\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

A NYC is Det

https://harpers.org/archive/2018/07/the-death-of-new-york-ci...
Nighttime nibblets
  06/18/18
"As New York enters the third decade of the twenty-firs...
razzmatazz business firm
  06/18/18
"We have been almost a parody of multiculturalism on ou...
Nighttime nibblets
  06/18/18
OTOH, libs have zero interest in this kind of diversity, so ...
awkward legend
  06/18/18
There was a strong romantic notion of NYC as a diverse group...
Nighttime nibblets
  06/18/18
Yep, and banks. Author is right about some good things that ...
awkward legend
  06/18/18
“Not long ago a rent-stabilized building would sell for ten ...
bateful nursing home
  06/18/18
Welcome to the free market
effete yapping dilemma really tough guy
  06/18/18
This is not free market though, there are a set of rules, th...
bateful nursing home
  06/18/18
Less than half the apartment rentals in NYC are free market.
purple razzle orchestra pit old irish cottage
  06/18/18


Poast new message in this thread



Reply Favorite

Date: June 18th, 2018 7:36 AM
Author: Nighttime nibblets

https://harpers.org/archive/2018/07/the-death-of-new-york-city-gentrification/

RIP OPERA

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264045)



Reply Favorite

Date: June 18th, 2018 7:38 AM
Author: razzmatazz business firm

"As New York enters the third decade of the twenty-first century, it is in imminent danger of becoming something it has never been before: unremarkable. It is approaching a state where it is no longer a significant cultural entity but the world’s largest gated community, with a few cupcake shops here and there. For the first time in its history, New York is, well, boring."

Lmao

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264050)



Reply Favorite

Date: June 18th, 2018 7:41 AM
Author: Nighttime nibblets

"We have been almost a parody of multiculturalism on our little street. Black and white, Hispanic and Asian; straight, gay, and transgender; families of all kinds—extended, adopted, arranged by convenience or design. Protestant, Catholic, Jewish, Hindu, Sikh, Buddhist. I would come home and see the daughters of our Sikh mailman, before they grew up, playing baseball in the halls. In the evening, I sat at my desk in a little space, in this building cubbyholed with other little spaces and held together by what was once described as “a hundred years of spit and dust,” and felt as though I were poised over the center of the world. Beneath me I could hear a hive of dinnertime conversations carried on in half a dozen languages, smell cooking that came from all over the world, hear someone ringing a gong and repeating a Buddhist chant."

OH WHAT A UTOPIA IT WAS!!!

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264060)



Reply Favorite

Date: June 18th, 2018 7:47 AM
Author: awkward legend

OTOH, libs have zero interest in this kind of diversity, so maybe there's something to it

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264067)



Reply Favorite

Date: June 18th, 2018 7:53 AM
Author: Nighttime nibblets

There was a strong romantic notion of NYC as a diverse group of people collectively scraping by in tight confines working towards hard fought dreams in a city full of quirky places and characters. Those places are now Duane Reades.

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264076)



Reply Favorite

Date: June 18th, 2018 7:57 AM
Author: awkward legend

Yep, and banks. Author is right about some good things that were lost. I'm sure all his ideas for setting things right are terrible

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264086)



Reply Favorite

Date: June 18th, 2018 8:17 AM
Author: bateful nursing home

“Not long ago a rent-stabilized building would sell for ten or at most twelve times its rent roll—the amount of money, before expenses, that it generates in a year,” wrote journalist Michael Greenberg in a meticulous analysis that appeared in last August’s New York Review of Books. “Today it sells for perhaps thirty or forty times that amount, or ten times what the rent roll would be after regulated tenants have been dislodged.”

Confirms what I had long thought. The kick out rent stabilized tenants by any means necessary is caked into the buy price. Oddly this makes these buildings a profitable buy only for those sociopathic enough to systematically root out tenants. There are some protections but it is basically fill steam ahead to de rent stabilized nyc.

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264129)



Reply Favorite

Date: June 18th, 2018 9:00 AM
Author: effete yapping dilemma really tough guy

Welcome to the free market

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264229)



Reply Favorite

Date: June 18th, 2018 9:12 AM
Author: bateful nursing home

This is not free market though, there are a set of rules, that few play by, that some get in trouble for breaking and others don't and it's all a big bizzare mess

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264270)



Reply Favorite

Date: June 18th, 2018 9:13 AM
Author: purple razzle orchestra pit old irish cottage

Less than half the apartment rentals in NYC are free market.

(http://www.autoadmit.com/thread.php?thread_id=4004472&forum_id=2#36264274)