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Daily News from New York, New York • 98

Publication:
Daily Newsi
Location:
New York, New York
Issue Date:
Page:
98
Extracted Article Text (OCR)

Pao Am Mam mo mow By RON HOWELL yesterday that Pan Am executives have discussed the possibility of moving, but he maintained that there are no formal plans yet And, he said, "No decision has been made." However, Barkle said the financially ailing company would be able to save substantial amounts of money if the central offices were moved to Miami THE SAVING would come about because the 500 marketing and executive jobs that would leave here are currently centered in the Pan Am Building, which the airline rents from the Metropolitan Life Insurance Co. at the rate of $40 a square foot. In Miami, the 500 employes would be located in a nearly empty building owned by Pan Am at that city's main airport The Miami reported yesterday that the Pan Am board of directors would vote on the move within a month and that the transfer could begin by the end of the year. Barkle said that only the central staff of about 500 would be affected in the discussed move to Miami Pan Am reported losses of $217.6 million for the first six months of this year. The airline recently asked its 33,000 workers to take 10 pay cuts and is aggressively encouraging workers' unions to accept the proposal.

Pan American World Airways is considering moving its headquarters from New York to Miami, a move that would mean a loss of about 500 jobs here. Richard Barkle, a spokesman for the airline, which employs 11,500 people in the metropolitan area, conceded MOOTM? in "Bifi i4s! r.rr, 1 mm mmmm In a sneak attack that took even the general manager by surprise, wrecking crews descended early yesterday on the Biltmore Hotel, removed the legendary gilded clock from the lobby en- trance and began to dismantle the fixtures in the stately interior of the 68-year-old edifice, destined to be rein- carnated as an office building for the giant Bank of America. The hotel, at 43d St between Madison and Vanderbilt had been due to gradually wind down its operations over the course of the month. But by noon yesterday, the Roman-numeraled clock under which generations of college students met their dates had disappeared, the Rendezvous Bar and Palm Court had been boarded up with planks and private guards had been posted at the hotel's entrances, instructed to turn away the curious. "It's closed," said one with terse bluntness.

Several hotel employes said demolition had not been scheduled to begin until Aug. 31 and that staffers were "upset, angry and shocked" by the decision tc speed up work. Referring to one of the Milstein brothers, Paul and Seymour, who own both the Biltmore and the nearby Roosevelt Hotel at Madison Ave. and 45th one employe said: "Mr. Milstein did this all DIEHOflE DROHAN OAlLV NEWS OIERDRE DROHAN DAILY NEWS Biltmore Hotel personnel toad luggage of guests for shipment to other hotels as work begins on transformation of Biltmore Into an office building.

A note of encouragement, however: Previously announced plans call The clock will be put back up after the for the 26-story building to be stripped renovations are completed. See BILTMORE Page 71 The famed Biltmore clock, a rendezvous point for generations, will be reinstalled after renovation. this by himself. He never even let tne general manager know." If win Miff By MARY ANN GIORDANO e. at to the allegations against her.

"I'm somewhat confused as to the motives Involved," she said. "I JUST VERY MUCH enjoy the work I'm doing," she said, adding: "I'm doing what I want, to help kids. I want nothing else from my family but to live my life and work where I want and have the right to my funds. "I'm deeply hurt over this," she said. "They're (the allegations) just totally untrue." Barker, who got on the phone after Caspersen, described the young woman as "an outstanding counselor, the top of the tops." Barker said: "The charges are utterly ridiculous.

I've never asked her for a penny or taken a penny. This is a very fine young lady, smart and frugal." Superior Court Judge Reginald Stanton has scheduled arguments in the petition for Sept 16. Graduates from The Seed program are expected to toe called as witnesses. a man of the Beneficial Management Co. of Morris-town, and her grandmother, Freda Caspersen of Venice, Fla.

They allege that Caspersen is "mind-controlled" by Barker. HER FINANCIAL AFFAIRS center on the $1 million estate of her father, John W. Caspersen, who died in 1971. Caspersen said yesterday that she received part of the money when she turned 21 last year and insisted "it's all accounted for. I have total control of it, as well as the money I have earned." A former drug addict, Caspersen has worked the last five years at The Seed, counseling drug addicts in a day-care program.

She lives in the home of Barker and his wife, but described that yesterday as standard practice for staff members who must be on 24-hour call for program participants. Caspersen, who returned to Fort Lauderdale yesterday morning after spending the week in RlerYLstown' in 'preparation for the court battle, satd she is not sure why her relatives have made to A New Jersey heiress whose relatives claim is "controlled" by the head of a Florida drug rehabilitation program and is incapable of handling her million-dollar inheritance 6aid yesterday that the allegations were "totally unfair and totally unfounded." Heiress Dawn Caspersen, 22, told the Daily. News in a telephone interview from Fort Lauderdale that she was "perfectly free to do anything with my life that I want There's just absolutely no reason for the allegations." Caspersen's uncle and grandmother have asked a New Jersey judge to declare her incompetent to handle her own affairs because they claim she Is dominated by Arthur Barker, head of The Seed drug rehabilitation center in Fort Lauderdale, where she works for $10,000 a year. The court papers were filed in Morristown, N.J., by the heiress' uncle, Fnn Caspersen, chair r-.

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Pages Available:
18,846,294
Years Available:
1919-2024