Homelessness burns while condos fizzle (Metro NY)

Yes, “Condos Fizzle While Homelessness Burns” would have made a better Nero reference, and it’s what I suggested originally, but character counts are a harsh mistress. In any case, read on about how New York is facing a simultaneous housing glut and housing shortage:

To see one of the dilemmas facing New York in the post-Wall Street economy, just turn on “Top Chef.” When the gourmet gang gets sloshed between challenges, the balcony buy propranolol online australia they’re lounging on belongs to 20 Bayard Street in Greenpoint: one of many apartment towers that have sprung up around McCarren Park to sell overpriced condos to wannabe hipsters — only to see the housing boom go bust, making a temporary rental to chefs look like a good deal.

If construction cranes marked the New York of the ’00s, vacant luxury buildings could be emblematic of the ’10s… [read more]