@oldmoneymansions Yes, We Should Work Harder Everyday To Save These Old Mansions If The Resources Are Available Of Course, But Also Put These Houses And Mansions On The Historic Registry Surely The Townspeople Could Chip In That Way Everyone Owns A Piece Of History....... And Take The Advice Of The Two People Who Commented Before Me Do The Mansions From Their Towns... 😁😁😁😁😁😁😁😁
Yes. They can NEVER be duplicated and there are only a finite number of them. At the very least if they MUST be demolished their wood, marble, and anything else that can be salvaged should be.
Could you do a video on an American style Queen Anne mansion? ....... Like the Carson Mansion in California. I love that style. I'm clueless when it comes to architecture, etc but I do love & admire what I think are beautiful buildings ...... They are very gothic looking. 👍.
How sad the decision to demolish the house was left to a politician. The lack of appreciation of what the mansion represented in history, architectural, and context is simply translated into a magnificent loss!
chelin NO !!! It was reality !!! Those mansons were built as a slap in the face to the poor common workers that creted that obscene wealth....they got what they deserved !!!
Yes, too many of these amazing places have been destroyed. I never want to live in a home larger than I can clean myself, but I LOVE to visit grand homes and admire the skill and artistry it took to create them. We all lose art and history when these beautiful places are destroyed. Imagine what a tourist draw this mansion would be, and what art it could display! I enjoy these videos very much.
It is truly a shame that in America, if it’s part of our past, quite extraordinary beautiful, we destroy it! Yes, I believe these places should be saved.
The Schwab Mansion's style was not Beaux Arts, it was French Chaeteau style or French Renaissance. Today such a mansion would have been repurposed since this is a time of historic preservation. The Schwab homes at Braddock and Loreto, Pa,are still standing and will be preserved.
There was an idea to repurpose it: make it the mayor's official residence (pre Gracie Mansion days), but it died just like the same idea in Chicago to save the Potter Palmer mansion. Unfortunately, there was a large problem that I've mentioned in other videos about these great NYC mansions: the land just became too darn valuable/expensive not to make the most use of it that was possible. BTE I agree with you about the style of the mansion.
Thank you! The historic preservation concept was thrown and even if land became so valuable, there are ALWAYS solutions, just have to find them. I think, if you follow the money, the answer is found.
@@chelin7023 Unfortunately, the money mostly says that one needs to put the maximum volume on the property and repurposing the mansion on it isn't enough. Please don't get me wrong, I'd love to see most of these great houses preserved, but I live in reality not a fantasy land. Heaven knows how often I'm attacked on these sites by people who put nice ideas ahead of dollars and cents actuality.
WOW!!! What a place. I hope more than the pillars, etc, was salvaged. It breaks my heart 💔 when I see that something of such great beauty isn't appreciated. What a shame.
Yes we should definitely try to preserve these old mansions from are early history tycoons. Reminds me of the Frederick Pabst mansion in Milwaukee, which has been preserved.😊
It's amazing that Eurana Schwab thought that she was 'isolated' by living on 73rd St. NYC, only 1 1/2 miles from 42nd St.& its theaters & 3 1/2 miles from Wall St.& the stock market! This magnificent home should have been built on Long Island's "Gold Coast" or Westchester, where its views would not have been hampered! p.s. The narrator of this video was awesome!
Ill add this happened all across this nation in every city and town. The incredible act of public vandalism destroying Penn Station still stands in my mind an act of war against human decency of public space.
Great comment. When a house such as the Schwab mansion is completed and paid for... it isn't really paid for asthe owner has to keep paying and paying for upkeep and taxes and for the wages of the people who clean and maintain the house.
There's no doubt that the mansion was a lot more glamorous than the apartment building that now sits on that land, but without the funds to maintain such a place it made no sense to keep it when that land was so valuable. What a sad ending for the family, altho it is a common story of wealth & how to lose it ! At the same time there are many, many other beautiful homes of that era still standing, some as museums, so all is not lost. That house was actually the epitome of the gross nature of super wealth & how NOT to spend your money should you find yourself suddenly so wealthy ! A more cautious approach is far safer ! That was all about showing off after all !
What was conspicuously missing were photos of the gym, bowling alley, swimming pool, and master suite. Also it would have been interesting to see the elevators. Also a description and pictures of the A/C system.
Whoever made the final decision on destroying such a work of art a true architectural masterpiece should have had their head examined The amount of money doing tours of such a jewel could of made millions of dollars for the State Of New York Someone who was probably extremely jealous of such oppulence Couldn t let the triumph of hard work grace NYC even as a monument to an era of splendor beyond what is hard to compare to even todays standards
"The amount of money doing tours of such a jewel could of made millions of dollars for the State Of New York." If that was the case there wouldn't be so many castles in Europe deterorating. The cost to maintain and staff a large building is usually higher than what the revenue of tourism generates.
@@LincolnRon The Us isn't Europe where old world Mansions are commonplace we don t have alot of these architectural dreams it all depends on whos running the operation and how its promoted They could have created a fabulous 5 Star Restaurant Rented several floors as a Hotel.Sold look alike clothing from that era had an auction house in part of the building Rented the entire place out for Elite Parties and Events Created an International High Rollers Club for Old money Put a First Class Spa on the top floor So no I do not agree with you If they set up a savy Board Of Directors and had a pinch of creativity and courage it could of made International Front Page News across the World To me what they did is an Artistic atrocity
Your comment is easily refutable. Millions of dollars from tours wasn’t a thing in 1948. You’re looking at this with 2023 eye glasses. Nobody back in the 40’s knew it was even a possibility.
