- Steinway & Sons builds and sells 8,141 pianos.
- Steinway & Sons employes 2,300 workers: 800 more than only two years ago.
- Steinway & Sons makes $5.8 million in American piano sales, more then twice, compared to 1919. The total Steinway & Sons sales amount is nearly $8,000,000.
- Steinway & Sons’ net profit is $951,000.
- Celebrity taylor Jack Halberian buys Steinway Mansion.
- Steinway & Sons sells hundreds of undeveloped parcels of land around its Astoria factories.
- Steinway & Sons’ net profit in real estate sales is $325,000.
- Fred Steinway and Henry L. Ziegler make over $30,000 a year in salary, and each of them receives dividends from about $500,000 worth of Steinway & Sons stock.
- Aging Nahum Stetson gives the management of the wholesale department over to Ernest Urchs. From this year on, Ernes Urchs will manage two departments at Steinway & Sons: Concert and Artists and wholesale. He is the first non-family member since the days of Charles Tretbar to have amassed so much responsibility and power at Steinway & Sons.
- Ernest Urchs, on the hunt for new piano talents, discovers an unknown pianist, a young Russian Jewish refugee, Vladimir Horowitz. Having heard Horowitz play, Urchs considers him potentially an equal to such piano superstars as Rubinstein, Paderewski, Hofmann and Rachmaninoff.
- Steinway Hall is awarded the Fifth Avenue Association’s Gold Medal for the finest new building in Manhtattan.
- Grotrian-Steinweg family opens a corporation in the United States, called Grotrian-Steinweg Company, registered in Delaware. (Over the next three years, the Grotrian-Steinweg Company will sell only 15 pianos, and a few more of their pianos will be sold by an independent dealer in New York City.)