Word: bra
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Dates: during 1970-1979
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...contain them. But over the past year, violence has followed the vice: a Harvard football player was fatally stabbed, an exotic dancer was strangled, and a brisk trade in guns sprang up. Looking for ways to curb the rough stuff without closing the zone down, the Boston Redevelopment Authority (BRA) has devised a strategy based on a reversal of Gresham's law: a theory that good will drive out bad. The planners have announced a ten-year building program designed to ring the zone with respectability. Just west of it will rise a $300 million park plaza with shops...
Sara (Author Davidson has made herself one of the central characters in her book) was a second-generation Californian, a freelance journalist who "wanted to be the Girl of the Sixties brand-new, streamlined, groovy daring upfront, telling it like it is. I also wanted to stop wearing a bra, but Jane and I worried that it would cause our breasts to droop...
...Jubilee inspired, inevitably, its share of schlock. Among the overpriced jubiliana being hawked in London were necklaces, beer mugs, T shirts, jeans, egg timers, shopping bags, ashtrays and thermometers. One London sex shop offered a matching bra-and-panties set, boldly emblazoned with the Queen's state coach and horses. Two British breweries offered pub customers a brace of special celebration brews: Queen's Ale and Silver Jubilee...
...South End, on the other hand, attempts are being made to renovate the existing housing stock rather than clear it away. The Department of Housing and Urban Development in coordination with the BRA sponsors programs to provide federally guaranteed low-interest mortgages for housing stock renovation. Unfortunately, these efforts have proven largely unsuccessful because such a large amount of capital is needed for adequate renovation that only upper middle class "pioneers" can afford to move in. As they do so, land values rise and remnants of the old community are driven out like squatters...
...constraints are land, construction, and financing. Their costs, in the case of community development corporations, are paid for by a combination of tenants'rents and government subsidies and loans. Land, about 20 per cent of the total development cost, is often subsidized by a local housing authority like the BRA, which acquires parcels and sells the land to the developer of its choice. For non-profit housing, the principle of the mortgage, which is 100 per cent guaranteed by the Federal Housing Administration and covers land acquisition, construction or rehabilitation, is paid off entirely out of tenant's rents. Rent...