Word: builders
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Pasha Moses. The mayor is having only slightly less trouble in his sensible effort to consolidate five uncoordinated traffic and transportation agencies under a single overseer. One effect of the change would be to remove Robert Moses, 77, the city's longtime super-planner and master builder, from the chairmanship of the Triborough Bridge & Tunnel Authority...
...Projects) Clarence L. ("Kelly") Johnson, a $114,507-a-year (including bonuses) design genius who bosses the Burbank "skunk works," where Lockheed keeps its surprises a secret. Broadnosed, with piercing blue eyes and a bubbling humor, Johnson resembles a sober W. C. Fields. He decided to become a plane builder at twelve, joined Lockheed as soon as he won a master's in aeronautics from the University of Michigan. His drawing-board magic has created 19 of Lockheed's famed planes. Among them: the Hudson bomber, P-38, P-80, Constellations...
Spreading Out. So desperate is France's need for more housing that even Levitt's French competitors cheer his venture-the first such in Europe by a U.S. builder. "He's helping to fill the need," says Builder Jacques Boulais, "and he's giving French contractors a good lesson in the modern way to build a house." Levitt has already lined up land for a second project near Paris next year. After that he plans to spread out to Marseille, other French cities and northern Italy. In ten years, he predicts, his company will be producing...
Writing a weekly column, also for Newsday, and appropriately titled "From the Bridge," New York master builder and president of the recently concluded World's Fair, Robert Moses, 76, discusses what he likes best: bridges, superhighways and other public works. And what he likes least: his critics, whom he tells off in his customary salty fashion...
...still real estate, which offers larger returns for less effort than any other endeavor. The biggest key to wealth in real estate-and many other businesses-is "leverage," the ability to magnify the power and impact of a small initial investment by operating mostly on borrowed capital. A speculative builder can erect a building for 10% down, then get financing for the rest and boost his after-tax profits by deducting both his interest costs and heavy depreciation...