Word: manhattanization
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...Detroit and New York during the 1970s are now losing them to less expensive climes. Says Miles Friedman, executive director of the National Association of State Development Agencies: "They'll go out the back door as fast as they came in the front." United Parcel Service, which moved from Manhattan to Greenwich, Conn., in 1975, announced two weeks ago that it will ship its 1,000-worker headquarters to Atlanta. UPS also considered Baltimore, Dallas and Cincinnati, then chose Atlanta, in part on the basis of cheaper housing ($68,000 for a median-priced single-family home...
Millionaires in jeans is the stuff of ordinary boomtowns. But not every boomtown has the Mouse as its Medici. When the $5.8 billion Walt Disney organization established itself near Orlando, it settled on a 43-sq.-mi. property (twice the area of Manhattan) and won from the Florida legislature a sovereignty often compared to the Vatican's. Above all, it brought to Orlando the power of the Disney ethos, which can never be overstated. Executives have traveled to the park to learn about the Disney style of management, which trains employees to cherish Walt, despise stray gum wrappers, follow...
Louis Begley, a Manhattan lawyer, was a young boy in eastern Poland when World War II broke out. In a remarkable, elegiac novel that surely is mostly memoir, he walks the poisoned ground. His narrator, Maciek, is the son of a prosperous Jewish doctor. Maciek's mother died in childbirth, but a large, protective family surrounds him: grandparents, servants, neighbors, a nursemaid named Zosia and a beautiful aunt, Tania. But solidity melts away as the war and the Jew hunting begin. Maciek's father is evacuated by Russian troops. Tania becomes the mistress of a German officer. She and Maciek...
...haven't seen enough to say it's a trend but I have noticed that financial aid packages have tended to differ more this year from one college to another. There's been a little more variance," said Kalman A. Chany, founder and president of Campus Consultants Inc., a Manhattan-based firm that guides parents and students through the admissions and aid process...
...market is in a tailspin, but no one would know it from the attention lavished on one item auctioned in Manhattan last week. Objet-Dard, a 1962 Marcel Duchamp bronze casting owned by the estate of the late graffiti artist Keith Haring, was listed in the Christie's catalog at a cautiously low estimate of $8,000 to $10,000. (The title of the frankly phallic piece is a pun on objet d'art, substituting the French word for dart.) In a matter of seconds, bids for the 8-in. work soared into six figures in a battle between...