Early in 1906 advertisements appear in New York papers announcing “a ground floor chance to share profits” in “the largest steel structure ever erected … the greatest amusement enterprise in the whole world … the best real estate venture,” the Globe Tower. It will cost $1,500,000 to erect. The public is urged to invest. The stock will pay 100 percent interest annually.
Rem Koolhaas /Delirious New York / 1978