Three Generations That Built An EmpireBook - 2000
Donald's German immigrant grandfather Friedrich came to America with one suitcase and limitless faith in his gut instincts. A hotel and saloon keeper who provided miners with shelter and female companionship during the Klondike gold rush, he later opened a storefront real estate operation in Queens, New York.
Fred, Friedrich's eldest son, started building houses for neighbors while he was still in high school and was among the first to realize that the New Deal would become America's new gold rush. Using government housing subsidies and loopholes, Fred constructed thousands of new homes in Brooklyn and Queens, made a fortune, and provided start-up capital for his second son, Donald.
Donald, determined to pursue a career on a larger, and ultimately all-encompassing, stage, set his sights on Manhattan. It was then in a slump. Sensing the beginning of another gol