Residents of largely non-white neighborhoods in New York City were far more likely to receive a subprime loan than those in largely white neighborhoods, regardless of the borrower’s race, according to a new study from NYU’s Furman Center. The study, which controlled for differences in income and loan amounts, found that African-American borrowers living in… [Read more…]
November 16, 2009
It wasn’t all doom and gloom at Friday’s premiere of “The End of Poverty?” at Village East Cinemas. The film, which traces the origins of global poverty back to the Age of Exploration, offers a reason for hope: things might soon get so bad that the impoverished will rise up in armed rebellion. The documentary,… [Read more…]
November 4, 2009
The New York Public Library’s Young Lions benefit party Monday night got off to an innocuous start. Library donors in their 20s and 30s gathered under the glass dome of the Bartos Forum in the main branch at 42nd Street, avoiding the dance floor while the DJ spun hits from their youth (Whitney Houston, etc.).… [Read more…]
November 3, 2009
“For me, a legend is someone I look up to and I respect and admire, and I guess I’m not there yet for myself,” said designer Marc Jacobs humbly on Thursday, Oct. 29, at the Pratt Institute Legends award benefit, where he was one of the evening’s honorees. “Just because they give me this prize… [Read more…]
November 19, 2009
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