Word: seagram
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Dates: during 1970-1979
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...likely to be an oil-thirsty white elephant, particularly the glass-box skyscrapers that sprouted in New York and other big cities. "Cheap oil made us very lazy," admits the illustrious Philip Johnson, 73, who with the equally illustrious Mies van der Rohe designed Manhattan's Seagram Building. Conceived by their creators as formal abstractions, such austere structures bore out the "less is more" precept in an unintended way: they used far more heating and cooling energy than the buildings they replaced. Now owners are scrambling to make skyscrapers more energy efficient with such devices as heat pumps, reflective film...
...candidates for acquisition by some larger company that after taking over uses all that cash to finance the deal. Almost the same moment that Brascan revealed its bid for Woolwjrth, Canada's Edper Equities, an investment company that is controlled by Edward and Peter Bronfman, cousins of the Seagram whisky chiefs, said that it wanted to increase its stake in Brascan from 5% to 50%. But then Brascan announced its new adventure, and an Edper spokesman said that his company's offer would be put off "until the Woolworth deal falls through...
...York Times, who called it "the most provocative and daring skyscraper proposed for New York since the Chrysler Building" and "the first major monument of Post-Modernism." Hogwash, retorted another critic, Michael Sorkin, in the Village Voice: A T & T will be "the architecture of appliqué ... the Seagram building with ears...
...same Utopian machine culture he would delight in poking fun at 40 years later. During his long association with the International Style, he built some of its canonical late buildings, notably his own glass house on his estate at New Canaan (1959) and, with Mies, Manhattan's Seagram Building (1958), which survives as the virtual Parthenon of glass-grid architecture. But unlike some other men of his generation, Johnson kept his restless, stylish sense of incongruity and his loathing of repetition. He is the Balanchine of architecture. His range is wide, running from the Renaissance monumentalism...
Making the trip were Robert Anderson, president, Rockwell International; George W. Ball, senior managing director, Lehman Brothers Kuhn Loeb Inc.; Louis L. Banks, adjunct professor of management, Massachusetts Institute of Technology; John R. Beckett, chairman, Transamerica Corp.; Philip E. Beekman, president, the Seagram Co.; James F. Bere, chairman, Borg-Warner Corp.; Theodore F. Brophy, chairman, General Telephone & Electronics Corp.; Philip Caldwell, vice chairman of the board, Ford Motor Co.; Michael D. Dingman, chairman, Wheelabrator-Frye Inc.; Edwin D. Dodd, chairman, Owens-Illinois, Inc.; Donald N. Frey, chairman, Bell & Howell Co.; W.H. Krome George, chairman, Aluminum Co. of America; Henry...