Word: yorkerism
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Dates: during 1950-1959
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...founded in 1697, under a grant of England's William III, Trinity Church was a little, unsteepled frame building outside the city limits, at the head of a country road named Wall Street and on a lane called the Broad Way. Thus, like many another early New Yorker, Trinity got rich simply by sitting still on a piece of real estate. Trinity's balance sheets would be enough to give the average budget-bullied minister spots before the eyes. Though by 1825 the parish had given away two-thirds of its holdings to help found some...
...adornment. Literary words imperfectly grasped, meanings assumed from bare inspection, monsters spawned for a trivial cause-these are but a few of the signs of squandering . . . The advertiser bids you 'slip your feet into these easygoing leisuals and breathe a sigh of real comfort' . . . The New Yorker spotted a movie theater sign on which 'adultery' was used to mean 'adulthood.' From an English periodical I learn that some new houses 'affront the opposite side of the street.' If Mrs. Malaprop is going to become the patron saint of English, what is going...
...string of 17 hotels he operates around the world, he added an 18th, by a deal in Manhattan. To the six other hotels he has abuilding or contracted for around the world, he added a seventh in another deal in Havana. In Manhattan, he bought the 43-story New Yorker Hotel for $12.5 million. Actually, Hilton paid no cash on the transaction: instead, he gave the Manufacturers Trust Co.. owner of the New Yorker, 111,960 shares of preferred and common stock in the Hilton Hotels Corp. (worth $7,200,000), and agreed to take over the New Yorker...
...purchase gives Hilton the world's four biggest hotels.* all of them good moneymakers. And the deal for the 2,100-room New Yorker, which cost about $19 million in 1930 and made money by luring in guests with such services as sterilized bathrooms (with the door sealed in cellophane for the incoming guest to break), fits right into Hilton's plans of booking the big convention business flocking to Manhattan. And it was also the kind of deal Hilton hates to pass up. Just three months ago. he sold Manhattan's 1,060-room Plaza Hotel...
...days after he bought the New Yorker, Hilton flew to Havana. There he signed a contract to operate a new $11 million luxury hotel in a fashionable part of the city for the Retirement Fund of Cuba's 45,000-man Culinary Workers Union. The union agreed to finance the hotel with $6,000,000 from the fund, plus another $5,000,000 bank loan...