Farkitecture Follies pt 10

 

whitebread

Ah, how I value those difficult, provocative questions that expose uncomfortable truths.

Sure profit and non-profit developers will rehab big old buildings
if they get public money…

Good works but only politically favored and publicly funded.

Developers have to make a profit. But how much is too much?
They would say there is never too much. Developers are not charities.

Certain non-profit developers exploit their established image
of doing good to acquire the over abundant funds their for-profit rivals
have to acquire from banks or private investors who demand
their percentage of the gold.

How many of these affordable artists’apartments get converted
to “market rate” housing?

How do they prove artist status?

Can most “poor” artists who are not themselves subsidized by families even choose Art as a career no mater what race they are?

Click

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