Billionaire Needle
In an ever increasing drive to provide housing for the ultra wealthy, developers in New York City on narrower plots of land are building very tall but narrower luxury condos. Some members of the local press have dubbed these structures "Billionaire needles." By the way this building on E22nd Street you can get a studio for only four million and the top apartment is a four bedroom three bath that goes for the modet price of fourteen million dollars. To add insult to injury many of these luxury condos are brought up by drug cartels, corrupt foreign oligarchs and other unsavory types for the purpose of money laundering or hiding assets. Meanwhile there are many people paying $1400 a month to live in a chopped (Usually a two or three bedroom apartment that has been divided into two smaller apartments for higher profit.) one bedroom apartment in bad parts of the Bronx. Oh yes want a similar apartment in a safer predominantly white neighborhood in the outer boroughs better be ready to pay another grand. Want a similar apartment in Manhattan better be ready to another one to two grand more over the outer borough price. New York City has gone out of it's way drive the middle class out of the city and decades of corrupt politicians capitulating to greedy realtors has left a disappearing middle class that's never coming back and numerous and ever growing vacant storefronts scattered throughout the city.
Billionaire Needle
In an ever increasing drive to provide housing for the ultra wealthy, developers in New York City on narrower plots of land are building very tall but narrower luxury condos. Some members of the local press have dubbed these structures "Billionaire needles." By the way this building on E22nd Street you can get a studio for only four million and the top apartment is a four bedroom three bath that goes for the modet price of fourteen million dollars. To add insult to injury many of these luxury condos are brought up by drug cartels, corrupt foreign oligarchs and other unsavory types for the purpose of money laundering or hiding assets. Meanwhile there are many people paying $1400 a month to live in a chopped (Usually a two or three bedroom apartment that has been divided into two smaller apartments for higher profit.) one bedroom apartment in bad parts of the Bronx. Oh yes want a similar apartment in a safer predominantly white neighborhood in the outer boroughs better be ready to pay another grand. Want a similar apartment in Manhattan better be ready to another one to two grand more over the outer borough price. New York City has gone out of it's way drive the middle class out of the city and decades of corrupt politicians capitulating to greedy realtors has left a disappearing middle class that's never coming back and numerous and ever growing vacant storefronts scattered throughout the city.