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The Brian Lehrer Show
Street Value
Thursday, September 06, 2007
Lockhart Steele, publisher of the weblog Curbed, talks New York real estate every Thursday in September. This week, has New York escaped the national housing slump?
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Comments
ok....here's the biggest headline in real estate news, it's a big scoop:
real estate is too damn expensive in NYC and it is only getting worse. In manhattan you pay $2400 for a crummy "modern" one bedroom that looks and feels like a mid price hotel room? are you kidding me?
anything else you could possibly write about real estate in NYC pales in comparison to this simple fact, unless you are a millionaire or are willing to move WAAAAY north or into completely inaccessible areas.
lockhart, do you think the plans for dozens of towers from the williamsburg bridge up to the top of greenpoint will come to fruition any time soon?
will tens of thousands of 700k condos be sustainable?
My guess: Trustfunder with superficial expertise. Self-presumed spokesperson for whom? The consumer-shopper-generic flux that invaded the LES after 911 that bought property that exploited the situation and now thinks he knows it all. How long has this guy been in New York 5 years?
i am writing in regards to the state of low income housing. namely younger people with wealthy families, i.e trust funds or family money, purchasing units in low income apartment buildings, which they are able to do because as they themselves are 'technically' low income. this is a hugely concerning issue, which begs the question are there no checks in place to insure that low income housing actually goes to low income people?
i believe this issue warrants further exploration.
I think it's important to discuss race and the displacement of immigrant, and other marginalized communities in this discussion. It seems no one ever discusses these matters as it seems the ones discussing just see it from one p.o.v. and are more interested int eh superficial discussion of how the physical landscape is changing rather than discussing the unfair and racist actions taken by landlords and even supers within these now coveted neighborhoods. I am from Washington Heights, born and raised, and i am seeing my neighborhood change in a really disgusting way. This neighborhood allowed my parents to come to this country and make a life for themselves and their children; now immigrants from particularly the Dominican Republic, cannot even imagine calling this place home anymore. Where are we to go? Seems no one cares......
Was this a re-run? Gutter's been dead for almost a year. Oh how I miss it.
Real estate is New York is not a joke, it's a blood sport. Trying to change residences in New York is one of the most soul-destroying experiences you can have. Nothing will make your complete worthlessness more immediately apparently to you than a three minutes with a real estate agent in New York City.
PS Janny-- I hear ya.
Like they do with New Jersey farms, I suggest the city support NYC institutions like Second Ave. Deli, and bits of Coney Island --
This would preserve bits of the city as little museums, for future generations to see that once, the city was not just bankers, banks and tourists.
Would be interested in seeing profiles of people buying and renting in 212 who are not millionaires. Can't imagine.
surreal estate. period.
This thread is closed.
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