On corners: My father and Jane Jacobs

by Sandy Ikeda

Also in “The City” section of Sunday’s The New York Times is a fun article about city corners called “Cornerville” that details the intensity of life at a particular spot of urban convergence, the intersection of 23rd Street and 7th Avenue, near the famed Chelsea Hotel.  (Curiously, the article seems to just stop without really ending.)

Anyway, my late father often told me, when I was very young and more interested in real estate values than in studying cities, that it’s best to invest early in corner properties, whether in the city or country.  He prospered by following this strategy, but he didn’t explain why it worked.  Jane Jacobs does, sort of. Continue reading