Word: knapp
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Dates: during 1960-1969
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ZECKENDORF'S Webb & Knapp has dropped plan to buy 20th Century-Fox's 267-acre movie lot in Los Angeles and develop it into $500 million "Century City," needs its cash for other developments. Kratter Corp., New York realty investment company, will pay $43 million cash for the property, build middle-income housing and shopping centers. Webb & Knapp still plans a 950-room hotel...
...Cold to Hurt. "There are lots of fancy ideas about the motivation for starting frostbiting," says Knapp. "But I say it's simple. The motivation was gin. This nonsense started in 1932, at the Knickerbocker Yacht Club in Manhasset. Somebody had imported some English pram sailing dinghies. There was a big argument, after some bathtub gin, over the merits of dinghies, and we decided to have a regatta on New Year's Day. G. Colin Ratsey won the race. He's now a partner in the sailmaking firm of Ratsey
...half a dozen sailors are dragged gasping from near 35° water, either by the crash boat or by their nearest rival, who by rule is compelled to fish them out. The salt spray often freezes, glazing the floorboards with ice, and the cold numbs the pain of injury. Knapp's index finger was badly frostbitten last year, but he cannot recall when it happened. Skipper Alex Gest noticed a pool of blood in his dinghy. "I had to take a look," he says, "to see which hand...
Order of Sparta. No race has ever been canceled because of cold. Once fierce winds drove the races from the Sound to a sheltered inland pond, and there Knapp's sister was disqualified for thunking into a chicken coop. Today, the most devout followers are joined in the no-dues, no-assets Frostbite Yacht Club. The club burgee is a polar bear standing on a cake of ice, his rump raised to the wind, and after the annual regatta, awards are passed out: i.e., Upholder of the Right of the Port Tack (to the skipper with the least regard...
Unlikely as it seems, frostbiting is booming. Last week dinghies put out into the chill waters from eleven different points on the Sound, scores of other spots on both coasts. "It's like hitting yourself on the head with a hammer," sums up Knapp, clasping the tiller of his dinghy Agony. "It feels great when you stop...