Word: manhattanization
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...billion into the banking system Monday. Earlier, E. Gerald Corrigan, president of the New York Federal Reserve Bank, urged officials in Japan and West Germany to support the U.S. dollar to help restore confidence in American markets. "The U.S. had excellent crisis management this time," said Heiko Thieme, the Manhattan-based chief strategist for West Germany's Deutsche Bank...
...generation of fierce reformers and a new brigade of muckraking reporters, like Lincoln Steffens and Ida Tarbell. It was Jacob A. Riis, a New York City newspaper photographer working the police beat, who first recognized how photography could be enlisted in the cause. His job frequently took him through Manhattan's most wretched and dangerous districts, places that the Danish-born Riis knew well from the desperate years after he had arrived in the U.S. in 1870, when he had slept in doorways and picked his dinner from trash bins. In 1887 he came back with a camera...
...Mysterious Bookshop (20,000; New York City). The biggest mystery is how this unassuming little Manhattan shop managed to sell $1 million worth of crime and detective fiction last year despite the presence, within easy walking distance, of five chain outlets. The solution: Mysterious carries hard-to-find whodunits that mystery buffs crave. Says customer Steve Ritterman: "There's much more depth here than in a regular bookstore -- authors you can't find elsewhere." Owner Otto Penzler concedes that he does not do smash business with best sellers by the likes of Robert Parker or Robert Ludlum. "B. Dalton...
...Manhattan has a dandy addition: Battery Park City. An airy enclave of walks, parks and performance spaces is a welcome escape from the gloomy canyons up north...
This is New York City? Right. Lower Manhattan. Battery Park City. At lunchtime, when the famous New York pace slows to idle, the "suits" from the World Financial Center loosen their ties and go down to the river to join couples, amazed tourists and mothers with strollers. On a sun-splashed October day, this new way-downtown nook hints of the Mediterranean...