100 YEARS AGO Landmark in the making

The Childs Restaurant Company of New York City abandoned plans to remodel the property on the corner of State and Green streets in Albany, opting instead to tear it down and build a new six- to eight-story structure on the site at an estimated cost of $100,000 (more than $1.7 million today). The successful restaurant chain, one of the first in the country, made the decision after it discovered improvements to the existing space would far exceed the original $35,000 estimate. The restaurant was to occupy the ground floor, with rented offices above. A spring 1923 opening planned, but that was delayed until September. The restaurant closed on Aug. 8, 1945, and the location is now the site of a Chase Bank branch.

—Times Union, May 23, 1922