Word: overhanging
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Dates: during 1990-1999
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Barring a major recession, the industry will break records next year, but some executives are getting nervous. There is still an overhang of loans coming due from the past building cycle, even as new money keeps pouring in. Warns Holiday Inn Worldwide chairman Bryan Langton: "Right now everybody's having a good time. We are a very seductive industry. People lose money in it, and they still come back. As sure as day follows night, the next five years will experience a down cycle...
...approach the Hasty Pudding building, the cows, the little gymnastic girls, the dancers in traditional Mexican garb, and the cattle truck arrive first to herald the onslaught of the Woman of the Year. People are packed like sardines outside the Pudding; office workers are standing on the overhang at Holyoke Center and in the little coves above Harvard Real Estate. The sea of black-robed acrobats start to do back-flips to public accolades...
When the bus pulled over at the next stop, I bounded out. The night was in full swing. Five homeless men were passing a bottle in the shelter they had constructed within the bus stop overhang. Across the street, students from the Berkeley College of Music were crowding into the vast Tower Records store...
...group also considered building some sort of outdoor protection for people who must smoke outside when it rains. But Cambridge has prohibited any more building on the Holyoke Center property and the overhang could not be built, group members said...
...important is not clear, especially to those of us who do it. Once, in a pompous mood, I wrote, "We climb for the same reason that smoke rises and poodles bite doormen: it is our nature." This is baloney, but true baloney. The expert strung out below a featureless overhang knows it, and the ignorant weekenders who get in trouble are, for good or ill, plodding toward some such understanding...