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...Financial markets are anticipating another rise in official interest rates this year. Having campaigned in 2004 on keeping interest rates low, Howard is acutely sensitive to a revolt from voters in urban-fringe electorates. An economic slowdown at home or overseas could also cut the ground from under the government. But the local economy has been so resilient for so long-like two burly and laconic Tasmanian miners-that few are expecting a messy end to the good times...

Author: /time Magazine | Title: WEB EXCLUSIVE: As Good As It Gets | 5/9/2006 | See Source »

...original World Trade Center, completed in 1973, suffered under a similar real estate climate. "The argument back then was that downtown was losing to midtown," says Susan Fainstein, professor of urban planning at Columbia University. "They thought by building this impressive complex, it would make downtown a competitor. But so much space came up at once, and there just wasn't the demand to fill it." New York State even moved some offices there to help keep the rent rolls filled. The latest plans for ground zero call for the same 10 million sq. ft. of office space...

Author: /time Magazine | Title: A New Blueprint | 5/8/2006 | See Source »

...Have people's expectations since independence four years ago been unrealistic? The high expectations of urban people haven't been realistic. Nevertheless, the government could have done more to address the demands of the poorest people by investing quickly in infrastructure development to provide jobs. Instead, it has been too careful not to spend money without first having the legislative framework in place. But sometimes social pressures and expectations cannot wait for that. We should go ahead anyway...

Author: /time Magazine | Title: 10 Questions: Jose Ramos-Horta | 5/8/2006 | See Source »

Keep all that in mind when you step into the tour de force just inside the Hearst Tower. Instead of a conventional lobby, Foster has produced a massive indoor piazza, a 10-story atrium bathed in sunlight from overhead skylights and surrounded by the windowed masonry walls of Urban's original base, which give the appearance of exterior walls facing inward. At a time when cities have ever less interest in parks or open space, this is an office tower with a town square inside, not a shopping mall. "A building should try to give something back to the city...

Author: /time Magazine | Title: Love Triangle | 5/7/2006 | See Source »

Each day, locals dial the museum’s hotline—available only to residents—and leave voice messages about daily experiences that amazed them or inspired them. At the end of the day, Kottamasu, now a graduate student of Urban Planning at MIT, puts the messages together in a program, along with his commentary...

Author: By Aditi Banga, CRIMSON STAFF WRITER | Title: Locals Dial In to Virtual Museum | 5/7/2006 | See Source »

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