Word: 57th
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Dates: during 1970-1979
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...twelve-story Manhattan building and real estate leases to Developer Donald Trump for $10 million. Allied Stores, a large retail chain, is negotiating to buy Bonwit's twelve branches across the country, which it would operate under the Bonwit Teller name. But at Fifth Avenue and 57th Street, where Bonwit's was rouged cheek by powdered jowl with Tiffany and Bergdorf Goodman, there will probably be some sort of highrise...
...January. Says Lewis Rudin of Manhattan's Rudin Management: "I counted up $1 billion-that's billion-of privately financed new construction the other day." He listed, among other projects, the $110 million AT&T headquarters at 55th and Madison and the $80 million IBM building at 57th and Madison. There is an apartment shortage in Manhattan, with co-ops selling for prices that would have been impossible only a year ago. Luxury buildings like the Olympic Tower, opposite St. Patrick's Cathedral, and the Galleria, on 57th Street -both of which have penthouses priced at more...
...57th day of his perilous 477-mile trek along the jagged ice fields of the Arctic Ocean, Japanese Explorer Naomi Uemura last week took a sextant sighting, then another and another. At last he was sure. With the 17 huskies who had pulled his sledge, he was at the top of the world, the first man to reach the North Pole alone by way of the frozen Arctic...
...streets, like 42nd, run both ways. When you get into the real downtown area, around Greenwich Village, the streets are named and make no particular sense. Central Park sits right in the middle of this large grid, and that means that a whole lot of streets north of 57th just end at the Park. In short, you're bound to get lost driving or walking, so take a cab. It's one of the most adventurous things you can do in New York...
...Bobby Zarem, 40, who in the past two years has become Manhattan's unquestioned master of the movie premiére, an opening-night party giver whose bashes are often better than the pictures they publicize. When the rock movie Tommy opened in New York, Zarem rented the 57th Street subway station and invited 700 funky-chic guests for a late-night dinner dance in the tubes. To hype The Ritz, a comedy set in a gay bathhouse, he took over the Four Seasons Restaurant and had the band perform from the pool. For Lucky Lady, a romantic adventure...