Word: manhattanization
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Dates: during 1990-1999
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...most far-reaching transformations have taken place where consumers rarely see them, in vast processing centers such as a computerized Manhattan facility that has room for 43 football fields. There a pair of operators using optical scanners can sort 35,000 envelopes an hour, including those with handwritten addresses. The entire windowless center--part of a five-year, $14 billion USPS overhaul--handles an average of 2 million pieces a day and has slashed processing costs by two-thirds...
...writer of the book and lyrics for Paul Simon's long-awaited musical The Capeman, he has a Broadway opening this month--an unusually suspenseful opening. The Capeman, which tells the story of Salvador Agron, a Puerto Rican teen who killed two white youths in a Manhattan playground in 1959, has been plagued by a drumbeat of doomsaying in the New York media, last-minute changes and a postponed opening date. The Nobel curse may be chasing Walcott, but his productivity seems unaffected. His most recent book of poetry, The Bounty, was published last summer to good reviews...
...credits her parents with the drive and self-confidence that took her through college at Howard University, an M.A. from Cornell, a teaching post at Howard and editing jobs that eventually landed her in Manhattan. Jason Epstein, now a Random House vice president and executive editor, was Morrison's boss in those days, and he has remained a friend ever since. "She was a wonderful colleague," he says, "always bright and apt and funny. I used to love to go sit in her office, just for the pleasure of it; it was full of plants, I remember. It was clear...
...really feel like [New York] defines who I am," says Liz J. Taxin '99 of Manhattan. Describing herself as a focused person who walks "targetedly," Taxin admits she has been shaped by the New York mentality...
...promised to spread the burden of reform. Last week his government asked citizens to donate gold jewelry to ease the currency crisis and said it would put two failing banks up for sale to foreigners. Almost immediately there were reports that Chase Manhattan and Citicorp had expressed an interest in taking positions in the firms, though the banks refused to comment. Kim told TIME that "if layoff of workers is necessary, then that is what we will do." And he has warned the chaebols that if they don't reform, he will do it for them. "It is sure...