@@alexandramedichi4668 How would I know? It’s called history…and studying it. Case in point, aren’t we here, watching a video of a magnificent architecture home that was not saved??! My dad, a school teacher for forty years and born in the early 1930’s, just concurred with me, too. Think about it: $100 in 1946 = over $1,500 today. Inflation. In 1944, there were only 13,000 millionaires in the US. Today, there are 24.5 million millionaires! Based on my property/equity and assets, I am a millionaire. It doesn’t take very much these days because of the devaluation of the US dollar. My comment stands: raising millions of dollars, especially in an era where saving and restoring property wasn’t a common thought, was not common. The National Register of Historic Places wasn’t even founded until 1966.
I cringe to see the sheer brutality of the demolition of a noteworthy architectural marvel from the past. Gone forever and completely irreplaceable at any cost today. There are so few of these iconic historical buildings left and their natural ambience add magic to our sterile modern city environments. In this case replacing this icon with the ugliest tenement slum is the ultimate shame.
Very interesting and informative video. If the NYC government felt that it was too opulent for government offices, then they could have repurposed it as a museum. The architecture and art inside by itself would have been an interesting exhibit.
I always new that Charles Schwab of Charles Schwab Corporation here in San Francisco, Is a gentleman of grandstanding taking good care of his investors and giving them honest and good advice. Love the introduction and the grand fabulous Mansons and taste this family showed. Thank you for giving us the inside of a great family.
In the U.K. we have buildings that are classed as Grade l , Grade ll , & Grade ll* listed buildings. This means they are 'protected' & can't be changed &/or other things. Does the U.S. not have something like this? That mansion is, well was, beautiful! Such a shame it was demolished.
No the USA doesn't it do that But the european methods make nearly "holy icons" of buildings and expect private owners to put up with the interference and even mistakes of bureaucrats with who-knows-what "expertise". There are tax incentives in this country for historic preservation. It is perhaps one of the most idiotic practices of European historic preservation law that ruins can be given a grade and the bureaucracy actually expects anyone crazy enough to dare to spend fortunes on their renovation to meet any kind of standards. If the state can't pitch in to help preserve mouldering piles - that anywhere else might just be given the coup de grace to put them out of their misery - more sensible people, and not so wealthy, would say "just let them rot". I watch a lot of DIY and preservation videos and have read extensively on the subject. Historic preservation philosophy is so full of intellectual and aesthetic holes it could be considered comical if you cared to think that way. Some buildings are just too large and expensive to repair and maintain anymore. They lost their raison d'etre decades, even centuries ago and trying to maintain them as intended is a very expensive act of embalming. You can't recreate the social and economic order that made them possible. The original builders were not so wedded to the past and would alter them to suit their needs.
Yes the US now has a similar system - particularly brought on by the demolition of New York’s Penn Station (we’ll do a video on that soon) en.wikipedia.org/wiki/National_Historic_Preservation_Act?wprov=sfti1
@@oldmoneymansions NYC and the USA have historic preservation laws but they differ depending on the place. Today a house like the Schwab mansion might have been preserved by selling off air rights to developers of lots elsewhere. That wasn't the practice at the time and may have been used first to save Grand Central Station. The Pan Am building uses GSS air rights, I think. It might also be redundant in that the house sat on the edge of Riverside Drive. There is a long landscaped park along the shore of the Hudson River. Selling air rights might have allowed the house to live off an endowment to maintain it. But these houses weren't that rare at the time and had no real historic significance. Schwab wouldn't have been considered "old money". The house I think was an architectural loss was the Clark mansion. The tower alone made it unique and of a type that doesn't exist anywhere in NYC. The italianate tower house is more common in smaller american cities and towns even in rural areas The Clark mansion was a beaux arts style mansion and considered in bad taste by the critics and many New Yorkers. New Yorkers generally despised it, apparently, because Clark was a corrupt US senator. It was hard on his youngest daughter, Huguette. There's video's on her.
If you were astounded by this home you ought to check out the other Schwab estate in Lorreto Pennsylvanian. It’s currently owned by St. Francis University and is a living testament of gilded age grandeur…
This wouldn't have happened im my country it would've been preserved and opened to the public we have buildings going back hundreds of years its part of our history
WHEN I WATCHED THIS VIDEO, I COULD NOT BELIEVE THAT IT WAS DESTROYED!!!!!!!!!!!!!!!!!!!!! I WANTED TO CRY !!!!!!!!!!!!!!!!!WHAT BEAUTY !!!!!!!!! THIS WAS THE PERFECT ARCHITECT WORLD CENTER TO EDUCATE FUTURE WORLD ARCHITECTS , TO STUDY . THE HISTORY ALONE OF THIS BUILDING COULD HAVE INSPIRED SO MANY STUDENTS NOT ONLY IN ARCHITECTURE BUT IN SO MANY OTHER FIELDS, THAT COINSIDE WITH IT. IT IS SUCH A SHAME!!!!!!!!!!!!! THIS BUILDING COULD HAVE BEEN THE HEAD QUATERS OF THE WORLD FOR ACHITECTS, INTERIOR DECORATERS, PAINTERS, CARPENTERS ETC............... I AM SO UPSET AND LITERALLY ILL AFTER READING ABOUT THIS MAGNIFICENT BUILDING BEING DESTROYED.
sadly ,these great mansions are lost when they become fashionable real estate locations where the owners of the properties are only interested in making money than in preserving historic buildings . These days it may have been preserved. Hiopefully that will be the case of the existing Schwab Mansion in Braddock,Pa.
