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From Anka to Zeckendorf, some 1,500 of Manhattan's nabobs and thing-amabobs brought their fairest ladies to the $150-a-seat benefit premiere of The Movie Version (see CINEMA). The traffic jam packed 14 blocks of Broadway so solidly that Star Audrey Hepburn had to desert her limousine to trek the last block to the theater. Still, the snafu gave the locust swarm of lensmen a heyday, feasting their flashbulbs on the likes of Jean Kennedy Smith and Mrs. Winston ("CeeZee") Guest, as well as a handful of Hollywood's last duchesses. Joan Fontaine simply glowed...

Author: /time Magazine | Title: People: Oct. 30, 1964 | 10/30/1964 | See Source »

Merger Made. Looking at the weakening real estate market a few years ago, Murdock figured that it was time to move some of his money into broader areas. "We've learned something from the Zeckendorf experience," he says, referring to the financial woes of Manhattan's William Zeckendorf. When he wanted a bank tenant for one of his new buildings, Murdock went out and formed his own bank. In 1962 he walked into the board meeting of Central Investment Co., a holding company whose directors were feuding, and bought a major interest on the spot. He acquired...

Author: /time Magazine | Title: Finance: Shopping Center for Money | 10/2/1964 | See Source »

...likes of the King of Nepal, Adlai Stevenson, William Scranton, Prince Bernhard of The Netherlands and Groucho Marx. The Savoy also captured the fancy of a darkly handsome British real estate tycoon named Max Rayne. Two years ago he bought one-third of the hotel from William Zeckendorf, later bought the whole thing when Zeckendorf became even harder pressed for cash. Last week representatives of Rayne's London Merchant Securities Ltd. concluded an agreement for a huge and shrewd real estate deal involving the Savoy Plaza...

Author: /time Magazine | Title: Britain: A Gain for Rayne | 8/28/1964 | See Source »

...While Zeckendorf reeled and dealed to cover his debt, the revenues he had expected to rescue him failed to materialize. Freedomland, a pale Bronx imitation of Disneyland, lost $5.4 million. Place Ville Marie, a skyscraper show place in Montreal, lost another $4.5 million, and Webb & Knapp (Canada) no longer controls it. New York's Roosevelt Field, a large shopping center and industrial park, lost $1.2 million. Zeckendorf also took a $4.5 million bath in his Manhattan hotels...

Author: /time Magazine | Title: Real Estate: He Webs But Seldom Naps | 6/12/1964 | See Source »

...plot in New York's financial district, part of his Southwest Washington redevelopment project, and a San Francisco site where Webb & Knapp intended to construct apartments. Last week he dealt off his right to buy Manhattan's Drake Hotel, and a British buyer was reportedly dickering for Zeckendorfs Chatham. Considering that his revenues from the Astor, Manhattan and Taft are being passed out to creditors, the only New York hotel that Zeckendorf appears to have free and clear is the Gotham...

Author: /time Magazine | Title: Real Estate: He Webs But Seldom Naps | 6/12/1964 | See Source »

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