Who Owns That Giant Building by the River?
So, you’re wondering who’s the bigwig behind the Merchandise Mart, huh? Let's dive into the world of real estate, Kennedy families, and a whole lot of history.
A Building with a Story
The Merchandise Mart isn't just a building; it's a monument. When it opened its doors in 1930, it was the largest building in the world. Can you imagine the bragging rights? It's like owning a skyscraper-sized ego. Built by the retail giant Marshall Field & Co., it was meant to be a one-stop shop for everything from furniture to fancy fabrics.
The Kennedys and Their Love for Real Estate
But here’s where things get interesting. For over half a century, the Merchandise Mart was owned by none other than the Kennedy family. Yes, that Kennedy family. Can you imagine JFK haggling over lease prices? Or Jackie O. picking out wallpaper for the lobby? We can't either, but it happened.
New Owners, Same Iconic Building
In 1998, the Kennedys decided to trade in their skyscraper for something a little smaller (probably a mansion in the Hamptons). The new owner? Vornado Realty Trust. Now, if you're thinking, "Vornado? Never heard of it," don't worry. They’re like the quiet kid in class who ends up being the CEO of a tech giant. They might not be as famous as the Kennedys, but they definitely know their way around real estate.
So, there you have it. The Merchandise Mart, once a symbol of retail might and Kennedy family wealth, is now under the watchful eye of Vornado Realty Trust. It's a story of big business, family dynasties, and a building that's seen it all.
How to... Merchandise Mart Edition
- How to impress your friends with random building facts: Mention the Merchandise Mart was once the world's largest building.
- How to pretend you're a real estate mogul: Start dreaming about owning a building as iconic as the Merchandise Mart.
- How to spend a day like a Chicagoan: Visit the Merchandise Mart and explore its shops, restaurants, and stunning architecture.
- How to feel small: Stand in the shadow of the Merchandise Mart and contemplate your existence.
- How to become a trivia champion: Learn about the history of the Merchandise Mart and its famous owners.
