When President Herbert Hoover dedicated New York City’s Empire State Building on May 1, 1931, it marked the official end of a dream for Middle Child Walter Chrysler. He had already begun construction of his iconic Chrysler Building when John J. Raskob of General Motors led a well-heeled group in what would become a competition to see who could build a taller building. Chrysler lost the "mine is bigger than yours" construction contest. His 1,046 foot erection was a teeny weenie compared to the completed Empire State Building, which soared 1,454 feet to the top of its lightning rod, making it the world’s tallest building until 1972.
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