Financial troubles (cont.)
A second mortgage in 1908 acquired again from the Waldorf-Astoria proprietor G. C. Boldt allowed some additional bills to be paid, but debt continued to mount.
Between 1912 and 1915 Tesla's financial condition disintegrated.
The property was foreclosed.
The plant's abandonment sometime around 1911 followed by demolition and salvaging of the tower in 1917.
Tesla's April 20, 1922 loss on appeal of the judgment completely closed the door to any further chance of his developing the site.