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PR E FA C E


                   embarked on a plan of expansion. FM broadcasting was in its infancy
                   but the superiority of the sound made it an attractive prospect. We
                   purchased several other stations—both AM and FM—increased
                   their market share, and then sold them at huge profits. In 1986,
                   Marty and I bought out all of our investors for 25 times their origi-
                   nal investment. In 1987, we were faced with a decision that many in-
                   vestors confront at some time, to expand the business or sell out to
                   someone who would. We chose to take a substantial profit and leave
                   the expansion to the buyer.
                       But the radio business was only a sideline to my law career. In
                   1966, after 10 years with Goldman and DiLorenzo, my reputation
                   had grown to the point where I could have received a partnership
                   with any quality law firm with a real estate department. I opted to re-
                   turn as  a partner to my old firm, Dreyer and Traub, where I was
                   being accepted as a senior partner. I realized that since only two
                   young attorneys had become new partners in the past 10 years and
                   the old partners were reaching retirement, it would be my firm
                   within  a few years. That’s exactly what happened. By the early
                   1970s, I became one of four senior partners running one of the best
                   real estate law firms in New York with as many as 120 lawyers. I led
                   that firm for more than 20 years.
                       Eventually, I got tired of dealing with partnership politics, gave
                   up the active practice of law, got a severance package, and joined the
                   Edward S. Gordon Company where my role for the next 10 years was
                   to supply real estate expertise to major clients like United Technolo-
                   gies, IBM, the New York Times, and AT&T.




                           HOW I CAME TO WORK FOR DONALD TRUMP


                   Although I left the active practice of law in 1987, I remained friendly
                   with Donald Trump, and though I had worked with him on many of


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