William Jarid Levitt (February 11, 1907 - January 28, 1994), is the real-estate developer widely credited as the father of modern American suburbia. He certainly did not invent the building of communities of affordable single-family homes within driving distance of major areas of employment; yet his innovations in providing affordable housing popularized this type of planned community in the years following World War II.
Prior to World War II, Levitt & Sons built mostly upscale housing in and around Long Island, New York. After returning from the war, during which he served in the Navy as a lieutenant in the Seabees, William Levitt saw a need for affordable housing for the returning veterans.
Groups of workers would descend on a new, empty street. The slab laying group would go down the street laying concrete slabs for house after house, 60 feet apart. Other construction groups would work in the same manner, adding their part to the house lot by lot. The result was high-quality, nearly identical houses that were built for subtantially less than what they would have normally cost.
Residents started moving into Levittown, New York in 1947. Houses sold for between $8,000 and $12,000 with monthly payments as low as $57, a low price even by 1947 standards. The residents would come to be known as Levittowners.
During the late 1950s, Levitt and Sons also developed the commmuity known as "Belair at Bowie," in Bowie, Maryland. In 1957 they acquired the historic Belair estate, home of Maryland's colonial Governor Samuel Ogle and his Belair Stables. In 1959 the community was annexed by Bowie. He also Built in Palm Coast, Florida, Richmond, Virginia and Fairfax, Virginia.
Levitt & Sons was sold to ITT International Telephone and Telegraph in 1968 for a reported $90 million. Levitt subsequently lost much of his wealth in unsuccessful investments.
This article is licensed under the GNU Free Documentation License.
It uses material from the
"William Levitt".
Home Page • arts • business • computers • games • health • hospitals • home • kids & teens • news • physicians • recreation• reference • regional • science • shopping • society • sports • world