Woolworth Building Woolworth Building The Woolworth Building, at 233 Broadway, Manhattan, New York City, designed by architect Cass Gilbert and constructed between 1910 and 1912, is an early US skyscraper. The original site for the building was purchased by F. W. Woolworth and his real estate agent Edward J. Hogan by April 15, 1910, from the Trenor Luther Park Estate and other owners for $1.65 million. By January 18, 1911, Woolworth and Hogan had acquired the final site for the project, totaling $4.5 million. More than a century after its construction, it remains, at , one of the 100 tallest buildings in
David Cass optimal portfolio under the restriction of being able to buy only two mutual funds. They also showed that generally the demand for money can not be derived from portfolio theory. Cass was also a major contributor to the theory of incomplete markets, the turnpike theory and theory of economies with markets that repeatedly open over time. Dave Cass's first major contribution to economics was the characterization of optimal growth trajectories in his thesis work under Hirofumi Uzawa’s supervision at Stanford University. The celebrated Cass criterion for optimal time paths in the one good growth model quickly followed. The essence of