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Old 07-17-2018, 08:51 AM
 
3,211 posts, read 1,100,735 times
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Originally Posted by Moth View Post
Strikes me as plausible though. If a planned fire is what stands in the way of getting out of a crumbling tenement into a bland but modern project, well ....
Seeming plausible is what makes urban legends. It plays on our fears or resentments. That is how they get into our culture. I don't buy it. Its sounds more like something a enemy of support payments would make about the City paying to relocate a family. Sort of like these people on welfare have brand new sneakers. Not saying people did not do it occasionally but those people would be socio paths to put others at risk for new apartment.
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Old 07-17-2018, 09:07 AM
 
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Originally Posted by bxlover View Post
Seeming plausible is what makes urban legends. It plays on our fears or resentments. That is how they get into our culture. I don't buy it. Its sounds more like something a enemy of support payments would make about the City paying to relocate a family. Sort of like these people on welfare have brand new sneakers. Not saying people did not do it occasionally but those people would be socio paths to put others at risk for new apartment.
As would a landlord who torches his building in order to collect the insurance. There was a lot of sociopathic behavior in the Bronx of that era.

I think that is the conventional wisdom- people did it "occasionally." And it was mostly an agreed and collective action. Thus, everyone knew and was prepared.

But if you don't buy it, then you don't.
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Old 07-17-2018, 06:55 PM
 
410 posts, read 108,025 times
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https://www.youtube.com/watch?v=2SQqx61WLEA
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Old 07-17-2018, 08:07 PM
 
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What I fail to understand is I am sure the Arson Investigation Squad of the FDNY existed in the 1960s/1970s. Any insurance company worth their salt would have investigated if they noticed a pattern of arson in one particular area. How was all this allowed to go on? I would think insurance companies would have long since either stopped insuring or paying out landlords in certain zip codes for fire related loss once it was clear the neighborhood was heading a certain way...
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Old 07-17-2018, 08:21 PM
 
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Originally Posted by Shizzles View Post
What I fail to understand is I am sure the Arson Investigation Squad of the FDNY existed in the 1960s/1970s. Any insurance company worth their salt would have investigated if they noticed a pattern of arson in one particular area. How was all this allowed to go on? I would think insurance companies would have long since either stopped insuring or paying out landlords in certain zip codes for fire related loss once it was clear the neighborhood was heading a certain way...
I was thinking the same thing. How did this go on for 10 years without the insurance companies putting an end to it?
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Old 07-18-2018, 04:02 AM
 
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Originally Posted by RICANRICAN View Post
Wow, how interesting! What a crazy time. And I would love to know the addresses of the buildings those dudes were working on.

And look at all those Puerto Ricans rocking Afros!
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Old 07-18-2018, 07:31 AM
 
Location: Confines of the 101 Precinct
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Quote:
Originally Posted by Shizzles View Post
What I fail to understand is I am sure the Arson Investigation Squad of the FDNY existed in the 1960s/1970s. Any insurance company worth their salt would have investigated if they noticed a pattern of arson in one particular area. How was all this allowed to go on? I would think insurance companies would have long since either stopped insuring or paying out landlords in certain zip codes for fire related loss once it was clear the neighborhood was heading a certain way...
How much do you think it cost to insure a building in the South Bronx in the 1970s?

The payouts prolly were not that much, which is why the insurance companies were prolly not complaining

Buildings couldn't have been worth much.
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Old 07-18-2018, 09:05 AM
 
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Originally Posted by SeventhFloor View Post
How much do you think it cost to insure a building in the South Bronx in the 1970s?

The payouts prolly were not that much, which is why the insurance companies were prolly not complaining

Buildings couldn't have been worth much.
It was some corruption going on. Plus the City at the same time closed fire houses. They wanted to gut the area and start fresh, it was called Benign Neglect.
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Old 07-18-2018, 09:27 AM
 
Location: New York, NY
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Originally Posted by SeventhFloor View Post
How much do you think it cost to insure a building in the South Bronx in the 1970s?

The payouts prolly were not that much, which is why the insurance companies were prolly not complaining

Buildings couldn't have been worth much.
I don't buy that as the reason because the landlords were under water. Burning the buildings gave them an escape route to be done with having any responsibility AND they could collect a profit at the same time. Plenty of properties sit vacant, but they're still worth something... If not then at least the land. Going back and thinking about it, these landlords probably had insurance on the buildings prior to the area turning into a hellhole.

Last edited by pierrepont7731; 07-18-2018 at 09:51 AM..
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Old 07-18-2018, 09:46 AM
 
Location: Confines of the 101 Precinct
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All that does not explain why the insurance companies were so eager to make these payments.
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