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"An important, substantive study in urban sociology and political economy...readable...style, free of academic cant."
Prescient and dramatic, Loft Living shows how a declining downtown Manhattan became a popular “scene,” how loft apartments became hot commodities for the middle class, and how investors, corporations, and rich elites profited from deindustrializing the city’s factory districts and turning them into trendy venues for art galleries, artisanal restaurants, and bars. However, this edition points out that the artists who led the trend are now priced out of the loft market. Even in New York, where the loft living market was born, artists have no legal claim on loft districts, nor do they get any preferential treatment in the harsh real estate market.
From the story of SoHo in Lower Manhattan to SoWa in Boston and SoMa in San Francisco, Zukin explains how once-edgy districts are transformed into high-price neighborhoods, and how no city can restrain the juggernaut of rising property values.
"An outstanding example of the new interdisciplinary direction in the study of urban communities."--Contemporary Sociology
Loft Living Grows Up: From Artists’ Studio to Global Brand
Foreword by David Harvey
Preface: Reader, Beware!
1 Living Lofts as Terrain and Market
2 Investment and Politics
3 The Creation of a “Loft Lifestyle”
4 Art in the Arms of Power
5 From Arts Production to Housing Market
6 Demand and Development in the Loft Market
7 Speculation and the State
8 Capital Shifts and the Cultural Avant-Garde in Urban America
Postscript to the Paperback Edition: More Market Forces
Posted July 10, 2014