Natural erosion had reduced the critical barrier islands in the Gulf, the result of the destruction of some 300,000 acres of wetlands. This amounted to 30 miles of marshlands.
About Mortimer Zuckerman
Mortimer Benjamin Zuckermanis a Canadian-American billionaire media proprietor, magazine editor, and investor. He is the co-founder, executive chairman and former CEO of Boston Properties, one of the largest real estate investment trusts in the US. Zuckerman is also the owner and publisher of U.S. News & World Report, where he serves as editor-in-chief.
More quotes from Mortimer Zuckerman
Americans cannot maintain their essential faith in government if there are two Americas, in which the private sector’s work subsidizes the disproportionate benefits of this new public sector elite.
American businessman
Surely, if Mother Nature had been consulted, she would never have consented to building a city in New Orleans.
American businessman
These days the American dream of home ownership has turned into a nightmare for millions of families. They wake every day to the reality of a horrible decline in the value of the home that has meant so much to them.
American businessman
These days, government employees are better off in almost every area: pay, benefits, time off, and security, on top of working fewer hours. They can thrive even in a down economy.
American businessman
For the baby boomer generation, a home is now seen not as the cornerstone of advancement but a ball and chain, restricting their ability and their mobility to move and seek out a job at another location.
American businessman
The unique danger today is the possibility that we may face longer-term stagnation as a consequence of relying too heavily on borrowed money.
American businessman
I decided law was the exact opposite of sex; even when it was good, it was lousy.
American businessman
Millions of public workers have become a kind of privileged new class – a new elite, who live better than their private sector counterparts. Public servants have become the public’s masters. No wonder the public is upset.
American businessman
Natural erosion had reduced the critical barrier islands in the Gulf, the result of the destruction of some 300,000 acres of wetlands. This amounted to 30 miles of marshlands.
American businessman
The most critical factor subduing the demand for housing is that home ownership is no longer seen as the great, long-term buildup in equity value it once was.
American businessman