Word: sro
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...much TV. Decorated like an old rural library, the cozy shop draws customers with classics like Pat the Bunny, a section for teens and toys for prereaders. Special events have included an appearance by popular kiddie author Jack Prelutsky, who read his poem Tyrannosaurus Was a Beast to an SRO crowd. "I love it here," says shopper Aida Littauer. "I tell them what I want, and they pick out the books...
...sluggish start. That may help explain why the best theater in New York City last week was not along the Great White Way but on Centre Street, the stretch of lower Manhattan where the city, state and federal courthouses are clustered. Three legal proceedings under way there have drawn SRO crowds. One stars the 1945 Miss America, Bess Myerson, though she has been upstaged by the gabby daughter of a local judge, testifying for the prosecution. The second, unfolding as a sordid tragedy, centers on Joel Steinberg, a disbarred attorney accused of beating to death six-year-old Lisa...
...cluster of high- profile cases turns Manhattan courtrooms into SRO theaters. The line forms early to see former beauty queen Bess Myerson or accused child murderer Joel Steinberg...
...high-rise office buildings. According to a 1986 congressional report, in the past decade the nation has lost half its single-room-occupancy hotels, long the housing of last resort for the poor. In New York City, tax-abatement policies of the early 1980s encouraged private developers to turn SRO buildings into luxury condominiums. The number of New York apartments renting for $300 a month or less dropped ; from 1.7 million in 1978 to 409,459 last year...
...make sure that available money is carefully targeted and intelligently spent. Local governments have already taken the lead in offering low-interest loans or tax-exempt bonds to finance housing construction. By providing loans to developers and easing building codes, San Diego has spurred the creation of five new SRO hotels, where tenants pay from $240 to $390 a month. In New York City last week, local officials joined with a community-development group to finance the construction of 1,000 apartments for low-income families; $25 million of the $80 million cost was raised from corporations, which can write...