“The new generation of very tall, very expensive residential towers remaking the Manhattan skyline comes at a time when the city has a growing number of homeless families and a critical shortage of middle and low-income housing.” – cutline for photographs at
What? The rich would then spend not-mortgage money on homeless families and middle-income housing?
Meanwhile, back at the nation’s capital, the business of housing politics and supporters becomes more and more expensive.
Used to be, no building in D.C. could be higher than the width of the street it faced, plus 20 feet. “By 1899, the law mandated that no building in D.C. be taller than 130 feet. A 1910 amendment reduced the maximum allowed height to 90 feet. The law hasn’t changed since.”
Links at www.maggiesfarm.anotherdotcom.com