New York

Studying the Wrong Cities Will Lead to Repeating Their Mistakes

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The junket factor must be the only logical criteria by which various industry “study tours” overseas are planned. How else to explain how entirely inappropriate the choices are? The list of cities identified for “study” by Australian development and planning industry bodies reads like the pages of a glossy weekend travel magazine: we’ve seen study tours to New York, Los Angeles, San Francisco, Copenhagen, London, Vancouver and (of course) Portland. The purpose? One recent blurb promises it is “to expand our horizons and bring new ideas back to Aussie shores.”  read more »

The Luxury City is Going Bust

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In a year when two boosters of the “luxury city,” Donald Trump and Michael Bloomberg, are vying to run the whole country, the very model that created their “success” is slowly unraveling. After roughly 20 years of big-city progress, measured by economic growth and demographic progress, the dense urban centers, including New York, are again teetering on the brink of decline.  read more »

Houston Is Now Less Affordable Than New York City?!

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"There are three kinds of lies: lies, damned lies, and statistics." -Mark Twain  read more »

You Think Trump's a Danger to Democracy? Get a Load of Bloomberg.

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Many in the media and political class see Donald Trump as the face of America’s autocratic future. They’ve had less to say about Michael Bloomberg, a far more successful billionaire with the smarts, motivation, and elitist mentality not only to propose but actually carry out his own deeply authoritarian vision should he be elected president.  read more »

Heartland Intelligence

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There have been some big changes for me. We relocated from New York to Indianapolis, where I’m doing consulting work for the Indy Chamber. I’m no longer full time with the Manhattan Institute but am still a contributing editor at City Journal and still have multiple projects in the works there. I’ll continue to write for other publications too, as with my recent Atlantic piece on J. Irwin Miller and Columbus, Indiana. More on my move below.  read more »

Walking Around Downtown Brooklyn

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After having lost more than half a million residents between 1950 and 1980 New York’s borough of Brooklyn has regained more than two-thirds of its population loss. The renaissance of Brooklyn is rightfully cited as an urban success story. It initially attracted Millennials and others seeking an urban lifestyle at a lower cost than Manhattan, but now it has also become increasingly more expensive, evidenced by many new high rise luxury condominium buildings.  read more »

A Walk Around Jersey City’s Exchange Place

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More than a quarter century ago, Joel Garreau’s classic Edge City; Life on the New Frontier described the rise of commercial centers outside the historic downtowns (central business districts or CBDs).  read more »

Revealed Preferences: The 30-Minute Commute

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The principal reason that large cities have developed is that they provide large labor (and housing) markets. A labor market is also a housing market, since virtually all who work in the metropolitan area also live there. The metropolitan area is the one location where there is one-to-one balance between jobs and resident workers (see: Alain Bertaud, Order Without Design: How Markets Shape Cities).  read more »

Bloomberg and the Plight of the Oligarchs

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If the tentative entrance of former New York Mayor Michael Bloomberg into the Presidential race materializes, he may discover difficulty of being an oligarch in an increasingly socialist-minded party. Bloomberg, whose fortune is estimated at $50 billion, many times Trump’s estimated $3 billion, much less Tom Steyer’s comparatively meager $1.6 billion, epitomizes the very capitalist class so detested by party activists.  read more »

Of Niche Markets and Broad Markets: Commuting in the US

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The six transit legacy cities - mostly urban cores that grew largely before the advent of the automobile - increased their concentration of transit work trips to 57.9% of the national transit commuting, according to the 2018 American Community Survey. At the same time, working at home strengthened its position as the nation’s third leading mode of work access, with transit falling to fourth. The transit commuting market share dropped from 5.0% in 2017 to 4.9% in 2018.  read more »