|Rice University once was
of The House That Ruth Built
After '62, Yanks never won a pennant during Rice's
tenure of ownership
Rice has become the owner of an interesting collection
of real estate holdings, over the years--a result of donations from alumni and other
supporters. Among the property at one time owned by Rice include the land upon which the
Johnson Space Center stands, and a sundry assortment of mansions owned by wealthy,
eccentric Rice benefactors. None of them was more distinctive, or unusual, than The
House that Ruth Built. Yes, amazingly, Rice once owned it.
The Institute had acquired the venue from 1927 alumnus John Cox,
who had acquired all of the capital stock of the stadium holding company in 1955. In 1962,
Cox donated it to his alma mater, claiming it was theirs to have and hold, "lock,
stock and barrel." Actually, Rice was in an unlikely partnership with the
Knights of Columbus in that regard, because, while the Institute owned the stadium itself,
the Knights owned the real estate underneath it.
In 1962, the Rice tenant won its second, consecutive World Series.
Rice held onto the property after that for nine years--during which time the Yankees
never again won a pennant; never played in a World Series. (Was there some kind of
Rice Sports Jinx at work there?) The City of New York acquired the property by
eminent domain in 1971, prior to the major remodeling job that was put into the
stadium. Rice readily acquiesced, to the tune of a $2.5 million condemnation
fee. For the Institute, apparently, owning Rice Stadium was stadium enough.
For details, see:
House that Ruth Built--the House that Rice owned
(The Rice Thresher)
History of Yankee
tour of Yankee Stadium