Palmer Mansion

At the time of the construction of the mansion, Potter Palmer was already responsible for much of the development of State Street. After the Great Chicago Fire of 1871, the buildings on State Street were destroyed, and Palmer was yet again responsible for its redevelopment.[7] Construction on the mansion began in 1882, and its exterior work was completed in 1883. However, interior decoration would continue for another two years before the building was entirely complete.

Henry Ives Cobb and Charles Frost were chosen as the architects for the mansion. The interiors were completed under the direction of architect Joseph Lyman Silsbee. John Newquist, who had already worked with Palmer on numerous other constructions, was chosen as the contractor and stair constructer.[7] Although it was originally budgeted at $90,000, after five years of construction, the mansion would cost the Palmers more than a million dollars.[4]

Arthur Meeker, Jr. called the mansion a "liver-colored goldfish castle". Photochrom print, 1900.[3]

The Palmer Mansion was used for many social gatherings, including entertaining former U.S. President Ulysses S. Grant, during his visit to the city, and receptions during the 1893 World's Columbian Exposition for which Bertha Palmer was a major planner and booster.[5] The Palmers also received many other guests, including: two other U. S. Presidents, James A. Garfield, though not at the Palmer Mansion if it was constructed in 1882–1883 as he was assassinated in 1881, and William McKinley; the Duke and Duchess of Veragua; the Prince of Wales, later to become King Edward VII; as well as the Spanish princess Infanta Eulalia.[8]

Bertha Palmer's large collection of paintings included works by Claude Monet, Edgar Degas, Pierre-Auguste Renoir, and Pablo Picasso

When Potter Palmer died in the mansion in 1902, he left his wife with a fortune of $8,000,000.[9] After his death, Bertha Palmer continued to reside in the house, as well as in homes she maintained in London and Paris, until she died at her winter residence in Osprey, Florida. She invested heavily in real estate in Florida where she developed farms, dairies, and cattle ranches that she administered herself.

Even with these great investments in land, she parleyed the fortune into almost double what she had been left and, in 1918, bequeathed an estate of $15,000,000 to her sons Honoré and Potter Palmer, Jr., who sold the Chicago mansion in July 1928, for $3,000,000,[10] to the industrialist Vincent Hugo Bendix, who had invented an automobile starter.[9] Potter Palmer, Jr. and his wife vacated the property in April 1930.[10]

Bendix renamed the property "The Bendix Galleries," after adding paintings by Rembrandt and Howard Chandler Christy to Bertha Palmer's former art collection.[9] While residing within the mansion, he modernized the elevator, and installed a barber's chair for his own use.

Vincent Bendix contemplated razing the mansion to construct a fifty-story hotel on the site, at an estimated cost of $25,000,000.[10] However, the project was never put into action, and the property was sold to Potter Palmer's son in 1933 for $2,000,000,[4] the amount of the building's mortgage.[9] The mansion stood vacant for years until it was demolished in 1950, to be replaced by two 22-story high-rise apartment buildings housing 740 families.[3]

The mansion's painting gallery, including works by French painters Claude Monet, Pierre-Auguste Renoir, and Edgar Degas that were collected by Bertha Palmer, was transferred to the Art Institute of Chicago,[11] and the furniture was sold.[5]