1961: Purchases Foxleigh Nursing Home in Reisterstown, Maryland, and builds an assisted living business that eventually goes public on the American Stock Exchange.
1961: Purchases 22 acres in Owings Mills and opens The Valley Drive-In Movie Theater, which later becomes Valley Centre Shopping Center.
1962-64: Yorkridge Shopping Center opens, anchored by A&P Grocery Store and Maryland’s first multi-screen movie theater Yorkridge I and Yorkridge II, with a combined 1300 seats.
1964: The 7-East Movie Theater opens, The World Fare to cinemas and newest film exhibition concept – the “mini” movie theater, and the company’s fourth Art House Theater is born.
1969: “Wagonheim vs. Maryland State Board of Censors” goes to the Supreme Court of the United States, and denies The World Fare Cinemas contract to exhibit the controversial Swedish film “I am Curious (Yellow)” at The 7 East. Mr. Wagonheim and Mr. Schwaber asserted freedom of speech rights since the film was playing in New York, Philadelphia and Washington DC’s art-house cinemas, in its entirety. The Swedish film never plays in Maryland in its entirety. The Supreme Court votes 4 to 4 with one abstention and The Swedish film never plays in its entirety in Maryland. The World Fare Cinemas never exhibits the film and a decade later, the Maryland Censor Board is disbanded.