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In an unsuccessful attempt to increase the number of Japanese ratepayers and thus gain a majority on the Shanghai Municipal Council, which governed the International Settlement, a Japanese joint stock company purchased the Broadway Mansions in 21 March 1939 at a considerable loss to its owners for $5,000,000, with the considerable hesitation of H.E. (Harry) Arnhold, the chairman of the board. At that time "The China Weekly Review" reported: "One of the most luxurious hotels in Shanghai, Broadway Mansions has 156 hotel suites, 56 apartments, and eight offices and stores." Many non-missionary foreigners were interned at the Broadway Mansions after the bombing of Pearl Harbor in December 1941.