselves in difficult financial circumstances following 2 world wars and the introduction of income tax. Often these properties were sold to companies/corporations just for the amount the family would receive from the sale of the land. There’s an old family legend I was told that something similar happened to my family regarding property they owned where Macy’s now stands!

  • @lila6117
    @lila6117 2 ปีที่แล้ว +28

    So sad that it wasn’t repurposed, can you imagine touring this beautiful building today.

    • @leftcoaster67
      @leftcoaster67 2 ปีที่แล้ว

      A museum, or something. Wow.

  • @deniseroe5891
    @deniseroe5891 2 ปีที่แล้ว +332

    These homes were so incredible, the craftsmanship and technology for the time is unbelievable. I know the cost of maintaining them today would be prohibitive, but still it’s a shame that they are gone. The opulence of these homes were some how timeless and tasteful, unlike the mansions that are build today.

    • @clairetremblay3023
      @clairetremblay3023 2 ปีที่แล้ว +8

      Could not agree more... @Denise Roe. It is very sad indeed, that these houses are destroy and not preserved. These architectures and contructions where so beautiful and well done compare to these days...

    • @darbyheavey406
      @darbyheavey406 2 ปีที่แล้ว

      Compare this beautiful home to the monstrous home that Bill Gates built.

    • @nonelost1
      @nonelost1 2 ปีที่แล้ว +2

      At the very least, I hope they cannibalized the exquisite interior and exterior artwork to be auctioned, rather than simply putting them to the wrecking ball. That's what they did with Titanic's sister ship, Olympic, when she was scrapped in 1934.

    • @Untilitpases
      @Untilitpases 2 ปีที่แล้ว +5

      Maintenance cost isn't prohibilty expensive. Poorer countries can keep whole cities with neoclassical buildings. (Think central european countries, even some balkan ones like Croatia.)

    • @rpraetor
      @rpraetor 2 ปีที่แล้ว +6

      @@Untilitpases Check out the maintenance costs on the New York State Capitol building. Your central-European solution was achieved under the same conditions these places were built: WITH CHEAP LABOR. Tourist revenue has to justify the expense of repair, at least until you solve capitalism. Give your cost argument to the 636 families who have housing due to the destruction.

  • @marksherrill9337
    @marksherrill9337 2 ปีที่แล้ว +94

    I’m a carpenter and really wish these homes had been preserved. I suppose even that was too expensive. And to think there was a row of these homes and the interiors were more opulent than their facades. Unbelievable. In todays dollars, the costs translate to billions.

    • @rustysmith5809
      @rustysmith5809 2 ปีที่แล้ว

      Ditto.Im a building contractor and this really irks me.

    • @veronicaroach3667
      @veronicaroach3667 ปีที่แล้ว +2

      My reaction to the demoition is - so who took all the incredible fittings & fixtures from the inside of this building - and what a ghastly building they put up in it's place !

    • @Coffeendonuts
      @Coffeendonuts ปีที่แล้ว +2

      I worked restoring row houses in the back bay of Boston as a general contractor for 2 decades. Many of Boston’s opulent mansions from the gilded age are very well preserved. I worked on the Hooper mansion. The 20000 s square foot mansion on a corner lot was sold to the church of Scientology and they preserved much of the original ornate moldings, pocket doors, coffered ceilings wainscoting. Unfortunately the developers who bought the building gutted it and put in custom luxury condos I was happy about the exterior being restored to its original glory. We redid all the copper on the dormers, repaired the slates and Touret. It was an amazing project to run

  • @mscarolynnigro
    @mscarolynnigro 2 ปีที่แล้ว +4

    What a disgrace to destroy these buildings. It makes no sense .

  • @buzzkincaid5521
    @buzzkincaid5521 2 ปีที่แล้ว +438

    When I see what was lost, and will never be replaced, I mourn what might have been. A culture that that lost diversity of architectural treasures. Had we reused these mansions as places to gather,art museums , clubs, think tanks, and other high minded causes , we would have built on our past as a bridge to our collective future.

    • @Jack-eo5fn
      @Jack-eo5fn 2 ปีที่แล้ว +18

      Hear hear!

    • @Carol-D.1324
      @Carol-D.1324 2 ปีที่แล้ว +7

      Incredibly well said.

    • @GenXGranny
      @GenXGranny 2 ปีที่แล้ว +12

      We’ve devolved so badly, it’s sad. A banana taped to a blank canvas is “art”. All of the “art” at tjmaxx people buy, any 10 year old could paint. Everyone is too hypnotized, staring at a screen to create anything beautiful. 😞

    • @utube9000
      @utube9000 2 ปีที่แล้ว +7

      Agree 100% - destroying that piece of art was a crime against high culture.

