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Word: zeclcendorf (lookup in dictionary) (lookup stats)
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...Never at a loss for a grandiose idea, Manhattan Real Estate Tycoon William Zeclcendorf, boss of the widespread Webb & Knapp empire, acquired a controlling interest in Yonkers Raceway for International Recreation Corp., a Webb & Knapp affiliate. Estimated cost: $17 million. Zeckendorf's avowed intention is to build a geodesic dome over the track to make it a year-round sports arena. More likely, he will merge the profitable Yonkers with International in order to write off the losses on International's Freedomland amusement park, which has yet to show a profit. Always in need of ready cash, Zeckendorf...

Author: /time Magazine | Title: Business: Personal File: Oct. 20, 1961 | 10/20/1961 | See Source »

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