Word: downtowners
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Dates: during 2000-2009
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South Africa's mining magnates and millionaires have been meeting in the imposing Rand Club in downtown Johannesburg for more than a century. The neo-Baroque building is filled with paintings of such celebrated past members as British colonizer Cecil Rhodes and the ubiquitous portrait of Queen Elizabeth II. Built on the wealth of the largest goldfield in the world and the sweat of black labor, the club's membership was, until a few years ago, closed to South Africa's blacks. But these days, there's a new breed of tycoon walking the club's wood-paneled corridors...
...soon settled upon a strategy: find a luxury apartment in one of the best downtown areas, hire a property firm like Colliers International or Jones Lang LaSalle to manage it, then lease it to expats. (Locals, I was told, hate to rent.) "Go for a prime location in the city center," advised Wayne Zane, an analyst at Colliers. "In a downturn, it will be less affected." So, a few weeks ago, I began touring apartments in buildings with names like Baroque Palace and Sea of Clouds Garden. The target zone: three downtown districts?Xuhui, Jingan and Luwan?that all seem...
...foursome has recently discovered that they can wend their way from their apartments to their office in an immense downtown shopping mall through tunnels, skyways, and inter-building corridors, without ever stepping foot outside. And with this realization comes a wager. To deal with the mind-numbing tedium of their cubicle lives, the group decides to bet a month’s salary to see who among them can survive the longest without fresh...
...video, however, is a thing of beauty. Shot in stunning black and white, it features a plot straight out of “Our Gang.” Three smooth-cheeked youngsters, their faces painted like Pagliacci, sneak out to a downtown dance club...
...Governors made pilgrimages to Detroit to woo GM, offering all sorts of land deals, tax breaks and worker-training grants. Minnesota's Rudy Perpich said his package of inducements was worth $1.3 billion to the company. To remind GM's executives of its lures, Missouri erected a billboard in downtown Detroit that read GIVE US A RING. Another sign said CHICAGO WANTS YOU. Celebrities were enlisted as well. Boxer Ray ("Boom Boom") Mancini touted Youngstown, Ohio, and Golfing Great Arnold Palmer praised Westmoreland County, Penn...