It prevented Fifth Avenue from becoming Wall Street. That means a shift from single-family houses and businesses to apartments and office buildings. It also reinforced a social hierarchy; for while we rode the same elevators, those who rode higher lived above the fray. Elisha Graves Otis, who perfected the elevator in Yonkers, helped usher in terraces and corner offices, high-rise apartments and rooftop clubs. So, what would New York be like without elevators? Even when the elevator raised the roof to 12 stories, developers faced a threat greater than technology — snobbery. Even in , when the Dakota opened on the Upper West Side the first apartment building geared to the rich , it was assumed the wealthy would rather live closer to the ground. How could they be expected to interact with the rabble?
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Arrow icon New digs, fewer parties and a dash of uncertainty — will they come? But because of an identity crisis of sorts. This year, Pennsylvania Society is getting a forced, albeit temporary, makeover. Further breaking with tradition: Pennsylvania Society has for years been held on the second weekend in December. Such disruption of tradition and routine has been disorienting.
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Despite fierce opposition from high-tax states when the idea was first floated, the Trump administration is pushing ahead with the repeal, which would remove state and local income and property taxes as deductions on federal returns. The perk — first enacted with the income tax in — is most heavily used in coastal, bluer states that include New York, California, New Jersey and Connecticut. But it would also slam high-income New Yorkers.
Deductions would remain for mortgage interest and charitable contributions. The administration and GOP tax committee leaders will release the plan Wednesday. Tax brackets will be whittled down to just three: But the income levels for the brackets will be decided by the congressional committees. The top tax rate now is The death tax and alternative minimum tax would be repealed, along with most itemized deductions.
New York congressional Republicans had pleaded with Trump to retain the tax break over concerns it would hit New Yorkers hard and amount to an unfair double tax. Dan Donovan and Peter King, they could amass enough opposition to sink the proposal in the House.
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Continue reading the main story New York could find inspiration overseas. Another major city with an even older — although smaller — subway system is also confronting soaring ridership: It is further along in its ambitious effort to modernize its signals and has emerged as a global leader in how to upgrade an aging subway, offering lessons to New York and other cities.
London has installed a computerized signal network on four of its 10 main subway lines, and work is underway on four more. A second line, the No. Credit Kevin Hagen for The New York Times In New York, the plans have been hobbled by an anemic schedule for upgrading tracks, a struggle to secure necessary funding and logistical challenges on a system that never stops running. Officials have also been reluctant to anger riders by closing stations to do the work.
It took about a decade to complete the signal network on the L line, and work on the No. Confronted with infrastructure dating to the s and a vast system of stations the most of any subway in the world , officials are forced to decide which projects to prioritize with limited financing. Though many New Yorkers believe that Mayor Bill de Blasio runs the subways, the agency is, in fact, controlled by Gov. Transit advocates say the agency must pour more money into signal work and accelerate the schedule.