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Portman is not the only highflying mogul to feel the harshness of a downward real estate cycle. In London and dozens of U.S. cities, the commercial- property market is reeling. Hundreds of empty office towers and abandoned construction sites dot downtown neighborhoods. In most places there is no new construction. Office rents are plunging, and vacancy and delinquency rates are soaring. Overleveraged developers are being forced to refinance their loans and offer sweetheart deals to prospective tenants -- free rent for a year, say, with an exercise room thrown into the bargain. Declares Richard Peiser, director of the Lusk Center...

Author: /time Magazine | Title: Downtown Blues | 11/5/1990 | See Source »

Observe all this and then recall the phrase American Decline. Consider the sense of failure and loss that it implies. The effect is disorienting and provocative. Is this really a country that must inevitably slide downward...

Author: /time Magazine | Title: Essay: The Second American Century | 10/8/1990 | See Source »

...scientists wear two pairs of rubber gloves while conducting experiments, but the hood provides an extra measure of safety by placing a downward flowing air current between the researcher and the samples. Thus, if any particle came floating toward the scientist, the current of air would push it down to a filter at the hood's bottom, preventing it from ever reaching the scientist...

Author: NO WRITER ATTRIBUTED | Title: Making Safety a Priority in the Laboratory | 10/5/1990 | See Source »

...worst) self-absorbed mindset of the preppy class. The characters are not the flat stereotypes who populate bad teen films, but realistic characters with a painful sense of the past and their responsibility to it. They discuss French social theorists and Jane Austen, changing social mores and downward socially mobility. They still fancy virginity as something virtuous, and date in groups...

Author: By Kelly A.E. Mason, | Title: Exploring the Upper Class: Stillman's Work Promising | 9/21/1990 | See Source »

...School Board calls it the "Cross of Neri." It is banned for the following reason: "This symbol represents [sic] peace in the early 60s, but now, among the Heavy Metal and Occult groups, signifies the "Cross of Neri." It shows an `upside down' cross with the cross member broken downward--`The Defeat of Christianity...

Author: By Joseph R. Palmore, | Title: The Devil Went Down to Texas | 9/12/1990 | See Source »

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