Word: manhattanization
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...those perfect autumn nights that make Manhattan seem magical. There is not a cloud in the sky, and looking up from the streets, you can see stars. On the avenues, white lights speckle the trees. There is a chill in the air--just enough to ice the occasional breath--and the urgent roar of the city is a reminder that New York at this moment may be the Rome of the modern world. The NASDAQ is at a record high. Again. New companies are being born. It is a perfect night for a launch party...
...pick a single eureka! moment, a time when suddenly everything became clear about what the future had in mind for Jeff Bezos, it was on a May day in 1994. The 30-year-old was sitting at the computer in his 39th-floor office in midtown Manhattan, exploring the still immature Internet, and he found a site that purported to measure Net usage. Bezos couldn't believe it: the Internet was growing at a rate of 2,300% a year. "It was a wake-up call," he says. "I started thinking, O.K., what kind of business opportunity might there...
...assured the price isn't too high because they get to choose the lowest one being offered by any seller in the world. Location becomes unimportant. You're not penalized for being a seller stuck in low-traffic, low-price Bismarck or a buyer shopping in high-cost Manhattan. Auctions also minimize transaction costs ("friction" in e-commerce-speak) and eliminate the need to operate bricks-and-mortar stores. Online auctions "wring out the inefficiencies in the supply-chain process," says FairMarket CEO Scott Randall. They also benefit from Metcalfe's Law (named after Robert Metcalfe, the founder of 3Com...
Wallpaper designer Patty Madden is a regular at Manhattan's swank W Hotel, but she's not there for its minimalist-chic decor, or the hipper-than-thou people who pack the bar. Instead she can usually be found in the hotel restaurant Heartbeat, eagerly waiting for the end of her meal. That's when James Labe, the tea sommelier, will bring out a platter of 10 loose-leaf teas. Some neophytes might balk at offerings like Bao Jong, a honey-tasting Taiwanese tea, which goes for $10 a pot. Madden, 45, who only started drinking such teas in earnest...
...CITY (HBO) Carrie Bradshaw (Sarah Jessica Parker) and friends patrol Manhattan like a Fantastic Four whose weapons include sarcasm and Prada. Maturing this year from a raunchy romp into an arch cultural dispatch, it's a refreshing story of professional women who don't need the love of a good man so much as want...