Quote:
Originally Posted by NYguy
That article was posted before, but as for as the comments, it's exactly as expected, nothing telling or surprising about it at all there. Luxury will ALWAYS be a part of New York City. People will always resent that. Nothing changes.
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I didn't see much evidence of "resentment" in the reader comments, though open displays of extreme wealth seem more evident these days than in past recent times -- whether it's luxury cars, mansions, or high-rise apartments.
Many people are rightfully troubled that, other than as an architectural curiosity, the super-tall condos add little if anything to the fabric of the city. This is especially egregious when the units are used mainly as a cottage (or simply an investment) by people who have no interest or ties to the neighbourhood or the city more generally. This is obviously not exclusively a New York problem -- just look at what's happening in London, Toronto, Vancouver, and other desirable (and very expensive) cities.