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Subscribe for more Luxury / Billionaire/ Rich/ Famous Videos http://www.youtube.com/user/LuxsReports?sub_confirmation=1 Willis Tower (formerly named and still commonly referred to as Sears Tower) is a 108-story, 1,451-foot (442 m) skyscraper in Chicago, Illinois. At the time of its completion in 1973, it was the tallest building in the world, surpassing the World Trade Center towers in New York, and it held this rank for nearly 25 years. Willis Tower is the second-tallest building in the United States and the eighth-tallest freestanding structure in the world. The skyscraper is one of the most popular tourist destinations in Chicago, and over one million people visit its observation deck each year. Named the Sears Tower throughout its history, in 2009 the Willis Group obtained the right to rename the building, as part of their lease on a portion of its offices. On July 16, 2009, the building was officially renamed Willis Tower. United Airlines moved its corporate headquarters to Willis Tower from the United Building at 77 West Wacker Drive in August 2012. As of December 2013, United is the Willis Tower's largest tenant, with its headquarters and operations center occupying around 20 floors of the tower Billionaire Millionaire rich "super rich" mega wealth Monaco news Russian Greatest Best Russia Business private elite exclusive interior super rich Billionaire prince Saudi Arabia investor businessman CEO Forbes luxury Princess Monaco elite exclusive tycoon wealth Palace house home mansion yacht supercar wealthy "big boy toys" cash usd dubai money London Europe uk usa America high end expensive vip preview "cash money wealth" jet plane 2014 2013 One World Trade Center will be the nation's tallest building when it opens next year, a Chicago-based tall buildings council announced Tuesday, a decision that drew a quick rebuke from Mayor Rahm Emanuel. The decision by the Chicago-based Council on Tall Buildings and Urban Habitat hinged on whether the tower's mast was a spire, which counts in height measurements, or an antenna, which doesn't. "Even though the cladding was taken off the spire, you can still see that it is an architectural element," said Antony Wood, executive director of the Chicago-based Council on Tall Buildings and Urban Habitat. "It is not just a plain steel mast from which to hang antenna or satellite dishes." Emanuel forcefully disagreed, defending the supremacy of Chicago's skyline. "I just saw the decision," the mayor said. "And I would just say to all the experts gathered in one room, if it looks like an antenna, acts like an antenna, then guess what? It is an antenna. That's number one. "Number two," he continued, "I think (with) the Willis Tower you will have a view that's unprecedented in its beauty, its landscape and its capacity to capture something. Something you can't do from an antenna. Not that I'm competitive. So for all those who want to climb on top of an antenna and take a look, go ahead. I would suggest stay indoors and take a look." But the council ruled that One World Trade Center's mast is a spire because it will be a permanent feature, its height locked in at a symbolic 1,776 feet. In doing so, the council accepted the argument of the skyscraper's architect and developers that the mast is part of the building's fixed height of 1,776-feet. That distinguishes the mast from an ordinary antenna, like the one atop Willis, whose height can be changed. "We know that it is a permanent feature because of the sacrosanct nature of the 1,776 height," Wood said. "The key word is permanence." "We felt it was really a designed element," not just a functional piece of equipment, added Peter Weismantle, the chair of the council's height committee. The council also sided with the New Yorkers in ruling that World Trade Center's bottom, or baseline for measuring its height, should be considered its main entrance facing south toward the National Sept. 11 Memorial, not the building's north entrance. Because of the skyscraper's site slopes, the north entrance is 5 feet, 8 inches lower than the main entrance. The council's height standards state a building's height is measured from its lowest outdoor entrance to its architectural top. If One World Trade Center's height was measured from the north entrance, the building would be 1,781 feet tall—still the nation's tallest, but without the symbolic ring of 1,776 feet. "That entrance is not classified as significant," Wood said. Ninety-nine percent of people will be entering One World Trade Center off the memorial plaza, he added. Wood said the height committee's decision was "virtually unanimous." One member of the committee abstained. Wood and Weismantle said the committee felt no political pressure to rule in favor of One World Trade Center.