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Skiing & Taxes. Basically, the formula is the one on which John Jacob Astor rode to riches more than a cen tury ago as the No. 1 landlord of Manhattan: buy land in the path of population expansion and profit from its development or sale at soaring prices. Accordingly, most of today's corporate involvement lies in the West or South west. In Southern California, nine industrial companies are building or planning projects embracing 319 sq. mi. Since land is the world's only major commodity in fixed supply, while population constantly rises, investment in land...

Author: /time Magazine | Title: Investment: Lure of the Land | 2/5/1965 | See Source »

...Landlord to 9,000. All three big aluminum producers are deep in real estate. Having invested $41 million in ten projects in six cities, Aluminum Co. of America is not only landlord to 9,000 Manhattan families, but also owns additional housing in Philadelphia, Pittsburgh, Indianapolis, Los Angeles and San Francisco. Kaiser Industries and Kai ser Aluminum are part owners of a $20 million, 135-sq.-mi. site for a new city near San Diego. Reynolds Metals has completed 1,588 units of renewal housing in Cincinnati, Philadelphia, Kansas City, Richmond and Washington, D.C., has $397 million worth under...

Author: /time Magazine | Title: Investment: Lure of the Land | 2/5/1965 | See Source »

Epigram into Epic. Legal freedom, of course, does not abolish economic bondage. The heroine shacks up with a tenant farmer and watches a greedy landlord grind him down. Demoralized and dispossessed, the couple drifts to the big city and dissolves into a vast white slum remarkably like Harlem. At the climax, both are caught up in street riots and tandup strikes that gradually evolve into an effective drive for racial equality...

Author: /time Magazine | Title: Books: To Feel What Wretches Feel | 1/29/1965 | See Source »

...rented house belonging to Chicken Farmer Clifford C. Eastman. When they found their bedroom bugged with what they claim was a listening-recording device wired to Eastman's house, 500 feet away, the Hambergers each filed $50,000 damage suits against their landlord for "willfully and maliciously" invading their privacy. Hamberger said he was so "greatly distressed" that he needed medical care, "and is still unable to properly perform his normal and ordi ary duties as a father and a husband." His wife claimed corresponding injuries...

Author: /time Magazine | Title: Torts: The Case of the Bugged Bedroom | 1/15/1965 | See Source »

Agitatedly, the landlord reappears to tell Mrs. Hudd that a man in a darkened room in the basement demands to see her. The man proves to be a blind Negro (Robertearl Jones) who begs her to come home and implies that he is her father. Mr. Hudd returns, savagely batters the Negro to the floor, and as the curtain starts to drop, Mrs. Hudd turns blind. There are no safe guesses when it comes to Pinter, but a half-safe guess is that the blind Negro is Death or Fate, the ultimate invaders of cozy islands of tranquillity...

Author: /time Magazine | Title: Theater: Finger Exercises in Dread | 12/18/1964 | See Source »

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