Wow happened upon this video. Sounds like this was an amazing house! To bad it was demolished. Surely it could have been repurposed as a museum or private school?
Love this video! Just a quick note: a couple of years later, Charles regained his wealth with his company during the United States' involvement in World War II. Sadly, he had passed away before then. Let's not forget that Charles was an ethical man who treated his workers with respect and admiration.
A tour and historical review of the John Ringling mansion "Ca d' Zan" Sarassota, Florida, would be quite interesting. The John Deering mansion "Vizcaya" in Miami, Florida.
Sad that all that work and fine details ended up being destroyed. But this is another symbol to us all that nothing really last forever. Nothing. We all die eventually. Even “our” mansions.
When I see illustrations & photos (like the ones shown at 3:17), from the golden age, you know what I rarely if ever see? Really large women. You'll see XL men but not women. I hope they salvaged almost everything in the house before they tore it down. Generally, American city gov't don't appreciate fine old buildings the same way as say, the English. Windsor Castle was built in the 11th century. The Citadel of Aleppo was built in 3000 BC. Although I don't think anyone still lives there any more, it's still standing.
Charles Schwab 💰 When i dream of money,this is the first man that would pop up in my head throughout my childhood - This man is the definition of Wealth & Opulence ❤
The Americans are always in awe of our European buildings and chateaux yet they demolished most of their own to replace them with crappy modern buildings or jsut nothing at all. So many incredible structures gone or simply fallen to decay.
There are so many châteaux that are rotting away in France because the upkeep is much too expensive. Quite a few are priced so low just to get someone to purchase and unless they can be historically important there is no help from the government. Of course Versailles was fortunate enough to qualify for assistance and in addition the palace makes money from regular people who visit, who contribute to its upkeep and purchase items in the gift shops.
@@billieford9683 Yes there are hundreds and some partially liveable. In France the inheritance laws mean that some buildings belong to several people and often they don't agree on caring or selling up so they rot. I have looked into many and I have many books on 'lost houses' in the UK especially after the expo in the 70's called 'The destruction of the country house' curated by Sir Roy Strong. As a child I played in a gorgeous 18 century georgian manor house and estate that was partially furnished and is now four ivy clad walls. I am in touch with several couples (non French) who have bought and restored chateaux here in France and made them pay their way. For years the French saw these buildings as a bottomless pit of money and no way to make them viable but internet, the wedding boom and UA-cam have together saved many. Stephanie Jarvis paved the way with her 'Chateau Diaries' where in the first years she struggled to pay for electricity and now has a massive following, an important Patreon account and employs quite a few people.
I am really sorry for Schwab house😢. No doubt, those mansions should be preserved, many people's amazing work should be admired and loved by future generations to remind us of something good humans can do, we are not that bad after all.😂
The gilded age was amazing. Everyone says it was a bad time, but wages went up 25% in 4 years. The price of farm land went up as well. Key indicators that everyone was starting to do better.
who was the builder? where are the photos of onsite work? and documents detailing the builder timeline and completion? nothing like this gets done without the most detailed, precise work orders...
Yes, of course we should try to save buildings of beauty as a monument to a bygone age and prosperity. Certainly an absolute beauty in its day, the First World War followed by the great depression and Mrs Schwab's deterioration all contributed to the demise of this amazing home. The replacement epitomises the bland and faceless architecture of that era. Such a great shame.
nothing survives...lives end wealth evaporates/or is left to inheritors....all that is left as a reminder of what was or what was possible is the art and the ability of man to create....when we destroy those creations whether they be a simple book or a Rembrandt painting we turn our backs on the ultimate potential of human beings...and we deny the only truth in life.....beauty....
This is, of course, a crime, like was the destruction of the magnificent Penn Station, modeled after the baths of Emperor Caracalla. Grand Central was only saved through the intervention of Mrs Jacqueline Kennedy. So many marvels have been destroyed that we could spend the whole day crying. There has been a fury to build atrociously ugly architecture. It is as if these persons, hypnotized by the sinister Bauhaus, so close in time to the Nazis, completely devoid of creativity. More architects followed, who poisoned the planet with rectangular horrors everywhere: European suburbs are a tragic sight of Soviet style buildings, where people do not live well, and give rise to periodic revolts. It is incredible that some persons coldly decide the destruction of something beautiful and replace it with these ubiquitous atrocities. Could we finally do better than these iconoclasts?
This was a different era! When they built these Mansions pleas remember there was NO TAXES! State or Federal! That is why the people of yesterday could afford to build them! This should have been saved for Historical Value!
The world does not need any more mansions, palaces or Château. Having been surrounded with opulence during different times in my life…I can say that most of the wealthy families who owned/own these places are not happy. There is so much that can be done for millions of people with the exorbitant cost of these places and their upkeep. What good is it to have monolithic structures… where no one resides. A hand full😢 , if that, of staff keep these clean …the life having been sucked out from them. Rather depressing, when I have been in places and countries where the needs are so great…all people need is a little help.
