The palace was designed between 1928 and 1932 by architect Piero Portaluppi (1888-1967) at the request of the Crespi family, a dynasty of entrepreneurs active in the textile and electrical industries and co-owners of the “Corriere della Sera.” The building reflects the mature style of the Milanese architect. Marbles and granites are arranged following a principle of lightness: darker at the base, lighter towards the top. The dynamic rhythm of the architectural elements lightens the facades: a base marked by arches, three floors punctuated by pilasters, and two upper recessed floors with terraces. The elegant pediments stand out at the top. Facing the former Corso Littorio (now Matteotti), the construction harmonizes with other works by Portaluppi, such as the Banca Commerciale Italiana building in Largo Mattioli and the restored Casa degli Omenoni.