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Klauder's massive granite Renaissance-style palazzo for the Drexel Bank exudes power by foregoing the maximum exploitation of its air rights above while wearing the garb of the past below—here the massive stonework of the Strozzi Palace of fifteenth-century Florence. Though its great private banking room has been subdivided, the splendid Renaissancestyle walnut ceiling can be seen through the modern balconies. It is the last and in many ways the most effective adaptation of a historical revival building of the new downtown.