Word: plush
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...securities trading for every $1 invested. He was only 24 when he started and 29 when the operation ended in 1983 amid lawsuits from angry investors who accused Atkins of having caused them huge losses. Many had felt queasy about trusting someone under 30, but were reassured by Atkins' plush, marble-floored offices at 500 Park Avenue, his impeccable grooming and the fact that his father was a well-known oil executive. The Tisches say they went along because their lawyers could find no flaw in the prospectuses. In total, Atkins attracted investments of $36.8 million from 400 investors...
When Carnegie Hall reopened in December after a 30-week, $50 million renovation that saw the historic auditorium restored from floorboards to rafters, everyone agreed it looked beautiful. There was a new maple stage, a new floor and new plush red seats. The masonry walls, 4 ft. thick, were replastered and their gold detailings redone. Gone was the dowdy curtain that hung above the stage, obscuring a hole punched in the ceiling 40 years earlier and never repaired. Even the ushers sported handsome black-and-red uniforms designed by Ralph Lauren...
...speaker on the podium of the plush, red-upholstered Congress Hall of Warsaw's Palace of Culture let loose with a spirited 90-minute harangue against almost every aspect of the Polish government's economic policy. Social benefits, he asserted, were "much lower and much worse" than in other Communist-bloc countries. The national economy was collapsing due to "incompetence, lack of knowledge, the pursuit of private interests and bureaucratic swank and arrogance." Seldom since the heyday of Solidarity, the independent trade-union movement, had such harsh blasts been sounded at a Polish labor conference. But the times they...
...Their $14 million, 14-story office building in Houston, 80% vacant, was foreclosed on and sold at auction. A swanky housing development, Triple Crown condominiums in Ruidoso Downs, N. Mex., is the target of a foreclosure suit. More than a quarter of the 212 lots in Austin's plush estates of Barton Creek sit unsold. A creditor has sued to foreclose on four shopping centers; a fifth has already been lost...
...York harbor was spackled with whitecaps and the wakes of some 20,000 boats of every conceivable shape and size. Their wild variety mirrored the diversity of the immigrants who passed through Ellis Island: Dutch flat- bottomed boats, Chinese junks, plush French yachts, Norwegian barkentines. Draped over one small vessel was a hand-lettered banner: OK U.K. 1776 IS FORGIVEN. COME HOME COLONIALS. TEA AND CRUMPETS AWAIT...