Word: metropolitanism
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...incentives, worth more than $80 million, they agreed to form a joint educational venture, a sort of UPS University, that will allow students to attend classes offered by the University of Louisville, Jefferson Community College and Kentucky Tech-Jefferson Campus. Students enrolled in what has been dubbed the Metropolitan Scholars Program will be able to earn technical certifications and two-year or four-year degrees...
Local authorities defend the deal with a rosy economic forecast prepared for Greater Louisville Inc., the metropolitan area Chamber of Commerce. The chamber study predicts that 6,000 UPS jobs "will spawn nearly 8,000 additional jobs" throughout the region. It is estimated that all those jobs in turn "will generate more than $477 million annually in payroll growth." As is the case with many economic-impact statements, the numbers are fuzzy. But whatever the case, growth would have occurred somewhere in the U.S., perhaps even in Louisville, where UPS is already heavily invested. To remain competitive...
...Abby Aldrich Rockefeller, a co-founder of the museum and the donor of the drawings, two each by Van Gogh and Seurat; she felt that 50 years after her death (which came in 1948) the works in question would be better off in dustier institutions like New York's Metropolitan Museum of Art and the Art Institute of Chicago so that MOMA could continue its unimpeded focus on the new. Of course, the museum's management no longer takes such a narrow view of things, perhaps in part because the drawings are now valued at more than $40 million...
...ground floor of the Mirage, high art has descended on the desert with a palpable clang. It had to come. It has come. Art abhors a vacuum, and if Las Vegas hasn't earned a name for being culturally underoxygenated, what place in America has? If the Metropolitan Museum of Art in New York City can hang banners advertising Tiepolo or Goya from its Fifth Avenue facade without having fingers wagged in its face, why shouldn't Steve Wynn, the modern-day Mike Todd or P.T. Barnum of Vegas, the man with more clout in the gambling-and-hotel business...
...works. The big test of this came with buying the first of two Van Goghs, Peasant Woman Against a Background of Wheat, painted a few weeks before the artist's suicide at Auvers-sur-Oise in 1890. This exceptional portrait had been hanging on loan in the Metropolitan Museum, and it cost Wynn a nonnegotiable $47.5 million of his own money, not the Bellagio's. (So far, Wynn's Mirage Resorts Inc. has picked up $160 million of the tab for the collection, and Wynn himself the rest...