21–30 of 153 posts
Is there some legal issue at play here that the article isn't drawing attention to? Why is it a better idea to leave a property vacant than to have a short-term tenant?
It became a ghost town because of the elites and their supporters like theatlantic. Manhattan now is just a place where people from the outer boroughs, nj, connecticut, etc come to work and then go home. For a city that pretends to "never sleep", it is just a dead city at night. Queens, brooklyn, etc is more lively and other cities around the world like prague, barcelona, seoul, tokyo, osaka, etc are far more vibrant…
Here's my opinion on what will happen on a longer time scale: Eventually the tourists will stop coming, because there are other parts of town with more atmosphere. Businesses will start moving out to other parts of town because of the cost of rent and lack of customers (due to no residents or tourists), and eventually the "city center" will defacto move. The only people who will lose out are the people who used it to…
I think this is sort of happening in NYC: The center of gravity is sort of moving to Brooklyn since it's cheaper, there's more space, it's more interesting, etc. And depending where you are, Manhattan is still very accessible. Obviously the key NYC tourist targets aren't moving, but anecdotally I am seeing an uptick of tourists in my 'hood. For what it's worth.
Is there some legal issue at play here that the article isn't drawing attention to? Why is it a better idea to leave a property vacant than to have a short-term tenant?
It became a ghost town because of the elites and their supporters like theatlantic. Manhattan now is just a place where people from the outer boroughs, nj, connecticut, etc come to work and then go home. For a city that pretends to "never sleep", it is just a dead city at night. Queens, brooklyn, etc is more lively and other cities around the world like prague, barcelona, seoul, tokyo, osaka, etc are far more vibrant…
Earlier quoted context omitted.
Sounds like you're discovering Marx independently?
Probably. I’ve only read parts of Capital, it’s too dense for me to make good headway on. I’m also heavily informed by the Anarchist Sociologist David Graeber’s book of “Bullshit Jobs, a Theory”. He points out that a significant percentage of jobs—he estimated 40%—don’t even serve an economic purpose, let alone a moral or social one. This is something that capitalism in theory should not allow, which is why I think w…
Is there some legal issue at play here that the article isn't drawing attention to? Why is it a better idea to leave a property vacant than to have a short-term tenant?
Landlords can take tax write-offs for empty properties, so they’re incentivized to sit on empty storefronts until the perfect long-term lease comes along rather than rent to a less ideal shorter-term tenant.
It became a ghost town because of the elites and their supporters like theatlantic. Manhattan now is just a place where people from the outer boroughs, nj, connecticut, etc come to work and then go home. For a city that pretends to "never sleep", it is just a dead city at night. Queens, brooklyn, etc is more lively and other cities around the world like prague, barcelona, seoul, tokyo, osaka, etc are far more vibrant…
We are seeing the same pressures and bland out in San Francisco
The earth is turning into a world of boring stale cookie cutter cities full of starbucks and mcdonalds.
Here's my opinion on what will happen on a longer time scale: Eventually the tourists will stop coming, because there are other parts of town with more atmosphere. Businesses will start moving out to other parts of town because of the cost of rent and lack of customers (due to no residents or tourists), and eventually the "city center" will defacto move. The only people who will lose out are the people who used it to…
I think this is sort of happening in NYC: The center of gravity is sort of moving to Brooklyn since it's cheaper, there's more space, it's more interesting, etc. And depending where you are, Manhattan is still very accessible. Obviously the key NYC tourist targets aren't moving, but anecdotally I am seeing an uptick of tourists in my 'hood. For what it's worth.
Here's my opinion on what will happen on a longer time scale: Eventually the tourists will stop coming, because there are other parts of town with more atmosphere. Businesses will start moving out to other parts of town because of the cost of rent and lack of customers (due to no residents or tourists), and eventually the "city center" will defacto move. The only people who will lose out are the people who used it to…