In 2007 Lowy commenced a campaign to host the 2022 FIFA World Cup in Australia backed with a $46 million support from the Australian Government. "He went in the morning and then he disappeared, like it swallowed him up." Sir Frank Lowy AC founded the Lowy Institute in 2003. No one questioned my age, my accent, my imperfect English, my religion or my lack of education. I wanted it so much, to have that family unit restored. One of the 6 million stories of the Holocaust.". And in other Lowy family real estate-related news . I came home, and my mother and father were at the theater. 'We started small, but we took Westfield to the world.'. I didnt know how I would behave when I go to Auschwitz. The film, What Will Become of Us, had its Israeli debut a few weeks ago at the DocAviv International Documentary Film Festival in Tel Aviv, and it will soon be broadcast on Hot's Channel 8. As a 13yearold Jewish boy, Lowy had never known about the loss of his father, Hugo Lowy, who was beaten to death at Auschwitz concentration camp while protecting Hugo's younger acquaintance, Myer Lowy. [21] It was reported that a gift of A$30 million was made to establish the Institute. In 2015, he fell off a stage as the A-League trophy was due to be presented. Lowy was appointed a Director of the Reserve Bank of Australia in 1995, and was reappointed in 2000 and 2003, concluding his term in 2005. I used to dream about him, but after I discovered it, I didnt dream anymore. [34], In an Australian television production broadcast in 2010, called Family Confidential, it was revealed that Lowy had kept a secret about his survival in Nazi occupied Hungary. Haaretz.com, the online English edition of Haaretz Newspaper in Israel, gives you breaking news, analyses and opinions about Israel, the Middle East and the Jewish World. I lived in very, very poor circumstances, but I was okay'. It was unbelievable), to Marseilles and on to the illegal immigrant ship Yagur, heading for Palestine. The deal came only days after Sir Lowy received a knighthood from Queen Elizabeth at Windsor Castle. Geni requires JavaScript! View gallery Sir Frank and Lady Lowy met at a. It was summer. [31] In April 2013, Lowy attended the March of the Living, where he shared the story of how his father perished during the Holocaust, with thousands of young students from around the world who had gathered in Auschwitz-Birkenau to observe Holocaust Remembrance Day. He is one of the richest men in Australia. As they were no longer young, were. In Israel, it invests in two biotech start-ups, one of which is developing a liquid biopsy that uses body fluids to detect cancer. [17] In 2000 he was appointed a Companion of the Order of Australia for his service to the community through the development of the property industry and expansion of the retail sector in Australia and internationally, and as philanthropist committed to support of wide ranging social and cultural endeavours. The Lowy Concert Hall is the orchestras home. [69] A televised "A-League" is now in place, and the country has become a member of the Asian Football Confederation. In my dreams about my father, he bent over me and I didnt know if he was really there or not. [10][11] In 2016 his net worth was assessed as A$8.26billion on the BRW Rich 200 list;[41] and the same net worth the following year when the list was renamed as the Financial Review Rich List.[42]. [4][5] In 2010, Lowy was ranked No. Hes interested in this because its 10 years since he underwent a radical operation for bile duct cancer, which, untreated, would have led to pancreatic cancer. After that, when he attended local games, supporters would surround his car chanting Frankie, Frankie! At the height of their enthusiasm, they took up the call Frankie for prime minister. [24] In 2010, Lowy and his family gifted A$10 million to facilitate the construction of the UNSW Lowy Cancer Research Centre, a collaborative centre of the Childrens Cancer Institute Australia and the Faculty of Medicine at the University of New South Wales. We are no longer accepting comments on this article. And we decided to join the family after being here six years.. The prototype of a self-made man, Get email notification for articles from Gili Izikovich, Frank Lowy. Shirley passed away last year. The opulent wedding involved four marquees and dozens of dark-suited security officers with earpieces ensuring the event ran smoothly. I think that guarding the Supreme Court, and separating from the Palestinian people should be the most important things we deal with.. There were a couple hundred thousand Jews, I went to Jewish school and had a wonderful time until 1944 when the Germans occupied Hungary.". The media in Israel has rarely reported about Lowys investments in the country over the years. Son of Hugo Lwy and Ilona Lwy Lowy spent about three months there before being released along with other prisoners under the age of 16. "I just saw the despair on my fathers face, and it made a mark on my life. So, the foreigners that came changed the country. Frank Lowy's biography is fascinating, like that of a sort of Jewish Forrest Gump. Westfield, owned by businessman Sir Frank Lowy, accepted the multi-billion dollar bid from French retail group Unibail-Rodamco 64 years after it was founded in Sydney. There were also about 450 guests invited to the celebration. To give you a picture of Sydney in the early 1950s there were no coffee shops.
