680 N Lake Shore Drive Assist

- 02.03

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680 N Lake Shore Drive (a.k.a. Lake Shore Place) is a 29-story building located in the Streeterville neighborhood of Chicago, Illinois. Originally named the American Furniture Mart, was completed in 1926. The two halves were designed separately: the eastern half by Raeder, George C. Nimmons, and Max Dunning; and the western half by Nimmons and Dunning alone. At 474 ft (144 m) tall and encompassing the entire block between Lake Shore Drive and McClurg Court, it was the largest building in the world when it was completed.


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Architecture

Construction of the American Furniture Mart was undertaken in two phases: the eastern section was completed in 1923, and the western portion (including the tower) in 1926. The eastern half is constructed with reinforced concrete, whereas the western half, as well as the tower, is steel. The easternmost portion of the building has a superstructure that was originally designed to hold a mooring mast for dirigibles, though it never was used for that purpose.

The building was converted by David L. Paul to condominium and office space between 1979-84. Paul hired Lohan Associates, Inc. to be one of two architects. The design concept was Paul's. It is now home to 415 condo units divided amongst the building's three separate condominium associations: the Tower, the Lake, and the South residences. There is also 420,000 sq ft (39,000 m2) of commercial office space, 65,000 sq ft (6,000 m2) of retail space, and seven levels of indoor parking.


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History

During its early decades as the American Furniture Mart, the building's address was 666 North Lake Shore Drive. In 1984, Chemical Bank filed a foreclosure action against David Paul, which Chemical eventually won. Chemical announced that it would change the building's address from 666 N. Lake Shore Drive to 680 N. Lake Shore Drive effective May 1, 1988, officially as a way of dissociating the building from its past financial problems. There was speculation that the address change was intended to remove the stigma of the building having the number "666", as in the Number of the Beast from the Book of Revelation, or at the insistence of Playboy Enterprises which at the time was considering a move to the building. Representatives of both the building's management agent and Playboy denied that they were concerned about the use of that number in the address.

Later in 1988, a few months after the address change, Playboy Enterprises moved their corporate headquarters from its location in the Palmolive Building to the location at 680 N. Lake Shore Dr. Consequently, 680 became colloquially referred to as the "New Playboy Building". Playboy moved all of their offices out of this building in 2012, and the Playboy sign was taken down from the Erie Street entrance to the building.

As of 2017, much of the building's office space is leased to medical tenants. The commercial portion of the building was sold to TopMed Realty in 2017 for $109.5 million.

Source of the article : Wikipedia



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