- The building was a hotel from its opening in 1923 until it's bankruptcy until 1970. By 1971 a developer purchased the building and converted it into 224 residential apartments for low-income residents on a 40-year contract with the U.S. Department of Housing and Urban Development. The building was then closed in August 2011 when the contract with HUD was up and subsequently bought that year by a partnership of local developers who converted the building into 100 market-rate apartments reopening in September 2015.
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