Old Money Mansions
Did you know? In 1936, bankrupt and facing $60,000 in annual taxes, Charles Schwab offered his mansion to New York City to serve as the mayor's official residence. Mayor Fiorello LaGuardia visited and rejected it immediately, calling it "too garish." Instead, he selected the elegant Gracie Mansion. Schwab's palace was deemed unworthy of public service—a stunning rejection.- @oldmoneymansions
6 days ago | [YT] | 72
Old Money Mansions
Did you know?
In 1936, bankrupt and facing $60,000 in annual taxes, Charles Schwab offered his mansion to New York City to serve as the mayor's official residence.
Mayor Fiorello LaGuardia visited and rejected it immediately, calling it "too garish." Instead, he selected the elegant Gracie Mansion.
Schwab's palace was deemed unworthy of public service—a stunning rejection.
- @oldmoneymansions
6 days ago | [YT] | 72