 While the first prize went to the American team of John Mead Howells and Raymond M. Hood, the second to the Finnish architect Eliel Saarinen and his team, and the third to Holabird & Roche - a Chicago-based architectural firm, Kautzky and Lechner won an honorable mention for their design.Kautzky had studied many skyscrapers and other architectural designs from various cities of America.At the same time, skyscrapers were being rapidly built and developed in New York and across America, while Hungary was going through an economic depression and governmental upheaval.