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Though most apartments are being converted to condominiums, cooperatives traditionally have been much more popular in New York City. In a fairly typical example for that city, a couple bought a seven-room co-op on Manhattan's Upper West Side for $16,000 when the building was converted five years ago; last summer they sold it for $75,000. From 1974 to 1978, the average price per room in New York City luxury buildings jumped from $11,000 to $19,000. In that four-year period, the number of applications filed with New York officials to convert apartment...

Author: /time Magazine | Title: Business: Big Switch to Condos and Co-Ops | 3/5/1979 | See Source »

...Bicentennial Man. For those who prefer Asimov's other talents, there are such tours de force as an introduction to binary numbers; an explanation, in language that even Dick and Jane can follow, of why it is possible (but not practical) to reverse the basic nuclear reaction and convert energy into matter; some witty Asimovian annotations on Shakespeare, the Bible and the poetry of Rudyard Kipling and Lord Byron; as lagniappe, he throws in a few limericks of the type An ability to dramatize. that family magazines do not reprint...

Author: /time Magazine | Title: Books: What Makes Isaac Write? | 2/26/1979 | See Source »

...pull things off the tax rolls as a tax dodge," Robert Silberman, vice president for property management at Harvard Real Estate Corporation said yesterday. "If we convert something, it is because the University perceives a real need for it," he added...

Author: By William E. Mckibben, | Title: Vellucci Requests University Keep Property on Tax Rolls | 2/22/1979 | See Source »

...proposals also include provisions allowing landlords to convert their apartments to condominiums if 35 per cent of their tenants want to buy their apartments or if the city vacancy rate climbs above 4 per cent. This change should decrease "condo-conversion," City Councilor Mary Ellen Preusser said yesterday...

Author: By Elizabeth H. Wiltshire, | Title: Committee May Sanction Rent Hikes in Cambridge | 2/20/1979 | See Source »

...Delgado offered five proposals: 1) laws forcing proselytizers always to identify their organizations; 2) a required "cooling-off period" before deciding whether to convert; 3) spiritual "living wills" to forestall future conversion; 4) licensing of high-pressure recruiters; and 5) as a last resort, court-ordered psychiatry for converts...

Author: /time Magazine | Title: Religion: Cult Wars on Capitol Hill | 2/19/1979 | See Source »

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