Word: manhattans
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Dates: during 1960-1969
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...were musical, and Nina began taking classical piano lessons at seven. Bach soon became (and remains) her favorite: "There's always a place he's going and he gets there and he comes down gently. That's perfection." In 1953, after a year of study at Manhattan's Juilliard School of Music (paid for by friends back home), she landed a $90-a-week job playing piano at a bar in Atlantic City. To her surprise, the manager told her that she was expected to sing too. She did, and clicked immediately. It was then that...
...culture and to bring blacks into the museum. Jazz in museums is getting to be a vogue The Los Angeles County Museum of Art, the City Art Museum of St. Louis, and Chicago's Museum of Contemporary Art have all sponsored jazz concerts within the past year. In Manhattan, the Museum of Modern Art has held summer jazz events since 1960, and the Whitney Museum of American Art got into the swing last year...
...nation's biggest city, the only thing higher than the buildings is the cost of renting a few square feet of space in them. When leases expire these days on apartments not subject to rent controls, landlords throughout New York City are demanding rent increases averaging 26.5%. In Manhattan, rents have been rising an average of 31%, and "horror case" increases of 60% are not unheard of. On top of the boosts, many leases now provide for "automatic" raises of 5% or more a year and further hikes whenever real estate taxes rise. Some landlords offer only two-year...
...landlords have lately raised the roof on rents in part to make up for lost time and money. Six years ago, in a scramble to beat a zoning-law deadline, they built an excess of apartments and filled them by offering rents that were fairly reasonable by Manhattan standards, as well as three-or four-month rental "concessions." Now there is a desperate housing shortage. While the rental vacancy rate for the nation is 5.4%, it is 1.2% for New York City. The landlords, hardly a charitable lot, can get together fairly easily and exploit the shortage because 250 real...
...sheer gall, few takeover artists have rivaled Saul P. Steinberg, 29, chairman of 71-year-old Leasco Data Processing. Last year his Manhattan computer-leasing firm gained control of Reliance Insurance, a large multi-line company, and squeezed a $100 million dividend out of its coffers to finance other Leasco operations. Last week Steinberg admitted at Leasco's annual meeting that his takeover appetite has grown so big that he would like to swallow Chemical Bank New York Trust Co., the nation's sixth largest commercial bank (assets: $9 billion). Chemical Chairman William S. Renchard has promised...