How it started one evening over drinks.
I don't believe that either my uncle, Al Hagedorn, or father, Charles, ever thought that the publication they founded in the Eisenhower era would be celebrating a 50th anniversary. It's an event!
The concept of Real Estate Weekly was obvious to my uncle and my father.
Here's the story as they told it:
Fifty-one years ago, Al was employed as the advertising salesman for a bi-weekly real estate publication; Charles had started a community weekly newspaper in 1947 for the then-new Stuyvesant Town and Peter Cooper Village Peter Cooper Village is a residential development in the New York City borough of Manhattan, which is located east of Gramercy Park, between First Avenue and Avenue C, stretching between 20th and 23rd Streets. .
At a gin mill somewhere in Manhattan, the two brothers talked shop after work. How the conversation evolved nobody remembered. Spontaneously, though, the idea of a real estate publication covering the industry as a community was the center of their attention.
The publication, where Al worked, came out every other week.
After a few drinks and a lot of talk, they had decided to form a partnership, Hagedorn Publishing, and put out a newspaper, calling it symbolically, Real Estate Weekly. Al would be the publisher and concentrate on sales, while Charles would oversee the editorial department.
I've worked in the vineyards of the family business now for 36 years, taking over from Al as publisher of REW n. 1. A row. in 1996 after he died. I also recognize that I will never truly replace Al in the real estate industry.
From the beginning of REW, Al was everywhere. There were not many functions that he did not attend during his tenure as publisher. He was literally everywhere, spreading good will and promoting his publication. Al's wife, Barbara, was his constant companion at these functions and became nearly as well known in the industry.
People often approach me today, saying how much they appreciated Al Hagedorn, not infrequently in·fre·quent
1. Not occurring regularly; occasional or rare: an infrequent guest.
2. confusing con·fuse
v. con·fused, con·fus·ing, con·fus·es
a. To cause to be unable to think with clarity or act with intelligence or understanding; throw off.
b. me as Al's son, and I never correct them. I find it the ultimate compliment Not to be confused with Complement.
Compliment may be
The history of REW has seen perhaps one of the greatest transformations in the publishing industry. Publishing took a giant leap forward in the 15th century when Gutenberg invented moveable type and produced his Bible, and from then until Ottmar Mergenthaler invented a linotype machine in 1886 much was unchanged.
The text of REW was first produced by a Mergenthaler linotype, and since then things have changed. Hey, computers rule!
The real estate industry has changed as much as the processes of publishing. Women who were relegated to support functions in the 1950s have become a force within the industry today; buildings are now selling for hundreds of multiples of what they did 50 years ago.
While many things have changed, one thing has not: We have held faithful to our founding mission.
We focus on the industry as a community; we serve our readers by distilling the news in concise, understandable articles; and we provide a product that has created a trusted and respected environment for advertisers.
Newspaper publishing only succeeds when there is a binding trust with readers. Over the years, Real Estate Weekly has strived to provide a quality product that is respected as good journalism. We are gratified grat·i·fy
tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies
1. To please or satisfy: His achievement gratified his father. See Synonyms at please.
2. by the thousands upon thousands of persons who renew their subscriptions each year. They give us, in essence, a vote of confidence that we must be doing something right.
Our community, including New York City New York City: see New York, city.
New York City
City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , New Jersey, Long Island, Westchester and Connecticut, is arguably ar·gu·a·ble
1. Open to argument: an arguable question, still unresolved.
2. That can be argued plausibly; defensible in argument: three arguable points of law. the real estate capital of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , if not the world. It's a community that supports charities; it gives back to the region in hundreds of millions of dollars each year; and creates a tax base like no other. The commercial and residential real estate community is an extended family, as we have learned and those involved know.
This commemorative com·mem·o·ra·tive
Honoring or preserving the memory of another.
Something that honors or preserves the memory of another.
com·mem edition intends to pay tribute to people who make the real estate industry work. The over 300 people recognized in these pages have distinguished themselves, and we honor them.
We are thankful thank·ful
1. Aware and appreciative of a benefit; grateful.
2. Expressive of gratitude: a thankful smile. to the professionals and organizations that gave their time to compile To translate a program written in a high-level programming language into machine language. See compiler. people and families listed in these pages. Without them, this project could never have succeeded.
If Al and Charles were alive today, I hope they would be proud of our achievement. We've come a long way since the two brothers met in a gin mill that evening in Manhattan and came up with the idea that would become Real Estate Weekly.
I extend my thanks to our readers and advertisers for their continued support, for without them there would be no Real Estate Weekly in the vision of the founders some 50 years ago.