Yes,, we should study and not destroy this Beautiful mansions. How about the mansions in my backyard the Richard Sharpe Home in Wilkes-Barre, Pennsylvania.
Removing monuments of What a man can do , God fearing people knew it was by God's grace that they achieved and succeeded. Just as churches are being demolished , soour enslavement becomes more certain , . Imagine how many folks got employment out of this grand plan, Humility helps a man keep his wealth , I know of a rich man who grew a huge and successful business in nz, Farmers NZ was our claim to fame, The owner was renowned for living on the ten percent of his wealth, and used the rest to help employees and missionaries to and from other countries .whilst that occurred , his business flourished, hmm❤
James J. HILL in St.Paul, MN. Attempts have been made to eradicate it. Unfortunately, I saw it emptied out and left to a hulking carcass. Would love to know it's status.
It's a shame that everything over 100 years old has to be torn down for rebuilding of other buildings in the United States. Where as in Europe, they cherish old buildings. They have stone fences older then the beginning of the US. We have to start rethinking about our building histories and keep them standing.
Just a note: The "a" in Schwab is pronounced like the "a" in awe, not the "a" in arsenic. Also the actual way to pronounce Carnegie is to stress the "ne," but the way it's said here has incorrectly become the standardization. The photo between the Marble House gold ballroom and the mansion itself is the grand staircase of the Paris Opera, not an American mansion (but, yes it is Beaux Arts). I also hear Beaux Arts being pronounced in this video both as "bow art" (wrong) and "bows art" (correct as Arts begins with a vowel). There are a few times where Mrs Astor's ballroom is shown but made to seem as if it were a part of the Schwab mansion. I'm still hoping for a video on San Marino (Henry Huntington) and its art and gardens.
To an altruist nation which regards, self interest is evil shouldn’t even pretend to be surprised that the symbols of private, individual success, beyond the wildest imagination of the envying public should be torn down. If you regard altruism as morality, YOU are the cause and the problem.
COMMENT: Do you think we should work harder to stop these buildings from being destroyed? And - which mansion should feature next?
Also Old Money Luxury, can You do videos on The Coal Baron Mansions in my backyard of Hazleton: Pardee, Markel and Coxe. Thanks and Cheers!😊☕☕☕☕😊
@oldmoneymansions Yes, We Should Work Harder Everyday To Save These Old Mansions If The Resources Are Available Of Course, But Also Put These Houses And Mansions On The Historic Registry Surely The Townspeople Could Chip In That Way Everyone Owns A Piece Of History....... And Take The Advice Of The Two People Who Commented Before Me Do The Mansions From Their Towns...
😁😁😁😁😁😁😁😁
Yes. They can NEVER be duplicated and there are only a finite number of them. At the very least if they MUST be demolished their wood, marble, and anything else that can be salvaged should be.
Massive waste of money good riddance
Could you do a video on an American style Queen Anne mansion? ....... Like the Carson Mansion in California.
I love that style.
I'm clueless when it comes to architecture, etc but I do love & admire what I think are beautiful buildings ...... They are very gothic looking. 👍.
How sad the decision to demolish the house was left to a politician. The lack of appreciation of what the mansion represented in history, architectural, and context is simply translated into a magnificent loss!
Probably was a Democrat.
Oh my gosh that is terrible!
Jealous rivals, are truly evil and selfish, the same then as now.
chelin NO !!! It was reality !!! Those mansons were built as a slap in the face to the poor common workers that creted that obscene wealth....they got what they deserved !!!
@@wilburfinnigan2142 Think of all of the jobs he created.
Yes, too many of these amazing places have been destroyed. I never want to live in a home larger than I can clean myself, but I LOVE to visit grand homes and admire the skill and artistry it took to create them. We all lose art and history when these beautiful places are destroyed. Imagine what a tourist draw this mansion would be, and what art it could display! I enjoy these videos very much.
Cheers! Well said!
Yes indeed !
I think exactly the same.
I personally would want a home larger than this one. I dream of one
@@jdos5643 Haha! You must not do your own cleaning!
It is truly a shame that in America, if it’s part of our past, quite extraordinary beautiful, we destroy it! Yes, I believe these places should be saved.
We are not judged by what we keep, but by what we destroy.
The Schwab Mansion's style was not Beaux Arts, it was French Chaeteau style or French Renaissance. Today such a mansion would have been repurposed since this is a time of historic preservation. The Schwab homes at Braddock and Loreto, Pa,are still standing and will be preserved.
There was an idea to repurpose it: make it the mayor's official residence (pre Gracie Mansion days), but it died just like the same idea in Chicago to save the Potter Palmer mansion. Unfortunately, there was a large problem that I've mentioned in other videos about these great NYC mansions: the land just became too darn valuable/expensive not to make the most use of it that was possible. BTE I agree with you about the style of the mansion.
Thank you! The historic preservation concept was thrown and even if land became so valuable, there are ALWAYS solutions, just have to find them. I think, if you follow the money, the answer is found.
@@chelin7023 Unfortunately, the money mostly says that one needs to put the maximum volume on the property and repurposing the mansion on it isn't enough. Please don't get me wrong, I'd love to see most of these great houses preserved, but I live in reality not a fantasy land. Heaven knows how often I'm attacked on these sites by people who put nice ideas ahead of dollars and cents actuality.
