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This revised edition examines major redevelopment efforts in New York and London to uncover the forces behind these investment cycles and the role that public policy can play in moderating market instability. It chronicles the progress of three development projects in New York and three in London.
This book shows how modern Brooklyn’s proud urban identity as an arts-friendly community originated in the mid nineteenth century. Before and after the Civil War, Brooklyn’s elite, many engaged in Atlantic trade, established more than a dozen cultural societies, including the Philharmonic Society, Academy of Music, and Art Association. The associative ethos behind Brooklyn’s fine arts flowering built upon commercial networks that joined commerce, culture, and community. This innovative, carefully researched and documented history employs the concept of parallel Renaissances. It shows influences from Renaissance Italy and Liverpool, then connected to New York through regular packet service like the Black Ball Line that ferried people, ideas, and cargo across the Atlantic. Civil War disrupted Brooklyn’s Renaissance. The city directed energies towards war relief efforts and the women’s Sanitary Fair. The Gilded Age saw Brooklyn’s Renaissance energies diluted by financial and political corruption, planning the Brooklyn Bridge and consolidation with New York City in 1898.