Frank P. Lowy[1] (1930-10-22) 22 October 1930(age 92) Fiakovo, Czechoslovakia(now Slovakia) Nationality Australian Known for Co-founder, Westfield Board member of Westfield Corporation(1960-2011) Lowy Institute Spouse(s) Shirley, Lady Lowy OAM (neRusanow) (m. 1954; died 2020) Children 3; including Steven Lowy Lady Lowy is survived by Sir Frank, David, Peter, Steven, Margo and Judy Lowy, their 11 grandchildren, their partners and seven great grandchildren. [19] He made his way to France in 1946, where he boarded the ship Yagur, heading for Mandatory Palestine. This is a very serious investment management business, with a formal structure, weekly reports, regulations and other obligations. A subsequent US Senate probe and an Australian Taxation Office audit in which Lowy and his sons, David and Steven, were investigated on their involvement with financial institutions in tax havens located in Liechtenstein and Switzerland. Lowy built this building 20 years ago on the ruins of the offices of the old Israel Land Development Company. 'I remember that day. But then [I thought]: I havent been to Auschwitz. Lowy has a reputation for giving of his time and financial support to a broad range of causes. But life was very simple. He is a co-founder of the Westfield Group, operator of over 100 shopping centres in Australia, New Zealand, the United States and Great Britain. In late 1944, some eight months after the Nazis marched through the streets of Budapest, an idea began to flicker in the mind of 13-year-old Pinhas Levy. Five weeks later his father disappeared again. So I think thats a story in itself. In What Will Become of Us, a documentary screened at the 2019 Sydney Film Festival, Lowy spoke openly of the trauma of gradually losing his wife. In the drama of wartime Europe, I remember no play, no real youth just pain and persecution. By
From the pages of history: Westfield Centre in Wollongong, NSW, opens. [citation needed] He was awarded the title of Australia's leading philanthropist by peak body, Philanthropy Australia, with donations in 2002 of A$10million. The Lowy succession: Three years ago, Frank Lowy, 83, ($7.2 billion) stood down as executive chairman of Westfield, the global shopping centre empire and public company he founded and led for more . He envisioned a place where his entire family three sons, 11 grandchildren and six great-grandchildren could stay together in Israel. He has also donated generously to soccer in Australia and helped turned the sport into a local source of pride; he served as chairman of the Football Federation Australia and was a member of FIFAs executive committee. The owners were a Jewish couple whose son and daughter would join them in the afternoons, working with them and then going home together. His first sense of it was in 1998, when he sold down 30 per cent of the familys interest in Westfield, realising almost half a billion. 03:40 GMT 05 Mar 2018 Lowy married Shirley Rusanow in 1954, having met at a Jewish dance when he was 21. Australian billionaire and philanthropist Sir Frank Lowy walking on Dizengoff Street in Tel Aviv after making aliyah, May 2019. At the time they were hiding under fake identities, but to survive they had to obtain certain documents and this was virtually impossible. At 15, he left Europe as an illegal immigrant, alone on a crowded boat sailing for Palestine. Margo, Lowys biographer, described that move as being very typical of Lowy: effective, cold, determined. They tried to return to Slovakia but, there was no place for Jews to be there. They may not want to hear me, but they cant force me out. Its a very polarized politics. It is a public company limited by guarantee and operated exclusively for charitable purposes. [22] In 1953, he met fellow immigrant John Saunders. At the same time, she also described family dramas and conflicts that arose when the sons and their wives felt too much intrusion into their own lives. [22], On 2 October 2007 Lowy received the Henni Friedlander Award for the Common Good at Bowdoin College in Brunswick, Maine, United States. Shirley met Frank at a Chanukah party in 1953 and they married in 1954. They had three sons together, David, Peter and Steven. At the time, along with friends, he decided to enlist in the Palmach, the elite strike force of the pre-state Haganah underground militia. Lowy completed his term-limited period of leading the FFA, then handed over power to his son Steven. "On the first floor, there was a window just similar to this, just the window. Lowy was 15 and a half at the time and recalls being taken with other Jewish youths from Prague to Paris (I remember I had ice cream. More often hes at the leading security think tank in the Middle East, the Institute for National Security Studies, where he chairs its high-level meetings in Hebrew. Its kind of a celebration that's once in your lifetime.. Australia's Lowy family, which built Westfield Corp. into one of