“The test of a first-rate
intelligence,” wrote F. Scott Fitzgerald, “is the ability to hold two opposed
ideas in the mind at the same time, and still retain the ability to function.”
A reader of the New York Times last month may have
recognized this theorem at work in the calculated publishing of three articles
about city real estate.
A Sunday front page piece,
“Sky
High and Going Up Fast: Luxury Towers Take New York,” draws attention to
the development boom of “ultraluxury” residential skyscrapers in Manhattan. The article follows the construction of an
84-story tower on Park Ave and 56th Street by developer Harry
Macklowe, destined to become the “tallest residential building in the Western
hemisphere.” Reporters of news love the
superlative like the ape loves the banana.
And the superlative, though a statement of extraordinary number, can
always draw from a surplus of bananas.
“There are only two
markets,” says architect Rafael Viñoly, “ultraluxury and subsidized housing.”
Manhattan is a pathological self-determinator, and may today
operate as simply an island of business towers and the towers where the people
who work in those towers live and have families or live before they have
families and move out of New York. A grid of expected livelihood, that to make
New York attractive it must seem to be one step behind you, when in stark
sublime horror one barely sees the city’s footprints, really and compulsively,
ahead… tracked by street posters, press releases, and articles in culture
magazines.
The Times less plugs the new wave of ultraluxury than it draws
attention to the staggering numbers involved:
$95 million for the penthouse of 432 Park Avenue… “contracts for nearly $1 billion worth of
apartments…. Total sales are expected to surpass $3 billion for a building that
will cost about $1.25 billion to complete…” and that “median family income in
the city had fallen 8 percent since 2008…”
Pedestrians thinking of
creamcheese bagels and morning coffee and pacing the daily commute view and hear the
racket of steelworkers and look up to find the tidy psychedelia of sheer
splitchsplatch skyscrapers.
The closing paragraph
notes the “lavish marketing campaign” behind the Park Ave. supertower,
involving distribution of “an oversize glossy magazine” and “a short film that
places the tower in the context of classic images,” including an appearance by
Harry Macklowe dressed as King Kong.
This last
appropriation of New York City myth seems
especially misapprehended, since Kong was an out-of-towner brought to Manhattan against his
will to perform on Broadway. Kong was
not properly fed and separated from his paramour, Ann Darrow, so naturally
broke from his chains to eat people, destroy property, and with the pretty Ann in
his arms climb to the top
of the world’s tallest building, which Kong mistook for a romantic safe
haven akin to the mountaintop hideouts on Skull Island. Harry Macklowe might then watch out for the
impending attack of the US Air Force.
According to the New York Times
it ain’t beauty that killed the beast but the beast beauty...
A few days after
the ultraluxury piece, The Gray Lady published tweely on
Manhattan
“micro-apartments.” “Gulliver
Seeks Rental: The Newfound Fascination With Tiny Dwellings” depicts
Manhattanites living in dwellings less than 100 square feet, with refrigerators
under desks and shoes stored with the dishes.
Some residents have made YouTube videos giving tours of these
“Lilliputian” quarters which garnered millions of hits, and sometimes led to
eviction as evidence of illegal subletting.
It is a human interest story about humans acting humanly to inhuman
conditions.
Mention is made
of an initiative
by the Mayor’s office to build 250-370 square foot prefab “micro-unit” apartments
for low and middle income New Yorkers in the East 20s. People want to live in Manhattan that bad, or just would never live
anywhere else, but clearly can’t afford it.
Why not offer a shoebox in which to make livelihood, noting the “robust
market” for features such as “generous 9’-10” floor-to-ceiling heights” and “Juliette
balconies,” sounding like a passage in Edith Wharton.
Some weeks later a profile occurs in the Home section by a “writer in New York City" who reminisces when she was “in her twenties” and moved to the city eager to buy a place. She settles on a 260 square foot apartment in Park Slope for $169,000. One wonders when writers in their twenties ever moved to New York zealous to buy real estate.
The author installs a
Murphy bed she sees featured on Oprah.
She enters her living space into “teeny-tiny” competions, like Apartment
Therapy’s “Small Cool” contest. The
piece brims with quaintness.
New York squeezes people out by the devices of either money
or crime. People go back to Pittsburgh or get a house in Jersey
in desperation because they are sick of the fear of getting mugged everytime
they leave the house. This was the New York of cops shot by the Black Liberation Army, Bella
Abzug living in the Upper Westside, The Dictators and crack and the building of
the World Trade Center.
Otherwise, New Yorkers hit the road because they are sick of attacks by the bank, the Dept. of Taxation and Finance, the restaurant menu, the price of alcohol and cigarettes, tailors, health insurance, movie tickets...
Otherwise, New Yorkers hit the road because they are sick of attacks by the bank, the Dept. of Taxation and Finance, the restaurant menu, the price of alcohol and cigarettes, tailors, health insurance, movie tickets...
The Rent Guidelines Board
is set to raise the rents on rent-stabilized dwellings. The
increases are based
on informative housing research reports. In
2011, the average rent-stabilized rent collected by landlords was $1,016. Excluding “Core Manhattan” south of 110th Street
where rents are highest, the average was $943.
Landlords and management companies are belabored by rising costs like
any average schmuck. But the RGB reports
that revenues exceed costs, and that buildings typically earn a bottomline “net
operating income” of $400. a month.
These numbers are determined by the annual Price Index of Operating Costs,
which show building costs like Fuel Oil and Insurance have risen almost 6%, or
about the proposed max
range of a one-year lease renewal. Tenants objected when public hearings on the increase were cancelled in the outer boroughs. The sole meeting took place in Core Manhattan, and was attended by three mayoral candidates.
As a way to
phase out prior homeless initiatives like Work Advantage and Section 8, “cluster-site
contracts are on track to cost the city $59.8 million in the current fiscal
year. The approach is a way of dealing with the surge in shelter population,
which was nearly 49,000” in May, 45% higher than May 2002.
It does not
appear that the program is saving the city money, and City Limits cites numerous instances of cluster-site buildings tallying
up hundreds of building violations. "Though landlords who participate in
the cluster-site program can make significantly more than from rent-stabilized
tenants, it doesn’t necessarily mean they take better care of their buildings
and reduce housing violations…"
Read the details
of the issue at Bronx
Bureau.
Ultraluxury,
microapartments and cluster-site buildings serve to bullet point the realities,
or ultra-realities, of living in New
York City in accordance with one’s available budget
and the valve of options upon the city’s housing map. From the penthouse of an ultraluxury
skytower, all buildings look like clusters of microapartments.
Glassine quadrangles super-installed for work
and play; a character defined by absence of
characters. Manhattan is perceived as an island of the very
rich and the very poor, maybe not by the survey of the
individual, but the bright light scorch of the general.
F.
Scott Fitz again, “One should, for example, be able to see that things are
hopeless and yet be determined to make them otherwise…” For example, Beastie Boy yuppie Mike D. and filmmaker wife showing off their new Cobble Hill apartment in the Times, a mawkish affront to any bohemian character left in the city while shamelessly validating the infestation of artless art-barnaclers whose personal and professional lives are never without quotation marks... they "live in Brooklyn..."