TOLEDO, Ohio (AP) — A skyscraper that has anchored the downtown Toledo business district for more than a century had closed for good.
The Spitzer Building at 520 Madison Ave. was Toledoâs first steel-framed skyscraper. It was built in 1896. The Spitzer family sold it in 2009.
The historic 10-story Spitzer Building was shuttered Sunday when the last of its tenants moved out.
The (Toledo) Blade (http://bit.ly/1hsMjnw ) said the landlord cited a falling occupancy rate, expenses for maintenance and repairs, and additional staff needed for fire safety checks required after the building's alarm system failed.
The Spitzer Building was believed to be the city's first sizable structure with a metal skeleton when it was completed in 1896 at a cost of $500,000. Its ground-floor arcade is thought to be the city of Toledo's first enclosed shopping mall.
Tenants have included law offices, insurance agencies, accountants, stock brokers, custom jewelers, tailors, employment agencies and beauty parlors.