Complex sentence: Created in 1979 by Jay A. Pritzker and run by the Pritzker family, it is considered to be one of the world's premier architecture prizes so much so that it is often referred to as the "Nobel Prize" of architecture.
Split into simpler sentences: Created in 1979 by Jay A. Pritzker and run by the Pritzker family, it is considered to be one of the world's premier architecture prizes. The Pritzker is sometimes referred to as the "Nobel Prize" of architecture.