Asia Society announces new permanent home in historic Washington building
The Asia Society announced on Thursday that it had marked out territory on the Washington policy landscape with the purchase of a US$17.5 million building that will give it a permanent spot alongside other US capital think tanks dating back more than a century, striving for influence. The 70-year-old institution, founded by the grandson of oil mogul John D. Rockefeller, has focused more on public…
The Asia Society has announced it will move into the historic 15,000-square-foot James G. Blaine Mansion in Washington, D.C., as it seeks a permanent home among other US think tanks. The 70-year-old organization, founded by John D. Rockefeller's grandson, has increasingly focused on public policy in recent years. The mansion, which cost US$17.5 million, will house offices, conference facilities, and meeting spaces.
Stephen Schwarzman, a society trustee and chairman of Blackstone, the world's largest asset management firm, led the US$19.99 million purchase of the 1882 Blaine Mansion, which also features a private pool, three underground parking levels, and a restaurant annex. The Blaine Mansion, once home to inventor George Westinghouse and the Japanese Embassy, is located in Washington's DuPont Circle neighborhood, adjacent to other prominent think tanks, including the Carnegie Endowment for International Peace, Brookings Institution, and American Enterprise Institute.
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