Word: zeckendorfs
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...William Zeckendorf, president of Webb & Knapp, Inc., set the theme for the Harvard Urban Design Conference last night when he asserted that "the future of the city must be subordinated to the city planning board...
Speaking before a large audience in New Lecture Hall, Zeckendorf cited Boston as an example of bad planning. "The satellite cancer towns," he said, "have wrecked this city financially. Those who own it don't live in it, and those who live in it don't own it." He said later that Cambridge was one of the towns injurious to Boston's economic life...
...INDUSTRIAL CITY will rise along Mississippi River 30 miles upstream from New Orleans. William Zeckendorf's Webb & Knapp is break ing ground for $120 million townsite for 4,000 families, expects to finish first houses by July. Another $200 million will be invested in new plants there by Olin Revere Metals, Dow Chemical Co., Wyandotte Chemicals Corp., Kaiser Aluminum Corp...
With $33 million in loans from banks and insurance companies, the project has already paid off handsomely for Zeckendorf. In 1950 his realty firm, Webb & Knapp, put up $1,500,000 to buy a 60% interest in Roosevelt Field Inc., paying an average $9 a share. By last year the shares hit $45 on the American Stock Exchange and were split...
...Zeckendorf does not live in burgeoning Nassau County. Besides an eight-room Manhattan apartment, he has a 7O-acre waterfront estate in Greenwich, Conn., where he has moved more than a million cubic yards of earth to change the shoreline, installed a null swimming pool, and dredged out a ^2-acre fresh-water lake for bass. Last week he bought a twelve-room, $27,000 Greenwich house, Y$ mile from his estate, just to house his servants...