Word: beach
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When Megan Maciejowski was laid off from her job at an investment bank at the end of 2008, she cleaned out her desk, retreated to her Venice Beach, Calif., apartment and started sprucing up her resume. Then the 33-year-old set aside some of her severance package and arranged to spend February in artsy San Miguel de Allende, Mexico. Her goals for the trip were simple: to take an immersive Spanish class, do some painting, experience a new culture and generally relax. Says the self-described Blackberry addict: "I needed to get away to disconnect, recharge and regroup...
When 67-year-old Gary Furbee and his wife Rose decided to go shopping for a time-share vacation home in Hawaii, they couldn't believe the bargains. The couple had rented a two-bedroom ocean-view penthouse unit at Marriott's Ko Olina Beach Club on Oahu in 2007, liked it and resolved to watch for resales. The Furbees thought the recession might flush out some distressed sellers, but they were stunned by how far prices had plunged. "At Marriott, it was [listed] for between $50,000 and $60,000, but we paid $18,400," Gary says. He bought...
Sales have also slowed in places where the inventory is limited. "The consumer discounts are affecting everybody--even markets like South Beach [Fla.] and Manhattan are seeing weakness, even though there's almost no supply," notes Lunt. "Everybody's income has gotten less, and prices are resetting...
...rare and impeccable ingredients grew from an early exposure to Mediterranean produce. But when he left for the capital in 1996, a multi-course homage to the vegetable like the Jardins de Provence menu he'd served since 1987 at Monte Carlo's Louis XV was dismissed as beach chow by Parisian epicureans. "Twelve years ago the vegetable was an accessory, like the make-up of a woman," Ducasse says. "There were serious Parisian foodists who told me, 'This Mediterranean cuisine isn't serious. Here we want turbot, we want sauce, we want beef...
Ever the inquisitive scholar, Associate Professor of History Alison F. Frank had the inspiration for a book while doing some pleasure reading on a beach in Greece...