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...dominion estimated to be worth $18 billion since they fled Austria with their parents during World War II. With the savings they were able to bring out, the family bankrolled construction and steel ventures in Toronto, eventually moving into real estate speculation. In 1977 Wall Street hardly noticed when Olympia & York, the development firm founded by the brothers, picked up eight Manhattan skyscrapers at a distress-sale package price of $400 million during New York City's fiscal crisis. Today those buildings are valued at some $3 billion...

Author: /time Magazine | Title: The Canadians Come Calling | 11/17/1986 | See Source »

...control about 30 million sq. ft. of U.S. real estate, worth an estimated $10 billion. The glittering centerpiece: their new $1.5 billion Battery Park City project, part of a vast new chunk of Wall Street waterfront created on 92 acres of landfill in Manhattan. Among the companies ensconced in Olympia & York's elegant copper-and-granite towers there: Merrill Lynch, American Express and Dow Jones...

Author: /time Magazine | Title: The Canadians Come Calling | 11/17/1986 | See Source »

Still, every season someone attempts to revive the form. This year's example is Social Security, the bawdy but bland story of a Manhattan art dealer (Marlo Thomas), her suburban sister (Joanna Gleason), their respective husbands (Ron Silver and Kenneth Welsh) and the aged mother who drives them crazy (Olympia Dukakis). Playwright Andrew Bergman has written lustily funny movies (Blazing Saddles, Fletch), but he places only ticktock jokework on the stage. Worse, he creates situations of real pathos and then anesthetizes them. The matriarch is 80, unable to get around without a walker, unwilling to be left alone...

Author: /time Magazine | Title: Theater: Saran-Wrapped Social Security | 4/28/1986 | See Source »

Twenty years ago, it was a patch of forest outside Olympia, Wash. Today it is the site of Evergreen State College, a newly thriving liberal arts institution that last year was mentioned in a U.S. News & World Report survey of university and college presidents as one of the nation's better schools. Evergreen is one of a set of ambitious schools that in the past half a dozen years have emerged from academe's boondocks or thereabouts to reach for national recognition. All the institutions in the sampler below, along with a growing corps of like-minded schools, have risen...

Author: /time Magazine | Title: Education: Those Hot Colleges on the Climb | 4/28/1986 | See Source »

Some stores reported more browsers than usual but no increase in sales. "There are a lot of interested people, they're not all buying," said Olympia Fantasia, co-owner of Details, a clothing boutique...

Author: NO WRITER ATTRIBUTED | Title: Square Merchants Give Mixed Reviews | 10/15/1985 | See Source »

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