I spent this morning in the suburbs bouncing around to a few different meetings. I then came back downtown so that I could get some actual work done in the office. And then after that, I was around downtown getting a bunch of different things done.
I am mentioning this to you all because today I was reminded of how different the metabolic rate can feel in the city compared to the suburbs. There are even studies suggesting that people walk faster in larger cities.
Some businesses, of course, require a lot of space and the economics simply do not work in the core of the city. We all get that. But if you’re competitive advantage is human capital, then this is something to think about.
I feel like I spent most of my morning driving around, which I’m not complaining about, except that I could have probably had 3x as many meetings in the city during that same period of time. If you multiply that out over time, then we’re talking about a material spread in overall productivity.
And we haven’t even touched on those fortuitous urban encounters, which do happen and do provide all sorts of benefits. As much as we’re all connected like never before – through things like, well, this blog – there’s nothing like shaking somebody’s hand and looking them in the eyes.
I spent this morning in the suburbs bouncing around to a few different meetings. I then came back downtown so that I could get some actual work done in the office. And then after that, I was around downtown getting a bunch of different things done.
I am mentioning this to you all because today I was reminded of how different the metabolic rate can feel in the city compared to the suburbs. There are even studies suggesting that people walk faster in larger cities.
Some businesses, of course, require a lot of space and the economics simply do not work in the core of the city. We all get that. But if you’re competitive advantage is human capital, then this is something to think about.
I feel like I spent most of my morning driving around, which I’m not complaining about, except that I could have probably had 3x as many meetings in the city during that same period of time. If you multiply that out over time, then we’re talking about a material spread in overall productivity.
And we haven’t even touched on those fortuitous urban encounters, which do happen and do provide all sorts of benefits. As much as we’re all connected like never before – through things like, well, this blog – there’s nothing like shaking somebody’s hand and looking them in the eyes.
According to a recent study out of UCLA, which I discovered via this Curbed article, American families tend to spend most of their time at home in informal, rather than formal, spaces. That means more time in the kitchen and family room, as opposed to in the living room and formal dining room.
I’m sure this comes as no surprise to all of you. Was a study necessary? Maybe you even have plastic on the furniture in your formal rooms because, you know, they’re reserved for “entertaining.” The reason I mention this is because I thought it was funny how Kate Wagner describes this phenomenon in her Curbed article:
The ironic inefficiency of hyper-exaggerated high-end entertaining spaces belies a truth: These spaces aren’t really designed for entertaining. They’re designed for impressing others. And not just impressing others: After all, it’s general politeness to compliment a host on their home no matter how impressive it is. The real goal, deeply embedded in these oversized, over-elaborate houses, is not for guests to say, “Oh wow, this is nice,” but to make them think, “Oh wow, this is nicer than what I have and now I feel jealous and insecure.” In true American irony, these giant “social” spaces (and McMansions in general) are birthed from a deeply antisocial sentiment: making others feel small. Considering that so often our guests are members of our own family adds another layer of darkness to the equation.
For those of you who aren’t familiar with Kate Wagner, she is the founder of McMansion Hell, which is a hilarious website dedicated to blasting McMansions. A pejorative term for houses that privilege raw size and the appearance of wealth over quality. Now that you know that, I am sure the above blurb makes a lot of sense.
According to a recent study out of UCLA, which I discovered via this Curbed article, American families tend to spend most of their time at home in informal, rather than formal, spaces. That means more time in the kitchen and family room, as opposed to in the living room and formal dining room.
I’m sure this comes as no surprise to all of you. Was a study necessary? Maybe you even have plastic on the furniture in your formal rooms because, you know, they’re reserved for “entertaining.” The reason I mention this is because I thought it was funny how Kate Wagner describes this phenomenon in her Curbed article:
The ironic inefficiency of hyper-exaggerated high-end entertaining spaces belies a truth: These spaces aren’t really designed for entertaining. They’re designed for impressing others. And not just impressing others: After all, it’s general politeness to compliment a host on their home no matter how impressive it is. The real goal, deeply embedded in these oversized, over-elaborate houses, is not for guests to say, “Oh wow, this is nice,” but to make them think, “Oh wow, this is nicer than what I have and now I feel jealous and insecure.” In true American irony, these giant “social” spaces (and McMansions in general) are birthed from a deeply antisocial sentiment: making others feel small. Considering that so often our guests are members of our own family adds another layer of darkness to the equation.
For those of you who aren’t familiar with Kate Wagner, she is the founder of McMansion Hell, which is a hilarious website dedicated to blasting McMansions. A pejorative term for houses that privilege raw size and the appearance of wealth over quality. Now that you know that, I am sure the above blurb makes a lot of sense.
and then click on “Learn More” to cycle through the slides and data.
One interesting takeaway is that population growth continues to centralize in the region’s core. Since 2010, 60% of the region’s population growth has taken place in the five boroughs of New York City, and in particular it has occurred in neighborhoods with strong rail transit.
There has also been a slowing in terms of the number of residents leaving New York City. Historically, people moved to the city in their 20′s and left in their 30′s. That trend is slowing.
I suspect this has to do with a combination of factors, including the shift toward a city-centered knowledge economy; the desire for walkability and urban amenities; the phenomenon of people getting married later in life (if at all); and so on.
The people who do leave the city are also more likely to leave for other parts of the U.S. than other parts of the region. This has led to a decline in the number of prime age (25-54 years old) workers in the suburbs.
Check out the Metro Region Explorer, here. There’s a lot of good stuff in there.
metro region explorer
” online that allows you to explore population, housing, and employment trends in the tri-state NYC Metropolitan Region.
and then click on “Learn More” to cycle through the slides and data.
One interesting takeaway is that population growth continues to centralize in the region’s core. Since 2010, 60% of the region’s population growth has taken place in the five boroughs of New York City, and in particular it has occurred in neighborhoods with strong rail transit.
There has also been a slowing in terms of the number of residents leaving New York City. Historically, people moved to the city in their 20′s and left in their 30′s. That trend is slowing.
I suspect this has to do with a combination of factors, including the shift toward a city-centered knowledge economy; the desire for walkability and urban amenities; the phenomenon of people getting married later in life (if at all); and so on.
The people who do leave the city are also more likely to leave for other parts of the U.S. than other parts of the region. This has led to a decline in the number of prime age (25-54 years old) workers in the suburbs.
Check out the Metro Region Explorer, here. There’s a lot of good stuff in there.
