Priced Out

"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." ~Journal of Urban Affairs

"An important, interesting, and compelling look at the impact of housing policy on a community, and the decline of middle-income housing in an increasingly stratified city." ~City & Community

"Priced Out tells a true story about how hard it is for renters of modest income to make a home in the center of Americas biggest city. Both historical and timely, it documents in lively detail how the largest, postwar, private-sector, urban housing development in the U.S. turned into one of the most notorious real estate deals of the early 21st century, and how developers pursuit of 'luxury' projects threatens New Yorks middle class." ~Sharon Zukin,author of Naked City: The Death and Life of Authentic Urban Places

"We increasingly think of Manhattan as a place of the very rich and the very poor. Yet thanks to modest, non-market rate post war housing developments, tens of thousands of middle class New Yorkers who might otherwise have decamped to the suburbs continue to live in the heart of the City. Over the decades they have built communities, raised families, aged in place and helped to keep New York diverse and vital. Priced Out tells the story of what happens when a communitys right to the city collides with the forces of the free market. It is a must read for anyone concerned about the future of the urban middle class." ~Philip Kasnitiz,co-author of Inheriting the City: The Children of Immigrants Come of Age