Word: sq
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Dates: during 1970-1979
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...Center is divided into three parts. There is the skyscraper, with 1.3 million sq. ft. of office space. The Market, three floors of a glass-roofed, tree-dotted building within a building, houses shops and restaurants. And, paying its dues to God as well as Mammon, Citicorp Center includes one of the most beautiful churches to be erected in Manhattan in this century, a jagged 85-ft.-high polygonal structure of granite and glass that stands free of the office tower and shares a sunken plaza with The Market...
Citicorp did not announce its plans to build until July 1973. At the time an estimated 30 million sq. ft. of Manhattan office space was standing empty, including 10 million sq. ft. in the World Trade Center, which had opened only three months earlier. Nonetheless, Walter Wriston & Co. remained faithful to their plan to build not merely rentable space but a midtown magnet for people...
...trouble is that inflation currently is pushing up store operating costs -wages, electric bills, transportation charges-much faster than food prices. Other chains have raised profits nonetheless, largely because they started much earlier than A.&P. in replacing dim, crowded stores with modern markets that get more volume per sq. ft. of selling space and have many more branches in the prospering Sunbelt. A. & P.'s markets are still heavily concentrated in the economically depressed mid-Atlantic states. Says Analyst Fred Kopf of Reynolds Securities: "It would have been easier for A. & P. if the world had stood still...
...Under one roof. It has 1 million sq. ft. of selling space...
...Tuscaloosa Sand is being conducted mostly by private business, the U.S. Department of Energy is providing funds to assemble information on the Gulf Coast's geopressured zones. In theory, the water from these zones, emerging at a wellhead pressure of 6,000 lbs. per sq. in. and a temperature much above boiling, could spin turbines and yield heat for such purposes as oil refining, food processing and rice drying. The gas that is dissolved underground in the hot water fizzes out of solution at atmospheric pressure to be captured for fuel. The billion-dollar question is whether all this...