    • @mrtelevision8079
      @mrtelevision8079 2 ปีที่แล้ว

      But then how this or that developer would have made another fortune? Capitalism! If the old building wasn't profitable, down it goes!

  • @tobygoodguy4032
    @tobygoodguy4032 2 ปีที่แล้ว +4

    In 1910 my great-grandfather was making about $2/Day for a 10 hour shift at 'Steels' McKeesport works.
    He didn't die penniless.
    Ironic, ain't it. 🤠

  • @1aikane
    @1aikane 2 ปีที่แล้ว +51

    What a great loss to have such a beautiful work of architecture removed for a bland apartment building.

    • @deanwilliams433
      @deanwilliams433 2 ปีที่แล้ว

      True, but hundreds of people live in those apartments versus one rich family.

    • @JoelEmmettMcGarrity
      @JoelEmmettMcGarrity 2 ปีที่แล้ว +3

      @@deanwilliams433 I would rather have that house preserved. Than demolished.

    • @deanwilliams433
      @deanwilliams433 2 ปีที่แล้ว +1

      @@JoelEmmettMcGarrity What you want and what's best for a growing city are very different things. You can't preserve everything based on where it was located.

    • @Polemodrome
      @Polemodrome 4 หลายเดือนก่อน +1

      It could have been repurposed as a music academy, apparently, it had the acoustics to greet an orchestra! I guess there was a higher priority concern in accomodating the growing population, during the baby boom... Still, it stinks! This building was an irreplaceable jewel!

  • @Joe_Peroni
    @Joe_Peroni 2 ปีที่แล้ว +225

    The demolition of this wondrous structure was a gross act of vandalism.

    • @brianpeck4035
      @brianpeck4035 2 ปีที่แล้ว +8

      I hope you are just making a point and don't truly believe that. Obviously it's not anything of the kind. I've seen a few urban exploration videos of old abandoned mansions in Europe. Sometimes people buy them to renovate and get way to deep in expense and have to sell. These houses are beautiful nostalgic money pits. The pattern seems to be that the old owners, sometimes families that have owned it for hundreds of years, have financial difficulties and start selling off the land to keep the mansion/castle going. Then they sell the artwork and furnishings to keep it going and then they fail to sell the house and leave. These architectures of the gilded age are money monsters and very difficult to make financial sense of. It's wonderful when they do but saddling the city with such regular expense isn't reasonable.

    • @carolspencer9396
      @carolspencer9396 2 ปีที่แล้ว +7

      The demolitions of grand structures like this was a gross act of viciousness, selfishness, greed , disrespect and total disregard for history and it's worth.

    • @davidkhouri8219
      @davidkhouri8219 2 ปีที่แล้ว +16

      @@carolspencer9396 Lol. Building a $200 million dollar home for two people sounds a lot more selfish, greedy, and disrespectful if you ask me.

    • @BenDover-wm7wf
      @BenDover-wm7wf 2 ปีที่แล้ว +4

      Some people just want to live in a museum. The irony to me is the Charles Schwabb is today an investment company trying to sell people on their expertise and stability. Yet Charles was wiped out by a stock market crash. I contrast this with Warren Buffet, living in his childhood house in Omaha, eating hamburgers at the kitchen table…

    • @davidkhouri8219
      @davidkhouri8219 2 ปีที่แล้ว +8

      @@BenDover-wm7wf Ya this is a funny coincidence. Charles Schwab (born 1937) has no relation to Charles M Schwab (born 1862). It is odd to think how one of them lost it all in the market while the other made their fortune.

  • @gwendolyn7462
    @gwendolyn7462 2 ปีที่แล้ว +4

    I CANT believe they tore that house down: American has so few historical houses. NEW YORK TO SHAME

  • @leewhite-graham753
    @leewhite-graham753 2 ปีที่แล้ว +16

    It is criminal to waste such beautiful art and architecture, IMHO.

  • @christopherkraft1327
    @christopherkraft1327 2 ปีที่แล้ว +150

    How exciting it must have been to live in this gilded age & stroll through the streets of New York. It's also sad that so many of these gorgeous mansions are gone!!! ☹️

    • @bellthandian
      @bellthandian 2 ปีที่แล้ว +9

      You should see Heidelberg Hall in Schaefferstown PA! It’s a large 30 room fully gilded age furnished 12,000 sq ft 1882 Victorian mansion. The owner has been fully restoring it to historical accuracy and is now open for tours. There is an Instagram account with frequent posts showing it’s many interiors. One of very few full gilded age homes open for tours with such accuracy to the period.

