Demolition began in the early winter of 1926 .
Construction began before the year was out , but the upper floors suffered a spectacular fire when wooden scaffolding caught alight on April 12 , 1927 before the building was completed .
Demolition began in the early winter of 1926 , and construction began before the year was out , but the upper floors suffered a spectacular fire when wooden scaffolding caught alight on April 12 , 1927 before the building was completed .