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...feat is all the more salutary given the building's horribly overbuilt location: just 25 ft. east stands Metropolitan Tower, a grim, 66-story black glass trapezoid finished in 1986 (only the two-story Russian Tea Room separates the two buildings), and less than a block south is architect Helmut Jahn's new 70-story Cityspire. Yet instead of adding to the high-rise pile-on, Carnegie Hall Tower improves the neighborhood and the skyline -- in part by visually eclipsing Metropolitan Tower -- and proves that grandeur need not equal bulk. Pelli's apartment-and-office tower is a full block...

Author: /time Magazine | Title: Design: Big Yet Still Beautiful | 9/24/1990 | See Source »

...savings and loan industry, a taxpayer's only consolation was that at least commercial banks were safe and sound. Or were they? The way things are going, the Federal Deposit Insurance Corporation, which insures commercial bank deposits, may have to be renamed the Future Disaster Inevitable Corporation. In grim testimony before the House Banking Committee last week, Comptroller General Charles Bowsher warned, "Not since it was born in the Great Depression has the federal system of deposit insurance for commercial banks faced such a period of danger as it does today...

Author: /time Magazine | Title: Breaking The Bank: FDIC is low on cash and may need a bailout | 9/24/1990 | See Source »

...Poppers' good sense was to get rock-solid data. Their genius was to see and understand the grim trend. Their audacity was to propose a solution and give it a bumper-sticker name: Buffalo Commons. Their good fortune was to be near New York City, which still tingles from the memories of its rich sons, like Theodore Roosevelt, sent west a century ago for thrills and toughening. The national media reveled in an honest-to-goodness cowboy story...

Author: /time Magazine | Title: Hugh Sidey's America: Where the Buffalo Roamed | 9/24/1990 | See Source »

With each passing day, the grim tally mounted. In Brooklyn an 11-year-old girl was wounded in her family's home by a stray bullet from the street outside. Two days later an 18-year-old Bronx man was stabbed to death by a panhandler who had demanded a dollar. Then a Queens man was shot and seriously wounded as he chased gunmen who had robbed a neighborhood grocery store. A typical week in New York City...

Author: /time Magazine | Title: May The Force Be with You | 9/24/1990 | See Source »

...businesspeople in the community speak about Central Square in the same grim tones. Despite the rough economic times, they continue to heap praise on the area's diversity and neighborly feeling...

Author: By Julian E. Barnes, | Title: Fighting to Keep A Square Alive | 9/14/1990 | See Source »

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