New York Apartments, Art Top Gold as Stores of Wealth, Says Fink – Bloomberg Business

Gold’s traditional role as a store of wealth has been usurped by contemporary art and apartments in cities such as New York and London, according to Laurence D. Fink, head of the world’s biggest asset manager. “Historically gold was a great instrument for storing of wealth,” the chairman of BlackRock Inc. said at a conference…

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L.A. spends $100 million a year on homelessness, city report finds – LA Times

Los Angeles spends more than $100 million a year coping with homelessness, including as much as $87 million that goes to arrests, skid row patrols and mental health interventions, according to a report released Thursday. City librarians, recreation and parks, sanitation and paramedics also devote significant resources to handling homeless people, without clear guidelines or…

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This West Side House Is For Sale for the First Time in 36 Years – Tuesday Townhouse – Curbed NY

A five-bedroom, 2.5-bathroom townhouse on West 101st Street has hit the market for the first time in almost 40 years. Owned by artist Annette Oko, whotook over the deed in 1978, the house is part of a group of six sister brownstones on the block and, according to the brokerbabble, has appeared in movies such as the The Chosen and Woody Allen’s Shadow and…

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California Screaming – The New Yorker

In San Francisco’s “culture war,” both sides espouse oddly similar-sounding values. Credit Illustration by Christian Gralingen In the spiritual geography of San Francisco, Davies Symphony Hall—a glass-and-concrete half rotunda much resembling R2-D2’s neckline—sits between hills steep with layered mansions and the urban basin where the city’s gritty elements now rest. John Adams’s “Harmonielehre” premièred here;…

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Pro-density renters group grows, snags tech giant CEO gift – San Francisco Business Times

Start Component ID: 4471 – Article Page: Video Player Main Asset End Component ID: 4471 – Article Page: Video Player Main Asset Start Component ID: 146 – Article Page: Image Gallery Begin Photos Enlarge Photo Jin Lee / Bloomberg News Jeremy Stoppelman, chief executive officer of Yelp Inc., speaks during an interview at the New…

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David Copperfield’s Rooftop Swimming Pool Bursts & Floods Midtown Apt. Building: Gothamist

Copp on Copp (Getty Images) David Copperfield, arguably the most successful magician in the world this side of The Gothic Castle, may be dealing with his toughest audience ever right now: furious Manhattan neighbors. According to the Post, Copperfield’s penthouse swimming pool in his East 57th Street apartment spontaneously burst and flooded his apartment, as…

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The Folly of Santiago Calatrava’s WTC Station — NYMag

He was commissioned to design an architectural extravagance at ground zero. He succeeded, an accomplishment that threatens to destroy his reputation. Photo: Jacqueline Roberts HTML COMPONENT MARKUP BEGIN Santiago Calatrava was commissioned to design an architectural extravagance at ground zero. He succeeded, an accomplishment that threatens to destroy his reputation. HTML COMPONENT MARKUP END Santiago…

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Outcry Over Pink Sculpture Intersects With Broader Questions in Long Island City – NYTimes.com

When New York City’s cultural czars revealed the choice of a new piece of public art for Long Island City late last year, the response was swift and withering. Residents of the Queens neighborhood and others lit into the proposal — an eight-foot-long reclining human form painted vibrant pink — saying it was too bright,…

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