Quote:
Originally Posted by austlar1
I don't disagree. I am old enough to recall when many hotels built in the run up to the Great Depression ended up serving out the remainder of their shelf life as SRO units. This was common in both large and smaller US cities well into the 1980s. Seems hard to imagine, but so do a lot of other things these days.
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yes, some sro's were even left until the start of the 2000s in nyc.
i would not doubt some of these new hotels can be converted to sro's as in the past.
i really do not know why that practice lost favor. while undesirable, its always been a step up from homelessness. as nyc became wealthy and popular again after its 70s-80s decline, they all got shut down. and of course nowadays we see more people on the street than we used to, so a shame really.
there is current talk of using some of the closed hotels for covid cases and for homeless. i dk if its actually happened, i think maybe a bit?
most will probably just try to ride it out though until they can reopen. and for now throw a few illegal and idiotic covid rooftop parties to pay some bills, etc.