The long-standing dispute over the fate of Frank Lloyd Wright's Price Tower has concluded with a court ruling directing the sale of the historic building to McFarlin Building Company. This conclusion followed a series of legal battles initiated after the owners, the Blanchards, reneged on prior agreements regarding the property's sale and restoration. Their attempt to transform the site into a tech hub faced significant criticism and legal obstacles, ultimately leading to the decision to sell the building for $1.4 million to preserve and revitalize this iconic structure.
A prolonged kerfuffle over the future of Frank Lloyd Wright's only skyscraper, the Price Tower, ended with a judge's order for its sale to McFarlin Building Company.
After months of litigation, including dueling lawsuits, the price for the Price Tower was finalized at $1.4 million, with prior agreements faltering.
The Blanchards' ambitious tech hub plans faltered, leading to a sale agreement dispute and the eventual legal resolution to preserve the historic site.
Judge ruling was positioned against the Blanchards, whose previous actions raised concerns regarding the future integrity of the architect's vision and property.
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