Word: townely
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Nowhere was that more true than in the ill-conceived investment to turn the twinned 11,000-unit middle-class housing complex known as Stuyvesant Town and Peter Cooper Village, built originally to accommodate World War II veterans, into luxury housing, for which limits on yearly rent increases are chucked in favor or whatever the market will bear. The prospectus offered by the lead investors, Tishman Speyer and Larry Fink's asset-management fund BlackRock, imagined evicting 50% of rent-regulated tenants in just a few years. But tenants fought back and won in a court decision that also undercut...
...latest activity is further west, about 10 miles north of Old Faithful Geyser and nine miles from the gateway entrance town of West Yellowstone, Montana. One quake at 2:31 p.m. Mountain Time registered a 3.7 magnitude. It followed five earlier quakes of at least magnitude 3. (See pictures of a volcano awakening in the Philippines...
...thing about last week's deadly great-white shark attack, just south of Cape Town and about 15 minutes' drive from my house, is that everyone knows the sharks are there. We've been warned many times - not least by the annual shark attacks that happen up and down South Africa's lengthy coastline. We also know that the warm waters of False Bay, south of the city, are a favored breeding and feeding ground for great whites, particularly around Seal Island, a rock that sits in the middle of the bay and hosts a huge colony of Cape...
...might ask, did I take my wife and two daughters, along with our two friends from Britain and their two daughters and baby son, to Fish Hoek for a swim just four days before the latest attack? For that matter, why did much of Cape Town? (We didn't arrive until midday, and by then the beach was so full we had to lay out our towels on some concrete steps.) It wasn't that we'd forgotten about the sharks. As we set up our little beach camp, I regaled our guests with a story about the legendary...
...What convinces me that my local beach is safe is the truth about the Sub. The monster of the deep was, I'm sorry to report, a myth dreamed up in the 1970s over several pints at the Tavern of the Seas by a group of bored Cape Town news reporters keen to test the gullibility of their readers. The experiment succeeded beyond their wildest expectations. From the moment they ran they story, the papers were inundated with reports of sightings from readers, and the Sub became its own living myth. Cape Town newspapers ran stories about the apocryphal beast...