Monday, Dec. 07, 1925
Biggest Landlords
A $17,000,000 apartment hotel, to be known as the Savoy Plaza, is to be erected in Manhattan on the site of the old Hotel Savoy on Fifth Ave. and 59th St. The acquisition of the Savoy site by the United States Realty & Improvement Co. makes it the world's greatest landlord, as its holdings now include the new Savoy Plaza, the Copley Plaza in Boston, the Plaza which faces the Pulitzer
Fountain at the entrance of Central Park, and four of the largest downtown office buildings in Manhattan: the Whitehall Building, the Trinity Building, the United States Realty Building, the Broad St. Exchange Building.