Word: kanyon
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...Istanbul last June just to take in the scene, he started in Nisantasi?known as the Beverly Hills of the city?checking out the fashion group Beymen's premier store. Most of the Fendi bags were sold out or back-ordered on waiting lists. Next, he headed to Kanyon, an architecturally splendid new development comprising living, working and shopping areas with sweeping, cantilevered elevations, broad thoroughfares and intriguing side streets...
...Kanyon's anchor store is the just-opened Harvey Nichols?the 10th branch of the London landmark?where Fendi's in-store boutique sits alongside those of Balenciaga, Luella, Sergio Rossi, Marc Jacobs and Ralph Lauren. What's striking is how attractive the store is, with hand-blown glass orbs suspended above the cosmetics counters, walls of black tiles studded with Swarovski crystals and floors of glittering mosaics. Fine Turkish workmanship is also evident in the personal-shopping suites, which include opulent sitting rooms, changing rooms and even shower rooms where customers can buy, bathe and have their makeup done...
Ozdem Gursel, 35, a partner in Tabanlioglu, a local architectual firm that collaborated on the development of Kanyon, says her firm's workload has soared to include a number of loft-style living spaces as Turkey heads toward a Western mortgage system. (In the past, economic instability meant the only people who could buy homes were those with up-front cash.) "We have an expression here which means 'Work like a donkey, live like a person,'" says Gursel. "Turks are like the Spanish; we eat late, we stay up late and we start early the next...
...looking for "sexy deals," according to Muzaffer Yildirim, co-founder of a deluxe movie chain, Mars Entertainment Group, in which U.S. private international investment firm Colony Capital recently acquired a sizable stake. "It's very recent that direct investment came into Turkey," explains Markus Lehto, the managing director of Kanyon, who is well qualified to comment, given that he was formerly an investment banker in New York. "It was less than $1 billion two years ago and will be $15 billion this year and probably up to $25 billion next year...
...trials continued, the leader of the coup, Master Sergeant Samuel Kanyon Doe, 28, was settling in as head of state. Each day began with a flurry of announcements. He decreed, for example, that all members of the national football team would go on the government payroll, and that the date of the coup, April 12, would thenceforth be known as National Redemption Day. At week's end he imposed martial law. Several times a day he roared out of the executive mansion in his Mercedes limousine to visit schools, markets and other gathering places. Wherever he went, thousands...
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