Word: mccoy
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...Richmond McCoy had come a long way since the days when he marched door to door with his landlord father to collect, or not collect, rent checks in Harlem. His McCoy Realty Group had become the largest real estate management firm controlled by an African American, and his Park Avenue headquarters in Manhattan catered to Wall Street bigs, but that was not enough for McCoy. Spurred by Sterling Green, an apostle of the United House of Prayer in Washington, McCoy, 45, began helping churches develop property in poor neighborhoods. "I felt God was nudging me in a different direction...
That direction led to UrbanAmerica, the first real estate investment company to focus on distressed urban areas, a market sinfully ignored by most moneymen. Founded by McCoy in 1998, with backing by New York's Utendahl Capital Partners, the new company persuaded major banks like J.P. Morgan and Citibank to sign on as limited partners. "Demonstrating to them that they could invest institutional money in ethnic markets, receive a nice return and do some good along the way--that was a challenge," says McCoy. It helped that he was offering not only a profitable opportunity but also...
When bribery fails, oenophiles turn to auctions and rare-wine dealers. Clark Gibson not only paid $600 for a $59 Sine Qua Non 1997 Imposter McCoy Syrah, he also drove from Chicago to pick it up. At the 20th annual Napa Valley Wine Auction for charity last month, collector Chase Bailey bid $500,000 for a single six-liter bottle of a 1992 Screaming Eagle Cabernet, the highest auction price ever paid for a bottle of wine. Under what circumstances do you imbibe a half-million-dollar bottle of wine? "I haven't the slightest idea," says Bailey. "Maybe...
Earlier in the afternoon, the Crimson (15-18, 8-5 Ivy) lost 7-5 to Northeastern in the Beanpot Semifinal at McCoy Stadium in Pawtucket...
...possible scenario would see Harvard host Brown for a double-header this afternoon at McCoy Stadium in Pawtucket, R.I. The Crimson is scheduled to play Northeastern there earlier today for the Beanpot semi-final...