    • @Helloverlord
      @Helloverlord 2 ปีที่แล้ว +3

      ...between 1929. and 1939. it would be a blast!

    • @leroybrown505
      @leroybrown505 2 ปีที่แล้ว +2

      The Tartarian age.

    • @marka.graffakasnakebitenat3736
      @marka.graffakasnakebitenat3736 2 ปีที่แล้ว +2

      Concerning homes. Former Houston Rockets Center, Hakeem Olajuwan demolished a mansion built in the 1920's to put apartments on the site. The house is in Pasadena, Texas in the Clear Lake area right next to Clear Lake. The land was a ranch for many years until our government purchased it and that land became The Johnson Space Center for NASA.

    • @arslongavitabrevis5136
      @arslongavitabrevis5136 ปีที่แล้ว

      @@bellthandian Thank you so much for this information. I love art and architecture from 1600 to 1900. I hope they have a website as I do not live in the USA. Regards!

  • @lalaboha
    @lalaboha 2 ปีที่แล้ว +7

    Ugh! Bad call New York. How could you let such a masterpiece be torn down? 😢

  • @brokenglass849
    @brokenglass849 2 ปีที่แล้ว +37

    Somehow I think few people thought of it as a loss when it was demolished in 1948. I had read that in the 1920s, Victorian houses and their furnishings were seen as vulgar. That distaste persisted, at the very least, through the 1960s.

    • @StevenTorrey
      @StevenTorrey 2 ปีที่แล้ว +8

      I myself didn't find it attractive; I thought it was too "busy".

    • @sherriianiro747
      @sherriianiro747 2 ปีที่แล้ว +12

      In the 40's, 50's & especially the 60's the people back then all wanted "modern" structures and did not appreciate and took the craftsmanship for granted. I am sure they regretted it later when those same buildings fell apart and looked blighted years later.

    • @brokenglass849
      @brokenglass849 2 ปีที่แล้ว +20

      @@StevenTorrey Everybody has a different take on the various styles of architecture that have existed here in the US, but it's not so much an issue of personal taste, it's issue of preserving our heritage. These buildings represent an important interlude in our development as a nation.

    • @baylorsailor
      @baylorsailor 2 ปีที่แล้ว +10

      @@sherriianiro747 you are so right. I live in a town in northern New York and they tore down many of the beautiful mansions to build mid-century office buildings and apartments. Many of those buildings are already demolished or are abandoned today. It was a rather selfish move on their part to tear down our architectural heritage for cheap materials. The lack of preservation and foresight in the mid to late 20th century is baffling.

    • @veronicaroach3667
      @veronicaroach3667 ปีที่แล้ว

      Whereas homes still existing from Georgian times in the 1700's are very fine & delicate in taste with beautiful paneling & dainty banisters to the stairs - the Victorians obviously loved over the top gaudy & rather ridiculous design. Hence so much of that era is now regarded as stuffy & ugly & for a time much of it was demolished. I don't think there is any comparison with the 2 eras in terms of which is the more elegant ! However it's a shame when historical places are just destroyed. But give me a 1720 Gerogian Manor House any day over something like this horrible Victorian monstrosity !

  • @dahby2724
    @dahby2724 2 ปีที่แล้ว +8

    Although I love these stories...they make me sad...such beauty... gone.....

  • @SpanishEclectic
    @SpanishEclectic 2 ปีที่แล้ว +42

    I found the design of this mansion, as well as the way it was set back from the street, much more pleasing and tasteful than others that were just huge and ornate. Perhaps it was the European Gothic touches. I too am sorry a civic use could not be found for this beautiful building. During the Depression, most of the very wealthy were in the same boat; no one could afford to buy them out. From BBC documentaries, I've learned that many estates and country homes in England were entailed, which meant only a particular family member could inherit them. Inheritance taxes were horrendous, and after WWII, few of the families could afford to maintain/restore the properties; many of the homes were 200 to 500 years old. Some were used as Military hospitals, and others turned into boarding schools. It's interesting to see the homes of the people who founded companies that still exist today.

  • @ardiffley-zipkin9539
    @ardiffley-zipkin9539 2 ปีที่แล้ว +45

    I recall that the stories depicting demolition of these grand homes in NYC led to NYC’s laws on preservation of historic sites. Unfortunately, many places were lost before citizens and city leaders came to their senses.

    • @StevenTorrey
      @StevenTorrey 2 ปีที่แล้ว +12

      The demolition off Penn Station in 1963 was the specific impetus for the Landmarks Preservation Law....in NYC.

