Word: manhattanization
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Dates: during 1980-1989
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...realm? Published estimates range from less than $1 billion to more than $3 billion. When the question is asked directly of Trump, there is a long pause. Then he grins and says, "Who the f knows? I mean, really, who knows how much the Japs will pay for Manhattan property these days...
...what is mere money when one has become a figure of legend, a figure immortalized, if that is the word, in Judith Krantz's I'll Take Manhattan? "Donald Trump, the brilliant, ambitious young real estate man whom even his enemies had to admit was disarmingly unaffected," Krantz wrote with her endearing uncertainty about personal pronouns, "rose to meet Maxi...
...tending his affairs. His attorneys include his brother-in-law, John Barry, whose wife, Trump's elder sister Maryanne, is a federal judge in Newark. (Trump's only surviving brother, Robert, works for him as an executive vice president. His other sister, Elizabeth, is an administrative assistant for Chase Manhattan Bank...
Trump's latest and biggest and most complicated controversy centers on Manhattan's largest remaining piece of undeveloped land, the 76-acre principality bordering the Hudson River from 59 Street to 72 Street. Once a Penn Central railroad yard, it is now mostly weeds and debris. Trump, who bought it for $90 million in 1984, touts it as a $5 billion Trump City, "a concept that is going to be spectacular." It would feature a 150-story building, the world's tallest ("The city of New York should have the world's tallest building"), plus 7,600 luxury apartments...
...often been observed that men who make a great deal of money generally have very limited ideas about what to do with it. Trump's biggest personal expenditures have been on extravagantly luxurious residences. The builder of Trump Tower, whose first Manhattan apartment was a dingy single room overlooking a water tower, originally reserved for himself a $10 million triplex penthouse, but when he first saw yachtsman Khashoggi's pad in the nearby Olympic Tower, which was approximately the size of a Persian Gulf sheikdom, he naturally wanted one just as big or bigger. So he went back to Trump...