Bill Levitt’s father Abraham, the Levitt of Levitt & Sons, was born on July 1, 1880
in Brooklyn, New York. At the age of 10, Abraham quit school but never quit
learning. He was an avid reeader with a passion for philosophy and gardening. His
love of the beauty of flowers and gardens was later reflected in Abraham’s
self-appointed role as the landscaper of Levittown. At the age of 20 he resumed his
formal education at New York University Law School. He eaned his law degree in
1902, specializing in real estate law. Abraham’s abilities as a facilitaator of land
acquisitions by building contractors would lead him to create Levitt & Sons. His
oldest son, William, would be the president of the company; his youngest son,
Alfred, would be the designer of the homes.
William Jaird Levitt, president of Levitt & sons, was born on February 11, 1907.
He was educated in the New York Public Schools. He entered New York
University but quit in his third year, at the age of 19. Bill Levitt was ready to pursue
his life long goal of making and spending a lot of money.
Bill’s opportunity came in the late 1920’s when his father Abraham was forced to
take control of 40 unfinished houses on a tract of land bankrolled by the older Levitt.
Abraham convinced Bill and his younger brother Alfred to team up to complete the
contruction job. Working with existing construction crews the Levitt sons learned the
building business on the job. The 40 houses were quickly completed and sold.
This success inspired Abraham to incorporate Levitt & Sons. Bill Leitt, now 22
years old, was made president. He was in charge of everything but design. Younger
brother Alfred, now 17 years old, was made vice president and designer of Levitt
homes.
In the midst of the Great Depression Levitt & Sons had great success building
housing in exclusive neghborhoods of northern Long Island. They know that the
upscale market would be able to afford new luxurious housing in spite of the
Depression.
During World War II, as an officer in a Navy Seabees construction unit, Lieutenant
Bill Levitt applied what he learned about mass-producing housing. When the war
was over Levitt & Sons was ready to make money in the new market of building
low cost quatlity housing backed by federal credit.
The site chosen for the first Levittown was Hempstead, Long Island. After
completing the 6,000-homeLevittown development in New York, Levitt & sons
moved their operation to our area of Bucks County Pennsylvania in 1952. We are
close to Trenton, New Jersey and Philadelphia, Pennsylvania. When Levittown
Pennsylvania’s more than 17,000 homes were completed in 1958, Bill Levitt began
working on the third Levittown, a 12,000 home project in Willingboro, New Jersey.
In 1954 the Levit brothers, Bill and Alfred, parted company. In the 1960’s Bill
continued to have success in smaller building projects in Washington, D.C., Chicago,
and in France. After the comnpletion of a 12,000 home community in San Juan,
Puerto Rico, Bill Levitt sold the ocmpany to International Telephone & Telegraph
Corporation for a personal gain of over $60 million. He met his goal. He was very
wealthy. Although later financial reverses erodedhis fortune, his legacy as the most
successful creator of mass-produced, qualtiym, low cost housing lives on.