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...dark days after last month's stock-market crash, there was one glimmer of hope: the calamity would shock Washington out of its derelict disregard of the deficit and force some courageous budget decisions on Congress and the White House. With great fanfare and high expectations, a "domestic summit" was convened. President Reagan agreed to drop his reflexive opposition to any taxes. Congressional leaders made so many declarations about the need for cooperation that they began to sound almost sincere. Partisan quarrels would be set aside. Now was the time for bold action...

Author: /time Magazine | Title: Turkey And Trimmings | 11/30/1987 | See Source »

During the 1980s Spring Street, like so many other neglected, down-and-dirty streets around the country, is shuddering back to life, becoming a gleaming circa-1920s boulevard. Many of its handsomely scaled old masonry buildings were renovated: derelict art moderne office buildings became cool art moderne apartment buildings, and the art deco stock exchange was reborn as an art deco disco. There were more than two dozen major restorations in all -- including what had been the CRA's office building. The CRA, as it happened, had helped foster this revival. So in 1980 back came the urban-planning bureaucrats...

Author: /time Magazine | Title: Design: Spiffing Up The Urban Heritage | 11/23/1987 | See Source »

Sternfeld's America looks inhabited but never quite settled, full of lovelorn suburban tracts and derelict factories where the banshees howl through the rusting work sheds. When recession comes -- a number of these pictures were taken during the slump of 1981-82 -- the oldest company towns in New England fall like the flimsiest trailer camp in Arizona. When times are good, the wilderness is shown being minced into salable acreage. Above it all, the sky rings its changes, slate blue in one picture, cornflower in the next, baby's-bottom pink in another. It is the last unspoiled stretch...

Author: /time Magazine | Title: Photography: Lovelorn Tracts, Minced Wilderness | 4/20/1987 | See Source »

...country house, the setting is a complex, violent and very real London of the '80s. A junior Cabinet Minister is found with his throat slashed in the dingy vestry behind the altar of St. Matthew's Anglican Church in the Paddington section of the city. Across the room, a derelict lies dead, killed in the same grisly manner. In charge of the investigation: the sleuth-protagonist of six previous James novels, brooding Scotland Yard Commander Adam Dalgliesh, a widowed intellectual who loves baroque music. As he did in such previous cases as The Black Tower and Shroud for a Nightingale...

Author: /time Magazine | Title: Books: Crime's Le Carre: A Taste for Death | 10/27/1986 | See Source »

...queen of Pennsylvania Avenue again, maybe the nation's most historic private premises, the newly restored Willard Hotel. After 18 empty and derelict years, she will reopen this week, glittering with all her former glory, and more. Developer Oliver Carr poured in $120 million, searched the history books for authenticity, matched the marble in Italy, added an office building and retail complex and retained the building's classic stateliness with bull's-eye windows and mansard roofs -- and the legends of a small, raw country becoming a great republic...

Author: /time Magazine | Title: The Presidency: Outsize Slippers for Mr. Lincoln | 8/25/1986 | See Source »

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