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Lord And Taylor
Lord & Taylor was the oldest brick and mortar department store in the United States, in business from 1826 to 2020. The brand was purchased during former owner Le Tote's 2020 liquidation bankruptcy and relaunched by new owner, Saadia Group, as an online retail operation in the fall of 2022. History Under the Lord family, 1824–1916 English-born Samuel Lord started a dry goods business in New York City in 1824 and opened the original store that would become Lord & Taylor in 1826, on Catherine Street in what is now Two Bridges, Manhattan. The shop stocked hosiery, misses' wear, and cashmere shawls. His wife's cousin, George Washington Taylor, joined in 1834, and the store was named Lord & Taylor. The store continued to grow: it annexed 49 Catherine Street in 1832 and moved six years later to 61–63 Catherine Street. James S. Taylor, Lord's brother-in-law, replaced George Taylor in 1845. The company erected a new building at Grand and Chrystie Streets in 1853 and moved into that ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Broadway (Manhattan)
Broadway () is a road in the U.S. state of New York (state), New York. Broadway runs from State Street (Manhattan), State Street at Bowling Green (New York City), Bowling Green for through the Boroughs of New York City, borough of Manhattan and through the Bronx, exiting north from New York City to run an additional through the Westchester County, New York, Westchester County municipalities of Yonkers, New York, Yonkers, Hastings-on-Hudson, New York, Hastings-On-Hudson, Dobbs Ferry, New York, Dobbs Ferry, Irvington, New York, Irvington, and Tarrytown, New York, Tarrytown, and terminating north of Sleepy Hollow, New York, Sleepy Hollow.There are four other streets named "Broadway" in New York City's remaining three boroughs: one each in Brooklyn (Broadway (Brooklyn), see main article) and Staten Island, and two in Queens (one running from Astoria, Queens, Astoria to Elmhurst, Queens, Elmhurst, and the other in Hamilton Beach, Queens, Hamilton Beach). Each borough therefore has ...
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The New York Sun
''The New York Sun'' is an American online newspaper published in Manhattan; from 2002 to 2008 it was a daily newspaper distributed in New York City. It debuted on April 16, 2002, adopting the name, motto, and masthead of the earlier New York paper, '' The Sun'' (1833–1950). It became the first general-interest broadsheet newspaper to be started in New York City in several decades. Its op-ed page became a prominent platform in the country for conservative viewpoints. From 2009 to 2021 ''The Sun'' operated as an (occasional and erratic) online-only publisher of political and economic opinion pieces, as well as occasional arts content. Following acquisition from Dovid Efune in November 2021, ''The New York Sun'' has returned to full-time online publication since 2022. ''The New York Sun'' claims to be the heir of '' The Sun'', a successful broadsheet newspaper published in New York City from 1833 until 1950. History ''The Sun'' was founded by a group of investors including p ...
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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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Forsyth Street
Forsyth Street runs from Houston Street south to Henry Street in the New York City borough of Manhattan. The street was named in 1817 for Lt. Colonel Benjamin Forsyth. Forsyth Street's southernmost portion, south of Canal Street, runs parallel to the Manhattan Bridge in Chinatown. On the east side of the block from East Broadway to Canal Street, a number of so-called “Chinatown buses” (operated by different companies) start their routes to cities across the East Coast of the United States, including Boston, Philadelphia, and Washington, D.C. On the west side of this block, a greenmarket operates in the shadow of the bridge. Forsyth Street is interrupted north of Canal Street for one block due to a 20th-century schoolhouse, now housing Pace University High School and I.S. 131, built on the former route. From there it runs parallel to Chrystie Street that lies to its west, with Sara D. Roosevelt Park separating the two. Starting in October 2008, the parallel parking lane o ...
