Word: hiltons
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...real estate, proportionately more than any other life insurance company. The Pru is the world's biggest private holder of home mortgages (500,000), one of the biggest financers of huge skyscrapers (Manhattan's Empire State Building, Chicago's Merchandise Mart, Cincinnati's Terrace Hilton Hotel), a strong backer of the new shopping-center boom. It supplied $8,000,000 for Minneapolis' new Southdale Center and $100 million for Los Angeles' Lakewood shopping center and for more than 7,500 houses in a new development surrounding the center. In every U.S. activity there...
...away a 16-to-18-story luxury apartment building (cost: $6,000,000 to $8,000,000) will rise near the new Hilton. In the Triangle, ground is to be broken in 1958 for a $4,500,000 Y.W.C.A. Building, 16 glassy stories resembling Manhattan's Lever House...
...heard plans for a null $12 million skyscraper for their bustling Gateway Center; 2) watched the barricades go up for a 17-story. $7,000.000, metal-sheathed monolith for Pittsburgh's H. K. Porter Co.; 3) got the designs for a $15 million, 800-room, new Hilton Hotel. Said Hotelman Conrad Hilton: "We have heard about the renaissance of Pittsburgh. We like to go into a live city. Many communities just talk about urban redevelopment. Pittsburgh has accomplished what it talked about...
...India, where Horatio Alger sagas are as rare as Hindu beefeaters, one of the rare exceptions is the career of Mohan Oberoi, India's Conrad Hilton and a onetime farm boy from the Punjab who started out in 1921 without a rupee to his name. He now owns a $20 million interest in Oberoi Hotels (India) Ltd., a string of 13 hotels, and a luscious beach guest house on the Bay of Bengal that has been host alike to nabobs, maharajas and Socialist Jawaharlal Nehru. Last week at 56, Hotelman Oberoi was constructing in New Delhi Asia...
...HILTON HOTELS CORP., which already controls three Manhattan hotels (WaldorfAstoria, Plaza, Statler), will take over the Savoy-Plaza early next year. In stock swap, Hilton will give about $15 million worth of its securities for 1,000-room hotel...