January 28, 2005
Cracking the LES
Yesterday the NY Post tells us the LES is reaching that inevitable upscaling moment. Then today they tell us a story that makes us think of the LES returning to its prebar strip despair. And somehow this seems like an equally inevitable option to me.
Maybe its just another tabloid murder but what sticks in my head about the murder of the actress from Minnesota on the streets of the Lower East Side is the shear stupidity of someone asking a man who just pistol whipped a friend "what are you going to do, shoot us?" Clearly at 3:15am there was alcohol involved. But with American nightlife well deep in a cocaine epidemic.. Speculation aside what's been nagging in the back of my head for a while is "what next?"
Back when the LES was dangerous and stupidity was going there at night at all, not challenging people with guns, NY was in the midst of the crack epidemic. And drug epidemics tend to run on cycles, or at least the ones that have been around long enough do. Crack's only had one run through, no one knows how or even if it cycles. But it doesn't take reading on page six about failing rock star's $1,500 a day habits to wonder if its about to return and return hard..
And yeah, who knows what crack could do to the real estate bubble. Lets just hope the city never gets to find out..Posted by Abe at January 28, 2005 09:59 PM