Frank Lloyd Wright's Price Tower has been sold to McFarlin Building LLC for $1.4 million, just before its scheduled auction due to bankruptcy. The iconic 19-story skyscraper, completed in 1956, is known for its unique design and was once a pride of Bartlesville but fell into disrepair under previous ownership. The Frank Lloyd Wright Building Conservancy is hopeful about the tower's future, recognizing the new owners' commitment to preserving its architectural integrity and revitalizing the structure.
"The recent journey of the tower to new ownership has been anything but smooth. Once the pride of mid-century Bartlesville, Price Tower had fallen into disrepair under previous owners."
"The sale closed on May 5, 2025, just one day before the property and its associated collection were due to be auctioned as part of a bankruptcy proceeding."
"McFarlin secured the landmark for $1.4 million, with no competing qualified bids received, indicating the significance of this acquisition for preservation efforts."
"The Frank Lloyd Wright Building Conservancy expresses optimism about the towerâs future, citing the new ownersâ respect for its architectural significance and their plans for careful revitalization."
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