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Vincent Astor

American businessman

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Vincent Astor was an American businessman and a member of the prominent Astor family, known for their significant real estate investments in New York City. Unlike some of his more conservative ancestors, Vincent Astor was a proponent of social reform. He sold Astor-owned properties to New York City at favorable terms for the development of housing projects and supported the New Deal and other social reforms. He actively managed the family's real estate holdings and, for the last two decades of his life, led the corporation that published Newsweek magazine. He was the son of John Jacob Astor (1864–1912), who was known for building several New York City hotels and tragically perished on the Titanic.12

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2 Britannica Sources
  1. Astor family
  2. John Jacob Astor

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