Word: cen
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...work in a city combine their efforts toward a common goal." So said Michigan Governor William Milliken five years ago of Detroit's new $357 million cluster of five glass towers, a 32-acre complex aimed at reviving the city's decaying downtown area. Now Ren Cen stands as a symbol of hard times. The center defaulted last week on its mortgage debt of more than $200 million by failing to make a scheduled payment of $10 million...
Built by a consortium led by Henry Ford II, Ren Cen consists of a 73-story hotel and four 39-story office buildings. Since it opened in 1977, the center has lost $140 million, prompting the Detroit Free Press to call it "perhaps the country's largest white elephant." Ren Cen first fell behind on its mortgage in 1980, but managed to renegotiate its payment schedule. Nonetheless, as unemployment in Detroit surged, the center remained in the red. Some 40% of its space for retail stores is empty; 95% of its office area is occupied, but only at deeply...
...more excavation proceeded around the burial site, however, the more salvagers of the Mary Rose were caught up in a race against time. What remained of the hull of the vessel after cen turies of erosion was a near perfect cross section, but the modern digging exposed Mary Rose's surviving timbers to the destructive scouring of tides and the appetites of marine organisms. In August 1980 the decision was made by the growing legions of Mary Rose salvagers to plan last week's dramatic lift. The salvage attempt had the blessing of Prince Charles...
...Frank Boas Foundation endowed a fellowship in Welch's name last year at the Cen- ter for International Affairs. Boss, a European lawyer, is a former classmate of Welch...
...Soviet invasion-meaning that the P.C.I, might break with Moscow altogether. Last week, in a rare public display of a Communist family quarrel, the Soviet Communist Party was revealed as having blasted Berlinguer in no uncertain terms. The Italian weekly Panorama published a confidential letter from the Soviet Cen tral Committee, obviously with the imprimatur of Leonid Brezhnev, rebuking the Italians for showing too much solidarity with Solidarity...