The inevitable...
C, originally uploaded by DavidGardinerGarcia.
It feels inevitable. It seems all of New York that was once old, sturdy, beautiful, full of history and a
It's especially interesting when this push for new buildings becomes very literally destructive - in this case the crane that ripped through the apartments and lives of a few East Side tenants. The New York Times published a follow-up story today illustrating what's wrong with the New York real estate situation:
'Given the perverse logic of Manhattan real estate, the crane accident, a symbol of runaway development in New York, may end up paving the way for even more of it. “The landlord has no motivation to do repairs when he could tear a building down and build a highly profitable office tower instead,” says Adam Leitman Bailey, the lawyer for Crave Ceviche Bar.'
And so it goes. Property owners are extremely influential and hold much power over the future and culture of a city. And with money it seems as their sole motivator, our neighborhoods and our values do not stand a chance.





