Review: Upscale Semi-UG place on West 38th

#62
I don't think who's President has any effect on what happens in New York.

I also don't think electing liberals locally means they won't crack down on the sex industry. NOBODY likes the sex industry, right or left. I mean, really, Bloomberg is a liberal, and you can see that there's a crackdown going on under him.
The city is in the midst of a building boom. The porn explosion during the 60s-70s was in part a result of a number of insiders hoping for prices to drop so they could snatch up property at low prices. Buy a small property, but in a peep show which drives down the price of the much larger place next door. Now you can buy that property for a song. Eventually you own half the block, so if prices go up you walk away rich. If prices stay depressed you keep on counting your money from the porn shops.
 
#63
57676 I think it would be an interesting idea to gather some UGer's together and discuss the post B&G/HLDC era, but to be honest is there an era after both are gone? Things look bleak now. I mean I am a half full glass type of guy but after two big hits will anything like this happen again? Will someone have the guts to open a new place simmilar to the two above? I hope it is the latter for that after going to UG places the regular clubs don't compare.

Would anyone else be interested in such a gathering ?
 

Slinky Bender

The All Powerful Moderator
#65
The city is in the midst of a building boom. The porn explosion during the 60s-70s was in part a result of a number of insiders hoping for prices to drop so they could snatch up property at low prices. Buy a small property, but in a peep show which drives down the price of the much larger place next door. Now you can buy that property for a song. Eventually you own half the block, so if prices go up you walk away rich. If prices stay depressed you keep on counting your money from the porn shops.

Well, if that really happened, they got fucked. The Empire State Development Corp stole the properties on 42nd St to hand over to pricvate developers who could have paid those high numbers for them, but would rather have paid much less, so they had their political cronies do a set-up job for them.

http://utopiaguide.com/forums/showthread.php?p=498776&highlight=empire#post498776
 
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