Date: March 17th, 2006

Free as air? Part 2

17 March, 2006 (10:06) | Uncategorized |

[Continued from yesterday’s Part 1.]
 
New York City having decided to monetize the intangible, that a market for air rights merely exists creates fascinating side-effects.  For one thing, the neighbors do not have a unilateral veto:
 
Several of the town-house owners said they were distressed over the idea of a tall building going up next door, one […]