Word: elliman
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Dates: during 1920-1929
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Douglas Ludlow Elliman, potent Manhattan realtor, through whom (Douglas L. Elliman & Co.) or his competitor-brother (Lawrence B. Elliman of Pease & Elliman Inc.) many a smart Manhattanite obtains his abode, returned from a European yachting trip, reported on the foreign housing situation. His points: in London the trend is toward private homes; apartments ("flats") are "a drug on the ma-ket." In Paris, Athens, Belgrade, Milan and many another continental city, the opposite is true. The co-operative apartment idea has "taken" in Paris...