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Glen Cove, Long Island
Glen Cove is a city in Nassau County, on the North Shore of Long Island, New York, United States. The city's population was 28,365 at the time of the 2020 census. Of Nassau County's five municipalities, Glen Cove is one of two that are cities, rather than towns – the other being Long Beach. Glen Cove was considered part of the affluent, early 20th-century Gold Coast of Long Island, as the properties located along the area's waterfront were initially developed as large country estates by wealthy entrepreneurs and businessmen (such as J.P. Morgan, Phipps, Pratt, and Prybil). Historically, with the onset of the Industrial Revolution, Glen Cove blossomed in the areas of manufacturing, agriculture and local retail, all of which were operated and staffed by a diverse workforce. The local opportunities—for potential business owners, entrepreneurs, and those seeking employment—attracted numerous immigrants from Europe, largely from Ireland, Italy, and Eastern Europe. Since th ...
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City (New York)
The administrative divisions of New York are the various units of government that provide local government, local services in the American New York (state), state of New York. The state is divided into boroughs of New York City, boroughs, counties, cities, towns, and villages. (The only boroughs, the five boroughs of New York City, have the same boundaries as their respective counties.) They are municipal corporations, chartered (created) by the New York State Legislature, as under the Constitution of New York, New York State Constitution the only body that can create governmental units is the state. All of them have their own governments, sometimes with no paid employees, that provide local services. Centers of population that are not incorporated and have no government or local services are designated Administrative divisions of New York (state)#Hamlet, hamlets. Whether a municipality is defined as a borough, city, town, or village is determined not by population or land are ...
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Eastern Standard Time
The Eastern Time Zone (ET) is a time zone encompassing part or all of 23 states in the eastern part of the United States, parts of eastern Canada, and the state of Quintana Roo in Mexico. * Eastern Standard Time (EST) is five hours behind Coordinated Universal Time ( UTC−05:00). Observed during standard time (late autumn/winter in the United States and Canada). * Eastern Daylight Time (EDT) is four hours behind Coordinated Universal Time ( UTC−04:00). Observed during daylight saving time (spring/summer/early autumn in the United States and Canada). On the second Sunday in March, at 2:00 a.m. EST, clocks are advanced to 3:00 a.m. EDT, creating a 23-hour day. On the first Sunday in November, at 2:00 a.m. EDT, clocks are moved back to 1:00 a.m. EST, which results in a 25-hour day. History The boundaries of the Eastern Time Zone have moved westward since the Interstate Commerce Commission (ICC) took over time-zone management from railroads in 1938. The ...
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Charles Pratt
Charles Pratt (October 2, 1830 – May 4, 1891) was an American businessman. Pratt was a pioneer of the U.S. petroleum industry, and he established his kerosene refinery Astral Oil Works in Brooklyn, New York. He then lived with his growing family in Clinton Hill, Brooklyn. He recruited Henry Huttleston Rogers, Henry H. Rogers into his business, forming Charles Pratt and Company in 1867. Seven years later, Pratt and Rogers agreed to join John D. Rockefeller's Standard Oil. An advocate of education, Pratt founded and endowed the Pratt Institute in Brooklyn, now a renowned art college. He and his children built country estates in Glen Cove, New York, which became known as the North Shore (Long Island), Gold Coast in the 1920s on the North Shore of Long Island, New York, Long Island. In 1916, Standard Oil had a steamship tanker, the first of its class, built at Newport News, Virginia, and it was named in honor of Pratt. Early life and education Charles Pratt was born in Wilbraham, ...
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Phipps Family
The Phipps family of the United States is a prominent American family that descends from Henry Phipps Jr. (1839–1930), a businessman and philanthropist. His father was an English shoemaker who immigrated in the early part of the 19th century to Philadelphia, Pennsylvania, before settling in Pittsburgh. Phipps grew up with Andrew Carnegie as a friend and neighbor. As an adult, he was Carnegie's business partner in the Carnegie Steel Company and became a very wealthy man. He was the company's second-largest shareholder and also invested in real estate. After selling his stock in Carnegie Steel, Phipps became a leading advocate of housing for the poor and a major philanthropist. He embraced the principle that those who have achieved great wealth should give back for the public good and create institutions dedicated to that purpose. Phipps and his wife Anne had five children: Amy, John S., Helen, Henry Carnegie, and Howard. Business activities In 1907, Phipps established the Be ...
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Entrepreneurship
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entrepreneur () is an businessperson, individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards. The process of setting up a business is known as "entrepreneurship". The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, often similar to a small business, or (per ''Business Dictionary'') as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a Profit (accounting), profit". The people who create these businesses are often referred to as "e ...
