524 East 72nd Street
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524 East 72nd Street
Belaire Apartments (also known as the Belaire Condominiums and The Belaire) is a mixed-use high-rise condominium apartment building in Manhattan, New York City. The 42-story building is located at 524 East 72nd Street between York Avenue and the FDR Drive. Description It has 183 condominium apartments, a health club, parking garage and swimming pool. The first fourteen floors are used by the Hospital for Special Surgery. The building has prominent views overlooking the East River. It is tall. It was designed by Frank Williams and Associates, and features a red brick facade. The building has a reinforced concrete structure, making it one of the tallest concrete buildings at the time of its construction. History The building was completed in 1988 and was constructed by the Zeckendorf Company, on the site previously occupied by a parking garage owned by the Hospital for Special Surgery. After construction Belaire enjoyed property tax reduction for 10 years as result of ...
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72nd Street (Manhattan)
72nd Street is one of the major bi-directional crosstown streets in New York City's borough of Manhattan. The street primarily runs through the Upper West Side and Upper East Side neighborhoods. It is one of the few streets to go through Central Park via Women's Gate, Terrace Drive, and Inventors Gate, though Terrace Drive is often closed to vehicular traffic. History The street was designated by the Commissioners' Plan of 1811 that established the Manhattan street grid as one of 15 east-west streets that would be in width (while other streets were designated as in width). On October 11, 2006, the Belaire Apartments, a 50-story apartment complex located at 524 E. 72nd Street between York Avenue and the FDR Drive, was the site of a plane crash involving Cory Lidle's aircraft. Landmarks East Side At Third Avenue, the Tower East apartment block (1960) set a new model for high-rise residences: a slab tower set back from the street front and isolated on a low base. The arc ...
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Property Tax
A property tax or millage rate is an ad valorem tax on the value of a property.In the OECD classification scheme, tax on property includes "taxes on immovable property or net wealth, taxes on the change of ownership of property through inheritance or gift and taxes on financial and capital transactions" (see: ), but this article only covers taxes on realty. The tax is levied by the governing authority of the jurisdiction in which the property is located. This can be a national government, a federated state, a county or geographical region or a municipality. Multiple jurisdictions may tax the same property. Often a property tax is levied on real estate. It may be imposed annually or at the time of a real estate transaction, such as in real estate transfer tax. This tax can be contrasted to a rent tax, which is based on rental income or imputed rent, and a land value tax, which is a levy on the value of land, excluding the value of buildings and other improvements. Under a p ...
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Wine Spectator
''Wine Spectator'' is an American lifestyle magazine that focuses on wine and wine culture, and gives out ratings to certain types of wine. It publishes 15 issues per year with content that includes news, articles, profiles, and general entertainment pieces. Each issue also includes from 400 to more than 1,000 wine reviews, which consist of wine ratings and tasting notes. The publication also awards its 100 chosen top wineries each year with the ''Winery of the Year Awards''. ''Wine Spectator'', like most other major wine publications, rates wine on a 100-point scale. The magazine's policy also states that editors review wines in blind tastings. Wine Spectator's current critics include executive editor Thomas Mathews; editor-at-large Harvey Steiman; senior editors James Laube, Kim Marcus, Bruce Sanderson, Tim Fish, James Molesworth, Alison Napjus and MaryAnn Worobiec; associate editor Gillian Sciaretta and associate tasting coordinator Aleksandar Zecevic. Past critics include for ...
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Cigar Aficionado
''Cigar Aficionado'' is an American magazine that is dedicated to enjoying the good life and the world of cigars. Published since September 1992, the magazine is known for its profiles on celebrities including Michael Jordan, Jack Nicholson, The Rock, Demi Moore, Robert De Niro, Arnold Schwarzenegger, Usher, Nick Jonas, Tom Selleck, Hugh Jackman, Wayne Gretzky, Charles Barkley, and for its articles and blind tastings about handrolled, premium cigars, along with stories about golf, travel and luxury goods and experiences. The magazine was launched by Marvin R. Shanken's M. Shanken Communications, the publisher of ''Wine Spectator'' magazine since 1976. The current executive editor is David Savona. Publication history Origins ''Cigar Aficionado'' magazine debuted in the fall of 1992, launched in New York City by Marvin R. Shanken, longtime publisher of ''Wine Spectator'' magazine. Prior to launching the publication, Shanken engaged in extensive market research, collecting more ...
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Ivan Boesky
Ivan Frederick Boesky (born March 6, 1937) is a former American stock trader who became infamous for his prominent role in an insider trading scandal that occurred in the United States during the mid-1980s. He was charged and pled guilty to insider trading, was fined a record $100 million, served three years in prison and became an informant. Early life and education Boesky was born to a American Jews, Jewish familyHaaratz: "This Day in Jewish History / A masterful Wall Street con man is arrested - Ivan Boesky elevated insider trading to an art form. The police didn't see it that way, though." by David B. Green
Novemb ...
