Word: abe
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Dates: during 1950-1959
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Pulitzer Prize Playhouse (Fri. 9 p.m., ABC-TV). Abe Lincoln in Illinois, with Raymond Massey and Betty Field...
...Take Your Word (Fri. 8:00 p.m., CBS-TV). Wordmaster: Abe Burrows...
...build a house on a piece of Long Island property which they hadn't been able to sell. Alfred quit New York University-after telling the dean that the place couldn't teach him anything more-and drew plans for a Tudor-style house. Says father Abe: "Alfred loved to draw, but he didn't know what a two-by-four was." Nevertheless, they sold that first house at a profit-and the Levitts were in the building business for good...
With Alfred designing and Bill handling the selling and organizing, they sold 600 houses in the next four years. Describing the team, Abe likes to say: "Bill wouldn't be a success without Alfred and Alfred wouldn't be one without Bill. Together they're terrific." But it was Bill who furnished the drive and salesmanship. In 1934, the Levitts built "Strathmore-at-Manhasset," Long Island, their first development: 200 houses, priced from $9,100 to $18,500. In the next seven years, they built about 2,000 more houses...
...Levitts' own building has been hugely profitable. As president and co-owner (50%) of the $10.5 million Levitt & Sons, Inc., Bill pays himself $125,000 a year; Architect Alfred, who owns the other 50%, draws the same. Father Abe, who now spends his time landscaping, is paid $60,000 for being what some Levittowners call "vice president in charge of grass seed." From outside interests (e.g., the California timber stands and two country clubs which are operated in connection with the Levitts' more expensive Strathmore developments) the brothers get another $150,000 a year apiece. And when they...