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Unreal Estate Real Property 8 Paper’S Content Centers on the Spatial Implications of Epochal Shifts in Technology, Economy and Society Today

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Unreal Estate Real Property 8 Paper’S Content Centers on the Spatial Implications of Epochal Shifts in Technology, Economy and Society Today November 19, 2010 The New City Reader is a newspaper on architecture, public space and the city, published as part of “The Last Newspaper,” Peter Tolkin an exhibition running at the New Museum of Contemporary 2 5 Art from October 6, 2010 – January 9, 2011. Conceived by Mabel O. Wilson executive editors Joseph Grima and Kazys Varnelis, the news­ UNREAL ESTATE REAL PROPERTY 8 paper’s content centers on the spatial implications of epochal shifts in technology, economy and society today. The New Carmen Argote City Reader will consist of one edition published over the REAL MONEY, FAKE LAND course of the project, with a new section produced weekly Chloë Bass 3 from within the museum’s gallery space, each led by a differ­ ent guest editorial team of architects, theorists and research Brigette Borders REAdiNG THE REAL 3 groups. These sections will be available free at the New GOWN TROUNCES Museum and—in emulation of a practice common in the John Cantwell nineteenth­century American city and still popular in China TOWN, 2–0 ESTATE SECTION and other parts of the world today—will be posted in public on walls throughout the city for collective reading. Catherine 4 5 The next issue will be BUSINESS, guest edited by Frank 6 Pasquale & Kevin Slavin, and LEGAL, guest edited by Eyal Ingraham Weizman, Centre for Research Architecture at Goldsmiths. Marisa Jahn/ SidEWALK SALE Y… 7 6 SUFFERing FROM CUP SIDEWALK RAGE? 7 Let it out at the Olalekan NEW CITY READER assembl CLASSIFIEDS Jeyifous BATTLE FOR -- REAL wall 2 1 Advertise for free Klaus INSECT KiNG OF OR lgnlgn.com F -- NEW YORK #rantsandraves Alexandra #lgnlgn Lange OF TimESHARES The New City Reader Guest Editors Elizabeth E AND TENEMENTS EXECUTIVE ART DIRECTOR CITY FOOD MUSIC “The Last STATE EDITORS Neil Donnelly Network Park (Will Prince & DJ N-RON & Newspaper” is Joseph Grima Architecture Lab, Krista Ninivaggi) & DJ/rupture curated by Richard Lasater Kazys Varnelis DESIGNER Columbia University Nicola Twilley Flood and Benjamin WHO MAKES THE RENT? Chris Rypkema Graduate School STYLE Godsill. For more MANAGING EDITOR of Architecture, REAL ESTATE Robert Sumrell & information please Zoe Malliaros Alan Rapp EDITORIAL Planning and Mabel O. Wilson Andrea Ching visit newmuseum.org 4 CARTOONIST Preservation & Peter Tolkin ASSOCIATE Klaus (Sideprojects) SCIENCE The New City Mitch McEwen 8 MANAGING EDITOR EDITORIAL David Benjamin & Reader online: IS BROOKLYN John Cantwell WEB DIRECTOR Joseph Grima & BUSINESS Livia Corona newcityreader.net Jochen Hartmann Kazys Varnelis Frank Pasquale & twitter.com/ Minna Ninova ASSOCIATE Kevin Slavin WEATHER newcityreader (Abu DHAbi) ALL THE LiSTINGS FiT EDITORS CULTURE Jeffrey Inaba, Brigette Borders School of Visual LEGAL C-Lab This project was Daniel Payne Daniel Payne Arts D-Crit Eyal Weizman, made possible TO PRINT OVER? A Newspaper Of Centre for Research OBITUARIES thanks to generous Public Space SPORTS Architecture at Michael Meredith & support from the Alan Rapp Jeannie Kim & Goldsmiths Hilary Sample, MOS New Museum of Hunter Tura Contemporary Art, GRAFFITI LOCAL CLASSIFIEDS Columbia University Cassim Shepard LEISURE Geminidas & Nomeda Leagues and Legions Graduate School Beatriz Colomina, Urbonas (Nugu) & of Architecture, GATE The Spyros Papapetros, Saskia Sassen Planning, and Matthew Vaz Britt Eversole Preservation, Joe & Daria Ricchi, POLITICS and Nina Day, Media & Modernity, common room Anonymous Donors, ADVRSPK+ New Princeton and the Willametta University K. Day Foundation. Special thanks to: PPPP Elian Stefa; Lisa City Phillips, Director, the New Museum; 1 Emily Colasacco, NYC DoT; Linco Reader Printing. cults—unreal real estate really is. How­ ever, its contributors are nonetheless acutely aware that these dreams, fantasies and visions, whether good or bad, have a very real impact upon NREAL ESTATE how 8.4 million New Yorkers live and U work within its borders. With close to by Mabel O. Wilson and Peter Tolkin (SideProjects) ninety percent of the popular Times Real Estate section focused upon residential How much is real about “real estate” today? And what is real property, the perception of land owner­ estate’s basis in reality? There are of course the binding legal ship is myopically colored as a private instruments, the deeds and contracts that abstract land into concern, an inflection aptly summed up in “real property,” subdividing it into tracts and rendering it the NIMBYism of current politics that has quantifiable for transaction. Once land becomes designated muscled out a more robust conception of as real estate, it can be registered in MLS databases and the land stewardship as part of a shared public columns of Excel spreadsheets, crunched by brokers before realm. appearing in advertisements perused by prospective buy­ This is critical for how we—as citizens, ers. One of Manhattan’s recent high­end listings, for