Posted on 04/19/2003 5:09:10 PM PDT by MadIvan
When Goldman Sachs, Wall Street's most powerful investment bank, decided to build itself a new skyscraper it also planned a fast new road to its door.
It reckoned, though, without Andy Diakos and the thousands of customers who eat at his old-fashioned Flamingo diner, which stood in the path of the proposed road.
In an upset tagged the Big Fat Greek Diner for its echoes of the hit film My Big Fat Greek Wedding, the local authorities last week prevented the demolition of the Flamingo.
Instead, they told the bank that its 6,000 besuited employees who are to occupy the 800ft tower must struggle through traffic, or walk from the local stations, like everybody else.
The story, like Nia Vardolos's film, has struck a powerful chord in New York, playing on traditional themes of family values immigrant hard work.
"I came from Greece to America to work hard for a better life and for 35 years I have been in this kitchen seven days a week. To take it from me would be a great injustice. Now I am saved, I feel like a new man!" said Mr Diakos, 59.
The new Goldman Sachs building towers over a financial district being built in Jersey City, across the Hudson River from the site of the World Trade Center. Leading Wall Street companies have been lured to downmarket "Jersey" by low corporate taxes, cheaper land prices and lower rents.
Goldman's plans for its new tower entailed flattening Mr Diakos's four-storey redbrick building - a scruffy leftover of the original waterfront - to make way for a four-lane approach road to its new headquarters.
Jersey City drew up a compulsory purchase and demolition order and offered $1.5 million (£1 million) for the Flamingo. But Mr Diakos, his extended family and customers from the old dockyard area decided that some things were worth more than money.
Mr Diakos's three daughters, Kalliope, 30, a graduate of the London School of Economics who works in television, Joanna, 28, and Maria, 27, hired a lawyer and organised a protest. Twelve thousand residents signed a petition and hundreds crowded into planning meetings to make their voices heard.
Joan Colletti, 53, a social worker, summed up the mood of residents as she tucked into moussaka at the Flamingo. "This is the heart of the community, and while people in Wall Street might not notice, there is a community here," she said. "This is the only place we have left for good food at low prices, any time of the day or night."
Mayor Glenn Cunningham finally got the message. Last week, he announced that he was lifting the demolition order. Goldman Sachs workers would instead have to negotiate a system of one-way streets to reach their office.
"I've listened to the people. God bless the Flamingo and may she fly for ever," he said. "I'm pretty sure Goldman Sachs would have preferred the building to go down. But I've checked their voting address - and they don't vote in Jersey City."
A spokesman for Goldman Sachs said that the company was unruffled by the change of plan. Privately, however, its executives have a different message.
"This smacks of political opportunism," one said. Another said: "They should get real: 6,000 people are going to try to get to work in that building and this will create a safety problem in the streets they will have to use."
To Kalliope, such complaints miss the point. She had watched her parents work around the clock to build up a business with loyal customers and make a modest fortune.
"All my father ever wanted to do was to go on running the Flamingo. It is because of his hard work that we could do all that," she said.
Mr Diakos, surrounded by a family of women whose chatter with the customers is a part of his diner's allure, prefers to toss burgers and stuff cabbage in the background, and keep his thoughts to himself.
Why had he refused the $1.5 million which could have provided a comfortable retirement and an end to his 16-hour days? "Money? I don't mind so much for the money, but all my life I wanted something, a business, to leave to my daughters, and it is here," he said.
When Goldman Sachs announced it was moving, it was a coup for New Jersey. It is considered Wall Street's leading investment bank and when it was publicly floated in 1999 its partners received a record-breaking windfall.
Gavyn Davies, now the chairman of the BBC, was then its chief international economist and saw his shares valued at £100 million.
The present recession, which caused the bank's profits to fall eight per cent last year, prompted a characteristic response: Goldman Sachs fired 2,900 staff.
.
Yes - I saw that
But had not figured it out yet
The arrows are not quite like a mouse
How far does one click move your cursor?
Guess it can be hard to get in the exact spot but you have to to open other webpages. I have to click on a tiny X up in the right corner to close pages.
.
There are 4 arrow keys at the lower right corner of my wireless WebTV keyboard
They will scroll a bit at a time up and down or move the cursor in any of the 4 directions
I have 2 speed scroll keys
Scroll Up
Scroll Down
To scroll all the way up :
Shift + Scroll Up
or
Cmd + Scroll Up
To scroll all the way down :
Shift + Scroll Down
or
Cmd + Scroll Down
To change page :
Back key
or
Recent key and select from images of last 12 pages or images
It bugged my sister until she got used to it - esp. the smaller keyboard size than a PC
Now the wireless keyboard controlling a big TV as monitor and typing from across the room in a really comfy chair is OK for her
Only tricky spot to click on is the door on that ‘55 Chevy Cameo PU
I suppose I thought it went in increments, like tap, tap, tap to go each direction.
.
No - It is not that controllable
I thought of adapting a wireless mouse
But doubt it would be compatible and be a waste of time and money
You need to find out if it would be compatible.
A wireless mouse can be pretty cheap and you would be amazed at the control you would have to just move all over the screen.
.
I recently saw a MSFT IR mouse on Amazon - which often has some outrageously low prices
I’ll have to give Norbert in RI a yell
He would likely now if it would work and how to rig it without getting MSN all upset about my trickenknowledgy
They can be bought pretty cheap now. Naturally the best ones are higher. Is there a place to plug in a wired one? Even that would be great.
.
No input on my WebTV Plus receiver for a mouse
If a wireless mouse would work - it would send IR signals to the WebTV’s IR
The diner owner may have been insulted.
$1.5 million for a man’s life’s work? From Goldman Sachs?
Total insult...their execs take vacations that cost more than that.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.