Correct. This was in no way a Beaux Arte building, but more inspired by the the French Chateaux of the late Medieval, early Renaissance period.
Burn these ugly houses down......
WOW!!! What a place.
I hope more than the pillars, etc, was salvaged.
It breaks my heart 💔 when I see that something of such great beauty isn't appreciated. What a shame.
Yes we should definitely try to preserve these old mansions from are early history tycoons. Reminds me of the Frederick Pabst mansion in Milwaukee, which has been preserved.😊
Amazing the city could not find some use for such a gorgeous building.😢
It's amazing that Eurana Schwab thought that she was 'isolated' by living on 73rd St. NYC,
only 1 1/2 miles from 42nd St.& its theaters & 3 1/2 miles from Wall St.& the stock market!
This magnificent home should have been built on Long Island's "Gold Coast" or Westchester,
where its views would not have been hampered! p.s. The narrator of this video was awesome!
Cheers!!
Ill add this happened all across this nation in every city and town. The incredible act of public vandalism destroying Penn Station still stands in my mind an act of war against human decency of public space.
So sad that many of these grand homes have been demolished. Understandable, though, as the financial upkeep must have been astronomical.
i’m wondering how much property tax the owner pays every year..
Great comment. When a house such as the Schwab mansion is completed and paid for... it isn't really paid for asthe owner has to keep paying and paying for upkeep and taxes and for the wages of the people who clean and maintain the house.
@@andrewbrendan1579 that applies to any property.
Always devastated to hear that these were destroyed
There's no doubt that the mansion was a lot more glamorous than the apartment building that now sits on that land, but without the funds to maintain such a place it made no sense to keep it when that land was so valuable. What a sad ending for the family, altho it is a common story of wealth & how to lose it ! At the same time there are many, many other beautiful homes of that era still standing, some as museums, so all is not lost. That house was actually the epitome of the gross nature of super wealth & how NOT to spend your money should you find yourself suddenly so wealthy ! A more cautious approach is far safer ! That was all about showing off after all !
Interesting take.
It should have never been torn down.
What was conspicuously missing were photos of the gym, bowling alley, swimming pool, and master suite. Also it would have been interesting to see the elevators. Also a description and pictures of the A/C system.
A totally amazing story and as a history buff I had never heard of it B4.
This narrator is very good. Great voice. He could narrate any UA-cam video about anything and make it sound regal. Smart. 👍
Wow, thank you!
It's sad such an awesome historical home be destroyed it was absolutely beautiful.
Whoever made the final decision on destroying such a work of art a true architectural masterpiece
should have had their head examined
The amount of money doing tours of such a jewel could of made millions of dollars for the State Of New York
Someone who was probably extremely jealous of such oppulence
Couldn t let the triumph of hard work grace NYC even as a monument to an era of splendor beyond what is hard to compare to even todays standards
"The amount of money doing tours of such a jewel could of made millions of dollars for the State Of New York."
If that was the case there wouldn't be so many castles in Europe deterorating. The cost to maintain and staff a large building is usually higher than what the revenue of tourism generates.
@@LincolnRon
The Us isn't Europe where old world Mansions are commonplace we don t have alot of these architectural dreams
it all depends on whos running the operation and how its promoted
They could have created a fabulous
5 Star Restaurant Rented several floors as a Hotel.Sold look alike clothing from that era had an auction house in part of the building Rented the entire place out for Elite Parties and Events Created an International High Rollers Club for Old money Put a First Class Spa on the top floor
So no I do not agree with you
If they set up a savy Board Of Directors
and had a pinch of creativity and courage it could of made International Front Page News across the World
To me what they did is an Artistic atrocity
Your comment is easily refutable. Millions of dollars from tours wasn’t a thing in 1948. You’re looking at this with 2023 eye glasses. Nobody back in the 40’s knew it was even a possibility.
@@itmsjim were you born before 1948 like way before 1948 because if you weren 't , how would you know what people wanted or did in 1948?
@@alexandramedichi4668 How would I know? It’s called history…and studying it. Case in point, aren’t we here, watching a video of a magnificent architecture home that was not saved??! My dad, a school teacher for forty years and born in the early 1930’s, just concurred with me, too. Think about it: $100 in 1946 = over $1,500 today. Inflation. In 1944, there were only 13,000 millionaires in the US. Today, there are 24.5 million millionaires! Based on my property/equity and assets, I am a millionaire. It doesn’t take very much these days because of the devaluation of the US dollar. My comment stands: raising millions of dollars, especially in an era where saving and restoring property wasn’t a common thought, was not common. The National Register of Historic Places wasn’t even founded until 1966.
I cringe to see the sheer brutality of the demolition of a noteworthy architectural marvel from the past. Gone forever and completely irreplaceable at any cost today. There are so few of these iconic historical buildings left and their natural ambience add magic to our sterile modern city environments. In this case replacing this icon with the ugliest tenement slum is the ultimate shame.
In the well known book "How To Win Friends And Influence People", Charles Schwab is used as an example of how to successfully interact with people
So so sad this beautiful home has been destroyed 😢😡😢😢
Very interesting and informative video. If the NYC government felt that it was too opulent for government offices, then they could have repurposed it as a museum. The architecture and art inside by itself would have been an interesting exhibit.
