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The Chained Consumer Price Index C-CPI-U, a chained index, has been introduced. The C-CPI-U tries to mitigate the substitution bias that is encountered in CPI-W and CPI-U by employing a Tornqvist formula and utilizing expenditure data in adjacent time periods in order to reflect the effect of any substitution that consumers make across item ...
The Upper East Side, sometimes abbreviated UES, is a neighborhood in the borough of Manhattan in New York City, bounded approximately by 96th Street to the north, the East River to the east, 59th Street to the south, and Central Park and Fifth Avenue to the west. [4]
The neighborhood is named for the hill that "stood at what became 70th Street and Park Avenue." [3] The name "Lenox" is that of the immigrant Scottish merchant Robert Lenox (1759-1839), [11] who owned about 30 acres (120,000 m 2) of land "at the five-mile (8 km) stone", reaching from Fifth to Fourth (now Park) Avenues and from East 74th to 68th Streets. [12]
The Sherry-Netherland is a 38-story [1] apartment hotel located at 781 Fifth Avenue on the corner of East 59th Street in the Upper East Side neighborhood of Manhattan in New York City. It was designed by Schultze & Weaver with Buchman & Kahn. [4] The building is 560 ft (170.7 m) high and was the tallest apartment-hotel in New York City when it ...
After eight years of renovations, New York’s 93-year-old grande dame is finally reopening its gilded doors (Plan ahead: reservation lines for spring 2025 and onwards open on December 10.)
The Upper West Side (UWS) is a neighborhood in the borough of Manhattan in New York City. It is bounded by Central Park on the east, the Hudson River on the west, West 59th Street to the south, and West 110th Street to the north.
However, from December 1982 through December 2011, the all-items CPI-E rose at an annual average rate of 3.1 percent, compared with increases of 2.9 percent for both the CPI-U and CPI-W. [28] This suggests that the elderly have been losing purchasing power at the rate of roughly 0.2 (=3.1–2.9) percentage points per year.
The Mark Hotel is a luxury hotel, situated at 25 East 77th Street, at Madison Avenue, on the Upper East Side of Manhattan, New York City. [1] Originally constructed in 1927 in the Renaissance Revival style, the building was purchased by Izak Senbahar of Alexico Group and Simon Elias in 2006 and the building's interiors were reimagined by French designer Jacques Grange in 2009.