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This mega palace on fifth avenue belong to Andrew Carnegie and his wife Louise. Andrew Carnegie was called the "Steel King" and owned Carnegie Steel. When he retired he sold Carnegie Steel to J. P. Morgan for $400 million and built a beautiful estate in Scotland on 40,000 acres called "Skibo Castle". He also wanted a New York City residence so he could manage his charity ventures. Andrew planned to give away all of the $400 million, except for $10 million for his family.
The Brokaw Mansion used to stand at the corner of 79th and Fifth, but 50 years ago, demolition started. Built by Isaac Vail Brokaw, a clothing merchant with a rags-to-riches life story, the turreted home was modeled after a 16th-century Loire Valley chateau, even though it was completed in 1890. The outcry over the impending demolition made headlines. Though the mansion wasn't saved, it helped spark the passage of New York City's landmarks law, which preserves historic buildings to this day.