Posts Tagged ‘sunshine’

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    A Property Right: The Sunny Side of the Street

    Sep 29, 13 • 213 Views • Demand, Supply, and Markets, Economic Debates, Economic History, Environment, Government, Lifestyle, RegulationNo Comments

    On one side of Manhattan’s 5th Avenue, rents are $3500 a square foot. The other? $3000. The reason is the sun. Starting at 49th street, walking uptown on the sunny side, you would pass Saks, Cartier, Diesel, DeBeers, Tiffany, Apple.  By contrast, on...