example, not just residents—should debate, for exam­ Space Public was encoded into this brisk shorthand: $55m 5 BD/7BA ple, the forthcoming Vision 2020 plan that will Of Newspaper A 5500sqft NYC CPW Condo. If one were to text this offering to guide waterfront development in the five bor­ a friend via the New York Times’ nifty new Real Estate app, oughs for the next ten years. Can we afford it might prompt a similarly encrypted response: 4sale @ to leave the stewardship of public resources $10g/sf OMFG! to backroom deals brokered with big private With Craigslist, other internet classifieds and sites like development interests? Or can we, through a Curbed thriving, daily and weekly real estate sections are more participatory process, merge our individual quickly becoming a thing of the past. Online property listings, desires into a shared vision about a new “urban like news reportage, have exponentially expanded into an common,” one that enriches the lives of all New every­day, all­the­time posting cycle. This time compression, Yorkers and not just those who have the means to as Beatriz Colomina posited in the November 5, 2010, Leisure make real their dreams of a $7m 5BD/5BA, 5100sqft, section of the New City Reader, liberates daily newspapers DUMBO, Duplex Penthouse + Skyline Views? to focus upon lifestyle—and in particular the consumer frenzy of home buying. Current real estate reporting delves into an array of alluring lifestyle choices featuring both local denizens and home dwellers around the world. Even the marketing of urban apartments and condominiums hype ame­ nities that trump the drab linoleum­tiled common room of old; prospective residents are lured by lifestyle perks from luxury gyms and wine tastings to private concerts and landscaped terraces outfitted with propane grills, conversation pits and skyline views. Since twenty­first century workers never seem to punch out of their 24/7 time clocks, we wonder how many folks actually have time to partake in such mirth and merriment? Supplementing these fantasies of the perfect homestead are a lineup of voyeuristic television shows and online fare that boost DIY house hunting, delve into the lives of neurotic house flippers and showcase open­houses for luxury homes that will never be open to you or me. Real estate is so entwined with the phantasmal world of entertainment that the New York Times reported this week a reality show might be in the works that would follow the jet­setting lifestyle of a Swedish former gay porn star­cum­wildly successful Manhattan real estate agent to the glitterati. As they say, you can’t make shit this up! This constantly refreshed panorama of consumer­driven lifestyles feeds New York City’s—and by extension, America’s— insatiable desire for property ownership, overstuffed dream homes and sprawling quarter­acre “private estates.” However, as many foreclosed homeowners recently discovered when they contracted the toxic subprime plague, this trend’s dark Reader underbelly reveals that these champagne wishes and caviar dreams can easily turn City into our own personal Amityville horrors. 2 This section of the New City Reader New explores how—perhaps moreso even than the fiats of global finance or mass The by Mabel O. Wilson before Columbia migrated uptown to its current Morning­ as “the enclosure,” a hallmark of the nineteenth century’s Whether or not NYU will move ahead with its plans in side Heights compound in 1897. Over the years, Columbia paradigm of the disciplined society, NYU’s spatial strategy historic Greenwich Village and elsewhere in the city will When I ascend the grand steps in front of McKim, Mead, has stayed fairly compacted in its gated confines, choos­ approximates what philosopher Gilles Deleuze called “rhi­ attest to how well these community groups can tactically and White’s stately Low Library on my daily trek to teach ing to build upwards and downwards rather than spread zomatic,” a distributed system emblematic of our society of challenge, like their uptown comrades, the legions of law­ on Columbia University’s campus, I am greeted by Daniel outwards. Efforts in 1968 to stake a claim in nearby Morn­ control. To put it in laymen’s terms, NYU’s tactic has been yers these institutions have at their disposal. In the end it Chester French’s heroic bronze sentinel Alma Mater. As ingside Park for the construction of a new gymnasium, a somewhat akin to the pop­up shop that never leaves. may not be enough that the city no longer feeds the beast our “nourishing and bounteous mother,” she symbolizes facility that some believed would not be fully accessible to With new dormitories, rehabbed classrooms, more of these land hungry institutions. Perhaps the land grab of the intellectual sustenance offered to all alumni, including its predominately black and Hispanic Harlem neighbors, offices, galleries and cafes sprouting in all directions east, my alma maters can be contained in other ways—Columbia myself, who have matriculated through the school’s neo­ erupted in a spirited campus uprising led by students and west, north and south, from the East Village to Governor’s may need a lap band to curtail its appetite, and NYU may classical uptown campus.
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