The Fisher Building, an Art Deco skyscraper that has been dubbed “Detroit’s largest art object,” is headed for auction in June after being seized in a bank foreclosure.
The Albert Kahn-designed masterpiece is covered in marble, brass and bronze and features hand-painted, barrel-vaulted ceilings, a theater and a golden tower.
The Farbman Group lost the building because of trouble keeping tenants and the enormous costs of maintaining the 87-year-old skyscraper.
“The Fisher Building is more expensive to operate than a small city,” wrote HistoricDetroit.org.
The Fisher brothers, who made a fortune on the auto industry, commissioned Kahn to create an architectural masterpiece without making sacrifices for money, according to HistoricDetroit.org.
Among the potential bidders are billionaire Dan Gilbert and Packard Plant owner Fernando Palazuelo.
All photos by Steve Neavling.
Steve Neavling lives and works in Detroit as an investigative journalist. His stories have uncovered corruption, led to arrests and reforms and prompted FBI investigations.