Word: manhattanization
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EVERY NIGHT BUT SUNDAY, when the stage inside is dark, the street fronting Broadway's Martin Beck Theater is a honking gridlock of limousines -- a shimmering illusion of Manhattan privilege come to life on pavements only steps away from the domain of panhandlers, pickpockets and prostitutes. There is no more characteristic New York City phenomenon than a Broadway hit in the early days of its run, when popular impact is measured by the number of people who are conscious that they haven't seen it yet. In all Broadway history, no hit has been more distinctively New Yorkish than...
FROM THE CLASSY WORLD FINANCIAL CENTER IN Manhattan to the 71-acre Canary Wharf office complex in London, Olympia & York has changed the face of some of the world's great cities. But last week the biggest builder on earth sought shelter in bankruptcy court in Toronto and New York City after its owners, Canada's secretive Reichmann brothers, struggled vainly for months to restructure $12 billion of debt. While the action marked one of the largest real estate bankruptcies ever, it covered only a portion of Olympia & York's vast holdings -- including its 72-story Toronto headquarters...
...AMERICAN BALLET THEATER'S PROduction (Romeo and Juliet) was lovely, the music (Prokofiev) splendid, and the principal dancers (Laurent Hilaire and Sylvie Guillem) enchanting. But the roiling applause at Manhattan's Metropolitan Opera House went mainly to the man who was making his U.S. debut in the orchestra pit, RUDOLF NUREYEV. Now 54, the century's most celebrated male dancer has got a leg up on a new career as a conductor. Admirers who feared that he could not achieve so radical a transition without embarrassment may rest easy. Nureyev, who started conducting both ballet and stage performances with considerable...
...solving the problems of people unlike themselves in the dimly remembered cities. It is also more tempting for them to dump their own problems there. Until last summer, Westchester County, a prosperous suburb of New York City, was exporting some of its homeless to a hotel in midtown Manhattan. Five years ago, the sewage-treatment plant in the bedraggled New Jersey city of Camden % began taking on sewage waste from every other community in the county. To protest the stench, residents stopped paying their annual $275 sewer fees. Last week the sewer authority halved the charge, but the plant...
...durable journalism. From his eyewitness report of the fall of Saigon for TIME in 1975 to his expose of the Mafia's top bosses for FORTUNE in 1986 and an extraordinary account in PEOPLE in 1990 of two weeks spent as a homeless wanderer on the streets of Manhattan, his stories have established Roy as a master reporter, one of the few at the very top of the profession who are both unstoppable investigators and caring chroniclers of the human condition. This week's cover story on the bombing of Pan Am Flight 103 -- the fruit of a five-month...