By living above 800 feet, Estis and Enkin are two members of an unexpectedly exclusive group in Manhattan. In my estimation, no more than 40 people currently live above that line, scattered among just three buildings...
As my elevator descended and my ears popped, it occurred to me that I would almost certainly never take in such a view again. And in fact, maybe nobody will, if these apartments wind up becoming empty investments. — The New York Times
In this elegantly observed and exquisitely written piece, Jon Ronson not only takes in the view of Manhattan at 800+ feet with visits to Trump World Tower, One57 and 8 Spruce Street, but looks toward the future of a nation divided by an increasingly intractable wealth gap.Real estate of the...
For years now, people have been talking about the insulated world of the top 1 percent of Americans, but the top 20 percent of the income distribution is also steadily separating itself — by geography and by education as well as by income.
This self-segregation of a privileged fifth of the population is changing the American social order and the American political system, creating a self-perpetuating class at the top, which is ever more difficult to break into. — the New York Times
"Geographic segregation dovetails with the growing economic spread between the top 20 percent and the bottom 80 percent: The top quintile is, in effect, disengaging from everyone with lower incomes."In related news:Urban fingerprints reveal a city's fundamental character and compositionBuying...
Protestors against low-income housing demolition are not just fighting for their homes, but often for their ability to stay in London at all. The small amount of “affordable” housing being discussed as a replacement is really a figleaf. — citylab.com
Among this new breed of towers, design elements not directly tied to profit are often downgraded or eliminated as overall costs climb. [...] With today’s mathematically generated super-spires, it’s best to paraphrase Mae West: “Architecture has nothing to do with it.”
[...] much as the new super-tall New York condos may serve that same general purpose, these are no works of art. If, as Goethe posited, architecture is frozen music, then these buildings are vertical money. — The New York Review of Books
To put that number in perspective, these folks make up the upper 0.002 percent of the world’s 7 billion inhabitants and hold over $20 trillion of its money. — 6sqft
"Of course these so-called 'poor doors' are shocking, but they are a symptom, not the problem," says Michael Edwards, senior lecturer at the Bartlett school of planning at UCL. "We've simply stopped building proper social housing, and until that's addressed then fiddling around with front-door arrangements is like rearranging deck chairs on the Titanic." — theguardian.com
New York City is moving forward with a proposal that calls for a new high-rise apartment complex to feature separate doors for wealthy tenants and those living in the building’s affordable housing unit.
While wealthy residents will be able to enter the building from its designated front entrance, affordable housing tenants will be required to go in through a back alley.
A mandatory affordable housing plan is not license to segregate lower-income tenants from those who are well-off. — RT
Today we call those changes “inequality,” and inequality is, obviously, the point of the McMansion. The suburban ideal of the 1950s, according to “The Organization Man,” was supposed to be “classlessness,” but the opposite ideal is the brick-to-the-head message of the dominant suburban form of today. — salon.com
A "snob zone" is a place that uses restrictive zoning in a residential area to keep certain types of housing -- and therefore people -- out, says Lisa Prevost. Prevost’s book, Snob Zones: Fear, Prejudice, and Real Estate, comes out today and focuses on several towns in the Northeast [...].
For instance, one zoning law considered by the town would require people to have a minimum lot size of four acres in the town. — marketplace.org
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