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Alexander's (other)
Alexander's, Inc. is a real estate investment trust that owns 7 properties in New York metropolitan area, including 731 Lexington Avenue, the headquarters of Bloomberg L.P. It is controlled by Vornado Realty Trust. It was founded by George Farkas and Louis Schwadron in 1928. Before it filed for bankruptcy in 1992, Alexander's also operated a department store chain that included 16 stores at its peak. All but one of the stores (at the time of the 1992 bankruptcy) were located in buildings owned by the company. Locations included a store that occupied the entire block between East 58th and 59th streets and Lexington and Third Avenues in Manhattan (now the location of 731 Lexington Avenue), a store in The Mall at the World Trade Center, an anchoring store in the bustling shopping district of Fordham Road in The Bronx, and a store in Paramus, New Jersey that featured one of the largest murals in the world. History In 1928, George Farkas, a Brooklyn native, opened a store on T ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Third Avenue
Third Avenue is a north-south thoroughfare on the East Side of the New York City borough of Manhattan, as well as in the center portion of the Bronx. Its southern end is at Astor Place and St. Mark's Place. It transitions into Cooper Square, and further south, the Bowery, Chatham Square, and Park Row. The Manhattan side ends at East 128th Street. Third Avenue is two-way from Cooper Square to 24th Street, but since July 17, 1960 has carried only northbound (uptown) traffic while in Manhattan above 24th Street; in the Bronx, it is again two-way. However, the Third Avenue Bridge carries vehicular traffic in the opposite direction, allowing only southbound vehicular traffic, rendering the avenue essentially non-continuous to motor vehicles between the boroughs. The street leaves Manhattan and continues into the Bronx across the Harlem River over the Third Avenue Bridge north of East 129th Street to East Fordham Road at Fordham Center, where it intersects with U.S. 1. I ...
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Queens Chronicle
The ''Queens Chronicle'' is a free weekly newspaper based in the New York City neighborhood of Rego Park, Queens. It was founded in November 1978 as ''The Paper'' by Susan Merzon. In 1984, it expanded beyond its Howard Beach constituency and was renamed the ''Queens Chronicle''. In 1994, the paper's offices suffered a devastating fire. The ''Chronicle'' has nine separate editions for various regions of Queens. Every Thursday, new editions of the ''Chronicle'' are distributed at more than 950 locations throughout the borough A borough is an administrative division in various English-speaking countries. In principle, the term ''borough'' designates a self-governing walled town, although in practice, official use of the term varies widely. History In the Middle Ag .... , the ''Chronicle'' publishes nine different weekly papers with a total circulation of 160,000, reaching 400,000 readers. References External links * Publications established in 1978 Newspapers published ...
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Rego Park, Queens
Rego Park is a neighborhood in the borough of Queens in New York City. Rego Park is bordered to the north by Elmhurst and Corona, to the east and south by Forest Hills, and to the west by Middle Village. Rego Park's boundaries include Queens Boulevard, the Long Island Expressway, Woodhaven Boulevard, and Yellowstone Boulevard. There is a large Jewish population in the neighborhood, which features high-rise apartment buildings and detached houses, as well as a large commercial zone. Rego Park is located in Queens Community District 6 and its ZIP Code is 11374. It is patrolled by the New York City Police Department's 112th Precinct. Politically, Rego Park is represented by the New York City Council's 29th District and a small part of the 24th and 25th Districts. History Rego Park is built on lands originally part of the Leni Lenape Nation. Possibly inhabited by members of the Canarsee band. By 1653, though, English and Dutch farmers moved into the area and founded a communi ...
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Grand Concourse (Bronx)
The Grand Concourse (also known as the Grand Boulevard and Concourse) is a thoroughfare in the borough (New York City), borough of the Bronx in New York City. Grand Concourse runs through several neighborhoods, including Bedford Park, Bronx, Bedford Park, Concourse, Bronx, Concourse, Highbridge, Bronx, Highbridge, Fordham, Bronx, Fordham, Mott Haven, Bronx, Mott Haven, Norwood, Bronx, Norwood and Tremont, Bronx, Tremont. For most of its length, the Concourse is wide, though portions of the Concourse are narrower. The Grand Concourse was designed by Louis Aloys Risse, an immigrant from Saint-Avold, Lorraine, France. Risse first conceived of the road in 1890, and the Concourse was built between 1894 and 1909, with an additional extension in 1927. The development of the Concourse led to the construction of apartment buildings surrounding the boulevard, and by 1939 it was called "the Park Avenue of middle-class Bronx residents". A period of decline followed in the 1960s and 1970s, ...
