Friday, March 29, 2013

NYC's Luxury Housing Market (Atlantic Cities)

"In New York, luxury ghost apartments have been steadily proliferating, with certain parts of Manhattan especially devoid of life According to a 2011 New York Times article, in the chunk of the Upper East Side where the Chinese woman bought her little girl a future dream home, “about 30 percent of the more than 5,000 apartments are routinely vacant more than 10 months a year.” Census figures from 2010 show that since 2000, there was a 70 percent increase in absentee-owned apartments in Manhattan, which jumped from 19,000 to 34,000, with the wealthiest neighborhoods seeing even more pronounced gains."

... More evidence that Manhattan has become a Luxury escape pod for the World's superweathly and their spoiled offspring.

Friday, March 22, 2013

Chicago tackles the next big challenge in urban ag: Growing farmers (Grist)

"A new, seven-acre urban “accelerator farm” taking root on Chicago’s south side will soon grow one of the Windy City’s most-needed crops: farmers."
CHA residents marginally better off than when living in high-rises (Chicago Tribune)

"Public housing residents in Chicago are marginally better off today than when they lived in the high-rise towers that have since been torn down, though more social services are needed to prevent a backslide, a study scheduled to be released Monday finds."
"Opportunity Areas:" Long-Term Strategic Vision (City of Chicago)

"As part of a holistic and strategic vision to foster and seize upon growth and development in neighborhoods across Chicago, Mayor Rahm Emanuel today announced nearly $3 billion in private and public development projects in seven targeted Chicago neighborhoods through a new “Opportunity Planning” initiative. The neighborhoods include Englewood, Pullman, Rogers Park, Uptown, Little Village, Bronzeville, and the Eisenhower Corridor."
A Short Lesson in Perspective (The SF Egoist)

"The creative industry operates largely by holding ‘creative’ people ransom to their own self-image, precarious sense of self-worth, and fragile – if occasionally out of control ego. We tend to set ourselves impossibly high standards, and are invariably our own toughest critics. Satisfying our own lofty demands is usually a lot harder than appeasing any client, who in my experience tend to have disappointingly low expectations. Most artists and designers I know would rather work all night than turn in a sub-standard job. It is a universal truth that all artists think they a frauds and charlatans, and live in constant fear of being exposed. We believe by working harder than anyone else we can evaded detection. The bean-counters rumbled this centuries ago and have been profitably exploiting this weakness ever since. You don’t have to drive creative folk like most workers. They drive themselves. Just wind ‘em up and let ‘em go."

Friday, March 15, 2013

A Brief History of Suburbia's Rise & Fall (Eric Jaffe, Atlantic Cities)

"All told, these movements resulted in behaviors of avoidance ("the determination to escape the vice, disease, ugliness, and violence of the city") and attraction ("the desire to embrace the virtue, health, beauty, and seclusion of the countryside") that combined to form suburban culture."

Tuesday, March 12, 2013

Saving Chicago Greystones (WBEZ)

"Greystones are to Chicago what brownstones are to Brooklyn. And while many of these stately, limestone-faceted beauties line the grassy boulevards of wealthy North Side neighborhoods, many others exist in a state of neglect, disrepair or abandonment."


Tuesday, March 5, 2013

[Down-sizing Baby Boomers] could cause the next Housing Crises (Emily Badger, Atlantic Cities)

"A vast majority of today’s households with children still want such houses, Nelson says. But about a quarter of them want something else, like condos and urban townhouses. That demand "used to be almost zero percent, and if it’s now 25 percent,” Nelson says, “that’s a small share of the market but a huge shift in the market.” And this is half of the reason why many baby boomers may not find buyers for their homes. “Even if the numbers matched,” Nelson says, “the preferences don’t.”

Saturday, March 2, 2013

An endangered piece of history beneath Lake Michigan's surface (Julia Thiel, The Reader)

"Today that boiler is still visible from the beach, a boxy metal structure rising a few feet above the top of the water. From the shore it's easy to mistake for a rock or chunk of concrete, and for years I saw it without giving it a second thought. Last August, on a bike ride with a friend, I passed the concrete blocks that separate the beach from the Lakefront Trail and noticed a sign colorfully markered on a dry-erase board: SHIPWRECK TOURS 10:30-NOON, FREE."