How the Billionaire Class Destroys Cities

17 03 2021

We though we’d reblog this post as it relates to this striking art show about how the Hudson Yards project in NYC is a wrecking ball for the east portion of the city.

See
Deborah Natsios: Hudson Yard Collateral

James Howard Kunstler wrote about it also – Behold, “The Vessel,” designed by one Thomas Heatherwick for the gigantic Hudson Yards apartment project on Manhattan’s West Side 


 


flying cuttlefish picayune

Robert Fitch and Peter Kwong – The Assassination of New York

“The story of how the richest city in the world became one of the poorest in North America, with a new introduction by Peter Kwong

How did New York City come to be a network of steel towers, banks, and nail salons, with chain drugstores on every block—a place where, increasingly, no one can afford to live except the lords of Wall Street and foreign billionaires, and where more and more of the Big Apple’s best-loved businesses have closed their doors? It didn’t start with Michael Bloomberg—or with Robert Moses. As Robert Fitch meticulously demonstrates in this eye-opening book, the planning to assassinate New York began a century ago, as the city’s very richest few—the Morgans, the Mellons, and especially the Rockefellers—looked for ways to maximize the value of their real estate by pushing Gotham’s vibrant and astonishingly varied manufacturing sector…

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17 03 2021
flyingcuttlefish

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