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The partners, whose general partners hired Laventhol because of its expertise as a consultant to the lodging industry, contend that the accounting firm's projections about room and occupany rates were unrealistically optimistic and that the firm underestimated by millions of dollars the amount of renovation and modernization that the property needed.
It represents the strides of modernization that the British presence unfurled in Bahrain in the 1960s.
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Revenue from the tax supported a $322 million highway modernization that narrowed the Fort Washington Way expressway between the river and the central business district.
Following the deaths of these two masters, and against the technological and social modernization that followed the Meiji Restoration of 1868, ukiyo-e production went into steep decline.
If you swoon at mountain vistas, architectural details and thoughtful modernization that maintains the glamour and integrity of the past while utilizing current trends, you may want to bring a suitcase.
The Third Land Reform is driven by an official discourse of "modernization" that deems the endogenous rural-urbanization as backward (not modern).
"The E.U. assumes a concept of modernization that incorporates the economy as well as politics and society," she said.
She was afraid the dropcloths and paint cans she noticed on a return trip would mean the same kind of modernization that had denuded the lobby of the Adlon.
Despite the modernization that has taken place, the monastery still has historical value.
In the end, it is not military efforts but modernization that will sweep the Taliban aside.
For almost two hundred years, Americanization in Europe has been synonymous with modernization — that's why the Statue of Liberty stands in New York Harbor, as a gift of the Third French Republic, the fraught state that appeared after Louis-Napoleon's Second Empire failed.
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