I always new that Charles Schwab of Charles Schwab Corporation here in San Francisco, Is a gentleman of grandstanding taking good care of his investors and giving them honest and good advice. Love the introduction and the grand fabulous Mansons and taste this family showed. Thank you for giving us the inside of a great family.
Yes I agree they need to be saved. Any info into the mansions of Pennsylvania like Whitemarsh, Elkins Park and Lynnwood Hall
Yes! We’ll definitely be doing those soon
In the U.K. we have buildings that are classed as Grade l , Grade ll , & Grade ll* listed buildings.
This means they are 'protected' & can't be changed &/or other things. Does the U.S. not have something like this?
That mansion is, well was, beautiful! Such a shame it was demolished.
No the USA doesn't it do that But the european methods make nearly "holy icons" of buildings and expect private owners to put up with the interference and even mistakes of bureaucrats with who-knows-what "expertise". There are tax incentives in this country for historic preservation.
It is perhaps one of the most idiotic practices of European historic preservation law that ruins can be given a grade and the bureaucracy actually expects anyone crazy enough to dare to spend fortunes on their renovation to meet any kind of standards. If the state can't pitch in to help preserve mouldering piles - that anywhere else might just be given the coup de grace to put them out of their misery - more sensible people, and not so wealthy, would say "just let them rot".
I watch a lot of DIY and preservation videos and have read extensively on the subject. Historic preservation philosophy is so full of intellectual and aesthetic holes it could be considered comical if you cared to think that way.
Some buildings are just too large and expensive to repair and maintain anymore. They lost their raison d'etre decades, even centuries ago and trying to maintain them as intended is a very expensive act of embalming. You can't recreate the social and economic order that made them possible. The original builders were not so wedded to the past and would alter them to suit their needs.
Yes the US now has a similar system - particularly brought on by the demolition of New York’s Penn Station (we’ll do a video on that soon) en.wikipedia.org/wiki/National_Historic_Preservation_Act?wprov=sfti1
@@oldmoneymansions NYC and the USA have historic preservation laws but they differ depending on the place. Today a house like the Schwab mansion might have been preserved by selling off air rights to developers of lots elsewhere. That wasn't the practice at the time and may have been used first to save Grand Central Station. The Pan Am building uses GSS air rights, I think. It might also be redundant in that the house sat on the edge of Riverside Drive. There is a long landscaped park along the shore of the Hudson River. Selling air rights might have allowed the house to live off an endowment to maintain it. But these houses weren't that rare at the time and had no real historic significance. Schwab wouldn't have been considered "old money".
The house I think was an architectural loss was the Clark mansion. The tower alone made it unique and of a type that doesn't exist anywhere in NYC. The italianate tower house is more common in smaller american cities and towns even in rural areas The Clark mansion was a beaux arts style mansion and considered in bad taste by the critics and many New Yorkers. New Yorkers generally despised it, apparently, because Clark was a corrupt US senator. It was hard on his youngest daughter, Huguette. There's video's on her.
America has fallen to delusional grifters, who would rather demolish anything and everything for a friggin profit one way or another
@@paulrosa6173sounds ridiculous to me when they can preserve these masterpieces and charge admission
If you were astounded by this home you ought to check out the other Schwab estate in Lorreto Pennsylvanian. It’s currently owned by St. Francis University and is a living testament of gilded age grandeur…
If you are ever in Palm Beach go see the Flagler house ... still there and spectacular !
This wouldn't have happened im my country it would've been preserved and opened to the public we have buildings going back hundreds of years its part of our history
Beauty destroyed diminishes all of us. I hope every cranny was photographed.
Personally I would like to see old buildings preserved as original as possible.
WHEN I WATCHED THIS VIDEO, I COULD NOT BELIEVE THAT IT WAS DESTROYED!!!!!!!!!!!!!!!!!!!!! I WANTED TO CRY !!!!!!!!!!!!!!!!!WHAT BEAUTY !!!!!!!!! THIS WAS THE PERFECT ARCHITECT WORLD CENTER TO EDUCATE FUTURE WORLD ARCHITECTS , TO STUDY . THE HISTORY ALONE OF THIS BUILDING COULD HAVE INSPIRED SO MANY STUDENTS NOT ONLY IN ARCHITECTURE BUT IN SO MANY OTHER FIELDS, THAT COINSIDE WITH IT. IT IS SUCH A SHAME!!!!!!!!!!!!! THIS BUILDING COULD HAVE BEEN THE HEAD QUATERS OF THE WORLD FOR ACHITECTS, INTERIOR DECORATERS, PAINTERS, CARPENTERS ETC............... I AM SO UPSET AND LITERALLY ILL AFTER READING ABOUT THIS MAGNIFICENT BUILDING BEING DESTROYED.
You must be a wonderful person that you can feel such wonderful emotions. Now will you be paying for the upkeep to preserve buildings like this?
sadly ,these great mansions are lost when they become fashionable real estate locations where the owners of the properties are only interested in making money than in preserving historic buildings . These days it may have been preserved. Hiopefully that will be the case of the existing Schwab Mansion in Braddock,Pa.
Wow happened upon this video. Sounds like this was an amazing house! To bad it was demolished. Surely it could have been repurposed as a museum or private school?
Glad you liked it!
Love this video! Just a quick note: a couple of years later, Charles regained his wealth with his company during the United States' involvement in World War II. Sadly, he had passed away before then. Let's not forget that Charles was an ethical man who treated his workers with respect and admiration.
