{"product_id":"the-assassination-of-new-york-revised","title":"The Assassination of New York (Revised)","description":"Robert Fitch argues that, within a generation, New York City has been transformed from the richest city in the world to one of the poorest in North America. The pillars of its economy--Macy's, the \u003ci\u003eDaily News\u003c\/i\u003e, Citibank, Olympia and York, the Trump organization--have cracked or collapsed. Today, the officially poor in New York number nearly 2,000,000 and more than 400,000 residents of the city are without jobs. \u003cp\u003e\u003c\/p\u003eIn this indictment of those who have wrecked New York, Robert Fitch points to the financial and real-estate elites. Their goals, he argues, have been simple and monolithic: to increase the value of the land they own by extruding low-rent workers and factories, replacing them with high-rent professionals and office buildings. The planning establishment has been able of raise the value of real estate inside the city boundaries over twenty-fold. In doing so, Fitch suggests, it effectively closed New York's deep-water port, eliminated its freight rail system, shuttered its factories and destroyed its capacity for incubating new business. \u003cp\u003e\u003c\/p\u003eNow the real-estate values have collapsed. The city is left with 65,000,000 square feet of office space--enough to last, without any new building, to the middle of the twenty-first century. In pursuit of those who are responsible, Fitch arraigns the great and the bad of the city's establishment: Roger Starr, architect of \"planned shrinkage\" (the withdrawal of fire, police and mass transit services from black and Latino neighborhoods); the Ford Foundation, which proposed converting vast tracts of the South Bronx into a vegetable garden; City Hall fixers like John Zucotti, Herb Sturz and James Felt, who cut the deals between government and real estate by working for both sides; and the Rockefeller family, whose involuntary investment in the Rockefeller Center became a gigantic \"tar baby,\" nearly swallowing up their entire fortune. \u003cp\u003e\u003c\/p\u003eDrawing on never-before-published material from the Rockefeller family archives, as well as other archival documents, this book aims to expose those responsible for the demise of New York.","brand":"Verso","offers":[{"title":"Default Title","offer_id":51987817365735,"sku":"9781859841556","price":29.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0449\/4075\/5096\/files\/imageloader_b12d2913-db40-4f2e-9aad-d7bbf82517ec.jpg?v=1776397152","url":"https:\/\/arvidabookco.com\/products\/the-assassination-of-new-york-revised","provider":"Arvida Book Co.","version":"1.0","type":"link"}