Word: condos
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Dates: during 2000-2009
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...East Village is a New York City neighborhood with a complicated vibe. It's a place where restaurant equipment wholesalers and ancient brick walk-ups rub shoulders with spanking new condo towers and hip hotels with signature martinis. Almost everywhere there are also traces of the hippie-Boho culture that settled in before the 1960s and does what it can to keep its flag flying. And for nearly 150 years one of the neighborhood's anchors has been the sturdy main building of the Cooper Union for the Advancement of Science and Art, a college where presidents from Abraham Lincoln...
...glitters on the Las Vegas skyline. The mood this week in the city is upbeat as fireworks and a multitude of parties have marked the opening of Aria, CityCenter's central casino-hotel. (A retail mall, Crystals, opened early this month, along with a Mandarin Oriental hotel and a condo-hotel called Vdara. Three more towers are still in mid-construction...
...expecting a fast turnaround. Indeed, as Aria is opening, the venerable Binion's Gambling Hall downtown has shut down, and the Sahara just announced plans to temporarily close rooms in two of its three towers. One of the early selling points of CityCenter was that a slate of condos was planned to give the project some semblance of urbane flair. But the high-rise-condo market is in dire shape. Murren says MGM Mirage has 50% of its condos under contract, but it also recently announced a 30% price reduction to lure in new buyers as well a financing package...
...really remarkable thing is that Miami fans, who once cared even more about Hurricane football than about condo-flipping, don't seem all that sunburned about the fact that their team isn't playing for national championships these days. Its win-loss record this season was 9-3 and it finished a very respectable No. 15 in the national standings. But for once the U.S. News standing seems just as important, especially as the recession suddenly makes education a priority in a city that for too long disregarded...
...million—but that Amadio suggested could be worth up to $80 million—is the most valuable painting of those reported missing, according to The Boston Globe. The set of allegedly stolen artwork, numbering between 25 and 30, was stacked in the hallway of the condo when it was taken, according to Amadio...