Word: buyer
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Right on target too. Today, 70% of AMC's production is in the compact Hornet and the subcompact Gremlin. The little cars have turned out to be a particular hit with younger buyers. In 1967 the average age of an AMC car buyer was 62; today...
...short, it is a buyer's market in which only a small minority of successful artists have any power over the destiny or price of their work. If there are to be any royalty assurances, then, they can only work if they are written into U.S. law. The prospect of such a bill ever getting to Congress is, naturally, viewed askance by many dealers and most collectors, who contend that it would diminish or even wreck the art market, depress prices, and discourage new collectors. These critics raise other objections: Why should an artist be entitled to a piece...
...past 2% years, International Telephone & Telegraph Corp. has been trying without success to find a buyer for its Levitt home-building business, which the giant conglomerate is under a Justice Department order to sell. Last week a buyer finally surfaced. He was none other than William J. Levitt, the 67-year-old creator of the celebrated Levittown instant suburbs, who sold the business to ITT in 1968. Levitt signed a letter of intent to take the company back and said that he will operate it as a privately owned concern under its original name of Levitt & Sons (ITT had called...
...drafty abode in winter. And yet the appetite for tapestries went beyond all questions of use and ornament. They were collected with manic extravagance. As the Cluny Museum's chief curator Francis Salet points out in his catalogue introduction, Philip the Good of Burgundy was such an impassioned buyer that his collection required a staff of 18 guards and varlets. In 1461, at the coronation of Louis XI, Philip gave the citizens of Paris a crushing display of his wealth by hanging tapestries by the bale from his town-house façade, "such a multitude of them that...
...fragment of a medieval encyclopedia that appeared to be written in the same hand as the narrative. Wormholes for all three documents-map, fragment and narrative-matched perfectly. Convinced of the map's authenticity, Witten in 1959 sold all three, reportedly for nearly $ 1 million, to an anonymous buyer, who in turn donated them to Yale. There, scholars determined that the map had been drawn about 1440, probably by a monk in a Swiss scriptorium...