Word: manhattanization
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Houston's bargain-price land and labor have lured dozens of companies, including small steel mills, toolmakers and clothing manufacturers. The cost of office space, at $15 per sq. ft. (compared with $43 in Manhattan), is among the lowest in the U.S., and the median $69,000 price for a single-family home is about 30% below the U.S. average. At the same time, aggressive promotion has helped Houston keep its newcomers close to home. When fast-growing Compaq Computer hinted that it might pick another locale for a 4,000-worker plant expansion, community leaders assembled a $7.7 million...
...company will replace the Hoboken output by boosting production at its factory in Jacksonville. But residents of Manhattan at night, across the Hudson River, will miss the venerable red-and-white neon sign of Maxwell House, its trademark coffee cup spilling out the last drops...
...watches people spend and squander their leisure hours. In Elkhart, Ind., folks drive slowly up and down Main Street. In Los Angeles airheads make the club scene. In Baltimore an octogenarian goes to her weekly polka dance; she has not missed one in nearly 30 years. A Manhattan socialite lends credence to the belief that the wrong people have money: "I'm always out in the country riding my horse and so forth on the weekends, and even if I weren't I can't imagine who would be around to invite for a Saturday party." Every now and then...
Last week Metrocorp's Manhattan, inc., which won a 1985 National Magazine Award for general excellence and critical acclaim for its lacerating exposes of the New York City business community, announced that its July issue would be the last. The magazine and its top editor will be subsumed by Fairchild Publications' M, a clothes-conscious men's periodical. The new title: M inc. Manhattan, inc. lost more than $8 million over six years, says publisher D. Herbert Lipson. Its ad base was crippled when New York's financial and real estate markets went dry. The 1987 stock-market crash stole...
...sassy new music called minimalism burst out of the lofts of Manhattan's SoHo district and marched smartly uptown to the Metropolitan Opera House. Part rock, part raga, part dreamscape and part photo-realism, the minimalist ethos was distilled by composer Philip Glass and theater artist Robert Wilson in a 4 1/2-hour operatic extravaganza called Einstein on the Beach. The sung text consisted solely of numbers and the syllables do, re, mi, etc., while the music was built from a series of simple phrases, insistently repeated. The effect was either riveting or maddening, depending on one's point of view...