Right on the heels of my blog entry on obstacles to Living a Halcyon Life, the New York Times publishes a great overview of the financial difficulties artists face . Excerpt:
“Rent for a studio or a one-bedroom in the East Village, for example, has more than doubled in 10 years, said Douglas Hochlerin, a broker with Bond New York, a firm specializing in Manhattan rentals. Last year, when the rent on Ms. Berman’s Mott Street one-bedroom, where she had lived for three years, rose to $1,550 from $1,350, she gave up her lease, beginning another bout of itinerancy, as she described it.
“‘It’s all about money,’ Ms. Berman said cheerfully. ‘It’s not like I have a penchant for the transient life.’
An Astonishing First Sentence
It was hard to read Paul Krugman’s New York Times oped today past the first sentence:
“Nine years ago The Economist ran a big story on oil, which was then selling for $10 a barrel.”
$10 a barrel?! Just 9 years ago?!
Astonishing. Oil is $117 a barrel today.
Read More »