Looking Backwards - The Thursday Post From The 365 Bars Blog! - This Week,
January 11, 2010 - Bar Number One: Otto’s Shrunken Head
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*Okay, we’re doing a little adjustment here, I was doing posts from the
MBIP past on Thursdays to free up a little time for me to work on my
upcoming bo...
6 hours ago
3 comments:
I guess we'll never know if it was greed or necessity that caused the rent to escalate. Had the theatre been there long?
I realize, of course, that landlords have to do more than break even. If only they were able to project into the future a bit they might be able to see the value in taking a bit of a loss for a little while in order to reap reward later; both for themselves and the community.
it was greed... and that little store front is now an expensive boutique - one of several expensive shops that has lived at that address..... hmmm....
Penny Arcade described gentrification best in the early 1990s to the NY Times - "killing the golden goose who laid the golden egg..."
Ah, E. 11th St. What a start!
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