8020
Kratter 's ranch went bankrupt in 1949 and he moved back to New York City , where he became one of the first to practice real estate syndication .
 person: Kratter; location: New York City
Please list all entity words in the text that fit the category.Output format is "type1: word1; type2: word2". 
Option: location, person, organization 
Text: {0} 
Answer:
 person: Kratter; location: New York City