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Right - this is familiar to New York City residents but anyone unfamiliar with the local politics needs a primer. NYC does a lot of crazy stuff like this - it’s
by zxcvbn4038 7y ago
Right - this is familiar to New York City residents but anyone unfamiliar with the local politics needs a primer. NYC does a lot of crazy stuff like this - it’s usually a thinly disguised cash grab. The Strand is a relatively huge chunk of real estate in a hipster part of town, this is probably someone’s scheme to force them out - wait until the press has died down then suddenly the sidewalk and facade inspectors show up, next thing you know there are tens of thousands of dollars in repairs that need to be done, and strand is forced to close since they’ll never find a like space to relocate to.
- acjohnson55 7y agoYou often receive tax breaks when you own a landmark property to compensate for the increased difficulty and higher standard of maintenance, as well as the fact that you're effectively providing a public service. Many historic towns have an equivalent status. Why do you say it's a cash grab for the city? I could be wrong, but I don't believe the city receives any revenue for this. Also, I wouldn't really describe NoHo as a hipster area. It's basically a commercial zone,albeit sandwiched in between two areas that might be considered hipster (East Village and Greenwich Village).
- threatofrain 7y agoIt's a cash grab if there's sufficient coordination for a pareto efficiency.