REAL ESTATE: Deep in the Heart of Boston

Many an outsider thinks of Boston as a place largely populated by professors, antiquarians, dowagers, and other quaint characters who still like their Martinis three to one. But not Roger L. (for Lacey) Stevens A 42-year-old Detroiter who rose from filling-station grease monkey to millionaire, Stevens was in the group that bought Manhattan's Empire State Building for $51 million a year ago "because it looked like a cheap piece of real estate" (TIME, June 4, 1951 et seq.). To him Boston is another such property.

Last week Stevens signed a contract to buy a 28-acre site in...

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