Bicycling around town through the years provides a sense of the warp and woof of the place and I must admit I am a bit concerned about what I see and feel:
- Fewer people. On foot and in cars there are just fewer folks trudging around everyday. And I mean trudging. Less folks going into midtown office buildings and fewer cars creating gridlock. Has the ability to work virtually finally created the tipping point for our obsolete and energy soaking 19th century central factory location mentality regarding "work"? And if so what are we going to do with all that office space?
And speaking of real estate the residential turnover market in Manhattan has slowed a bit in 2012? Could it be that the new schema for Wall Street bonus' will form a permanently soft real estate market?
-Cost: have you tried to buy a cup of coffee and muffin in this town on the cheap? The cost of living continues to go up while wages are still stagnating. That is not a good formula for a vibrant city.
Regardless, the bicycling is still inspired. Just take a look at the photo bf BBUD on the East River yesterday during lunch. You can't beat the joy of urban cycling - - even if the sharks are circling.
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