The Price Tower, Frank Lloyd Wrightâs only skyscraper, has recently changed ownership after a lengthy legal battle. On May 5, 2023, McFarlin Building LLC purchased the tower for $1.4 million following a bankruptcy court ruling. The new owners, led by John Snyder and his family, aim to revitalize the historic building, previously sold to Copper Tree for $10, who faced scrutiny over their ability to manage renovations. The tower's transition marks a significant shift in its ongoing struggle for preservation amidst community concerns over its future as a for-profit entity.
"The Price Tower, with its unique architectural design, represents more than just a building; it is an emblem of Frank Lloyd Wright's vision and legacy that deserves preservation."
"Despite the challenges and controversies surrounding its ownership, the Price Tower's recent sale signals a potential new lease on life for this historic structure in Oklahoma."
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