Word: buyer
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...limited tax break can easily be found in a tax-exempt municipal bond. Unlike the IRA, it imposes no penalties for early withdrawal. But some workers, at least, are still happy with the prospect of a stripped-down IRA. Richard Brody, 57, a New York City-based department-store buyer, plans to contribute to his retirement account next year even though he will be entitled to no tax deduction. On the other hand, John Sullivan, 42, an executive at Marine Terminals in San Francisco, has been making the maximum IRA contribution for the past three years, but will no longer...
...paid to experience maternal love, the forced cessation of that love, and a whole range of feelings in the process that are not ordinarily put up for sale. Those emotions, not Baby M., were the real, if hidden commodity in the transaction. And the transaction fell through because neither buyer nor seller had a grasp of the commodity in the first place...
...dollar has depreciated in value against the Japanese currency by some 40%, from 260 yen in February 1985 to 153 yen last week. That makes even Manhattan prices seem reasonable. Example: a building that cost $100 million, or 26 billion yen, two years ago would now set back the buyer a relatively paltry 15 billion...
...editors, who initiated the venture in 1985 because "they wanted to run their own business," do not intend to publish ClassMates after they graduate. They are interested in selling the business, but are still searching for a buyer...
...York City gave Nehemiah 30 blocks of vacant land to build on. Equally % important, the city agreed to provide each home buyer with a $10,000 interest- free second mortgage, repayable only when the house is resold. A vital ingredient in many private housing initiatives, the second mortgage can bridge the gap between the price of a home and the amount of a first mortgage that a low-income family can afford. For the Joneses, this interest-free loan, coupled with a below-market- rate first mortgage from New York State, reduced the monthly cost of their house to just...