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More people will develop asthma if they live in or around these new property developments. I hope more doctor officces and clinics open up in these areas to cash in on Obamacare and people with respiratory problems!
Why couldn't they just build 5 acres of open market apts? Honestly, I can count on my hand 5 solid areas where I would live or suggest someone raise a family. BTW KK, never knew Lefrak was that big. How is it there?
I'm gone now, but it was wonderful for 2 decades living on the Hudson with a beautiful walkway/bikeway atop the PATH train. with big apartments, 24 hour doormen, and next to lots and lots of walkable shopping with 3 HUGE supermarkets and a Mall.
But I was a renter, with electric heat, and costs kept going up so I bought in Manhattan. It was a good choice for the final act, no car, free heat, free electricity.
Tedious thing was that for 20 years, with every uptick in the economy the pile drivers started for a couple more new buildings. I really got sick of BOOM-BOOM-BOOM all day, and the Mall, like all Malls got samey. And every trip beginning and ending with a PATH ride became tedious. ANd having a truck smash my parked car was a bummer.
They build plenty of open market apts (I think you mean market rate right?)...they are called "luxury condos" and they are in abundance in Manhattan, BK, and parts of Queens. If you would like one...everyone knows where to go to get one...in fact the Hudson Yards development is one such example of a huge new "market rate" nabe sprouting up...so I am not sure what your point is.
Why not build market rate in the Bronx? Why does the Bronx have to be the reception center for the poor.
I am assuming the private developers are hoping this is going to attract, the "gentrifying crowd" or at least people from outside the bronx right? I mean why even build new buildings if not. They are taking a big chance by depending on the adage "build it and they will come". I would love to see the data showing that more and more people are going to move to NYC in the near future. Are the powers that be really predicting everyone is either going to living in cities or else out in the country if they work in farming or resource extraction?
I am assuming the private developers are hoping this is going to attract, the "gentrifying crowd" or at least people from outside the bronx right? I mean why even build new buildings if not. They are taking a big chance by depending on the adage "build it and they will come". I would love to see the data showing that more and more people are going to move to NYC in the near future. Are the powers that be really predicting everyone is either going to living in cities or else out in the country if they work in farming or resource extraction?
It is definitely true that more people are moving into the city and this is a nationwide trend. You could browse this website which features links to various sources:
There is also data in the census and NYC agencies showing that cities including NYC are outpacing suburbs both in terms of population growth and issuance of residential building permits.
Demand is already there and it is supply that needs to catch up. Whether these trends are true for the Bronx is a different matter. Maybe it is.
It is definitely true that more people are moving into the city and this is a nationwide trend. You could browse this website which features links to various sources:
There is also data in the census and NYC agencies showing that cities including NYC are outpacing suburbs both in terms of population growth and issuance of residential building permits.
Demand is already there and it is supply that needs to catch up. Whether these trends are true for the Bronx is a different matter. Maybe it is.
Thing is though, the whole point of the Suburbs is access to the city without the cons, and have all the pros of almost being out in the country nominally being more space for yourself and things. So if you can, why not just live in the burbs? In fact, that has been the trend for the modern times. I guess before modern times, you just had urban, and rural. Is there something reversing this trend now? Is there something causing all the young to flock here even when the job market is not that awesome? Are families looking to move back into the inner city for some reason?
There've been a couple of easy to read books about this issue, one by Andres Duany (Suburban Nation) and another by Leigh Gallagher (End of the Suburbs). The reasons favoring urban areas over suburban can be summed up in one word - necessity. Two factors are driving this.
First is the erosion of the nuclear family. Less people getting married, childless families, same gender marriages, two spouses working, job insecurity etc. all add up to a much lower need for suburban lifestyles.
The second is that many aspects about the suburbs were flawed to begin with, especially financially speaking. Getting around requires heavy use of automobiles at a time when gas prices are nearing $4/gallon. Then you have all the sprawling infrastructure like wide roads, large drainage and sewage systems and expansive public schools that are shared by a small (and shrinking) tax base. When these facilities were newer in the 50s to 70s, nobody cared about the cost of their maintenance and upgrade. But as these amenities suffered wear and tear through the years, the upkeep started taking a toll on the small tax base and some municipalities either kept deferring upgrades or incurred debt to pay for it thereby putting a heavy burden on younger residents.
Other factors were mentioned as well.
Note that these trends don't necessarily apply to Summit NJ or Ridgewood NJ which have walkable areas and are commuter friendly, but places like Mt. Olive or Monmouth that are populated by residential pods will be the ones to feel the pain.
There've been a couple of easy to read books about this issue, one by Andres Duany (Suburban Nation) and another by Leigh Gallagher (End of the Suburbs). The reasons favoring urban areas over suburban can be summed up in one word - necessity. Two factors are driving this.
First is the erosion of the nuclear family. Less people getting married, childless families, same gender marriages, two spouses working, job insecurity etc. all add up to a much lower need for suburban lifestyles.
The second is that many aspects about the suburbs were flawed to begin with, especially financially speaking. Getting around requires heavy use of automobiles at a time when gas prices are nearing $4/gallon. Then you have all the sprawling infrastructure like wide roads, large drainage and sewage systems and expansive public schools that are shared by a small (and shrinking) tax base. When these facilities were newer in the 50s to 70s, nobody cared about the cost of their maintenance and upgrade. But as these amenities suffered wear and tear through the years, the upkeep started taking a toll on the small tax base and some municipalities either kept deferring upgrades or incurred debt to pay for it thereby putting a heavy burden on younger residents.
Other factors were mentioned as well.
Note that these trends don't necessarily apply to Summit NJ or Ridgewood NJ which have walkable areas and are commuter friendly, but places like Mt. Olive or Monmouth that are populated by residential pods will be the ones to feel the pain.
Why not build market rate in the Bronx? Why does the Bronx have to be the reception center for the poor.
I agree. There should be more market rate/middle class apartment buildings built in the Bronx. I think the answer as to why do not built is because of high property taxes on a new construction with no tax abatement in combination with no city incentives to build middle class housing by offering low interest loans like they do for low income housing. In other words, the city is not giving developers incentives to build middle class housing. The city does not encourage it, they encourage "affordable/low income housing".
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