He paid for that in all cash. Let me

walk you through it. Warworth built this

entire tower in cash and he spent less

than what one penthouse apartment would

sell for now. On the west side of

Broadway between Barkley and Parkplace,

you will find the Woolworth building,

once the tallest building in the world.

The building was paid for by businessman

Frank Winfield Woolworth back in 1913.

For at the time 13.5 million, no

mortgage, all cash. often referred to as

FW. Woolworth used most of his fortune

to build this 60story building. He was

best known as a pioneer for creating the

five and dime store Woolworth that

eventually became Walcut as he looked to

compete with Sam Walton who was building

out Walmart and winning over America

with that lowpric model. The Wworth

Company held the building for 85 years

eventually selling it in 1998 for $155

million. Adjust for inflation today and

that's now roughly $317 million. It

stood as the tallest building for about

17 years. That is until 40 Wall Street

was built in 1930. And that building is

actually now the Trump building. The

downfall for Wworth all happening really

quickly with Walmart taking its spot in

the Dow in March of 1997.

And that's about 4 months before the

last store closed.