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...expensive rehabilitation costs of vacant buildings. Even homesteading programs coupled with generous mortgage subsidies may run into difficulties. In New York City, where such programs exist, homesteading still proceeds at an excrutiatingly slow pace. Of the 50,000 vacant and mostly city-owned housing units in the South Bronx, for example, only a handful are being renovated by homesteaders...

Author: By David H. Feinberg, | Title: Homesteading on 149th St. | 9/24/1980 | See Source »

Surprisingly, Reagan has stumbled into one fairly good idea about how to bring businesses back into distressed urban areas. His endorsement of the Kemp-Garcia bill proposes to set up tax free zones in areas like the South Bronx. It represents a move toward a more active use of the tax incentive in urban renewal efforts. Tax incentives can help, but Reagan overestimates just how much. Even Rep. Robert Garcia, who sponsored the legislation, thinks that his bill alone cannot revitalize the South Bronx...

Author: By David H. Feinberg, | Title: Homesteading on 149th St. | 9/24/1980 | See Source »

...director is Selznick, who has been matching actors with parts for almost 40 years. She can still remember young Bernie Schwartz crossing West 57th Street in Manhattan 34 years ago. She followed him into an office building, and soon he was on the phone with his mother in The Bronx. "This crazy lady here says she's going to make me into a movie star," said Bernie, who was, in fact, already thinking along those lines. "Bring her home for dinner," said Mamma, and Selznick made her pitch. It took three years, but eventually Bernie did become a star...

Author: /time Magazine | Title: Show Business: Invasion of the Body Snatchers | 9/8/1980 | See Source »

...once he beat the killer rabbit, down in the chigger latitudes. He smiles (force of habit) and meditates upon the Garden, like some mildly triumphant parson. Nearly four years pass behind his eyes: golden days, cardigan days, Billy Beer days; the abrupt surprise of Russian nastiness and the South Bronx ghettos. His reveries sweep to Jordan 's squirted Amarettos (a fancy drink for a good ole boy) and Vance and Lance, and jogger's tibia and all the money Billy made for being friends with Libya. But nothing can efface the joy of this renomination. (Well, almost nothing...

Author: /time Magazine | Title: Time Essay: America Needs a Poet Laureate, Maybe | 8/25/1980 | See Source »

Koch's success story is classically New York. His parents were immigrant Jews from Poland. During the Depression, Koch's father lost his fur business in The Bronx and moved his wife and three children to Newark to share a two-bedroom apartment with four other relatives. Ed, 12, helped support the family with tips he earned by operating a hat-check concession in a catering hall...

Author: /time Magazine | Title: Nation: The Apple's Big Polisher | 8/18/1980 | See Source »

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