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Fifth Avenue
Fifth Avenue is a major and prominent thoroughfare in the borough of Manhattan in New York City. It stretches north from Washington Square Park in Greenwich Village to West 143rd Street in Harlem. It is one of the most expensive shopping streets in the world. Fifth Avenue carries two-way traffic from 142nd to 135th Street and carries one-way traffic southbound for the remainder of its route. The entire street used to carry two-way traffic until 1966. From 124th to 120th Street, Fifth Avenue is cut off by Marcus Garvey Park, with southbound traffic diverted around the park via Mount Morris Park West. Most of the avenue has a bus lane, though not a bike lane. Fifth Avenue is the traditional route for many celebratory parades in New York City, and is closed on several Sundays per year. Fifth Avenue was originally only a narrower thoroughfare but the section south of Central Park was widened in 1908. The midtown blocks between 34th and 59th Streets were largely a residential ...
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Panic Of 1873
The Panic of 1873 was a financial crisis that triggered an economic depression in Europe and North America that lasted from 1873 to 1877 or 1879 in France and in Britain. In Britain, the Panic started two decades of stagnation known as the "Long Depression" that weakened the country's economic leadership. In the United States, the Panic was known as the "Great Depression" until the events of 1929 and the early 1930s set a new standard. The Panic of 1873 and the subsequent depression had several underlying causes for which economic historians debate the relative importance. American inflation, rampant speculative investments (overwhelmingly in railroads), the demonetization of silver in Germany and the United States, ripples from economic dislocation in Europe resulting from the Franco-Prussian War (1870–1871), and major property losses in the Great Chicago Fire (1871) and the Great Boston Fire (1872) helped to place massive strain on bank reserves, which, in New York City ...
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Newspapers
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th ...
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Ladies' Mile Historic District
The Ladies' Mile Historic District was a prime shopping district in Manhattan, New York City at the end of the 19th century, serving the well-to-do "carriage trade" of the city. It was designated in May 1989, by the New York City Landmark Preservation Commission to preserve an irregular district of 440 buildings on 28 blocks and parts of blocks, from roughly 15th Street to 24th Street and from Park Avenue South to west of the Avenue of the Americas (Sixth Avenue). Community groups such as the Drive to Protect the Ladies' Mile District and the Historic Districts Council campaigned heavily for the status. The Ladies' Mile Historic District contains mostly multi-story store and loft buildings. These buildings became common after 1899 when laws prohibited combined home and production areas without a permit, causing people who had previously worked at home to seek commercial spaces; the rise of unions which advocated for better working conditions also contributed to the development. ...
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20th Street (Manhattan)
The New York City borough of Manhattan contains 214 numbered east–west streets ranging from 1st to 228th, the majority of them designated in the Commissioners' Plan of 1811. These streets do not run exactly east–west, because the grid plan is aligned with the Hudson River, rather than with the cardinal directions. Thus, the majority of the Manhattan grid's "west" is approximately 29 degrees north of true west; the angle differs above 155th Street, where the grid initially ended. The grid now covers the length of the island from 14th Street north. All numbered streets carry an East or West prefix – for example, East 10th Street or West 10th Street – which is demarcated at Broadway below 8th Street, and at Fifth Avenue at 8th Street and above. The numbered streets carry crosstown traffic. In general, but with numerous exceptions, even-numbered streets are one-way eastbound and odd-numbered streets are one-way westbound. Most wider streets, and a few of the narrow ...
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Cast-iron Architecture
Cast-iron architecture is the use of cast iron in buildings and objects, ranging from bridges and markets to warehouses, balconies and fences. Refinements developed during the Industrial Revolution in the late 18th century made cast iron relatively cheap and suitable for a range of uses, and by the mid-19th century it was common as a structural material (and sometimes for entire buildings), and particularly for elaborately patterned architectural elements such as fences and balconies, until it fell out of fashion after 1900 as a decorative material, and was replaced by modern steel and concrete for structural purposes. Structural use Cast iron is not a good structural material for handling tension or bending moments because of its brittleness and relatively low tensile strength compared to steel and wrought iron. However, cast iron does have good compressive strength and was successfully used for structural components that were largely in compression in well-designed bridges and b ...
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Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lot ...
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