[3] Designed by Graham, Anderson, Probst and White, the structure combines both art deco and Gothic detailing, while complying with a 1923 zoning ordinance which mandated skyscrapers setbacks.

[3] The interior of the building features a five-story atrium, lined by balconies and shops, that is detailed with glowing marbles, gleaming brass and Spanish Gothic style carvings.

[1][2] Alter Group, a Skokie, Illinois-based real estate developer, acquired the 13th through 21st floors of the building with plans for dormitory conversion at a cost of $23 million (about $173 per square foot).

The building is used mostly by doctors, dentists and jewelers, and students were expected to have a separate entry under the plans.

The student dormitory (Fornelli Hall) that formerly occupied the 13th to 21st floors no longer operates at this address.