Word: buyer
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Building's buyer was Metropolitan Life Insurance Co., the nation's second biggest, which has lately been pouring large hunks of its $46 billion in assets into real estate deals around the country. In addition to acquiring the Pan Am Building, the insurance company is investing $245 million in Houston's Allied Bank Plaza and $110 million in Chicago's One South Wacker tower. Both are now under construction. Explains Metropolitan Chairman Richard Shinn: "We're looking for protection , against inflation...
...including one in Dallas - inspired by Urban Cowboy - that features an electronic bucking bull (price per ride: $2 for less than a minute). The clothes are certainly durable, comfortable and generally affordable. For some, they come trailing clouds of glory and nostalgia as well. Says Barbara Cirkva, 32, a buyer for the Cul de Sac boutique at Manhattan's Bloomingdale's: "We all want to be cowboys and Indians. We were all cowboys and Indians as kids. It's one of the last great fantasies left...
...convenience between two shrunken giants. Rolls-Royce, whose models range from the $85,300 Silver Shadow to the $155,800 Corniche convertible, has found that inflation and recession are slowing down even the superrich. The three-year waiting list for its cars in Britain has evaporated, and a buyer with the money can now walk in and get one right off the showroom floor. U.S. sales in 1979 fell off 10%, to 1,002. Moreover, Rolls' diesel-engine division is in trouble, mainly because a $150 million contract to make Iranian tank engines fell through when the Shah...
...full purchase price at that time and then wait two years for delivery. Getting a used car is easier, if just as pricey. Legally the seller must work through a government agency, which skims a 7% commission off the sale price, but the canny seller usually finds a willing buyer first, makes his deal and then collects as much as $6,000 more on the side from the eager purchaser...
...next problems with the low-interest mortgages, Sullivan explains, is that they create more capital for the type of buyer who would purchase a condominium, thus "accelerating the trend toward condominium conversion" that city leaders fear will kill Cambridge's diverse neighborhoods. A breakdown of the 22 purchases under the program show that 12 of the units purchased have been condominiums or co-ops; city regulations limiting new condominium conversion, however, may make that less of a problem in the future...