Word: greenwich
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Mayor Edward Koch agrees. "New York will not be New York again till the papers are back," he believes. Meanwhile he can be seen wandering around the neighborhood of his old Greenwich Village apartment, lantern in hand, looking for an honest newspaper. "I pick up the Washington Post," he sighs. "I thumb through it for 15 minutes. And I say to myself, 'Why am I reading this...
...most likely to move its headquarters? The answer, surprisingly, is not some place in the Sunbelt but just 30 miles or so away, Connecticut's Fairfieid County. Long famed as tony bedroom communities for high-paid commuters to the corporate canyons of New York City, such towns as Greenwich, Darien and Westport have become boardroom communities for many of those same bosses: they have brought their offices closer to their homes...
...estate inflation. In downtown Stamford, office space now rents at Manhattan rates: $17 to $23 a foot. Housing costs have soared, partly because so many moneyed people are looking for shelter and partly because real estate taxes are lower than in New York's neighboring Westchester County. In Greenwich, a four-bedroom house that sold for $80,000 in 1968 goes for $200,000 today. Rising housing costs are lessening the financial advantages of working in Connecticut. But they are still substantial because the Nutmeg State has no income tax, while New York has both state and city taxes...
...county fills up, it is developing some of the problems that the companies moved there to escape. Partly because of rising traffic congestion, Greenwich has placed tight limits on how much land can be zoned for business use, and Darien has imposed a moratorium on commercial construction...
Beyond its narrative difficulties, Vicki Polon's screenplay still leaves a lot to be desired. Polon is no wit, and her attempts to portray such overly familiar New Yorkers as SoHo art dealers, pushy cab drivers and Greenwich Village hipsters fall flat. Hot issues like lesbianism and abortion are dragged into the action for cheap effects rather than serious consideration. There is not a single memorable or startling line in the movie...