Word: wien
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...price ever paid for a single structure. For $65 million, Chicago Financier Henry Crown sold the 102-story Empire State Building, a flop when it was built in the Depression but a moneymaker now, to a syndicate headed by a personable Manhattan lawyer and real estate wheeler-dealer, Lawrence Wien...
...transaction was as complex as keen-eyed tax lawyers could make it. As soon as his Empire State Building Associates takes title to the property next December 27, Wien (rhymes with keen) will sell the building to the Prudential Insurance Co. for $29 million. Prudential, which already owns the land on which the Empire State sits (worth $17 million), will turn right around and lease the building and land back to the Wien syndicate for 114 years. Advantages for Prudential: a 7% return on invested capital and a way around a New York law that limits Prudential's investment...
...Airline business between Seattle and Alaska is up 15% over last year, and Wien Alaska Airlines has collected more than $130,000 in advance reservations for summertime Arctic tours, the highest ever...
...happened in Vienna last fall. When she burst into Carmen's Habanera on the Theater an der Wien stage, she was just an unusually handsome singer from the states. When she finished the song, the house vibrated with ecstatic shouting, and she was a star. One cast member counted 45 curtain calls. The less-demonstrative Met was not so generous last week when the curtain came down (on St. Patrick's Day) on its new Carmen (only about 15 calls), but happy Jean Madeira was serenaded with applause and pelted with green carnations. "I'd be glad...
...hour-and-a-half show given by professional and student performers in Sanders Theatre will precede the party. Additional entertainment will also be arranged. Storey said tentative engagements had been made with George Wien of Story ville, and hoped that Tom Lehrer, now in the army, would be able to appear...