Word: manhattan
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Dates: during 1970-1979
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Designer Diane von Furstenberg offered a roll of paper towels imprinted with 250 lipstick kisses. Giorgio di Sant' Angela sent a 9-ft. hand-painted silk banner worth (he said) $20,000. The occasion: a "Fashion as Fantasy" exhibit held in Manhattan to raise money for Fountain House, a New York psychiatric rehabilitation center. Five hundred guests paid $50 each to attend. Topless Swimsuit Creator Rudi Gernreich offered two models decked out in bicycle parts. "In a machine age, people are drawn to machinery," explained Rudi, "and it is sensuous and sexy." Chacun a son gout...
...suburb, requires massage parlors to pay a whopping $5,000 annual fee and masseuses to take 1,000 hours of training. Since such requirements are clearly open to legal challenge, some cities are attempting to use zoning laws as weapons. New York City, which has some 70 parlors in Manhattan, may soon try zoning with a twist-massage parlors would be legal in the western section of midtown only if attached to a community facility or a hotel with 200 rooms or more. Even then, however, such mutations as rap parlors and sensitivity-training centers would not be affected...
With little to gain and enormous sums to lose by pressing for their money, Continental's creditors are again ignoring the deadline and some are negotiating new terms-such as deferring interest payments for three years. There is ample precedent: Chase Manhattan Mortgage & Realty Trust, the biggest of all REITs, sponsored by Chase Manhattan Bank, recently refinanced $761 million in bank loans, and got the interest rate reduced to as little...
...durability in show business: could that chubby kid with the wet look who dated pubescent Mousketeer Annette Funicello really have been smart? Paul was the son of a Lebanese restaurateur in Ottawa, but he was only hungry for success. At 14, he won a three-day trip to Manhattan in an IGA soup contest ("I collected the most labels"). One bite of the Big Apple made him want more. Within two years Paul was back, with $100 from his father and six songs tucked under his arm. He was dossing down in a friend's bathtub when ABC-Paramount...
...million in the third quarter. During the same period, Dan River jumped from a loss of $4.9 million to a profit of $900,000, and Springs Mills from a loss of $684,000 (only its second quarterly deficit ever) to a profit of $864,000. Analyst Edward Johnson of Manhattan-based Johnson Redbook Service Inc., a securities-research firm, believes the industry's fourth-quarter earnings "could possibly be the biggest yet"-more than the record $297 million profit registered in the second quarter...