    • @donnatlaw6172
      @donnatlaw6172 2 ปีที่แล้ว +8

      Many thanks to Jaqueline Bouvier Kennedy Onassis for this law.

    • @rpraetor
      @rpraetor 2 ปีที่แล้ว

      Hopefully the cost of labor has been updated since then too.

  • @giusimastro9722
    @giusimastro9722 2 ปีที่แล้ว +17

    that demolition made me cry, I can`t belove that America destroyed all the splendid architecture of the Gilded Age the only period in American History that produced so much beauty, I would call it the American Renaissance if Europe did destroy everything we would never be able to study History of Architecture and History in general

  • @workoutmom2b1g
    @workoutmom2b1g 2 ปีที่แล้ว +2

    Awful. Why do we take everything down?
    Great video Ken and Crew! ✌🏽

  • @gregakinson2800
    @gregakinson2800 2 ปีที่แล้ว +17

    It is so disgusting what happens to these grand old mansions. I cannot even stand to go back to my home town because of how it has been degraded so much.

  • @Packard3spdOD
    @Packard3spdOD 2 ปีที่แล้ว +72

    His summer mansion, Immergrün, in Loretto PA, is extant and the grounds are open to the public. His private rail cars are also extant, at the North Carolina Transportation Museum in Spencer and at the rail museum in Altoona. His starter mansion in North Braddock PA, now known as Schwixon, and within sight of the Edgar Thomson Works, Carnegie's first steel mill which he became superintendent of in 1889, is also extant. I'm writing this from the library.
    Also, the Jean-Léon-Gérôme statues, Metallurgical Worker (aka The Puddler) and the allegorical Metallurgical Science that once graced Riverside are extant as well, at the Allentown PA Art Museum.
    Architectural artifacts were sold off before demolition. If anyone knows of any items with a provenance from Riverside, please reply to this comment.

    • @arslongavitabrevis5136
      @arslongavitabrevis5136 ปีที่แล้ว +1

      Thank you so much for this information, very kind of you to share it. Although I do not live in the USA I shall try to find out a website or videos about these properties. Have a nice day! Greetings from Buenos Aires, Argentina; a city that was once known as the "Paris of South America" by the great number of magnificent mansions in it. Like in the USA, most of them are now sadly gone, victims of the stupidity, ignorance, and greed of the people and the politicians.

  • @scottnyc6572
    @scottnyc6572 2 ปีที่แล้ว +9

    This has to be the most hideous ending of a rags to riches back to rags story.The palatial mansion ended being demolished and replaced with a dark brown brick monolithic housing project..

  • @Robrulz666icloud
    @Robrulz666icloud 2 ปีที่แล้ว +6

    I watched this video in absolute disgust thankful to see such magnificent design and beyond sad to see so little respect shown.

  • @marlenalinne7958
    @marlenalinne7958 2 ปีที่แล้ว +25

    The fact that these incredible buildings have been destroyed is one thing. What they've been replaced with is a crime.

  • @smilingskull7827
    @smilingskull7827 2 ปีที่แล้ว +3

    That mansion would have made a beautiful library.

  • @dawnwheeler2649
    @dawnwheeler2649 2 ปีที่แล้ว +3

    So much more beautiful as well as quality built. Compared to todays crap it is so sad to see these beauties destroyed

  • @xc5gensttsn3egcx57
    @xc5gensttsn3egcx57 2 ปีที่แล้ว +15

    An absolute crime that this work of art was destroyed.

  • @andiscott8470
    @andiscott8470 2 ปีที่แล้ว +21

    It really is saddening to see what happened to some of these amazing works of art. Same in the UK when we look at what happened to a lot of country estates, quite often after WW1 or WW2, the late 60's and early 70's was a sickening time for historic architecture fans.

    • @DanaTheInsane
      @DanaTheInsane 2 ปีที่แล้ว +4

      There is an ersatz "stately home" in Iowa, and its pieced together with architectural bits brought over in the teens and twenties from England when you could pull apart 4-600 year old buildings and pack them off anywhere you liked and nobody cared.

    • @edmurks236
      @edmurks236 2 ปีที่แล้ว +1

      @@DanaTheInsane sad.

  • @twistoffate4791
    @twistoffate4791 2 ปีที่แล้ว +19

    It's amazing how quickly one man can go from having it all, to almost nothing. I would have liked to have seen all that pink granite, and look out one of the turret's windows, Rapunzel style. It was nice, though that Eurana (unfortunate name, just my opinion) invited the ladies in who sewed for the Red Cross.

