When I came back as an adult, this hotel was the cheapest room in the city, and it showed. Run down and falling apart. It's extremely hard to turn a profit on a hotel this large; the maintenance is constant and expensive, and if you skimp on anything (like shuttering a few floors) they just get worse over time. There was absolutely a time when it was a money maker, but that time is gone. I just wish they could have converted it into apartments. It would have taken a big investment, but I think the city owed it to both the building's history, and the people trying to "make it" in the big apple.
That said, it was pretty grimy. Don't blame them for tearing it down, it's way too big to preserve as some kind of historical boutique hotel.
Do you need a kitchen in central NY? Those that can afford the location can also afford to eat out?
https://books.vno.com/books/kpoe/#p=1
It doesn't look like a neoclassical SRO is going to fit in there.
We need a continuous supply of new housing, or rebuilding, and in particular NYC should always be building up up up.
There are three ways to deal with shortages: waiting lists, market pricing out the lowest incomes, and building enough new housing to let everyone who wants to live there live their. Only the last option, build build build, is the least bit fair. Every other option is exclusionary and destructive to community.
It was later revealed that he had been slipped LSD as part of an illegal mind-control program overseen by the C.I.A. Seventy years later, the circumstances remain murky.
I live in the most [ADJECTIVE] country anywhere.