The Lease on 42nd Street
Closed mid-June 1995 · On stands late June 1995
The Front
Index of June
Downtown storefront vacancy rates nationwide, theater and arena lease terms in three cities, helicopter-tour hours logged over national parks this spring — and the six-figure sum a celebrity chef's new flagship restaurant reportedly cost to build out
The Essay
The Long Lease
A house essay on what a forty-nine-year commitment signals about a company's confidence in a city's future, drawn from lease deals in three downtowns — the boldest of them signed by a company betting a forty-nine-year lease looks cheap once the theater seats a hit
The Foreign File
Amsterdam's Quiet Experiment
Furniture on European drug policy, filed without urgency
The Feature Well
The Restaurant That Ate the Block
A profile of a celebrity-chef group's expansion into a mid-sized downtown, told through the rents it could suddenly afford to pay
The City
The Lease on 42nd Street
Disney Theatrical signs its 49-year lease on the New Amsterdam Theatre
Order Restored on Thirteenth Street
Riot police, a helicopter, and an armored vehicle clear two squatted buildings on East Thirteenth Street, filed as municipal order returning to a block
The Back
Books: Review of a new history of American downtown redevelopment · Art: June's regional auction circuit, briefly, with a line on the surprising price a talk-show host's private collection fetched at a benefit sale · Film: Summer preview, house style, with a note on the studio comedy already tracking for the summer's biggest opening weekend