A settlement was reached with the Westinghouse Corporation that provided Tesla with a consulting rate of $125.00 per month along with the agreement to pay his monthly rent expenses. Upon signing the agreement, Tesla promptly moved to the Hotel New Yorker where he'd live rent free for the rest of his days. The debt owed to Hotel Governor Clinton was never paid.
But we shall not satisfy ourselves simply with improving steam and explosive engines or inventing new batteries; we have something much better to work for, a greater task to fulfill. We have to evolve means for obtaining energy from stores which are forever inexhaustible, to perfect methods which do not imply consumption and waste of any material whatever.