Word: ownership
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Dates: during 2010-2019
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...tourists who visit the church every year, the Cathedral of Saint Nicholas has represented a slice of Mother Russia on the shores of the Mediterranean. And that's exactly the logic the Russian government used to win a court case in France on Jan. 20 that recognized Moscow's ownership of the church. The Nice Russian Orthodox Cultural Association (ACOR), which managed the church under a 99-year lease it signed with the czarist regime in 1909, had maintained that it effectively inherited the cathedral when Russia's royal family was executed during the revolution. But the court upheld...
Indeed, the Cathedral of Saint Nicholas is not the only prize catching Moscow's eye. Last year Italy agreed to cede ownership of a similarly spectacular cathedral in Bari to the Russian Orthodox Church, and the year before that, Paris did the same with a cathedral there. And last October, Israel agreed to turn over a building in Jerusalem known as "Sergei's Courtyard" that was constructed in 1890 to accommodate Russian pilgrims to the Holy Land. Moscow is also currently in a legal battle over control of London's St. Andrews Cathedral, home to a large Orthodox congregation...
...think it is a problem ... and that's why we are putting our resources to bear to try to correct the problem before it becomes a bigger problem than we can tackle," says Rafael Cestero, commissioner of New York's Department of Housing Preservation and Development. "Ownership of rental properties in New York City is a long-term proposition, and if you do it right, you can make a fair profit, but trying to make a short-term investment is where you can get yourself in trouble...
...Weston town meeting, Harvard representatives plan to present an alternate plan in which the University would retain ownership of approximately 15 to 17 acres of contaminated land—parcels with permanent restrictions on their usage that would likely preclude any future development or agriculture on the sites. The remaining 45 to 47 acres of uncontaminated land would be sold to the town at a reduced price...
...upon millions of dollars to tap the fast-growing Internet generation in China, and like Google, they could not gain traction. Both companies ended up pulling the plug on their China ventures, with eBay losing out to domestic Chinese auction company Taobao, and Yahoo ceding its operations for an ownership stake in Alibaba.com (which also controls Taobao). (See the top 10 internet blunders...