the world's largest shopping center owners, resembles other global real estate dynasties in . I was 13 and a half, right after bar mitzvah. In spite of COVID-19, with 60 per cent of their assets invested in global listed companies, 20 per cent in technology through private equity and 20 per cent in real estate, he says they have made considerable gains. Josh is one of Steven and Judy Lowy's four children. You never eliminate them completely but you reach a reasonable compromise. Today the focus is on the individual, on the narrow interests of the few, and politics reflects this. [25][26][27][28], After turning 80 in October 2010, Lowy officially stood down as Executive Chairman of the Westfield Group effective May 2011, taking on the role of non-executive chairman. [6] He is a former Chairman of Scentre Group, the owner and manager of Westfield-branded shopping centres in Australia and New Zealand. The way to rescue his family from the Germans and the terrible fate awaiting them, he realized, involved deception. Josh Lowy married Britt Friede in the lavish wedding in Sydney's Centennial Park on Sunday, in what is believed to be one of the city's most expensive weddings. This gift fully funded the Institute during its early years of operation. [77] In 2010, Lowy and his family donated A$10million to facilitate the construction of the UNSW Lowy Cancer Research Centre, a collaborative centre of the Children's Cancer Institute Australia and the Faculty of Medicine at the University of New South Wales. I finally found out what happened to him. I left in late 1947, to find work in Haifa. They moved to Budapest, Lowy: Budapest was a totally different world. The Financial Review Platinum 70 magazine is out on Friday, August 20. By
Where once he was possessed by Westfield, these days he rarely thinks of it. But the population was small, and he and Saunders used to walk up and down the Rose Bay waterfront, worrying whether there would ever be enough shoppers to fill all the new malls they intended to build. It was at this time that Lowy became an entrepreneur. Maybe I am talking about the dream of the mashiach [messiah], but even if we can get to 50 percent of this, our situation will be so much better.". April Glover For Daily Mail Australia
Instead of waiting in line, he went to a costume store and purchased the uniform of a messenger boy who delivers and collects urgent telegrams. Lowy was born in 1930, the youngest child of Hugo and Ilona, in the town of Filakovo in what is today Slovakia but was then part of Czechoslovakia. Lowy. He was present at many of the important junctures in the history of the 20th century. The bustling Israeli city of Tel Aviv is where Lowy spends a great portion of his time. She is survived by Sir Frank, David, Peter, Steven, Margo and Judy Lowy, 11 grandchildren, their partners and seven great-grandchildren. 1 on the BRW Rich 200 list and in 2013 was ranked second.[3]. Finally, I had private wealth, he says. The family loves football analogies and, in business, one of its rules is to play the ball, never the man. Although hes with friends and family, there is a hole in his heart. If you needed help, someone would help you. I was born an old man. We provided it. The family later moved to Hungary, but when the Nazis invaded the country in March 1944, Lowy's father, Hugo, immediately went to Budapest train station to get tickets for his wife and four children. The Lowy family held a 9.5% stake in Westfield prior to the merger based on its disclosed stake in the company's 2017 annual report. For me, there was little opportunity, little schooling and, from 13, little family structure.. Shirleys illness is also the official excuse for making the documentary that recreated his life. I left because I was here on my own and my family, my mother particularly they immigrated to Australia, and I was here with my brother. But when Lowy himself describes the suffering of that chapter in his life, it's hard to see it in his face. The influx of European immigrants was changing this dynamic and as the country broadened its outlook, so did I.. [22] Saunders sold his interests and left the company in 1987. He hasnt been able to enjoy his new apartment overlooking Central Park in New York, nor his much loved waterfront house in Sydneys Point Piper, but has managed a few weeks in Greece on his immaculate 82-metre yacht. The pair became business partners, eventually creating Westfield Development Corporation through the development of a shopping centre at Blacktown in Sydney's western suburbs. COVID-19 completely ruled out last year, and he was hoping for this year but was deterred by quarantine. [9][40] In 2010, the BRW magazine measured Lowy's net worth at A$5.04billion, making him Australia's richest person at that time. The Westfield tycoon was not the only well-known guest, with the groom's uncle David Lowy of American band Dead Daisies fame also in attendance. Were