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In 1990 Venezuelan banker David Brillembourg began to build a forty storey, glass-clad skyscraper in Caracas, crowned by an heliport, aimed to  transform a part of downtown Caracas into a Wall Street-style financial district. Brillembourg , also known as  "King David", spent in "David's Tower" project  a part of the fortune he got in the stock markets in the 8o´s.<br />
David  died in 1993. One year later, his financial emporium  Confinanzas, managed by one of his sons, went bankrupt, in a black year for Venezuelan banks. <br />
Immediately the work progress at David´s Tower interrupted, and never resumed.  The project sunk in a legal swamp, managed by a state institution that tried a couple of unsuccessfully auctions.<br />
In 2007 people with housing problems invaded the towers and created a cooperative to keep some order and services inside, called Caciques de Venezuela. Now about 2.500 squatters live in David´s Tower, probably the largest invaded building of Latin America. Massive, impressive, seen from everywhere, David´s Tower is a symbol of projects never ended, promises never completed, decay.

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In 1990 Venezuelan banker David Brillembourg began to build a forty storey, glass-clad skyscraper in Caracas, crowned by an heliport, aimed to transform a part of downtown Caracas into a Wall Street-style financial district. Brillembourg , also known as "King David", spent in "David's Tower" project a part of the fortune he got in the stock markets in the 8o´s.
David died in 1993. One year later, his financial emporium Confinanzas, managed by one of his...
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Headline: Caracas David Tower
Author: Angela Bonadies
Date created: 22 Jan 2011
Dimension: 3937x5906
File size: 2.9MB
City: Caracas
Country: Venezuela
Keywords: squatters, invaders, housing, poverty, Angela Bonadies
Copyright: Angela Bonadies/Archivolatino


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