photo by flickr user paytoncThe National Trust for Historic Preservation announced that New York City's Lower East Side, famous for it's history of tenements and slums, is one of 11 architectural, cultural, and natural heritage sites that are most at risk "for destruction or irreparable damage." … [Read more...]
Rent Control Part 1: Microeconomics Lesson & Hoarding
This post has been released as the first in a four part series: Rent Control Part One: Microeconomics Lesson and Hoarding Rent Control Part Two: Black Market, Deterioration, and Discrimination Rent Control Part Three: Mobility, Regional Growth, Development, and Class Conflict Rent Control Part … [Read more...]
NY Gov. Patterson’s Rent-Stabilized Apartment in Harlem
NY Sun: Paterson Pays A Stabilized Rate of Rent The governor of New York pays about $1,250 a month for a two-bedroom, rent-stabilized apartment in central Harlem, even while owning a home upstate in Guilderland and having unfettered access to the 40-room Governor's Mansion in Albany.Governor … [Read more...]
Private Streets in Brooklyn?
This isn't some crazy proposal, they have been private since the 20's and 30's. It seems there are advantages and disadvantages. You don't have to worry about street parking when you own the street, but you have to hire your own contractor to make repairs. My main concern is that those homeowners … [Read more...]
Release Us From Rent Regulation
Curbed: Rent-Stabilzation War: Tenants Strike BackNew York Times: Questions of Rent Tactics by Private Equity Rent-regulated apartments account for 57 percent of the total in the Bronx, 42 percent of the apartments in Brooklyn, 59 percent in Manhattan, 43 percent in Queens and 15 percent of … [Read more...]
Urgent: Kanye West May Die Without This Condo
It's a beautiful project. I sure hope he gets his condo! Wouldn't it be great if more entertainers joined in the fight to allow urban density instead of other silly stuff?Kanye's Blog: HAVE YOU EVER SEEN SOMETHING SO GOOD YOU THOUGH YOU'D DIE WITHOUT IT?More articles on HL23 on … [Read more...]
“Change” Not Welcome in Harlem: Neighbors Cause Commotion as Harlem Rezoning Passes
Limousine Liberals aren't the only ones who oppose change. In Harlem, neighbors fought to keep new people out of their neighborhood, and want to force gentrification upon other neighborhoods. In the process they created such a stir at Wednesday's Council session, they had to be cleared out.It's … [Read more...]
Abolition of Density Restrictions Would be Great for NYC In The Long Run
Tyler Cowen of Marginal Revolution asks a great question: How good would the abolition of zoning in New York City be? He argues that zoning restrictions prevent Manhattan from being a "forest of skyscrapers" such as Sao Paulo.Many of Manhattan's skyscrapers are much taller than typical Sao Paulo … [Read more...]