  • @EclecticDD
    @EclecticDD 2 ปีที่แล้ว +71

    That was really interesting, especially the fact that the house had its own power station and then served as a small clothing factory. The mansions that used to exist still seem (to me) to have been elegant even if they were built by what was considered new money at the time. I wonder if the houses were considered tacky by some back then?

    • @tamick2000
      @tamick2000 2 ปีที่แล้ว +9

      To the average person, they were probably considered the epitome of elegance, but among the elite, yes I am sure some thought certain homes were not up to their standards.
      I am sure that within a decade of being built they were considered dated, as by then new mansions with the latest in style and innovations were built and praised.
      If you study, just a bit, the Beverly Hills, Holmby Hills and Bel Air real estate market, it is shocking how many homes are purchased and torn down to build a new McMansion. There are a lot of 20's and 30's homes with classic styling that just do not work for modern lifestyles and need a lot of work to update, so they get torn down.

    • @KCKingdomCreateGreatTrekAgain
      @KCKingdomCreateGreatTrekAgain 2 ปีที่แล้ว +3

      True. And everyone wants those blasted open floor plans.

    • @kendallsmith1458
      @kendallsmith1458 2 ปีที่แล้ว +9

      I don't think a bunch of rich girls hand sewing constitutes a clothing factory.

    • @missourimongoose8858
      @missourimongoose8858 2 ปีที่แล้ว

      It was most likely a DC system which requires a power station to be close by

    • @joeb7168
      @joeb7168 2 ปีที่แล้ว

      @@missourimongoose8858 unless it was an ether harvester

  • @billcordell9797
    @billcordell9797 2 ปีที่แล้ว +3

    So sad it was torn down. Would have been such a wonderful museum n event space today

  • @texxxann
    @texxxann 2 ปีที่แล้ว +4

    What a crying shame it was demolished. A tragedy. It should have been put to public use and preserved for future generations, what a poor decision to let it go.

  • @amitisshahbanu5642
    @amitisshahbanu5642 2 ปีที่แล้ว +14

    This shows how fleeting life is and not to build stuff that can't be maintained.

  • @channeldoglover9944
    @channeldoglover9944 2 ปีที่แล้ว +11

    I'm from Tucson Arizona, there was an iconic building with incredible architecture in the 60s called the El conquistador hotel. It was torn down in 1968, and I actually cried I think. It was replaced by the first mall in Tucson. I think it would be a great story :)

    • @sandybruce9092
      @sandybruce9092 2 ปีที่แล้ว +1

      I lived in Phoenix for 48-1/2 years before moving to NC and many of the historical buildings have been destroyed just since 1955 when we moved there. I do know that there is a new El Conquistador hotel in Tucson as we used to go down over the 4th of July for their fireworks display. Tucson, being even older than Phoenix has lost much of its historical buildings - many of which weren’t big fancy places but still very historic, especially as Arizona as a state isn’t nearly as old as many of these mansions that have now been demolished. Had friends in Tucson so got down there quite a bit (plus my son graduated from UA - I graduated from ASU!!!).

    • @channeldoglover9944
      @channeldoglover9944 2 ปีที่แล้ว +1

      I guess this is manly about mansions not hotels but every time I see the demolition of beautiful old buildings it makes me sad and I think about the El conquistador.

  • @christians.7019
    @christians.7019 2 ปีที่แล้ว +2

    Time to sit back and relax again☺️

  • @BulgadariXR
    @BulgadariXR 2 ปีที่แล้ว +2

    The incredible part is that it was built in four years. Unions take three years to build four million dollar public restrooms in New York parks.

  • @lourdesmilchorena7007
    @lourdesmilchorena7007 2 ปีที่แล้ว +3

    To sad, they demolished those beautiful homes

  • @kslinaz5668
    @kslinaz5668 2 ปีที่แล้ว +6

    What a beautiful building and how sad that it was torn down

  • @catherinemtc7795
    @catherinemtc7795 2 ปีที่แล้ว +2

    Ooohh LORD I can’t believe they knocked that beautiful house down. How awful. That is so sad.

  • @lj5801
    @lj5801 2 ปีที่แล้ว +17

    Schwab went the same way as Sir Henry Pellatt builder of the magnificent Casa Loma in Toronto: had it all; lost it all. At least Casa Loma is still standing and open to the public. Excellent video.
    In addition to others that I've already mentioned, how about videos on Rose Terrace in Grosse Pointe, MI; the mansions that once lined Euclid Avenue (Millionaires Row) in Cleveland; or William Rockefeller, Jr's Rockwood Hall in Mount Pleasant, NY? There could also be a video that starts with Marjorie Merriweather Post's 1107 5th Ave mansion and segues into her 56 room penthouse (reputedly the 1st in NYC) in the building that replaced it.

