Tag Archives: NYC neighborhoods

Whole Upper East Side Corner To Be Demolished, Across From Extell Site | Upper East Side, NY Patch


I know this corner well. The area is nice and extremely accessible. Businesses and residents lament when they are uprooted due to changes in the a building’s usage. I understand their anguish. There are certain protections in place to prevent illegal removals or evictions. The bottom line is owners, not tenants, can avail themselves of existing laws to maximize the value of their investment in their property. The vitality of free commerce lies in the establishment of laws and precedent that encourage turn over and change from a never ending status quo.