On Wed, Jul 31, 2013 at 9:30 AM, Jim Devine <[email protected]> wrote:

> isn't the upcoming Matt Damon flick, "Elysium" about something like this?
>
> > Financial Times June 14, 2013 6:49 pm
> > Priced out of Paris
> >
> > By Simon Kuper
> >
> > Our great, global cities are turning into vast gated citadels where the
> > elite reproduces itself
>



http://www.nytimes.com/2011/07/07/nyregion/more-apartments-are-empty-yet-rented-or-owned-census-finds.html
------------------------------snip
New Yorkers who stay in town during summer and holiday weekends know
the empty-streets, Potemkin-village look that parts of the city take on.

But some Manhattan neighborhoods are assuming that vacant feeling the year
round, because the people who own or rent apartments there actually live
somewhere else most of the time. This explains why, in a city of bright
lights,
so many windows dotting the imposing facades of Fifth, Madison and Park
Avenue
apartment buildings are pitch dark every evening.

Wealthy out-of-towners have always had pieds-à-terre and unused investment
properties in the city. What is new is how many.

In a large swath of the East Side bounded by Fifth and Park Avenues and East
49th and 70th Streets, about 30 percent of the more than 5,000 apartments
are
routinely vacant more than 10 months a year because their owners or renters
have permanent homes elsewhere, according to the Census Bureau’s latest
American Community Survey.

In one part of that stretch, between East 53rd and 59th Streets, more than
half
of the 500 apartments are occupied for two months or less. That is a higher
proportion than in resort and second-home communities like Aspen, Colo.;
Palm
Beach, Fla.; Virginia Beach; and Litchfield, Conn.

And the ranks of part-timers are growing. Since 2000, the number of
Manhattan
apartments occupied by absentee owners and renters swelled by more than 70
percent, to nearly 34,000, from 19,000. They proliferated in virtually every
census tract south of 110th Street, with the most pronounced surges in the
East
Village, SoHo, Greenwich Village, Gramercy Park, Midtown East and the Upper
East Side.

"My block is like a ghost town," said Gay Talese, the author and keen urban
observer, who has lived on East 61st off Park Avenue for a half-century.
"It’s
dark on this street at night, and I’m not talking about summer people in the
Hamptons and people who have apartments here but spend a lot of time out of
town for tax reasons."
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