Can't say it better

Reprinted from a letter to the NY Sun, written by local LES resident, Rima Finzi-Strauss:

"I believe that Manhattan dies a little each time middle and working class housing is lost to planned luxury condominium development. Without diversity, which has always made New York special, Manhattan will shortly become a dull sprawling bedroom community for celebrities, Wall Street financiers, rich out-of-towners, and foreign investors. The transformation, unfortunately, seems almost complete."