    • @ThisHouse
      @ThisHouse  2 ปีที่แล้ว +1

      Thank you for the recommendations!

  • @angelmarcano6747
    @angelmarcano6747 2 ปีที่แล้ว +6

    This is shame that structures like that are not around, and that this country has no concept of historical buildings and history in general

  • @baylorsailor
    @baylorsailor 2 ปีที่แล้ว +3

    😭... They should of turned the existing mansion into a library or apartments in my opinion.

  • @garyjones2582
    @garyjones2582 2 ปีที่แล้ว +2

    It's really sad to hear of stories like this..

  • @anteeker
    @anteeker 2 ปีที่แล้ว +68

    That beautiful structure, with all that amazing woodwork, stonework, stained glass, etc, and replaced with yet another ugly plain high rise. NYC could have been such a beautiful city had they not torn down all these amazing buildings and replaced them with ugly concrete, glass and steel - buildings that you drive by and don`t even notice because they all look the same and have no architectural significance. Blah blah blah boring.

    • @talmadge1926
      @talmadge1926 2 ปีที่แล้ว +3

      I asked a friend of mine (an architect) why are new buildings lacking any attempt at "facade" or grace. His answer was unfortunately definitive. "Because the client wont pay for it"

    • @mport09
      @mport09 2 ปีที่แล้ว +2

      Boring because they're dull and ugly. Seeing many of the same gorgeous structures would still feel stimulating, like in many towns where houses are very similar, but stunning.

  • @massabielle2821
    @massabielle2821 2 ปีที่แล้ว +5

    You’ve got to be kidding! They DEMOLISHED this architectural, pristine, stunning gem?! An absolute sacrilege of historical proportions. SMH. 😔

  • @t.b.1596
    @t.b.1596 2 ปีที่แล้ว +5

    Great presentation but a very sad story. So much of our history is lost to the wrecking ball!

  • @roadrunner381
    @roadrunner381 2 ปีที่แล้ว +4

    When those beautiful mansions are demolished, I feel as though a glimpse of the past has been destroyed forever, never to be seen again, what a shame!

  • @RSMMD
    @RSMMD 2 ปีที่แล้ว +12

    These Gilded Age mansions were not just homes. They were quite literally works of fine art. The fact that so many are lost is criminal.

  • @hortensemason4073
    @hortensemason4073 2 ปีที่แล้ว +4

    Loved this information. Thank you 😊💓.

  • @stevenkaskus6173
    @stevenkaskus6173 2 ปีที่แล้ว +5

    Worse than sad that this beautiful grand home with all its beautiful craftsmanship wasn't saved and put on a Nat'l historic registry.

  • @Jakecooks
    @Jakecooks 2 ปีที่แล้ว +2

    such a shame that a home like that had to be destroyed. Seeing his fate should teach people today to be careful with your money, just never know whats going to happen.

  • @lenoreleitch5297
    @lenoreleitch5297 2 ปีที่แล้ว +2

    Noooooo. Demolishing a piece of art, a piece of history, for that hideous apartment tower block?? Unreal.

  • @StamperWendy
    @StamperWendy 2 ปีที่แล้ว +3

    Fabulous, thank you! This house is the perfect dwelling to have as a subject...

  • @trj1442
    @trj1442 2 ปีที่แล้ว +3

    An excellent episode. A new sub in me.

  • @antoniafoster8264
    @antoniafoster8264 ปีที่แล้ว +1

    Such a sad story!!! I cannot believe it was demolished! Makes me physically sick! And, what was put in its place is disgraceful & ugly.

  • @ItsJustLisa
    @ItsJustLisa 2 ปีที่แล้ว +31

    What’s especially sad is that in the late 40s and into the 50s, there almost certainly weren’t architectural historians and builders specializing in historic restorations that would have been able to go into the house before demolition to rescue pieces like the marble pillars, the hand carved paneling, or any other fixtures or structures such as ceiling medallions, bannisters or stained glass windows that could be repurposed somewhere else. They were so hellbent on destroying the past that there was no thought to historical value in the future.
    The house no longer exists, but if a rescued fireplace or mahogany panels was able to help restore another historic building, part of the legacy would live on.

    • @ravenhoule948
      @ravenhoule948 6 หลายเดือนก่อน +1

      I read that before demolishing they did auction off things. Probably not as much as they should've though.

  • @kenziej4301
    @kenziej4301 2 ปีที่แล้ว +4

    I’m ready to move in 🤩

  • @kenelliott8944
    @kenelliott8944 2 ปีที่แล้ว +5

    I just love this channel!! So interesting!!

