Word: redevelopment
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Dates: during 1980-1989
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...neighborhood special is about to be denuded, the scores of small, old, higgledy-piggledy buildings replaced by a dozen shiny towers. Two weeks ago, the state gave approval to leases for four big, bulky skyscrapers designed by Philip Johnson and John Burgee, part of a $2.6 billion plan to redevelop 42nd Street. A few blocks away, on the northern side of Times Square, demolition is nearly complete on half a dozen other high-rise sites. Says Vincent Tese, the head of New York State's Urban Development Corporation and the man in charge of the ambitious plan: "The dream...
Cambridge's only Young Men's Christian Association (YMCA) will sell off about half of the space it has occupied for the past 92 years next month and plans to redevelop the remainder in an attempt to provide better subsidized housing and recreational facilities for the Central Square neighborhood...
Wright also earned more than $30,000 in 1986 from an investment partnership with George Mallick, another longtime supporter. Mallick was one of the principals in a project to redevelop Fort Worth's stockyards that could have received a large chunk of $30 million in federal appropriations earmarked for the area by Wright. One of Mallick's businesses paid Wright's wife Betty a $1,500 monthly consultant's fee for at least three years, and the Wrights regularly stay in a Mallick-owned apartment in Fort Worth. Wright insists his support for the project was justified. "My interest...
...Chinese patriots have been searching for [national] wealth and power, and seeking to redevelop their country" since the end of Western and Japanese imperialism earlier this century, said Professor of Government Roderick MacFarquhar. "Today's changes in China are a variation of [that search for] wealth and power...
Community groups have joined master-planner Logue in his efforts to redevelop the South Bronx. On Kelly Street in the southeastern part of the area, a group called the Banana-Kelly Community Improvement Association has renovated five vacant buildings with CETA workers and "urban homesteaders." The homesteaders used their own labor as equity in financing the purchase of an apartment they rehabilitated. In one of the worst areas of the South Bronx, on 168th Street and Washington Avenue, another homesteading group, the People's Development Corporation, has rennovated five other tenements. Their remodeled buildings sport solar energy panels, greenhouses, storm...