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Country Estate
An estate is a large parcel of land under single ownership, which generates income for its owner. British context In the United Kingdom, historically an estate comprises the houses, outbuildings, supporting farmland, tenanted buildings, and natural resources (such as woodland) that surround the gardens and grounds of a very large property, such as a country house, mansion, palace or castle. It is the modern term for a manor, but lacks a manor's now-abolished jurisdiction. Country house estate The "estate" formed an economic system where the profits from its produce and rents (of housing or agricultural land) sustained the main household, formerly known as the manor house. Thus, "the estate" may refer to all other cottages and villages in the same ownership as the mansion itself, covering more than one former manor. Examples of such great estates are Woburn Abbey in Bedfordshire, England, and Blenheim Palace, in Oxfordshire, England, built to replace the former manor house ...
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Wealth
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. A person possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various people in different contexts.Denis "Authentic Development: Is it Sustaina ...
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Long Beach, New York
Long Beach is an oceanfront city in Nassau County, New York, United States. It takes up a central section of the Long Beach Barrier Island, which is the westernmost of the outer barrier islands off Long Island's South Shore. As of the 2020 Census, the city's population was 35,029. The City of Long Beach was incorporated in 1922, and is nicknamed "The City by the Sea" (the Latin form, ''Civitas ad mare'', is the city's motto). The Long Beach Barrier Island is surrounded by Reynolds Channel to the north, east and west, and the Atlantic Ocean to the south. In 2022, Long Beach was named one of the best East Coast towns for a summer getaway by '' Time Out'' magazine. History Pre-settlement The city of Long Beach's first inhabitants were the Algonquian-speaking Lenape, who sold the area to English colonists in 1643. From that time, while the barrier island was used by baymen and farmers for fishing and harvesting salt hay, no one lived there year-round for more than two c ...
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Town
A town is a type of a human settlement, generally larger than a village but smaller than a city. The criteria for distinguishing a town vary globally, often depending on factors such as population size, economic character, administrative status, or historical significance. In some regions, towns are formally defined by legal charters or government designations, while in others, the term is used informally. Towns typically feature centralized services, infrastructure, and governance, such as municipal authorities, and serve as hubs for commerce, education, and cultural activities within their regions. The concept of a town varies culturally and legally. For example, in the United Kingdom, a town may historically derive its status from a market town designation or City status in the United Kingdom, royal charter, while in the United States, the term is often loosely applied to incorporated municipality, municipalities. In some countries, such as Australia and Canada, distinction ...
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City
A city is a human settlement of a substantial size. The term "city" has different meanings around the world and in some places the settlement can be very small. Even where the term is limited to larger settlements, there is no universally agreed definition of the lower boundary for their size. In a narrower sense, a city can be defined as a permanent and Urban density, densely populated place with administratively defined boundaries whose members work primarily on non-agricultural tasks. Cities generally have extensive systems for housing, transportation, sanitation, Public utilities, utilities, land use, Manufacturing, production of goods, and communication. Their density facilitates interaction between people, government organisations, government organizations, and businesses, sometimes benefiting different parties in the process, such as improving the efficiency of goods and service distribution. Historically, city dwellers have been a small proportion of humanity overall, bu ...
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Administrative Divisions Of New York (state)
The administrative divisions of New York are the various units of government that provide local services in the American state of New York. The state is divided into boroughs, counties, cities, towns, and villages. (The only boroughs, the five boroughs of New York City, have the same boundaries as their respective counties.) They are municipal corporations, chartered (created) by the New York State Legislature, as under the New York State Constitution the only body that can create governmental units is the state. All of them have their own governments, sometimes with no paid employees, that provide local services. Centers of population that are not incorporated and have no government or local services are designated hamlets. Whether a municipality is defined as a borough, city, town, or village is determined not by population or land area, but rather on the form of government selected by the residents and approved by the New York State Legislature. Each type of local gover ...
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Long Island
Long Island is a densely populated continental island in southeastern New York (state), New York state, extending into the Atlantic Ocean. It constitutes a significant share of the New York metropolitan area in both population and land area. The island extends from New York Harbor eastward into the ocean with a maximum north–south width of . With a land area of , it is the List of islands of the United States by area, largest island in the contiguous United States. Long Island is divided among four List of counties in New York, counties, with Brooklyn, Kings (Brooklyn), Queens, and Nassau County, New York, Nassau counties occupying its western third and Suffolk County, New York, Suffolk County its eastern two-thirds. It is an ongoing topic of debate whether or not Brooklyn and Queens are considered part of Long Island. Geographically, both Kings and Queens county are located on the Island, but some argue they are culturally separate from Long Island. Long Island may ref ...
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