Word: hotelling
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...enclave of posh summer retreats in the 19th century, the neighborhood hosted luminaries like Langston Hughes and W.E.B. Du Bois during its renaissance in the 1920s and '30s. Billie Holiday performed at the Apollo, and Fidel Castro stayed at the Hotel Theresa. In later decades, Harlem withered as soaring crime rates made it a symbol of urban blight. But since the 1990s, as Manhattan real estate prices have skyrocketed, the district's legacy and its perch atop Central Park have enticed real estate developers searching for the next up-and-coming neighborhood. The rezoning augurs wholesale changes, including luxury office...
Last week, W. Hugo Van Vuuren ’07 was dining at Ghana’s most expensive hotel, its lushness visible—until the lights went off. A humorous moment in retrospect, this is the reality in many parts of Africa, where even the continent’s most developed countries have consistent problems with lighting. Twenty-six percent of Africa’s population does not have access to electricity. Fortuitously, Van Vuuren was eating among the winners of the World Bank’s Lighting Africa Competition 2008. He is a member of a team...
Many of them did know Obama's black inner circle, however. Nesbitt was close to Penny Pritzker of the Hyatt hotel clan, who had helped finance Nesbitt's airport-parking company. Riding home together from a board meeting in 2002, Nesbitt mentioned Obama's Senate plans and asked her to lend a hand. She was initially skeptical--"Didn't he just lose a congressional race to Bobby Rush?" she asked--but agreed to hear Obama out. She invited Obama to her Michigan summer home for a weekend. He won her over, landing on his finance committee a Pritzker whose Rolodex...
...record 31,000 people from 50 countries made the pilgrimage to Omaha, Neb., this year, snapping up every hotel room within an hour's drive, all to spend three days in the orbit of the native son whose investing prowess has turned him into the world's richest man--and who has taken his shareholders along for the very lucrative ride. Attendees shopped at Berkshire-owned companies (Borsheim's Fine Jewelry, Nebraska Furniture Mart); ate where Buffett likes to eat (Gorat's Steak House); tried to beat him at bridge (they didn't); and spent five hours grilling...
...Regent Street Apple Store in London. “It would have to be five stories of public retail space,” Allen said. “I don’t see how it could be the largest.” Construction workers on the Mandarin Hotel, opening this summer across the street, said they did not believe the store could open on time. Officials at Apple declined to comment. Workers on-site declined to comment. —Staff writer Alexander R. Konrad can be reached at akonrad@fas.harvard.edu