Tammany under Tweed had much greater influence – and affluence, so new headquarters was deemed desirable. The cornerstone for the new Tammany headquarters was laid on July 14, 1867.When the leaders of the Society found that they had not raised enough funds, and needed $25,000 more, a meeting was held at which $175,000 was immediately pledged. The new Wigwam was completed in 1868. The building had an auditorium big enough to hold public meetings, and a smaller one that became Tony Pastor's Music Hall, where vaudeville had its beginnings. The structure was topped off by a large-than-life statue of Saint Tammany. In 1927, the building was sold, to make way for the new tower being added to the Consolidated Edison Building.