The most spectacular mansion on Riverside Drive

Ephemeral New York

SchwabmansioncolorPennsylvania native Charles M. Schwab died with slightly less of a fortune than fellow Gilded Age steel magnates Andrew Carnegie and Henry Clay Frick.

But in 1906, Schwab eclipsed these two captains of industry in one regard: he built a larger, more magnificent Manhattan mansion.

While Carnegie and Frick built their palaces on Fifth Avenue, Schwab went west. He constructed his on Riverside Drive, on the site of a former orphan asylum.

Schwabmansionoverview

His 86-room chateau, situated on an entire block between 73rd and 74th Streets and stretching all the way to West End Avenue, was perhaps the most ambitious private home ever built in Manhattan.

How loaded with amenities was it? The house boasted three elevators, a gym, an indoor pool, a chapel, and a bowling alley, as well as elaborate gardens and a nearly 200-foot tall tower offering spectacular views of the Hudson River.

21 Apr 1933, Manhattan, New York, New York, USA --- New York: Schwab Mansion. "I Wonder Why Life Has Been So Kind!" Steel Magnate Says As Golden Wedding Nears. Here's the great mansion of 73rd Street and Riverside Drive, where Charles M. Schwab and his wife will celebrate their Golden Anniversary on May 1st. There's a lot of difference between this and the home they first established after their marriage. --- Image by © Bettmann/CORBIS

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