Rio Increases Budget For '16 Olympics Phelps Coming Out Of Retirement Concerns Over Rio Olympics Prep Mounting USOC Hopes To Narrow '24 Bid List IOC's Bach Appoints New Commission Heads USA Luge Elects 11-Person BOD Details Emerge About Rio Games Golf Fields L.A. Increases Efforts For '24 Games Bid Report Shows Boston Could Feasibly Host Olympics U.S. Bid City For '24 Games Expected By Year's End
Upcoming Conferences and Events
VENDORS GET WORST OF BOTH WORLDS: HEAT, NO HUMANITY
Published July 23, 1996
There are a number of reports this morning on the fallen expectations of merchants and street vendors in Atlanta. In Philadelphia, Larry Copeland reports that parking-garage owners who had advertised rates of $50 a day "were gladly accepting $7" and that business owners on Auburn Avenue (where Martin Luther King is buried) claimed that ACOG reneged on a deal to close the avenue to traffic and turn it into a pedestrian mall (PHILA. INQUIRER, 7/23). Donald Ratajczak, Dir of Georgia State Univ.'s economic-forecasting center, said businesses ignored the "displacement factor" in that visitors are merely replacing the locals. Roger Tuttertow, Chair of Economics at Kennesaw State Univ.: "People who thought they were going to make a killing were probably a little on the naive side" (WALL STREET JOURNAL, 7/21). In Atlanta, Ronald Smothers reports business is "slow to spotty," with taxi drivers "among the few to cash in so far" due to "glitches and overcrowding" in the transportation system (ATLANTA CONSTITUTION, 7/23).