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The Decline and Fall of the Yankees Empire

Oct. 17 (Bloomberg) -- Nothing heralds the decline of an empire quite like the construction of an expensive new headquarters.

Louis XIV built Versailles after his power had peaked, and before much of Europe united against him. Park Avenue’s Pan Am Building went up not so many years before the iconic company went under. Enron was still completing its postmodern skyscraper in Houston when it filed for bankruptcy in 2001.