Word: payment
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...York Times have run stories about the mismanagement of federal home improvement grants, the purchase of a $250,000 town house by two top White assistants for $1 in 1981, the activities of a fundraising committee formed six months after the aborted birthday party, a $10,3000 payment by the mayor's campaign committee to renovate his Beacon Hill townhouse, and the cashing of retirement and disability pension checks mailed to at least 12 dead city employees...
...magazine from Vincent Astor's estate. "All he had was a personal check," reported Elliott. "He said later he had never written a check for that amount of money and didn't know if he should put zero zero cents after the 2 million" for the down payment. Speculation was that Mrs. Graham spent that much again to say Happy Birthday, Newsweek...
...announced that Delta Air Lines will lease 33 new 737-200s for 15 years; that will ensure that Boeing can keep production lines warm and the work force in place until orders spring back, and it will enable Delta to start battling those bumblebees more effectively. As part payment, Boeing will take eleven of Delta's surplus Lockheed TriStar wide bodies and try to resell them overseas...
...cluster of five glass towers, a 32-acre complex aimed at reviving the city's decaying downtown area. Now Ren Cen stands as a symbol of hard times. The center defaulted last week on its mortgage debt of more than $200 million by failing to make a scheduled payment of $10 million...
...hotel and four 39-story office buildings. Since it opened in 1977, the center has lost $140 million, prompting the Detroit Free Press to call it "perhaps the country's largest white elephant." Ren Cen first fell behind on its mortgage in 1980, but managed to renegotiate its payment schedule. Nonetheless, as unemployment in Detroit surged, the center remained in the red. Some 40% of its space for retail stores is empty; 95% of its office area is occupied, but only at deeply discounted rents...