“In affluent neighborhoods, it’s worse: at the height of the pandemic, in Williamsburg in Brooklyn and on the Upper West Side of Manhattan, for example, the median asking rent fell about 20 percent. Since January 2021 it has charged upward by about 40 percent in both places, according to StreetEasy. In SoHo the median rent jumped 58 percent in the fourth quarter — from $3,800 to $6,002… Behind the extreme hikes in rent is a rental market crunch driven in part by Covid expats flooding back, attracted once again to a revitalized city or recalled by office jobs.”
From “The New York Dream of Cheap Rent and No Roommates? It’s Over. The city is thriving, but many who scored a deal now face rent-renewal sticker shock. Rents rose 33 percent between January of 2021 and January this year, according to an online listing site” (NYT).
I found the first sentence of this article really alienating: “The hallmarks of feeling like you’ve made it in New York City are often as follows: navigating the subway sans map, a maitre d’ who knows you by name and living alone, at last, in your own apartment.”
I lived in NYC from 1973 to 1984 (and in the Fall 2007/Spring 2008 academic year) and I can say with certainty that I never gave a damn about a maitre d’ knowing me — by name or otherwise. And I’ve also never thought in terms of whether I’d “made it.” Are young people not young anymore? I’m old now, and I can’t identify with the oldness of the purported youngness expressed in that sentence. What an incredible drag!
ADDED: I was inspired to research “make it” in the OED. The original meaning of this phrase is nautical. To “make it” is to cover the intended distance. Then it got […]
They’re Trying to Shut Us Down
Over the last several months, I’ve lost count of how many times the powers-that-be have tried to shut us down. They’ve sent hackers at us, forcing us to take extreme measures on web security. They sent attorneys after us, but thankfully we’re not easily intimidated by baseless accusations or threats. They’ve even gone so far as to make physical threats. Those can actually be a bit worrisome but Remington has me covered.
For us to continue to deliver the truth that Americans need to read and hear, we ask you, our amazing audience, for financial assistance. We just launched a GiveSendGo page to help us pay the bills. It’s brand new so don’t be discouraged by the lack of donations there. It’s a funny reality that the fewer the donations that have been made, the less likely people are willing to donate to it. One would think this is counterintuitive, but sometimes people are skeptical because they think that perhaps there’s a reason others haven’t been donating. In our situation, we’re just getting started so please don’t be shy if you have the means to help.
Thank you and God bless!