Loft Conversion has hit downtown Los Angeles, too. Old office buildings, which where once in the business core, like, 40 or 50 years ago, but now sit vacant, on the edge of Skid Row, have been converted to "loft Living". There is now a new type of Urban Yuppie living thereabouts, able to walk to the current Financial District, the Staples Sports Center, and a new supermarket.
But the developers have gotten greedy - and last year, just before the Real Estate market peaked, suddenly the Old Switcheroo was invoked, as Loft managers tried to convert their leased properties to Condos, so as to get their money out in one gigantic sum - and the sudden land rush for Downtown or "Arts District" loft living has stalled, and may plummet. Peole may like living downtown, they have a sense of being Pioneers in an experiment to make LA into a new version of New York, but they ain't gonna sink three quarters of a mil into property that still has a Homeless and Derelict population within a block or two, and may be subject to the next Rodney King Incident and resulting race riot.
Living at Jack London Square? If the Hayward Fault lets go, watch how much of that property becomes like the harbor district of Kobe, Japan, and liquifies.
"Why Coyotes Howl" - I read the web entry, and it somehow seems a little more - vivid - than when I first read it in the collection. Perhaps I just got a better visualisation of the inter-mountain region of New Mexico after the re-read. But what sort of response were you expecting? Other than the current readers of this Live Journal, how many outsiders know that you have posted the story online, and how many know where to find it? How have you publicised it? I think that is the biggest hurdle for posting any fiction to the web - somehow getting the word out to the potential audience.
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momijizukamori
no subject
Date: 2007-04-29 10:53 (UTC)But the developers have gotten greedy - and last year, just before the Real Estate market peaked, suddenly the Old Switcheroo was invoked, as Loft managers tried to convert their leased properties to Condos, so as to get their money out in one gigantic sum - and the sudden land rush for Downtown or "Arts District" loft living has stalled, and may plummet. Peole may like living downtown, they have a sense of being Pioneers in an experiment to make LA into a new version of New York, but they ain't gonna sink three quarters of a mil into property that still has a Homeless and Derelict population within a block or two, and may be subject to the next Rodney King Incident and resulting race riot.
Living at Jack London Square? If the Hayward Fault lets go, watch how much of that property becomes like the harbor district of Kobe, Japan, and liquifies.
"Why Coyotes Howl" - I read the web entry, and it somehow seems a little more - vivid - than when I first read it in the collection. Perhaps I just got a better visualisation of the inter-mountain region of New Mexico after the re-read. But what sort of response were you expecting? Other than the current readers of this Live Journal, how many outsiders know that you have posted the story online, and how many know where to find it? How have you publicised it? I think that is the biggest hurdle for posting any fiction to the web - somehow getting the word out to the potential audience.