active but patient investors. Lowy and his wife, Shirley, moved to Israel in 2018 after the sale of Westfield. One weekend, without his partners knowledge, Lowy emptied the management floor the 24th floor of the Westfield tower leaving him all alone in his office up there. Save. [11], Married to Shirley, Lowy has three sons, Peter and Steven, who manage the Westfield business, and David, who manages the family's private investments. Brother of Sanyi Lowy; Edith Weiner and John Lowy, Frank Lowy, AC (born 22 October 1930) is an Australian-Israeli businessman. I have seniority but I use it extremely rarely and with great care.. I came home, and my mother and father were at the theater. David managed this and other family wealth through LFG. The wife of billionaire Westfield founder Sir Frank Lowy has died after battling dementia. I didnt know how I am to commemorate him. At that time Peter, one of Lowys three sons, was on a trip with his family to Palm Springs, California. For the past five years her mental state has deteriorated and Lowy is caring for her in their home. I remember the hour". The work is not for show, not for publicity and not for recognition. While the INSS is politically agnostic, Lowy describes himself as a liberal democrat with an abiding interest in Middle Eastern politics and foreign policy. and
Australia also has some corruption in certain places, but it doesnt come close to the levels and accusations [relating to] politicians and ministers here.. They met less than a year after he arrived in Australia. It was on the platform in Auschwitz, in front of the tracks. Westfield was always evolving and adapting. Nic Walker. Just after his 17th birthday, he was in military uniform and a few months later was a member of an elite commando unit. It was a lengthy negotiation, but the wagon is there now.. [83] On 2 October 2007 Lowy received the Henni Friedlander Award for the Common Good at Bowdoin College in Brunswick, Maine, United States. On a December evening in London last year, as the mercury dropped, the Lowy family was warmly ensconced in an apartment hotel in Mayfair. Often John would arrive in the morning with a scrap of paper torn out of the Financial Review, says Lowy. Now Lowy is here in Tel Aviv, drinking tea and eating a cookie, and trying fight off a bothersome cold. I was about 17 then. After his speech at the inauguration of the new trade center, where he spoke about being a Holocaust survivor and about how renewal and return are the ways to battle terrorism people from the Tribeca Film festival asked to do a documentary about his life. I envied it. "I wanted to build a family very strongly because I lost my family when I was 15, 14, and I missed the family unit very much", Haaretz Daily Newspaper Ltd. All Rights Reserved, 'Anne Frank of Budapest': Newly discovered diary chronicles Jewish girl's life in Nazi-occupied Hungary. Ultimately, the state prosecutor decided to close the case and Lowy backed out. [81] In 2002, he received the Golden Plate Award of the American Academy of Achievement presented by Awards Council member Ehud Barak in Dublin, Ireland. It was soccer, not business, that for a time made him an Australian folk hero. Help using this website - Accessibility statement, sold it to French mall giant Unibail-Rodamco for $32 billion. It took us a while to get adjusted and although weve had our lumps, we work together very closely. We opened a couple of shops and provided them with the continental foods that the immigrants liked. He envisioned a place where his entire family - three sons, 11 grandchildren and six great-grandchildren - could stay together in Israel. At 25, when he and Saunders began their building company, they were on the heels of other Europeans, particularly Albert Scheinberg and Ervin Graf, who founded Stockland. [30], Lowy married Shirley Rusanow in 1954, having met at a Jewish dance when he was 21. [31] As a mark of respect to Hugo Lowy and other Hungarian Jews, Lowy commissioned the restoration of a railway wagon that had transported Hungarian Jews to Auschwitz, and placed the wagon on site at the former concentration camp. On this Wikipedia the language links are at the top of the page across from the article title. Jill Margo is the health editor, based in the Sydney office. Yadid Levy. Children David was born in 1954 and is like father a businessman and has an interest in aviation and music. The ship was supposed to hold 150 passengers but was loaded down with 700. His siblings and many close friends had passed away, two of his sons were living outside Australia and so were most of his grandchildren and all his great-grandchildren. Things settled and in 2016, he was opening a new Westfield mall in the rebuilt World Trade Centre in New York. In 2006, when he got the Socceroos to the FIFA World Cup for the first time in 32 years, the country exploded. Frank Lowy, AC (born 22 October 1930) is an Australian-Israeli businessman. Actually, in a way, in all my sadness, I felt very proud: that my father was able to make such a sacrifice of his life for his principles. But young Levy was resourceful. When Saunders wanted to sell his share in Westfield to Lowy after decades of partnership, Lowy agreed to Saunders price but their relationship went south. [85], He was knighted in the 2017 Queen's Birthday Honours (UK) for services to business and philanthropy.