Fred and Harry Siegel on the Future of New York City after COVID-19
On today’s episode of Feudal Future hosts Joel Kotkin and Marshall Toplansky are joined by guests Harry and Fred Siegel. Fred is a senior fellow at the Manhattan Institute for Policy Research. His son, Harry is a senior editor at the Daily Beast. Their conversation covers the future trends of cities, the workforce, and Manhattan. They begin by discussing how the work-from-home and pandemic crisis in New York have led landlords to write an open letter to New York Mayor, Bill de Blasio.
Fred and Harry discuss the migration from New York and how many people have left the city due to the coronavirus. New work-from-home policies for many companies. Both Fred and Harry and the hosts stress that migration from New York was happening long before the pandemic. There was a real estate crisis before the pandemic, but the pandemic amplified and sped up those situations. There are ways to turn this into an opportunity, Harry says by working to create a more breathable and affordable city that works for the people who actually live there.
Urbanists and policy makers Joel stresses, should be more focused on the mobility of businesses. Small business made New York interesting, these businesses have been bleeding with the cost of doing business. New York has been in crisis before, Fred explains that there has been a revival of the city, but Fred and Harry disagree with how the city comes back this time. As the episode ends, Joel asks Harry and Fred to list three things they believe would need to happen to begin reinventing New York. Harry stresses addressing cost of living, quality of life and quality of the school system. Fred lists sanitation, addressing homelessness and mental illness.
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