The landlords burned them down for the insurance money- many of the buildings were long ago paid off so landlords felt they had no way to make money on the building, there was no back up financing. They were losing money. they weren’t speculating- there was nothing in the Bronx at that time that was attracting people, there was no gentrification movement. Partly, I think, becasue it was mostly apartment buildings. Though most were Pre-War to the 60’s, they didn’t have the cachet of brownstone neighborhoods and because the neighborhoods were poor,they were red lined.
It had nothing to do with speculation and everything to do with the times. denton is right except to say that most of these buildings had tenants, but they were very poor.
Has anyone gotten to the bottom of here-yesterday, gone-today post about the townhouse on Grand? If there was an error, Brownstoner, I’d advise you to just correct it rather than removing the post and fueling needless speculation.
If the guy running this blog won’t tell us what is going on with that house, perhaps there is someone else out there who knows and will share? Many thanks.
ah so in the south bronx back in the 70’s – those huge multi-dwellings were owned by landlords and conceivably those LLs would have owned the buildings outright, correct? So why did they torch them? Because they had build these buildings for people with money to live in?
sorry to sound ignorant just want to have a better understanding of that time period …
” Because they had build these buildings for people with money to live in?”
Most of the South Bronx is pre war. They torched them for insurance money.
Bxgrl you’re telling me a Jewish girl grew up in the South Bronx in the 70’s and 80’s???!!
Is that what you mean???
The What (Removing safety of the Ak-47)
Someday this war is gonna end…
The landlords burned them down for the insurance money- many of the buildings were long ago paid off so landlords felt they had no way to make money on the building, there was no back up financing. They were losing money. they weren’t speculating- there was nothing in the Bronx at that time that was attracting people, there was no gentrification movement. Partly, I think, becasue it was mostly apartment buildings. Though most were Pre-War to the 60’s, they didn’t have the cachet of brownstone neighborhoods and because the neighborhoods were poor,they were red lined.
It had nothing to do with speculation and everything to do with the times. denton is right except to say that most of these buildings had tenants, but they were very poor.
Oh dear g*d, are we back to figuring out just what Rob is AGAIN?!!!
Has anyone gotten to the bottom of here-yesterday, gone-today post about the townhouse on Grand? If there was an error, Brownstoner, I’d advise you to just correct it rather than removing the post and fueling needless speculation.
If the guy running this blog won’t tell us what is going on with that house, perhaps there is someone else out there who knows and will share? Many thanks.
> where do non violent poor people live now?
There is a place,
………
………
………
And it’s my mind
hells no m4less! canada is where white vegans threaten to move when things get too tough herre. im not white and im not a poosey.
*rob*
Rob – maine
Rob, there’s a place call
C
AN
ADA
full of conflict free people
ah so in the south bronx back in the 70’s – those huge multi-dwellings were owned by landlords and conceivably those LLs would have owned the buildings outright, correct? So why did they torch them? Because they had build these buildings for people with money to live in?
sorry to sound ignorant just want to have a better understanding of that time period …