EconTalk Jason Barr on Building the Skyline and the Economics of Skyscrapers
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Mar 27, 2017 Jason Barr, a Professor of Economics at Rutgers University-Newark and author of "Building the Skyline," discusses the fascinating evolution of Manhattan’s iconic skyline. He reveals how socioeconomic dynamics and settlement patterns, alongside geological factors, shaped the city’s architecture. Barr dives into the impact of public transport on population distribution and how innovations like the elevator enabled skyscraper construction. He also explores the complexities of zoning laws and urban growth, highlighting the balancing act between preserving history and accommodating modern development.
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Manhattan's Land Expansion
- Manhattan's land area has expanded significantly through landfill and the construction of skyscrapers, effectively creating "land in the sky."
- This expansion has accommodated the city's growing population and economic activity.
Skyscraper Boom Drivers
- The skyscraper boom from the late 19th to early 20th century was driven by New York City's rapid growth as a financial and industrial center.
- This growth created immense demand for space, which skyscrapers efficiently addressed.
Decreased Construction Costs
- The cost of adding floors to skyscrapers decreased significantly between 1890 and 1930 due to improved construction logistics and lower steel prices.
- This cost reduction further fueled the construction of taller buildings.