The problem with building your dream house is that your dream had better be like someone else's dream or nobody will want it.
A tour and historical review of the John Ringling mansion "Ca d' Zan" Sarassota, Florida, would be quite interesting. The John Deering mansion "Vizcaya" in Miami, Florida.
Sad that all that work and fine details ended up being destroyed. But this is another symbol to us all that nothing really last forever. Nothing. We all die eventually. Even “our” mansions.
European castles have existed since the 15,16,&17th centuries.
When I see illustrations & photos (like the ones shown at 3:17), from the golden age, you know what I rarely if ever see? Really large women. You'll see XL men but not women. I hope they salvaged almost everything in the house before they tore it down. Generally, American city gov't don't appreciate fine old buildings the same way as say, the English. Windsor Castle was built in the 11th century. The Citadel of Aleppo was built in 3000 BC. Although I don't think anyone still lives there any more, it's still standing.
It's disgusting that these grand old ladies are destroyed like that.
😢
They are works of art.
That was very good! Who cares which get demolished and which survive. Both stories could be great especially with film, photos and the story together.
Charles Schwab 💰 When i dream of money,this is the first man that would pop up in my head throughout my childhood - This man is the definition of Wealth & Opulence ❤
It’s just criminal that these buildings had been destroyed! There are many architectural masterpieces lost in the name of progress!! Only in America….
Maybe it could have been used for gov't offices instead of building new ones...additionally opening up parts for tourism
Precisely
What an enormous mistake destroying this historic mansion what a beautiful piece of workmanship, sad.
The Americans are always in awe of our European buildings and chateaux yet they demolished most of their own to replace them with crappy modern buildings or jsut nothing at all. So many incredible structures gone or simply fallen to decay.
There are so many châteaux that are rotting away in France because the upkeep is much too expensive. Quite a few are priced so low just to get someone to purchase and unless they can be historically important there is no help from the government.
Of course Versailles was fortunate enough to qualify for assistance and in addition the palace makes money from regular people who visit, who contribute to its upkeep and purchase items in the gift shops.
@@billieford9683 Yes there are hundreds and some partially liveable. In France the inheritance laws mean that some buildings belong to several people and often they don't agree on caring or selling up so they rot. I have looked into many and I have many books on 'lost houses' in the UK especially after the expo in the 70's called 'The destruction of the country house' curated by Sir Roy Strong. As a child I played in a gorgeous 18 century georgian manor house and estate that was partially furnished and is now four ivy clad walls. I am in touch with several couples (non French) who have bought and restored chateaux here in France and made them pay their way. For years the French saw these buildings as a bottomless pit of money and no way to make them viable but internet, the wedding boom and UA-cam have together saved many. Stephanie Jarvis paved the way with her 'Chateau Diaries' where in the first years she struggled to pay for electricity and now has a massive following, an important Patreon account and employs quite a few people.
The purposeful demolition of such treasures in any part of the world both angers and saddens me.
I am really sorry for Schwab house😢. No doubt, those mansions should be preserved, many people's amazing work should be admired and loved by future generations to remind us of something good humans can do, we are not that bad after all.😂
Excellent documentry. Thought provoking
It was painful watching that wrecking ball destroy the beautiful work of all those craftsmen, how awful!
As an interior trim carpenter and cabinet installer it was painful to watch
It’s nice to see some of the buildings visible ( @.59) on W 74st are literally unchanged such as 323/325 etc
It was destroyed to help us forget how incredible we used to be.
The gilded age was amazing. Everyone says it was a bad time, but wages went up 25% in 4 years. The price of farm land went up as well. Key indicators that everyone was starting to do better.
who was the builder? where are the photos of onsite work? and documents detailing the builder timeline and completion? nothing like this gets done without the most detailed, precise work orders...
Maintaining such a structure when it is old is exhorbitant, especially when skills are lost. That is not factored by the founders.
Thanks for the great research and narrative. Blessings.
Our pleasure!
Thank you for the video
AMAZING what can be done without Income Taxes. How much is lost because of Personal Taxes. Hearst Castle was almost lost.
NYC HAS, Historically, HAD ZERO RESPECT FOR IT’S ARCHITECTURAL TREASURES!! Sad & Tragic!!
Greed is NOT GOOD!
Yes, of course we should try to save buildings of beauty as a monument to a bygone age and prosperity. Certainly an absolute beauty in its day, the First World War followed by the great depression and Mrs Schwab's deterioration all contributed to the demise of this amazing home. The replacement epitomises the bland and faceless architecture of that era. Such a great shame.
nothing survives...lives end wealth evaporates/or is left to inheritors....all that is left as a reminder of what was or what was possible is the art and the ability of man to create....when we destroy those creations whether they be a simple book or a Rembrandt painting we turn our backs on the ultimate potential of human beings...and we deny the only truth in life.....beauty....
All companies always end up bankrupt just as all fortunes dissappate
This is, of course, a crime, like was the destruction of the magnificent Penn Station, modeled after the baths of Emperor Caracalla. Grand Central was only saved through the intervention of Mrs Jacqueline Kennedy. So many marvels have been destroyed that we could spend the whole day crying. There has been a fury to build atrociously ugly architecture. It is as if these persons, hypnotized by the sinister Bauhaus, so close in time to the Nazis, completely devoid of creativity. More architects followed, who poisoned the planet with rectangular horrors everywhere: European suburbs are a tragic sight of Soviet style buildings, where people do not live well, and give rise to periodic revolts. It is incredible that some persons coldly decide the destruction of something beautiful and replace it with these ubiquitous atrocities. Could we finally do better than these iconoclasts?
