WE feel rather close to the subject of urban renewal, taking considerable pride in the fact that Time Inc. has played a key role in major rehabilitation of an area in the world's greatest city. In 1957, when work started on the new TIME & LIFE Building on Manhattan's Avenue of the Americas between 50th and 51st Streets, this new extension of Rockefeller Center was in a neighborhood scarred by shabby old buildings dating back to the era of the Sixth Avenue Elevated. During the seven years since then, 16 other major buildings have...
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