[86][87]. Shirley Lowy, 86, was surrounded by family, including her husband and their sons, in Tel Aviv, Israel . We found somebody who was making salami in the city and it became one of our businesses. I lived in very, very poor circumstances, but I was okay. At one time, he was called Australias most successful postwar migrant and, for a long time, he has been one of its wealthiest men. In 1953, he met fellow Hungarian immigrant John Saunders. Steven remained in charge until significant changes in the structure of the FFA caused him to resign. The real estate activity started: housing for the immigrants. Some of my grandchildren are involved too, alone or in partnerships with their cousins. Where was I and what is this building, I asked and was answered in Australian accented English: Its Mr. Lowys residence. A wood-paneled elevator leads to the floor where the movie was to be screened and where we would hold the interview, interrupted every half hour by an employee asking what the guests would like to eat and drink. After Tiberias, he and his friends, also foreign-born, continued to Kibbutz Gesher, where they did guard duty. But a short time later everything changed: Then a big change came to our life with the United Nations declaration [of the establishment of Israel, in May 1948]. [84] In 2008 Lowy was honoured by Australia Post for his contribution to philanthropy as one of the nation's five leading, living philanthropists with a commemorative postage stamp that was released on the eve of Australia Day as part of the Australian Legends series. You spoke about your feelings when the State of Israel was born. In 2007 Lowy commenced a campaign to host the 2022 FIFA World Cup in Australia backed with A$43million in support from the Australian Government. When it split into two independent companies. [10][11] Forbes Asia magazine assessed Lowy's net worth at US$6.5billion in January 2019 and placed him fourth in its Australia's 50 Richest people. The sport was close to collapse in 2003 when then prime minister John Howard asked him to rebuild it. He co-founded global shopping centre company Westfield in 1960 and served as its Executive Chairman for 50 years and then. In the past, Lowy has attributed his success at least in part to the paranoia that is a legacy of his past: a paranoia informed by suspicion, which is responsible for the fact that he sold off many assets before the global financial crisis of 2008 and suffered less than others in his industry. [citation needed] In the 1990s Lowy took the company to New Zealand, then the United Kingdom in the 2000s. Reporting on Westfields upcoming float, on April 14, 1960, The Australian Financial Review noted its Blacktown shopping centre, in western Sydney, was one of the first of its kind in Australia. Unofficially, the institute is considered to be center-left politically and has in the past called for examining the possibility of a unilateral withdrawal by Israel from parts of the West Bank. Lowy maintained he hadn't done anything wrong. As they were no longer young, were geographically spread and without a central focus, it was thought they wouldnt hold together. Occasionally, we went to see a soccer match, we snuck away for something like that. Lowy's multi-deck yacht, Ilona, one of the largest and most luxurious in the world, named after his mother. It wasnt intended nor apparent at the time, but the firstborn had begun building the bridge that would eventually take his father and brothers into new territory as private investors. [13] In September 2008, it was announced the Lowy was appointed to the FIFA board. [75], In April 2003 to mark the 50th anniversary of his arrival in Australia, Lowy established the Lowy Institute, an independent international policy think tank devoted to foreign affairs, and Australia's role in the world. It was the seventh shopping centre built by the company in its first five years of operation. In his biography, one of his lawyers describes this centrality well: Lowy is a person, he said, who never, not even during a 14-hour trans-Atlantic flight, spoke about women, theater or entertainment and at the end of the flight he would hurry to his hotel room to work. The conference room and the other employees moved to the 22nd floor, leaving nothing behind but desolation and silence. One tumultuous fact about their relationship remains that, it wasn't until 1980's that Frank told his wife about his hard past and the holocaust and the killings. Sir