Word: buildings
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Dates: during 1970-1979
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...Stadium and inviting 20,000 guests, was charged with entering into a "corrupt understanding" with Local Developer Hal Hansen. Granted immunity from prosecution, Hansen talked a lot. He alleged that Fasi was to have received $500,000 disguised as campaign contributions from Hansen in exchange for the contract to build a $50 million city-sponsored condominium called Kukui Plaza; the mayor. Hansen said, had already received approximately $65,000 in goods and cash. Fasi insisted that the charge was part of a "political vendetta" against him by Hawaii Governor George Ariyoshi, who had narrowly defeated him in the 1974 Democratic...
Because it nets less than three cents on every sales dollar, Chrysler needed to build up its cash position, partly to finance refitting of the Belvidere, Ill., plant, where the new cars will be assembled. In 1976 the company sold its Air-temp air-conditioning division to Fedders for $47 million; the sale has now become the subject of lawsuits. Last month the real estate division sold several shopping centers, a hotel and some office buildings for $50 million...
...public. Product-Planning Chief Hal Sperlich is both cautious and cocky. "We are heading for an encounter of the third kind that can have tremendous consequences for us," he admits. Then comes the characteristic salesman's caveat. "Chrysler is the last of the big three to build a small car, and as my colleagues at Ford used to say, 'Last in, best dressed.' " Maybe. First sales results will be available in February, and if they are good, the industry's drive to make cars that are smaller yet roomy will accelerate...
...Business, Manhattan in recent years has not been an isle of joy. Many corporations have fled New York City; few have had the faith or the funds to build there. Thus the opening of the new $150 million Citicorp Center in midtown Manhattan was an event in itself. More important to New Yorkers and tourists is that the skyscraper gives a stunningly imaginative new accent to the skyline -and, at ground level, is one of the world's few megabuildings that actually appear hospitable to human beings...
Citicorp did not announce its plans to build until July 1973. At the time an estimated 30 million sq. ft. of Manhattan office space was standing empty, including 10 million sq. ft. in the World Trade Center, which had opened only three months earlier. Nonetheless, Walter Wriston & Co. remained faithful to their plan to build not merely rentable space but a midtown magnet for people...