Word: builders
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...Time Bomb. A sharper downturn seems inescapable. So far this year housing has slipped only 1.3% behind its 1965 pace, but that is because most homes have gone up under deals made with lenders last year when money was abundant. These commitments are now beginning to expire, and builders can arrange only a trickle of new ones. "It's like a time bomb," says Builder Vincent Amore of Pittsburgh...
Boss of the Works. When Stokowski formed the A.S.O. in 1962 (contributing $60,000 of his own money), few people thought that he could make a go of it in concert-sated Manhattan. They underestimated the old master builder...
...must be sold to cover development costs, and the Concorde is already lagging in the sales race. So far, a dozen carriers have taken options on 52 Concordes, including 23 by TWA, Pan Am, Continental, Eastern and American Airlines. Though the U.S. SST does not yet have a builder-Washington will decide between Boeing and Lockheed by year's end-and will not be in service until 1974, 22 airlines have plunked down $9.6 million in deposits for 96 bigger (250 passengers) and faster (1,850 m.p.h.) American supersonics...
Zero Landings. Since the Federal Aviation Agency requires all gyrocopters to be at least 51% homemade, there were hairy tales of accidents to swap. One builder had mounted his rotor blade upside down, then vainly tried taking off with it that way. Another had added bolts to eliminate rotor teetering; when he took off, his craft turned into a gyroscope, flipped over and collapsed...
...scholar, with a liking for privacy, but his position as head of the Met placed him at the epicenter of the museum explosion that saw the Met's attendance during his decade of direction soar to more than 7,000,000 visitors annually. In response, Rorimer turned builder. He added a 150,000-volume art library, reopened 43 newly air-conditioned galleries, expanded exhibition space by 41% to a total of 20 acres. All the while, he had to preside over a staff of 600 and administer a budget of more than $5,500,000. During his stewardship...