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DENVER-The Rifkin family, which is best known as having built afortune in the cable TV business, has quietly shifted their effortto real estate development in recent years. Monroe Rifkin was acable TV pioneer who founded American Television &Communications in 1972, which grew into one of the nation's largestcable TV companies before selling it to Time Inc. in 1978. Hestayed on as CEO for several years, but completely left the cableTV business five years ago.

Since then, his sons Bruce and Stuart, have been silent partnerson developments. They worked with the well-known Gart family inDenver on the WaterTower lofts near Coors Field and are in theprocess of converting a ski-in, ski-out hotel at the base ofCrested Butte Mountain into condominiums. They also developed atownhome development near the Country Club neighborhood in KansasCity, MO, with Denver developer Don MacKenzie.