When Gansevoort Market Fed the City and Its Ocean Liners
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On August 8, 1848, an Act of Congress played a significant role in shaping
the landscape of New York City’s commerce and infrastructure: it granted
part ...
2 days 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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