Word: tram
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...Storm King Art Center Stretching west of the Hudson River for about 200 hectares, this mammoth park is big enough to justify the tram tours. Notable works include Alexander Calder's The Arch, a fearsome structure that looks like something left behind by alien visitors, and Louise Nevelson's City on the High Mountain - a piece in black steel that abstractly suggests an urban dystopia and might remind visiting Manhattanites not to hurry home. More details at www.stormking.org...
Traffic is mostly pedestrian, except for the occasional van and the double-decker tram that winds down Chun Yeung Street, stopping at 7-11 at one end and the footbridge at the other. When I get back to my apartment at night, the market is closing down. The ground is usually wet, from Hong Kong summer rains or from hosing fish pieces and meat trimmings into the gutter...
...Technical Manifesto of Futurist Painting declared: "The motor bus rushes into the houses which it passes, and in their turn the houses throw themselves upon the motor bus and are blended with it." Carlo Carrà captured this energy in the kaleidoscopic What the Tram Told Me (1911), while Umberto Boccioni conveys the rush of rail travel in his triptych States of Mind (1911). The second painting in the series, Those Who Go, depicts giant dreaming heads swept along with fragmentary buildings, leaving faded gray figures marooned on the platform in the third panel, Those Who Stay...
...scheme seemed a bit convoluted from the start, but it offered oodles of money to the participants. An American investor agreed to lease tram and subway cars from BVG, Berlin's mass-transit company. And BVG, in turn, leased them back for terms ranging from 12 to 30 years. Under U.S. tax law at the time, the American investor was able to take a depreciation tax benefit on the equipment because it was held on a long-term lease - a financial benefit the investor shared with BVG. (Read about Paris' public bicycle system...
Between 1997 and 2004, Berlin's public transportation company entered into 22 such lease and lease-back deals, covering a total of 511 tram cars and 647 subway cars, with various American investors...