  • @fee1776
    @fee1776 2 ปีที่แล้ว +2

    If you become super rich, do not build huge mansions for yourself. It is a waste. When you die, no one wants to assume the cost of its upkeep. The area you live in can change. Look at the post Industrial cities with its urban decay. Opulent neighborhoods become poor urban streets with high crime. In the end the homes would be demolish or worst abandon/vandalized/cannibalized.

  • @shawnathon60
    @shawnathon60 2 ปีที่แล้ว +1

    I usually add these to my Education List,, very good job!

  • @martentrudeau6948
    @martentrudeau6948 2 ปีที่แล้ว +3

    It was a beautiful castle and replaced by ordinary apartment building. Kinda a shame, isn't it!

  • @desertsunman5880
    @desertsunman5880 2 ปีที่แล้ว +3

    You have great taste - thx 😉😎

  • @Dwightstjohn-fo8ki
    @Dwightstjohn-fo8ki 2 ปีที่แล้ว +15

    Central heating (and air conditioning) came in right around this time. There's a stone house in Victoria that was built near the turn of this century, but without central heating it's extremely expensive to maintain. That doomed a lot of these stone edifices. They were just too short of their time. Plus remember there was no income tax in those days, so maintenance was where the cash went.

    • @StevenTorrey
      @StevenTorrey 2 ปีที่แล้ว +6

      The land ended up being more valuable than the house.

  • @juacuri
    @juacuri 2 ปีที่แล้ว +4

    Love your videos... Can't get enough of all this gorgeous buildings.. Thanks for the information... Super interesting

  • @stevenrice9221
    @stevenrice9221 2 ปีที่แล้ว +4

    That was very informative I didn’t know anything about that mansion! Thank you 🙏

  • @twmcmahan
    @twmcmahan 2 ปีที่แล้ว +3

    The house is beautiful. The person is not. All of that wealth extracted from steel towns and moved to Manhattan, enough to build that giant monstrosity of a house... and now those steel towns are ghost towns.

    • @milieu675
      @milieu675 2 ปีที่แล้ว

      There's no correlation there. If you want to bring industry back then lend your voice to a movement and send a message to globalist politicians to get out of bed with China by voting them out of office. Cheap Chinese steel killed American steel.
      Imagine the greed of CEOs who decided to import cheap Chinese steel instead of producing it domestically.

  • @SAXONWARLORD1000AD
    @SAXONWARLORD1000AD 2 ปีที่แล้ว +2

    WOW - HOW INSANE IS THAT , KNOCKED DOWN THEN REPLACED WITH THE MOST HORRIBLE LOOKING BLOCK YOU COULD IMAGINE

  • @tamaprice1524
    @tamaprice1524 2 ปีที่แล้ว +2

    Should have been saved as a historical building what a shame

  • @kurtwollermann2210
    @kurtwollermann2210 2 ปีที่แล้ว +3

    those beautiful houses would make fantastic libraries

  • @JDSFLA
    @JDSFLA 2 ปีที่แล้ว +3

    Destroying this house is equal to razing the classic Pennsylvania Station in Manhattan.

  • @amyjones8696
    @amyjones8696 2 ปีที่แล้ว

    That is so very sad!! What a beautiful place to loose the history!!! Thank you for sharing!!

  • @bobcaygeon6799
    @bobcaygeon6799 ปีที่แล้ว +1

    Sometimes I wish I'd not watched these videos 😞 You don't know what you're missing...until you do. Thank you 'This House' all the same.

  • @muffassa6739
    @muffassa6739 2 ปีที่แล้ว +12

    I wish I could have seen these beautiful mansions before they were torn down. We have some here in Michigan that you can see, but many many more have been torn down. If you're interested and in Michigan check out Meadow Brooke in Rochester Hills

    • @ThisHouse
      @ThisHouse  2 ปีที่แล้ว

      Thank you for the recommendation!

    • @erikh9991
      @erikh9991 2 ปีที่แล้ว

      I drive around Beverly Hills but there are too many trees and gates to see most things. Google maps is my friend.

  • @christophermyers3758
    @christophermyers3758 2 ปีที่แล้ว +5

    Thank you for this video about the
    Charles Schwab mansion! 🤗
    I was wondering when it was demolished 😠 in 1948, if any architectural details ie. wood paneling, stained glass windows,
    the organ, or even furnishings were saved? And what happened to his art collection? Did anything go to museums, ie. The Met?
    As for the horrible high-rise that rose on the site, I would be ashamed/embarrassed to be known as the architect "responsible"! 😔

  • @lisasargent2841
    @lisasargent2841 2 ปีที่แล้ว +1

    I love your channel. Thank you very much for making the wonderful videos for all to learn & enjoy.

