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Priced Out

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On an average morning in the tree-lined parks, plazas, and play-areas of Manhattan’s Stuyvesant Town housing development, birds chirp as early risers dash off to work, elderly residents enjoy a pea...
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  • 15 March 2016
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On an average morning in the tree-lined parks, plazas, and play-areas of Manhattan’s Stuyvesant Town housing development, birds chirp as early risers dash off to work, elderly residents enjoy a peaceful morning stroll, and flocks of parents usher their children to school. It seems an unlikely location for conflict and strife, yet this eighteen-block area, initially planned as middle-class affordable housing, is the site of an ongoing struggle between long-term, rent-regulated residents, younger, market-rate tenants, and new owners seeking to turn this community into a luxury commodity. Priced Out takes readers into this heated battle as a transitioning neighborhood wrestles with contemporary capitalist strategies and the struggle to preserve renters’ rights. Since the early 2000’s, Stuyvesant Town’s owners have sought to transform this iconic Manhattan housing development into a luxury destination for those able to afford the higher price tag. Attempting to replace longtime residents with younger, more affluent tenants, they have disrupted native residents’ sense of place, community, and their perceived quality of life. Through resident interviews, the authors offer an intimate view into the lives of different groups of tenants involved in this struggle for prime real estate in New York, from students experiencing the city for the first time to baby boomers hanging on to the vestiges of middle-class urban life. A compelling, fascinating account of changing urban landscapes and the struggle for security, Priced Out offers a comprehensive perspective of a community that, to some, is becoming unrecognizable as it is upgraded and altered.
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Price: $98.00
Pages: 240
Publisher: NYU Press
Imprint: NYU Press
Publication Date: 15 March 2016
Trim Size: 9.00 X 6.00 in
ISBN: 9781479812462
Format: Hardcover
BISACs: POLITICAL SCIENCE / Public Policy / City Planning & Urban Development, SOCIAL SCIENCE / Sociology / Urban
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"The book is notable both for the intrinsic interest of its topic and the quality of its analysis. Part community study and part elegy, Priced Out documents the rise and fall of what increasingly looks to have been a missed opportunity to foster a sustainable middle-class in the heart of New York City. The rent regulations that made StuyTown a haven for civil servants and other middle-class New Yorkers have been steadily eroded. This process stretches far beyond StuyTown, of course, and threatens to erase New York City’s middle class from the city’s core. Using a variety of qualitative methods, the authors tell this important story in convincing fashion and show why it matters."