Word: bautzer
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Dates: during 1950-1959
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Riding the Boom. Soon after Hearst died (TIME, Aug. 20, 1951), Marion took notice of the postwar building boom, decided that the time had come to develop her holdings. She hired the law firm of Bautzer, Grant, Youngman & Silbert, thereby got the services of Hollywood Lawyer-Bachelor-About-Town Gregson Bautzer and Manhattan Lawyer Arnold Grant. "I do what they tell me," says Marion. "Greg has a great mind for real estate. He's smarter than...
Shrewdly advised by Grant and Bautzer, she tore down some old brownstones at 57th Street and Park Avenue in Manhattan that were bringing her $8,000 a year, got the Tishman Realty & Construction Co. to put up and lease the 22-story, aluminum-sheathed Davies Building. It pays her about $120,000 a year. Down came a block of flats on her property at 55th Street and Madison Avenue, and now abuilding is the 17-story Douras Building, named for her father, onetime Manhattan Judge Barney Douras, which will bring her about $50,000 a year. By improving property...
Marion appreciates the talents of her lawyers, whose guidance has helped her earn an estimated annual net income of $400,000 a year from real estate. But they also respect her business instincts. Says Bautzer: "She has a good sense of smell about a piece of land...
...Bautzer's next question was about the time in 1949 when Rossellini was a guest in the Lindstroms' Los Angeles home...
...only the day before. Her testimony, coming after a spate of harsh charges made by her father, Dr. Peter Lindstrom, against Ingrid's present husband, Italian Movie Director Roberto Rossellini, was candid enough to set her elders straight. Judge Mildred Lillie and Ingrid's suave lawyer, Gregson Bautzer, asked the questions...