Real Estate

Crown officials granted permission for a large office building to be erected on the Carleton House terrace block overlooking the Mall. Reporters quickly discovered that such a building will impair the view from Buckingham Palace. The Daily Express immediately recalled an interview with Viscount Esher (son-in-law of New York's August Heckscher) in which he said:

"King George's dream is to sell Buckingham Palace and with the money to reconstruct Kensington Palace as a town residence."

Kensington Palace was the girlhood home of both Queen Mary and Queen Victoria. Their Majesties believe it far more comfortable than ornate Buckingham and less expensive to operate. It is now employed as a repository for King George's aunts: Princesses Louise and Beatrice.*

P:The Iveagh estate, comprising 78 acres, and over 1,150 houses around Earl's Court subway station in west London, was sold to a syndicate last week for $3,430,000. Rupert Edward Cecil Lee Guinness ("Guinness is Good for You!"), Earl of Iveagh and Dublin brewer, bought the estate from the executors of the fifth Baron Kensington in 1902 for $2,745,000.

* Last week his doctors forbade the King to return to flu-racked London, kept him at Sandringham where a cold snap froze an ornamental pond. While Queen Mary sat placidly on a little bench. His Majesty put on skates, and to the plaudits of his Household and guests scorned his 67 years by cutting slow figure 8's, practicing his inner and outer edge.

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