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Died. Robert Daniels Levitt, 47, longtime (1931-55) Hearst syndicate reporter, columnist (New York Journal) and publisher (The American Weekly), onetime (1941-52) husband of Musicomedienne Ethel Merman; by his own hand (barbiturates); in East Hampton...
Last week, with post-Sputnik hindsight, Director I. M. Levitt of Philadelphia's Fels Planetarium called that 1955 decision an "astonishing piece of stupidity." Levitt's argument, echoed by Army missilemen: the Army's Jupiter intermediate ballistic missile, well along in 1955, could and should have been adapted for launching a satellite (a modified Jupiter has reached an altitude of 650 miles, higher than Sputnik's orbit). But when it was made, the National Security Council decision seemed sensible enough. The U.S. had committed itself to pass on to the rest of the world, including Russia...
While Levittown, Long Island, suburbia's assembly-line Eden, celebrated its tenth birthday with fireworks, a 75-float parade, a midget football game and a performance of John Millington Synge's Riders to the Sea, William Levitt, the ringtailed realtor who started it all, celebrated in his own way. For $1,750,000 he bought Belair, the 2,226-acre Maryland estate of the late William Woodward Jr. Purpose: more diapers and down payments in a new, 5,000-castle Levittown...
Most builders were cheered by the changes. Said Levittown Builder William J. Levitt: "The new terms are a healthy stimulant to housing. They will enable the homebuilding industry to pull out of its nose dive starting right now, and housing starts should climb well over the 1,000,000 mark next year...
...roof has fallen in on the American building industry," said William Levitt, one of the nation's largest builders, as he surveyed the plight of the U.S. homebuilding industry last week. Though his pessimism was exaggerated, Levitt and his fellow builders had some reason for concern. The U.S. Department of Labor announced that housing starts in February fell to a seasonally adjusted annual rate of 910,000 units, the lowest point in five years. Housing and Home Finance Administrator Albert M. Cole held to his prediction that at least 1,100,000 new housing starts will be made...