DAILY INSPIRATION: OLD NEW YORK
The Carnegie Mansion at Fifth Avenue and 91st Street in 1903.
Carnegie’s 1898 purchase of the land from 90th to 91st Street, inspired a land rush as homebuyers swarmed to what had been a lukewarm stretch of Fifth Avenue, far above the established millionaire zone. Carnegie had bought most of 91st between Fifth and Madison, and up to the south corner of Fifth and 92nd. Much of this he sold to people he knew would build mansions like his. My family for example, was a clear choice.
One parcel he did not immediately acquire was the southeast corner of Fifth and 90th. But in 1917 he bought it for a cool $1.7 million. Guess he didn’t like the idea of any old Tom-Dick-or-Harry millionaire blockin’ his southern light.