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Webb And Knapp
Webb and Knapp was a real estate development firm. The company is most famous for developing the Roosevelt Airfield, which was the launching site of the transatlantic flights of Charles Lindbergh and Amelia Earhart. It was also the firm at which famed architect I. M. Pei first worked from 1948 to 1956. History The company was founded in 1922 by Robert C. Knapp and W. Seward Webb. William Zeckendorf joined the firm in 1938 and acquired it in 1949. In the 1960s, the company filed for bankruptcy protection and Roosevelt Airfield was sold to Corporate Property Investors Corporate Property Investors was a real estate investment trust that built several notable shopping centers, including Lenox Square in Atlanta, the Burlington Mall (Massachusetts), Burlington Mall in Massachusetts, and Roosevelt Field Mall in New .... The company at that time had total assets of about $21,500,00 and total liabilities of about $60 million, plus contingent tax liabilities of $29,400,000. Referen ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Roosevelt Airfield
Roosevelt Field is a former airport, located in the East Garden City section of Uniondale, on Long Island, New York, United States. Originally called the Hempstead Plains Aerodrome, or sometimes Hempstead Plains field or the Garden City Aerodrome, it was a training field (Hazelhurst Field) for the Air Service, United States Army during World War I. In 1919, it was renamed in honor of President Theodore Roosevelt's son, Quentin, who was killed in air combat during World War I. Roosevelt Field was the takeoff point for many historic flights in the early history of aviation, including Charles Lindbergh's 1927 solo transatlantic flight. It was also used by other pioneering aviators, including Amelia Earhart and Wiley Post. History The Hempstead Plains Aerodrome originally encompassed east of and abutting Clinton Road, south of and adjacent to Old Country Road, and west of Merrick Avenue. A bluff 15 feet in elevation divided the plain into two large fields. The U.S. Army ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Transatlantic Flight
A transatlantic flight is the flight of an aircraft across the Atlantic Ocean from Europe, Africa, South Asia, or the Middle East to North America, South America, or ''vice versa''. Such flights have been made by fixed-wing aircraft, airships, balloon (aircraft), balloons and other aircraft. Early aircraft engines had neither the reliability nor the power to lift the required fuel to make a transatlantic flight. There were difficulties navigating over the featureless expanse of water for thousands of miles, and the weather, especially in the North Atlantic Ocean, North Atlantic, is unpredictable. Since the middle of the 20th century, however, transatlantic flight has become routine, for commerce, commercial, military, diplomacy, diplomatic, and other purposes. History The idea of transatlantic flight came about with the advent of the hot air balloon. The balloons of the period were inflated with coal gas, a moderate lifting medium compared to hydrogen or helium, but with enough l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles Lindbergh
Charles Augustus Lindbergh (February 4, 1902 – August 26, 1974) was an American aviator, military officer, and author. On May 20–21, 1927, he made the first nonstop flight from New York (state), New York to Paris, a distance of . His aircraft, the ''Spirit of St. Louis'', was built to compete for the $25,000 Orteig Prize for the first flight between the two cities. Although not the Transatlantic flight of Alcock and Brown, first transatlantic flight, it was the longest at the time by nearly , the first First solo flight, solo transatlantic flight, and set a new flight distance Flight distance record, world record. The achievement garnered Lindbergh worldwide fame and stands as one of the History of aviation, most consequential flights in history, signalling a new era of International flight, air transportation between parts of the globe. Raised in both Little Falls, Minnesota and Washington, D.C., Lindbergh was the son of U.S. Congressman Charles August Lindbergh. He became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amelia Earhart
Amelia Mary Earhart ( ; July 24, 1897 – January 5, 1939) was an American aviation pioneer. On July 2, 1937, she disappeared over the Pacific Ocean while attempting to become the first female pilot to circumnavigate the world. During her life, Earhart embraced celebrity culture and women's rights, and since her disappearance has become a global cultural figure. She was the first female pilot to fly solo non-stop across the Atlantic Ocean and set many other records. She was one of the first aviators to promote commercial air travel, wrote best-selling books about her flying experiences, and was instrumental in the formation of Ninety-Nines, The Ninety-Nines, an organization for female pilots. Earhart was born and raised in Atchison, Kansas, and developed a passion for adventure at a young age, steadily gaining flying experience from her twenties. In 1928, she became a celebrity after becoming the first female passenger to cross the Atlantic by airplane. In 1932, she became th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Zeckendorf
