wealth
- No heat at $5,000/month
Libertarians blame rent stabilization for the problems of tenants in cities like New York, but there are few rent stabilized apartments left in this town or in this building. Most people in this building pay $4000 to $5000 a month for a “luxury rental” the size of a working-class Hoosier’s garage.
Certainly the fee the landlord collects is luxurious. Nothing else about the place is. Particularly not luxurious is the lack of heat, now in its second day. Snow falls, arctic winds blow, but the $5000/month luxury building is as cold as a dead seal.
- Don’t sleep here
Barely noticed in the builders’ gold rush, the poorest poor, pushed off the benches of Madison Square Park, take shelter in the very construction sites that signify their doom. (Photo essay.)