Best way to say it, "Now he was THAT Charles Schwab, not THIS Charles Schwab."
This was a different era! When they built these Mansions pleas remember there was NO TAXES! State or Federal! That is why the people of yesterday could afford to build them! This should have been saved for Historical Value!
The world does not need any more mansions, palaces or Château. Having been surrounded with opulence during different times in my life…I can say that most of the wealthy families who owned/own these places are not happy. There is so much that can be done for millions of people with the exorbitant cost of these places and their upkeep. What good is it to have monolithic structures… where no one resides. A hand full😢 , if that, of staff keep these clean …the life having been sucked out from them. Rather depressing, when I have been in places and countries where the needs are so great…all people need is a little help.
Nonsense. What the world doesn’t need are millions more people.
Needs to be federal protection for the history of the United States
In its entirety.
Yes!!! Stop the destruction! A BOX was built on that precious land. Build the same somewhere else to house the many.
Only in America would they demolish such a historic masterpiece.
No one wanted to pay the ridiculous cost of the land and extremely expensive house. The cheap apartments were very temporary.
The mansion stood for only 40 years. The apartments nearly 75 now.
Yes,, we should study and not destroy this Beautiful mansions. How about the mansions in my backyard the Richard Sharpe Home in Wilkes-Barre, Pennsylvania.
Removing monuments of What a man can do , God fearing people knew it was by God's grace that they achieved and succeeded. Just as churches are being demolished , soour enslavement becomes more certain , . Imagine how many folks got employment out of this grand plan, Humility helps a man keep his wealth , I know of a rich man who grew a huge and successful business in nz, Farmers NZ was our claim to fame, The owner was renowned for living on the ten percent of his wealth, and used the rest to help employees and missionaries to and from other countries .whilst that occurred , his business flourished, hmm❤
Eurana wouldn't have gotten a second look today. Funny how times change.
Wealth is fleeting
Who would have thought it would be so difficult to talk about this piece of architecture for 12 minutes ?!
New York will be remembered more for the monuments torn down rather than the monuments which have been built.
😢
James J. HILL in St.Paul, MN. Attempts have been made to eradicate it. Unfortunately, I saw it emptied out and left to a hulking carcass. Would love to know it's status.
Does the home in Braddock still exist?
Love your videos
Thanks Ms. Smiles!
Pls upload more new videos of historical mansions in the United States that were demolished
It's a shame that everything over 100 years old has to be torn down for rebuilding of other buildings in the United States. Where as in Europe, they cherish old buildings. They have stone fences older then the beginning of the US. We have to start rethinking about our building histories and keep them standing.
But it was taking up prime real estate right in the middle of Manhattan.
@@mbd501 I agree, but it happens all over the US. Even in small towns.
I feel they should have left it! Because it is a part of history and I would have loved, have seen it myself!
It should have remained as a State building. The "opulance" is a perfect example of why it should have been spared.
The last 60 years has been all about destroying any trace of old world beauty
Actually the fed and income tax is what destroyed this estate . Just the operating costs alone is a fortune .
That's heartbreaking.
Back when houses had art, style and character.
Who decided to have it demolished? WTH 😮
Thinking the demolished homes and hotels of the Astors will do.
It was like the Titanic of mansions.
corporations now create boring glass and steel crap. In those days your personal name was on the building
These types of buildings put a lot of tradesmen to work,, not so for those shipping containers
So they demolished a house full of grandeur for a block of ugly plain looking apartments, seriously?
It's a morality tale; riches, especially gotten by shortchanging others, don't last. Hubris.
😮
Money is evil all for money what a place could have been a museum
Just a note: The "a" in Schwab is pronounced like the "a" in awe, not the "a" in arsenic. Also the actual way to pronounce Carnegie is to stress the "ne," but the way it's said here has incorrectly become the standardization. The photo between the Marble House gold ballroom and the mansion itself is the grand staircase of the Paris Opera, not an American mansion (but, yes it is Beaux Arts). I also hear Beaux Arts being pronounced in this video both as "bow art" (wrong) and "bows art" (correct as Arts begins with a vowel). There are a few times where Mrs Astor's ballroom is shown but made to seem as if it were a part of the Schwab mansion. I'm still hoping for a video on San Marino (Henry Huntington) and its art and gardens.
He's English they dnt know better😂😂
@@kaleahcollins4567 You mean like pronouncing Belvoir Castle as Beaver Castle (home of the Dukes of Rutland)?
How is the "a" in awe different from the "a" in arsenic?
@@JohnPrepuce Pronounce the words.
@@LJB103 - The "a" sounds the same in both words. I think what you were trying to say is that sometimes people add "r" to the "a" in some words?
Would have become a great tourist attraction for New York had it survived?
To an altruist nation which regards, self interest is evil shouldn’t even pretend to be surprised that the symbols of private, individual success, beyond the wildest imagination of the envying public should be torn down. If you regard altruism as morality, YOU are the cause and the problem.
Omg what a shame 😢😢
They destroyed something very unique and beautiful........