The Value Of Outdoor Space

Private outdoor space, such as balconies and terraces, are valuable assets to highrise urban dwellers in New York City -- at least, on paper. Whether or not they are actually used to enjoy the outdoors is another issue entirely.

"In the real estate market, outdoor space is gold. It's expensive, it's rare, and it can add enormous value to a home.

You would think then that people would not only want it, they would love it, use it, even flaunt it.

But New Yorkers have complex relationships with their outdoor spaces. At this time of year, as the weather grows warmer, their true feelings about those spaces are particularly manifest. Some residents are readying their flower boxes and painting their trellises, while other are doing what they always do - turning their backs on their balconies, which have become storage areas for things like rusty bikes and old doghouses."

Full Story: The High Life

Comments

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95
Wood necklace with city map

City Necklaces

These sweet pendants are engraved on a cedar charm with a mini map of selected cities. The perfect gift for friends and family or yourself!
$28.00
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00