Word: marteli
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Chicago's Marshall Field & Co. was determined to sell its giant, profitable Merchandise Mart. Joseph Patrick Kennedy, onetime Securities & Exchange and Maritime Commission chairman, was determined...
...year-old Merchandise Mart (4,000,000 sq. ft. of floor space) cost Marshall Field $30 million to build, is still valued on its books at more than $21 million. Once the whitest of elephants, it is now 100% occupied, brings in an impressive $4,000,000 annually in rents...
More important, it has a long waiting list of wholesaler tenants who want to sit in on the Mart's 400,000-a-year retail-buyer traffic. From the Kennedy point of view, the deal was a thumping bargain...
President Ramón Grau San Martín signed a decree last week, granting $772,000 for a Workers' Palace in Havana. A block long, with a huge auditorium, luxurious offices, it will serve as headquarters for the Communist-led Confederation of Cuban Workers. Nowhere else in Latin America will labor have such a home...
...that the Monet-snatcher had no intention of trying to dispose of the picture-he was just settling an old score with the National Museum's Director Augusto da Rocha. A tightfisted administrator (he slashed the museum's staff) and no patron of the local art mart, politically rightist da Rocha has long been at odds with most Argentine artists, who are largely left-of-liberal. The expertly executed theft might prove embarrassing enough to cost...