Word: chanined
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...must be clearly understood that the Exchange is not listing property itself, but only the securities of the corporations handling the property. The investor will not buy the Chanin Building at so much a share but will buy stock in the Chanin company. If the investing public can be induced to think of real estate in terms of stocks and bonds and not in terms of brick and earth, there would seem to be no reason why the investing public will not learn to trade in real estate securities...
Russia supplied another outstanding realtor in Irwin S. Chanin, better half of Chanin Bros., though Henry I. Chanin is also able, active. Mr. Chanin was born in the U. S. of Russian parents who, however, took him back to Russia, then brought him back again, this time no more to roam. His father was a painter-plasterer in Brooklyn. Irwin also painted, plastered by day, went to Cooper Institute by night, won a prize for designing a bridge and got an engineering job in subway construction. During the War he helped build speedily erected laboratories for making poison...
After the War he had $200. He borrowed $300 from his fiancee, $600 from friends of his father, $19,000 from Brooklyn bankers, started putting up small houses in Bensonhurst, Brooklyn suburb. His carpentering and plastering employes mostly came to work in their automobiles. Mr. Chanin arrived via bicycle. He sold his-$10,000 houses for $13,000; was off on the way to his "56 stories of sunlight...
...Chanin Building at 42nd and Lexington, Manhattan. It has 20 elevators, each with a different interior and all paneled with imported woods used ordinarily in jewel boxes and violins...
...Chanin Building (New York...