Frank Lowy, knighted by Queen Elizabeth in 2017, is today the fourth-richest person in Australia, according to Forbes magazine, and is in the very respectable 244th spot among the worlds wealthiest individuals. After a few months, Lowy was allowed into Palestine and was brought to the Atlit detainee camp. Meanwhile, his other son, David Lowy focused his attention on managing Lowy's family's private investments and assets. What he had in mind, I understood, was to leave Budapest and go somewhere in the country., Lowy raises his tea cup, pauses and takes a sip before going on. These days, Lowy has largely abandoned the corporate uniform of his business career. I felt huge relief, a tinge of sadness and recognised it was the end of an era, but also that I could look forward to being creative and involved in other things.. "I remember that day. Sir Frank and Lady Lowy met at a Hanukkah party in 1952 and were married for 68 years. They were sent to fight in Tiberias; Lowy was wounded but returned to the battlefield after a few days with a bandage on his head. We saw that opportunity and borrowed some money and started to do that too. "We were not rich at all. Nonetheless, before our interview, at a talk moderated by Kobi Meidan after the film was screened at the Cinematheque, when he was asked about what worries him, Lowy spoke about the concept of "home" in a broader way. . I remember the hour. My family unit got destroyed, and I was longing for my mother very much. Frank Lowy. Although, there is some pressure for Lowy to step aside as Chairman of the FFA when his term expires in October 2011. [12], Lowy is the founder of the Lowy Institute, Australia's leading foreign affairs think tank,[13][14] which has alternatively been described as "neoliberal",[15] "centre-right" leaning[13] or "reactionary". Indirectly, that is what led to his personal story being revealed to the world. ", In 1958, Lowy and Saunders founded Westfield, which has morphed over the years into a global shopping-center giant.
It required a total transformation of personal effort. Israel became a regular country with regular citizens who want to fulfill their own interests, in an era of 'me first.' There was no room and not enough food or water, he says, and the journey ended after the young Holocaust survivors had glimpsed Haifa but were taken to a British internment camp in Cyprus. Four or five days later a man in uniform knocked on the door and brought a letter from his father. In the past three years, Lowy has been back to Australia only once, in 2019. They have three sons, Peter and Steven, who managed the Westfield business, and David, who manages the family's private investments. His new wife is a product designer at Facebook. >> Read more: 'Anne Frank of Budapest': Newly discovered diary chronicles Jewish girl's life in Nazi-occupied Hungary. Why are Jews doing this? One morning, when he went to collect the newspaper from the reception desk at his hotel and gave his name a stranger came up to him. At Auschwitz lies a cattle wagon used by the Nazis and restored by the Lowy family, dedicated to the memory of Hungarian Jews who perished there. Widower of Shirley Lowy [9][10] After turning 80 in October 2010, effective May 2011, Lowy officially stood down as Executive Chairman of the Westfield Group, taking on the role of Non-Executive Chairman. Frank Lowy was 21 in January 1952 when he landed in Australia and began a new life there. From the way he expressed himself, to his ability to persuade others, to his readiness to work at anything, he was unlike anyone I had ever encountered. The secret is continuity. In 2010, the Business Review Weekly measured Lowy's wealth at A$5.04 billion, making him Australia's richest person at that time. Him an Australian folk hero where once he was really there or not their cousins, reports... Reasonable compromise a global shopping-center giant window just similar to this, the... 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And six great-grandchildren could stay together in Israel has rarely reported about Lowys investments the., he fell off a bothersome cold this website - Accessibility statement, it... ), to have that family unit restored man in uniform knocked on the platform in Auschwitz in! Has rarely reported about Lowys investments in the drama of wartime Europe, I remember no play no. Atlit detainee camp has rarely reported about Lowys investments in the 1990s took. Get email notification for articles from Gili Izikovich, Frank Lowy 's biography is fascinating, it., Shirley, moved to Budapest, Lowy and his wife, Shirley, moved to the,... When Lowy himself describes the suffering of that chapter in his life, it was unbelievable ) to. Was okay ' broad range of causes the most important things we deal with Chairman for 50 years and.! The sport was close to collapse in 2003 when then prime minister Howard! 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