Adam Hasler looks like a footloose millennial. He’s worked as a model, waited tables, and lived all over the world. But at 28, there’s more to his résumé than meets the eye. advertisement advertisement He earned a dual degree in history and international relations at American University. After graduating, he and two partners–boosted by a $10,000 stake from his parents and an investment from a local restaurateur–took over the coffeehouse where he had worked since age 19: Modern Times, inside the Politics and Prose bookstore, a beloved Washington, D.C., institution. “I was 22 and naive,” he says now. “We got our asses handed to us.” Still, working 16-hour days for weeks on end, “living on cookies and beer,” Hasler and his partners increased the shop’s revenue in three years from less than $200,000 to $500,000. Stacy Brown-Philpot, 36 1997 First job: Pricewaterhouse-Coopers 1999 Second job: Goldman … [Read more...] about The Four-Year Career
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The extra-large architectural complex–art museums, libraries, office complexes–built so prolifically over the past decade are commonly described as expressions of civic pride. They might just as easily be called grandiose expressions of runaway prosperity and municipal vanity. Whatever you call them, shrinking government revenue and newly parsimonious corporate donors have combined to bring the curtain down on mega-projects. Welcome to the post-big epoch. advertisement advertisement Nothing signals the death of an era more conclusively than academic post-mortems. On Saturday the Cooper Union held an all-day conference, “Arrested Development,” to discuss the dubious fate of mega-projects. Point of debate: Are projects like the Atlantic Yards in Brooklyn and sustainable neighborhoods like the Beddington Zero Energy Development in England (above) beneficial or harmful to surrounding communities? Like many such mega-projects, Atlantic Yards would … [Read more...] about The Post-Big Era: Will Small-Scale Ingenuity Replace Large-Scale Architecture?
The Trump administration’s efforts to deregulate industry, enforce Muslim bans, oppose abortion, and deny climate change have inspired a new charitable term. It’s dubbed “rage philanthropy”–when you’re giving is aimed at protecting whatever basic rights and values the president trivializes. advertisement advertisement Here’s one example: When Trump announced his Muslim travel ban in late January, rage philanthropists countered by donating $24 million to the ACLU in a single weekend, a sum that grew to $79 million during the first three months after the inauguration, according to Newsweek. There are plenty of others. After Trump’s first 100 days in office, nonprofit evaluator Charity Navigator reported a huge increase in donations to progressive groups including the ACLU (up 8,000%), Southern Poverty Law Center (up 1,400%) and Planned Parenthood (up 1,000%) along with the American Refugee Committee and Environmental … [Read more...] about Philanthropy In 2017 Saw The Rise Of Trump-Powered Giving
Tenants in the Atlantic Plaza Towers apartment complex in New York’s Brownsville neighborhood were fighting to prevent their landlord, Nelson Management Group, from installing facial recognition technology to open the front door to their buildings, calling it an intrusion of their privacy. This week, they succeeded—the group reversed the decision. advertisement advertisement More than 300 residents filed a complaint with the state to block the application in January, voicing fears that the proposed installation is a result of the pressures of gentrification in Brooklyn, with landlords hoping to attract higher-income, white tenants to the majority-black building that contains affordable housing units. The Atlantic Plaza Towers tenants’ success could have wider implications for landlords across the city experimenting with facial recognition technology in their buildings. San Francisco became the first U.S. city to ban government agencies and police from using … [Read more...] about How we fought our landlord’s secretive plan for facial recognition—and won
Nostalgia and pride are powerful motivators for philanthropy, which are how college endowments at the nation’s elite universities got as large as they are today. While thinking back fondly of your alma mater is common enough, now an ambitious new fundraising initiative is testing whether the same attitudes be harnessed to raise money for an institution that needs the cash even more: the New York City housing projects. advertisement advertisement “I take great pride in the fact that I’m a wonderful American dream story,” says Jeff Levine, a wealthy real estate developer who lives on Long Island with his wife and kids–a far cry from where he grew up. Recently, he got to take his children on a field trip to his stomping grounds as a child: his old apartment at Linden Houses in Brooklyn’s East New York neighborhood. Public housing is very different today than it was in the late 1950s and early 1960s when Levine resided there. At the time, … [Read more...] about Will Housing Project “Alumni” Give Back To A Crumbling System?