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Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ...
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Private Label
A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by the firm that owns it, although in rare instances the brand is licensed to another company. The brand usually consists of products, but can also encompass services. Private labels typically involve outsourcing, in which company A hires company B to provide them with a product or service, which is then offered under a brand name of company A. This is how the term ''private label'' is usually defined. However, it is also possible that company A owns company B. For example, in 2018, The Kroger Company had 60% of its private brands produced by third parties; the remaining 40% was manufactured internally by plants owned by Kroger. Private-label producers are usually anonymous, sometimes by contract. In other cases, they are allowed to mention ...
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Designer Clothing
Designer clothing is expensive luxury clothing considered to be high quality and haute couture for the general public, made by, or carrying the label of, a well-known fashion designer. Brands Designer clothing is not always created by the founder of the company. For example, the actual designer of Chanel is not its original founder and designer, Gabrielle Chanel, but French designer Virginie Viard. The quality of the clothing and degree of its resemblance, if any, to the designer's work vary considerably depending on the licensee and the terms of the agreement the designer has struck. Some terms may limit the number of garment styles that may be produced, allowing the designer to veto any designs he or she finds unappealing. Examples include: * Armani * Alexander Wang * Balenciaga * Balmain * Berluti * Bottega Veneta * Burberry * Calvin Klein * Chanel * Céline * Christian Louboutin * DSquared2 * Diesel * Dior * Dolce & Gabbana * DOMREBEL * Escada * Fendi * Givenchy * Gucci ...
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Middle Class
The middle class refers to a class of people in the middle of a social hierarchy, often defined by occupation, income, education, or social status. The term has historically been associated with modernity, capitalism and political debate. Common definitions for the middle class range from the middle fifth of individuals on a nation's income ladder, to everyone but the poorest and wealthiest 20%. Theories like "Paradox of Interest" use decile groups and wealth distribution data to determine the size and wealth share of the middle class. From a Marxist standpoint, middle class initially referred to the 'bourgeoisie,' as distinct from nobility. With the development of capitalist societies and further inclusion of the bourgeoisie into the ruling class, middle class has been more closely identified by Marxist scholars with the term 'petite bourgeoisie.' There has been significant global middle-class growth over time. In February 2009, ''The Economist'' asserted that over half of the ...
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The Bronx
The Bronx () is a borough of New York City, coextensive with Bronx County, in the state of New York. It is south of Westchester County; north and east of the New York City borough of Manhattan, across the Harlem River; and north of the New York City borough of Queens, across the East River. The Bronx has a land area of and a population of 1,472,654 in the 2020 census. If each borough were ranked as a city, the Bronx would rank as the ninth-most-populous in the U.S. Of the five boroughs, it has the fourth-largest area, fourth-highest population, and third-highest population density.New York State Department of Health''Population, Land Area, and Population Density by County, New York State – 2010'' retrieved on August 8, 2015. It is the only borough of New York City not primarily on an island. With a population that is 54.8% Hispanic as of 2020, it is the only majority-Hispanic county in the Northeastern United States and the fourth-most-populous nationwide. The Bronx ...
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Brooklyn
Brooklyn () is a borough of New York City, coextensive with Kings County, in the U.S. state of New York. Kings County is the most populous county in the State of New York, and the second-most densely populated county in the United States, behind New York County (Manhattan). Brooklyn is also New York City's most populous borough,2010 Gazetteer for New York State
. Retrieved September 18, 2016.
with 2,736,074 residents in 2020. Named after the Dutch village of Breukelen, Brooklyn is located on the w ...
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The Bronx
The Bronx () is a borough of New York City, coextensive with Bronx County, in the state of New York. It is south of Westchester County; north and east of the New York City borough of Manhattan, across the Harlem River; and north of the New York City borough of Queens, across the East River. The Bronx has a land area of and a population of 1,472,654 in the 2020 census. If each borough were ranked as a city, the Bronx would rank as the ninth-most-populous in the U.S. Of the five boroughs, it has the fourth-largest area, fourth-highest population, and third-highest population density.New York State Department of Health''Population, Land Area, and Population Density by County, New York State – 2010'' retrieved on August 8, 2015. It is the only borough of New York City not primarily on an island. With a population that is 54.8% Hispanic as of 2020, it is the only majority-Hispanic county in the Northeastern United States and the fourth-most-populous nationwide. The Bronx ...
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