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Junk-bond
In finance, a high-yield bond (non-investment-grade bond, speculative-grade bond, or junk bond) is a bond that is rated below investment grade by credit rating agencies. These bonds have a higher risk of default or other adverse credit events, but offer higher yields than investment-grade bonds in order to compensate for the increased risk. Default risk As indicated by their lower credit ratings, high-yield debt entails more risk to the investor compared to investment grade bonds. Investors require a greater yield to compensate them for investing in the riskier securities. In the case of high-yield bonds, the risk is largely that of default: the possibility that the issuer will be unable to make scheduled interest and principal payments in a timely manner. The default rate in the high-yield sector of the U.S. bond market has averaged about 5% over the long term. During the liquidity crisis of 1989-90, the default rate was in the 5.6% to 7% range. During the pandemic of 2 ...
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Marvin Traub
Marvin Traub (May 14, 1925 – July 11, 2012) was an American businessman and writer. He was a prominent business executive in the retail sector known for his impact on merchandising and marketing. Traub was CEO and President of Bloomingdale's for twenty-two years leaving in 1992 to found his own consulting firm, Marvin Traub Associates. Between 1994 and 2000, Marvin Traub Associates participated in a joint venture with retail-focused investment banking firm, Financo, Inc. Traub is the author of two books. In 1993, Traub wrote ''Like No Other Store...:: The Bloomingdale's Legend and the Revolution in American Marketing'' about his tenure at Bloomingdale's. In 2008, he wrote ''Marvin Traub: Like No Other Career'', a coffee table book that also profiles his works since leaving Bloomingdale's. Biography Early life and education Marvin Traub was born to a Jewish family on April 14, 1925 in New York City. Traub's father Sam D. was an executive of a corset company and his mother ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Bloomingdale's
Bloomingdale's Inc. is an American luxury department store chain; it was founded in New York City by Joseph B. Bloomingdale, Joseph B. and Lyman G. Bloomingdale in 1861. A third brother, Emanuel Watson Bloomingdale, was also involved in the business. It became a division of the Cincinnati-based Federated Department Stores in 1930 under then-president Samuel Bloomingdale. In 1994, the Macy's department store chain joined the Federated Department Stores holding company. In 2007, Federated Department Stores was renamed Macy's, Inc. As of October 29, 2022, there are 54 stores (56 boxes) including 32 department stores (34 boxes, all full line), 1 Bloomies, 1 furniture/other store and 20 outlet stores (There are a total of 35 stores) with the Bloomingdale's nameplate in operation throughout the United States. Its headquarters and Flagship#Retailing, flagship store are located at 59th Street (Manhattan), 59th Street and Lexington Avenue in the New York City borough of Manhattan. Hist ...
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Arthur W
Arthur is a common male given name of Brythonic origin. Its popularity derives from it being the name of the legendary hero King Arthur. The etymology is disputed. It may derive from the Celtic ''Artos'' meaning “Bear”. Another theory, more widely believed, is that the name is derived from the Roman clan '' Artorius'' who lived in Roman Britain for centuries. A common spelling variant used in many Slavic, Romance, and Germanic languages is Artur. In Spanish and Italian it is Arturo. Etymology The earliest datable attestation of the name Arthur is in the early 9th century Welsh-Latin text ''Historia Brittonum'', where it refers to a circa 5th to 6th-century Briton general who fought against the invading Saxons, and who later gave rise to the famous King Arthur of medieval legend and literature. A possible earlier mention of the same man is to be found in the epic Welsh poem ''Y Gododdin'' by Aneirin, which some scholars assign to the late 6th century, though this is still a ma ...
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Carol Higgins Clark
Carol Higgins Clark (born July 28, 1956) is an American mystery author and actress. She is the daughter of suspense writer Mary Higgins Clark, with whom she co-authored several Christmas novels, and the former sister-in-law of author Mary Jane Clark. Writing career Born in New York City and raised in Washington Township, Bergen County, New Jersey, Clark received her B.A. from Mount Holyoke College. During college, she began re-typing her mother's transcripts. She also made contributions such as renaming locations and characters. She was the only one of four siblings to become a writer. One thing that affected this decision was helping her mother. While Mary Higgins Clark attempted juggling a full-time job and trying to finish her second book, the younger Higgins Clark grasped this opportunity to familiarize herself with the process of writing a book and telling tales, not knowing this would be her start in becoming a well-known author. Just as her mother did, Clark writes suspe ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ...
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