Field, Palmer and Leiter
Page entitled : Potter
Palmer Chicago real estate developer
Content of this page is about :
How Potter Palmer turned from merchandising to real estate development, made
State Street Chicago's new business center, lost dearly in the great fire of
1871 and rebuilt his fortune.
... competitor Charles
Gossage, whose store featured two large brass lions at the entrance as a trademark, also rented one of Palmer’s new buildings on State Street.
In 1871, Potter Palmer, then forty-five, married Bertha Honoré, the daughter of another wealthy Chicago realtor, Henry Hamilton Honoré. A few years later, her sister Ida would marry Frederick Dent Grant, the son of the president. The Palmer House hotel was actually thought to be his wedding present, but fate saw it otherwise. In the night of Sunday to Monday, 8-9 October 1871, what became known as the great Chicago fire, started in