Drake Hotel (Chicago, Illinois)
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Drake Hotel (Chicago, Illinois)
The Drake, a Hilton Hotel, 140 East Walton Place, Chicago, Illinois, is a luxury, full-service hotel, located downtown on the lake side of Michigan Avenue two blocks north of the John Hancock Center and a block south of Oak Street Beach at the top of the Magnificent Mile. Overlooking Lake Michigan, it was founded in 1920, designed in the Italian Renaissance style by the firm of Marshall and Fox, and soon became one of Chicago's landmark hotels, a longtime rival of the Palmer House. It has 535 bedrooms (including 74 suites), a six-room Presidential Suite, several restaurants, two large ballrooms, the "Palm Court" (a club-like, secluded lobby), and Club International (a members-only club introduced in the 1940s). It is known for the contribution that its silhouette and sign on the lake ( Oak Street) façade make to the Gold Coast skyline. History Second-generation hotel magnates Tracy Drake and John Drake Jnr. acquired the property from the estate of Potter Palmer in 1916. ...
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Chicago, Illinois
(''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = Country , subdivision_name = United States , subdivision_type1 = State , subdivision_type2 = Counties , subdivision_name1 = Illinois , subdivision_name2 = Cook and DuPage , established_title = Settled , established_date = , established_title2 = Incorporated (city) , established_date2 = , founder = Jean Baptiste Point du Sable , government_type = Mayor–council , governing_body = Chicago City Council , leader_title = Mayor , leader_name = Lori Lightfoot ( D) , leader_title1 = City Clerk , leader_name1 = Anna Valencia ( D) , unit_pref = Imperial , area_footnotes = , area_tot ...
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Potter Palmer
Potter Palmer (May 20, 1826 – May 4, 1902) was an American businessman who was responsible for much of the development of State Street in Chicago. Born in Albany County, New York,"Death of Potter Palmer"
in '''', May 5, 1902, p. 9.
he was the fourth son of Benjamin and Rebecca (Potter) Palmer.


Retailing career

Potter Palmer founded a dry goods store, Potter Palmer and Company, on Lake Street in Chicago in 1852. Unlike many stores of the time it focused on women and encouraged their patronage. Palmer instituted a "no qu ...
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Chicago Tribune
The ''Chicago Tribune'' is a daily newspaper based in Chicago, Illinois, United States, owned by Tribune Publishing. Founded in 1847, and formerly self-styled as the "World's Greatest Newspaper" (a slogan for which WGN radio and television are named), it remains the most-read daily newspaper in the Chicago metropolitan area and the Great Lakes region. It had the sixth-highest circulation for American newspapers in 2017. In the 1850s, under Joseph Medill, the ''Chicago Tribune'' became closely associated with the Illinois politician Abraham Lincoln, and the Republican Party's progressive wing. In the 20th century under Medill's grandson, Robert R. McCormick, it achieved a reputation as a crusading paper with a decidedly more American-conservative anti-New Deal outlook, and its writing reached other markets through family and corporate relationships at the ''New York Daily News'' and the ''Washington Times-Herald.'' The 1960s saw its corporate parent owner, Tribune Company, rea ...
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Hilton International
Hilton Worldwide (legally Hilton Worldwide Holdings Inc.) is an American multinational hospitality company that manages and franchises a broad portfolio of hotels and resorts. Founded by Conrad Hilton in May 1919, the corporation is now led by Christopher J. Nassetta. Hilton is headquartered in Tysons Corner, Virginia, United States. As of June 30, 2020, its portfolio includes 6,215 properties (including timeshare properties) with 983,465 rooms in 118 countries and territories, including 690 that are managed and 5,405 that are franchised, with the combined managed and franchised properties having a total of 953,946 rooms, in addition to 65 that are owned or leased including 57 that are wholly owned or leased, one owned by a consolidated non-wholly owned entity, two that are leased by consolidated variable interest entities (VIEs) and five that are owned or leased by unconsolidated affiliates. Prior to its December 2013 IPO, Hilton was ranked as the 36th largest private compa ...
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Chicago Outfit
The Chicago Outfit (also known as the Outfit, the Chicago Mafia, the Chicago Mob, the Chicago crime family, the South Side Gang or The Organization) is an Italian-American organized crime syndicate or crime family based in Chicago, Illinois, that originated in the city's South Side in the early 1910s. It is part of the larger Italian-American Mafia. The Outfit rose to power in the 1920s under the control of Johnny Torrio and Al Capone and the period was marked by bloody gang wars for control of the distribution of illegal alcohol during Prohibition. Since then, the Outfit has been involved in a wide range of criminal activities, including loansharking, illegal gambling, prostitution, extortion, political corruption and murder. Capone was convicted of income tax evasion in 1931 and the Outfit was next run by Paul Ricca. He shared power with Tony Accardo from 1943 until his death in 1972; Accardo became the sole power in the Outfit upon Ricca's death and was one of the longest sit ...