William Zeckendorf Sr. (June 30, 1905 – September 30, 1976) was a prominent American real estate developer. Through his development company Webb and Knapp — for which he began working in 1938 and which he purchased in 1949 — he developed a significant portion of the New York City urban landscape. Architects I. M. Pei and Le Corbusier designed structures for Zeckendorf's development projects. Early life Zeckendorf was born to a Jewish family in Paris, Illinois, the son of a hardware store manager. His family moved to New York City when he was three years old. He attended New York University but dropped out to work at the real estate company of his uncle, Sam Borchard. He soon left his uncle's firm to work for Webb & Knapp, a small New York building manager and brokerage. Career Zeckendorf's most notable property acquisition, and potential development of a "dream city" to rival Rockefeller Center, was a site along the East River between 42nd Street and 48th Street. In a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Time (magazine)
''Time'' (stylized in all caps as ''TIME'') is an American news magazine based in New York City. It was published Weekly newspaper, weekly for nearly a century. Starting in March 2020, it transitioned to every other week. It was first published in New York City on March 3, 1923, and for many years it was run by its influential co-founder, Henry Luce. A European edition (''Time Europe'', formerly known as ''Time Atlantic'') is published in London and also covers the Middle East, Africa, and, since 2003, Latin America. An Asian edition (''Time Asia'') is based in Hong Kong. The South Pacific edition, which covers Australia, New Zealand, and the Pacific Islands, is based in Sydney. Since 2018, ''Time'' has been owned by Salesforce founder Marc Benioff, who acquired it from Meredith Corporation. Benioff currently publishes the magazine through the company Time USA, LLC. History 20th century ''Time'' has been based in New York City since its first issue published on March 3, 1923 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bankruptcy
Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, meaning the term ''bankruptcy'' is not a synonym for insolvency. Etymology The word ''bankruptcy'' is derived from Italian language, Italian , literally meaning . The term is often described as having originated in Renaissance Italy, where there allegedly existed the tradition of smashing a banker's bench if he defaulted on payment. However, the existence of such a ritual is doubted. History In Ancient Greece, bankruptcy did not exist. If a man owed and he could not pay, he and his wife, children or servants were forced into "debt slavery" until the creditor recouped losses through their Manual labour, physical labour. Many city-states in ancient Greece lim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corporate Property Investors
Corporate Property Investors was a real estate investment trust that built several notable shopping centers, including Lenox Square in Atlanta, the Burlington Mall (Massachusetts), Burlington Mall in Massachusetts, and Roosevelt Field Mall in New York. History CPI was founded in 1971 by Disque Deane. From 1977 to 1998, fashion buyer and pioneering art patron Rosalind Gersten Jacobs was director of merchandise and marketing. In 1982, the company financed the General Motors Building (Manhattan), General Motors Building in Manhattan with $500 million and received an option to buy the building. In 1991, the company acquired the General Motors Building for $500 million. In January 1998, The Rouse Company bid for the company. However, Rouse was outbid and CPI was acquired by Simon Property Group. The General Motors Building was separately sold to Donald Trump and CNO Financial Group for $800 million. References {{Reflist, 1 Real estate investment trusts of the United States Am ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''NYT'') is an American daily newspaper based in New York City. ''The New York Times'' covers domestic, national, and international news, and publishes opinion pieces, investigative reports, and reviews. As one of the longest-running newspapers in the United States, the ''Times'' serves as one of the country's Newspaper of record, newspapers of record. , ''The New York Times'' had 9.13 million total and 8.83 million online subscribers, both by significant margins the List of newspapers in the United States, highest numbers for any newspaper in the United States; the total also included 296,330 print subscribers, making the ''Times'' the second-largest newspaper by print circulation in the United States, following ''The Wall Street Journal'', also based in New York City. ''The New York Times'' is published by the New York Times Company; since 1896, the company has been chaired by the Ochs-Sulzberger family, whose current chairman and the paper's publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
