Have you ever wondered what happened to architectural landmarks during this time several years ago? The history that is incorporated into the design of many buildings serves as a piece of rich culture when it comes to our country’s history. In 1893, 125 years ago to be exact, there was what is known is the biggest real estate transaction in our history. This was the sale of St. Luke’s Hospital located on Fifth Avenue in New York.
- This particular hospital’s real estate value was initially unknown due to the murders that occurred within the facility.
- Charles Cullen, a cardiac nurse within the hospital admitted to killing several patients while working at St. Luke’s.
- With such a large profit being brought in by the sale, it is apparent that the serial killings did not decrease its value.
“The $2.4 million sale of St. Luke’s Hospital 125 years ago this month was reported in The Record & Guide as the single largest real estate transaction to ever occur in the city and called into question the fate of a house-lined strip along Fifth Avenue, according to the New York Times.”