Word: manhattanization
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Dates: during 1980-1989
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...more days to go this week, turned out to be a fitting tribute to the huckster of hype. "If he's sitting up there watching, he's probably having a ball," said Diana Brooks, president of Sotheby's North America, which conducted the sale in its Manhattan showrooms...
...extent of his hoard had largely been a secret. As compulsive consumers go, he was inconspicuous. An old pal, Collector Suzie Frankfurt, once noticed a slight bulge under his shirt at a Studio 54 bash: it was a dazzling emerald necklace. Yet Warhol's opulent town house on Manhattan's Upper East Side was so cluttered with the fruits of his shopping binges that only two or three rooms were habitable. Picassos were stuffed in closets. Jewels were squirreled away in the canopy of his antique four-poster bed. "He was chronically, almost neurotically, acquisitive," writes Biographer David Bourdon...
Last week's most frenzied bidding was for Warhol's stash of 152 cookie jars, mass-produced pottery from the 1930s and '40s in cutesy animal and cartoon motifs. At one point, two Manhattan businessmen faced off over two cookie jars and a pair of salt and pepper shakers in the form of a black chef and his wife. The final bid: $23,100 for a lot whose value Sotheby's had estimated at $100 to $150. "Spiritually, they are just wonderful," gushed Maria Olivia Judelson, wife of the victor. If so, then Cuban-born Businessman Gedalio Grinberg was truly...
...Beverly Hills-based Milken, who built the junk-bond industry almost from scratch and amassed a personal fortune estimated at more than $500 million, is attracting plenty of attention these days -- much of it in the form of official probes. For 18 months, a federal grand jury in Manhattan has been investigating Milken and other executives of the Drexel Burnham Lambert investment firm, reportedly on charges that they helped Ivan Boesky carry out his insider-trading schemes. Milken and his employer have denied any such wrongdoing...
...believe the havoc is caused by airborne pollutants that are chemically transformed in the atmosphere and fall to earth in unusually acidic precipitation. Called acid rain, the phenomenon now stands accused of laying waste marine life along the Atlantic Coast as well. In a report issued last week, the Manhattan-based Environmental Defense Fund charges that nitrogen oxides spewed from U.S. power plants, factories and automobiles have played a major role in destroying fish and other creatures in Atlantic bays and estuaries. Acid rain, concludes Michael Oppenheimer, an atmospheric physicist and one of the authors of the report, is "destroying...