  • @jeffpetrie7744
    @jeffpetrie7744 2 ปีที่แล้ว +1

    Beautiful house!! Almost as beautiful as the Pittock Mansion in Portland, Oregon.

  • @anthonyboarman3833
    @anthonyboarman3833 2 ปีที่แล้ว +4

    The property the houses stood on, became so expensive they were sold for redevelopment.

  • @PanteA..
    @PanteA.. 2 ปีที่แล้ว +3

    I am very sorry to see what they did to that magnificent mansion. Not cool.☹☹☹

  • @donovanreimer2324
    @donovanreimer2324 2 ปีที่แล้ว

    A terrific video in all ways. Thank you!

  • @StevenTorrey
    @StevenTorrey 2 ปีที่แล้ว +1

    The phrase "ugly ostentation" comes readily to mind.

  • @timcsont6985
    @timcsont6985 2 ปีที่แล้ว +3

    a building like this should of become a museum, a centre of the arts, hotel.... something that would keep the historical fabric of the area, because you can't replace something like this.

  • @A808K
    @A808K 2 ปีที่แล้ว +4

    As a follow-up it would be fun to know how the marble columns, mahogany paneling, stained glass windows, art work, etc were repurposed.

    • @monicaluketich6913
      @monicaluketich6913 10 หลายเดือนก่อน

      They probably were not re-purposed. That in itself is a shame. Things like those windows will never be recreated again.

  • @k.6160
    @k.6160 2 ปีที่แล้ว +2

    Wow. Interesting as a former Schwab employee. It's a shame the grand home couldn't have been saved.

  • @cleigh113
    @cleigh113 2 ปีที่แล้ว +2

    Its beyond understanding how they could destroy these homes, makes no sense...

    • @janeleekeller
      @janeleekeller 2 ปีที่แล้ว

      C L
      We currently have a 'Political Mob' with every intention of 'Destroying' our entire Country.
      Do enough of America's Citizens 'Understand' That ?!
      JaneLee 🇺🇸 - in Suburban Philadelphia
      6/5/22

  • @AT-cy7im
    @AT-cy7im 2 ปีที่แล้ว +3

    Horrid, just horrid how they demolished that marvelous place and built the ugly apartments. Would you Excuse me please, I am going to trow up now.

  • @sandrabateman3015
    @sandrabateman3015 2 ปีที่แล้ว +3

    What a crime. House should have been saved.

  • @stuffchat
    @stuffchat ปีที่แล้ว +1

    I always wanna cry at the horrid end something so beautiful was made to come to.

  • @papichullo8451
    @papichullo8451 ปีที่แล้ว

    Keep up the great videos. Watched 2 already. Love it

  • @jacobmoses3712
    @jacobmoses3712 2 ปีที่แล้ว +21

    It's interesting how several of the wealthy people whose homes you have featured, were mot good stewards of their wealth and blew a large part of their fortune on a magnificent house and didn't consider that circumstances or tastes would change and their houses would end up albatrosses around their necks

    • @rcs3030
      @rcs3030 2 ปีที่แล้ว +1

      And yet we still have such big spenders in the Hollywood world today.

    • @hewitc
      @hewitc 2 ปีที่แล้ว +2

      Like all the waterfront mansions in Miami Florida that will be underwater because of rising water levels. People refuse to consider the future even if it's just around the corner.

  • @jimwiskus8862
    @jimwiskus8862 2 ปีที่แล้ว +10

    Heartbreaking how nearsighted bureaucrats can be.

  • @fernandoalvarado2523
    @fernandoalvarado2523 2 ปีที่แล้ว

    Wow, I love this video. I love NYC history. Thanks for making a wonderful video with amazing facts.

  • @phyllas121
    @phyllas121 2 ปีที่แล้ว +2

    It’s sad how they destroyed this beautiful house !!

  • @jethrojackson2524
    @jethrojackson2524 2 ปีที่แล้ว +3

    I'm afraid the US woke up a bit late to save you architectural heritage.

  • @cassandraralph5906
    @cassandraralph5906 2 ปีที่แล้ว +6

    This particular house is the victim of so called progress in the US of America!!! Really?! Thank you for this most interesting and educational video!

  • @PandaBear8795
    @PandaBear8795 2 ปีที่แล้ว +1

    That was a heartbreaking story 💔 but thank you for sharing it

  • @donkak5461
    @donkak5461 2 ปีที่แล้ว +1

    It could've been turned into an art gallery. What a loss!!!!!!