U. of Pennsylvania dropout started buying commercial real estate in San Francisco after being discharged from military 1946. Onetime owner of 20% of city's office space started selling after tech bubble burst. Today owns more than 29 million square feet across the U.S. In discussions with billionaire Thomas Steyer's Farallon Capital to build a $700 million cruise ship terminal and office park on the San Francisco waterfront. Son, Douglas, runs property investment funds. Daughter, Carol, has won five Tonys as a Broadway producer.