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So the Fifth Avenue store was being closed because "real estate values are escalating much more rapidly than were department store sales and profits," he added.
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"Yes, we are escalating.
Attacks on American troops are escalating.
Hostilities between Europhiles and Eurosceptics are escalating.
And the fights are escalating across Western Europe.
Protests in Sudan are escalating.
These things are escalating exponentially.
Rates of chronic disease are escalating around the world.
The strategic value of data is escalating.
The global economy is starting to reach its ecological limits and, as ecological economists have anticipated, the value of natural resources is escalating.
"There are some pretty good rental bargains around Orange County, and values are not escalating like they were in the 1980s," said Larry Webb, president of Irvine-based Laing Homes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com