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New York has always been expensive, but retailers over indexing on physical locations both on Bleecker and uptown on Madison and Fifth Avenues took prices to tr
by L_Rahman 9y ago
New York has always been expensive, but retailers over indexing on physical locations both on Bleecker and uptown on Madison and Fifth Avenues took prices to truly unsustainable levels.
I'm looking forward to a cool off in the CRE space and a slightly smaller one in the residential space.
- thrownblown 9y agoau contraire mon frère, back in the 90's you could buy a whole tenement building for a dollar[0][1] [0]https://en.wikipedia.org/wiki/ABC_No_Rio#Recent_legal_struggles https://en.wikipedia.org/wiki/ABC_No_Rio#Recent_legal_strugg... [1]https://en.wikipedia.org/wiki/C-Squat#Founding https://en.wikipedia.org/wiki/C-Squat#Founding
- L_Rahman 9y agoI'm a child of the 90s so I hope you'll accept my apology for looking at this problem through a rather narrow lens :) Trying to widen it by reading Caro's Power Broker and Jacobs's Life and Death of American Cities.