From 1872 to 1884, he had the Palais Nathaniel Rothschild erected at 14-16 Theresianumgasse in Vienna-Wieden in a lavish Ringstraße style inspired by French Renaissance architecture. He himself lived alone in a small apartment, while in various parts of the building his large collection of art was on display. The palais was badly damaged by the bombing of Vienna in World War II and afterwards demolished.