Global Troubles - An excerpt from the book "The Creative Destruction of New York City"
page xii It wasn’t only my personal experience of living in New York City, both as a precarious visiting researcher and an irredeemable...
NYC Rents Rising Twice As Fast As Wages, Except for Wealthiest, Study Finds
Compounding the city’s affordability crisis: rents in the city rose twice as fast as wages, according to the analysis, which compared the...
Thousands of Bronx Rent Stabilized Apartments At Risk As NYC Begins Phasing Out Homeless Shelter Clu
Gothamist just reported that thousands of rent stabilized apartments in New York City―the overwhelming majority which are in The...
Annual count finds 40 percent increase in street homeless
An annual count of the city’s unsheltered population showed a 40 percent increase in homeless people on city streets, despite the efforts...
Report: Rents Rose, But So Did Poverty
In many of the neighborhoods targeted by the de Blasio administration for a rezoning, rising levels of rent are occurring simultaneous to...
East Harlem Rezoning could be boon for landlords
The city’s bid to rezone a large chunk of Harlem will increase the development potential of at least 50 properties owned by a motley...
Influx of high-priced rentals has pushed Manhattan’s median price up
May’s rental transactions of $15,000 or higher more than doubled compared to last year. An influx of new development rentals, and a large...
Vacant storefronts and shuttered venues plague the once-iconic Bleecker Street
It’s bleak on Bleecker St. for commercial stores. There’s an 18.4% vacancy rate along stretches of the well-known West Village street —...
How Google Street View documents a changing New York City
Think about where NYC was in 2007: it was pre-recession, but also before the so-called “eight digit boom”that led to the development of...
Report shows that residents are leaving Brooklyn en masse
Over the past two decades, Brooklyn has undergone more drastic changes than any other borough in New York. Rents have risen, commerce has...