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Building modest homes made Levitt rich. In 1968, after his company had built more than 140,000 houses around the world, Levitt & Sons was sold to ITT Corp. for $92 million in stock, most of which went to him. That fortune bought, among other things, a 237-ft. yacht, La Belle Simone, named for his third wife, and a 30-room mansion in Mill Neck, N.Y. But the deal barred him from the domestic construction business for 10 years. Within four years, the ITT stock, which he had been using as collateral to build subdivisions in places like Iran, Venezuela...

Author: /time Magazine | Title: Suburban Legend WILLIAM LEVITT | 12/7/1998 | See Source »

Representing Harvard in Division A of the double-handed racing were captain Cori Ermler as skipper and senior Becky Rosen as her crew. Division A raced in the 420-model yachts. In Division B, fresh man Margaret Gill and senior Lauren Toretta navigated an FJ-model yacht...

Author: By Josh Dienstag, CONTRIBUTING WRITER | Title: Sailing Falls Short at ACCs | 11/17/1998 | See Source »

Harvard's victory was also due to its versatility in maneuvering different yacht models. On Saturday, all Division A teams raced in the TECHF models, which were actually custom designed by MIT. On Sunday, they were required to switch to more traditional FJs. Conversely, Division B was in FJs on Saturday and TECHFs on Sunday. While Harvard's team showed no inconsistency in either model of boats, Tufts' A squad struggled in the FJs on Sunday, and as a result they were overtaken by the Crimson in the final standings...

Author: By Josh Dienstag, CONTRIBUTING WRITER | Title: W. Sailing 'Urns' ACC Bid, Co-eds Win | 11/3/1998 | See Source »

Whatever the price, for some people the journey will be worth the expense. "Rome is the birthplace of Western civilization and Christian culture," observes Joan Lewis of the Vatican Information Service. "As long as you're not looking for something outlandish like a yacht that's going to cross two time zones, this is the place...

Author: /time Magazine | Title: Where Will You Be...December 31, 1999? | 10/5/1998 | See Source »

...case involves sex. The American penchant for locker-room humor has permitted the immorality of President Clinton's behavior to become clouded, at least, and perhaps even approved of by a cadre of admiring misfits with no respect for the vulnerability of the young. HUGH R. CALLUM Aboard the Yacht Meachelle Sailing on the Caribbean...

Author: /time Magazine | Title: Letters: Jun. 8, 1998 | 6/8/1998 | See Source »

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