The loan recipient was building owner Walton Street. In 2011, CBRE Group reported that it had purchased a 2006 $42.5 million mortgage in default on the Smith Tower. Smith Tower looking north on 2nd Avenue, 1914 The legend came true for Smith's daughter, who married in the Chinese Room itself. According to folklore, any wishful unmarried person who sits in it would be married within a year. The chair incorporates a carved dragon and a phoenix, which, when combined, portends marriage. Furnishings include the famous Wishing Chair. The room was furnished by the last Empress of China, Cixi. The Chinese Room, whose name was retired following the 2016 renovation, derived from the carved teak ceiling and blackwood furniture that adorned the room on opening. Over 4,000 Seattleites rode to the 35th floor on opening day. Smith Tower opened to the public on July 4, 1914. Although Smith did not live to see it, the building was completed in 1914 to a height of 143 m (469 ft) from curbside to the top of the pyramid, with a pinnacle height of 159 m (522 ft). His son, Burns Lyman Smith, convinced him to build instead a much taller skyscraper to steal the crown from rival city Tacoma's National Realty Building as the tallest west of the Mississippi River. During a trip to Seattle in 1909, Smith planned to build a 14-story building in Seattle.
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