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Frank Nitti
Frank Ralph Nitto (born Francesco Raffaele Nitto, ; January 27, 1886 – March 19, 1943), known as Frank Nitti, was an Italian-American organized crime figure based in Chicago. The first cousin and bodyguard of Al Capone, Nitti was in charge of all money flowing through the operation. Nitti later succeeded Capone as acting boss of the Chicago Outfit. Early life and prohibition Nitti was born Francesco Raffaele Nitto on January 27, 1886, in the small town of Angri, province of Salerno, Campania, Italy. He was the second child of Luigi and Rosina (Fezza) Nitto and a first cousin of Al Capone. His father died in 1888, when Frank was two years old, and within a year his mother married Francesco Dolendo. Although two children were born to the couple, neither survived—leaving Francesco and his older sister, Giovannina, the only children. Francesco Dolendo emigrated to the United States in July 1890, and the rest of the family followed in June 1893 when Nitti was seven. The family set ...
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Sears Tower
The Willis Tower (originally the Sears Tower) is a 108-story, skyscraper in the Loop community area of Chicago in Illinois, United States. Designed by architect Bruce Graham and engineer Fazlur Rahman Khan of Skidmore, Owings & Merrill (SOM), it opened in 1973 as the world's tallest building, a title that it held for nearly 25 years. It is currently the third-tallest building in the Western Hemisphere, as well as the 23rd-tallest in the world. Each year, more than 1.7 million people visit the Skydeck observation deck, the highest in the United States, making it one of Chicago's most popular tourist destinations. The building occupies a site bounded by Franklin Street, Jackson Boulevard, Wacker Drive, and Adams Street. Graham and Khan designed the building as nine square "tubes", clustered in a 3×3 matrix; seven of the tubes set back at upper floors. The tower has 108 stories as counted by standard methods, though the building's owners count the main roof as 109 and the mech ...
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Palmolive Building
The Palmolive Building, formerly the Playboy Building, is a 37-story Art Deco building at 919 N. Michigan Avenue in Chicago. Built by Holabird & Root, it was completed in 1929 and was home to the Colgate-Palmolive-Peet Corporation. The Palmolive Building was renamed the Playboy Building in 1965 when Playboy Enterprises purchased the leasehold of the building. It was home to the editorial and business offices of ''Playboy'' magazine from that time until 1989 when Playboy moved its offices to 680 N Lake Shore Drive. Playboy had sold the leasehold in 1980 and signed a 10-year lease that expired in 1990. The new leaseholder renamed the building 919 North Michigan Avenue. During the time that Playboy was in the building, the word P-L-A-Y-B-O-Y was spelled out in illuminated letters on the north and south roofline. The building was designated a Chicago Landmark in 2000, and it was added to the federal National Register of Historic Places in 2003. In 2001, the building was sold t ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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WGN (AM)
WGN (720 kHz) is a commercial AM radio station in Chicago, Illinois, with studios on the 18th floor of 303 East Wacker Drive in the Chicago Loop. WGN has a news/talk Talk radio is a radio format containing discussion about topical issues and consisting entirely or almost entirely of original spoken word content rather than outside music. Most shows are regularly hosted by a single individual, and often featur ... format, along with broadcasts of Chicago Blackhawks NHL, hockey and Northwestern University college football, football and basketball. WGN is the only radio station owned by Nexstar Media Group, which primarily owns television stations. From 1924 to 2014, WGN was owned by Tribune Media, which also owned the ''Chicago Tribune'', whose "World's Greatest Newspaper" slogan served as the basis for the WGN call sign. WGN is a Clear-channel station, clear channel, List of North American broadcast station classes, Class A station, broadcasting at the maximum power of 50,00 ...
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Blackstone Hotel
The Blackstone Hotel is a historic 21-story hotel on the corner of Michigan Avenue and Balbo Drive in the Michigan Boulevard Historic District in the Loop community area of Chicago, Illinois. Built between 1908 and 1910, it is on the National Register of Historic Places. The Blackstone is famous for hosting celebrity guests, including numerous U.S. presidents, for which it was known as the "Hotel of Presidents" for much of the 20th century, and for contributing the term " smoke-filled room" to political parlance. History The hotel and the adjacent entertainment venue then called The Blackstone Theatre (now known as the Merle Reskin Theatre) were built on the former site of railroad millionaire Timothy Blackstone's mansion in 1908. The owners were brothers John and Tracy Drake, sons of Blackstone's former business partner, the hotel magnate John Drake. John and Tracy Drake also developed the luxury Drake Hotel. At the time of the opening, the hotel and theatre were loca ...
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Gold Coast, Chicago
The Gold Coast Historic District is a historic district in Chicago, Illinois. Part of Chicago's Near North Side community area, it is roughly bounded by North Avenue, Lake Shore Drive, Oak Street, and Clark Street. The Gold Coast neighborhood grew in the wake of the Great Chicago Fire. In 1882, millionaire Potter Palmer moved to the area from the Prairie Avenue neighborhood on the city's south side. He filled in a swampy area which later became Lake Shore Drive, and built the Palmer Mansion, a forty-two room castle-like structure designed by Henry Ives Cobb and Charles Sumner Frost. Other wealthy Chicagoans followed Potter into the neighborhood, which became one of the richest in Chicago. In the late 1980s, the Gold Coast and neighboring Streeterville comprised the second most-affluent neighborhood in the United States, behind Manhattan's Upper East Side. Today, the neighborhood is a mixture of mansions, row houses, and high-rise apartments. Highlights include the Astor ...
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