Detroit by Air – NYTimes.com

Great photographs of Detroit, saying so much. Above is a photo of the dividing line between Grosse Pointe Park and Detroit. As they say: location is everything. So much money on one side of the line, so little on the other. Detroit by Air – NYTimes.com.

Boston Fed’s Latest Role: Community Organizer – NYTimes.com

Interesting initiative by the Boston Federal Reserve, making grants to small- and mid-sized distressed cities in Massachusetts. It’s called the Working Cities Challenge, funneling money from private donors to cities based on an application process. I think the headline “community organizer” is a bit of a misnomer, I’m not sure …

Bailing on Detroit – Jamie Peck

Jamie Peck, Geography professor at The University of British Columbia, has written quite a bit about neoliberalism, what he calls “austerity urbanism” and the ongoing saga of Detroit’s finances. He has an insightful blog post on how terms like bailout, responsibility, and federalism are serving to seal Detroit’s fate as …

Chicago’s Credit Rating Downgraded by Moody’s – NYTimes.com

The pension battle in Chicago and Illinois will be fueled by Moody’s latest announcement: Moody’s Investors Service downgraded Chicago’s credit rating, citing the city’s unfunded pension liabilities. The agency announced Tuesday it was lowering the rating on $8.3 billion in debt to Baa1, from A3, putting it only three notches above junk status. …

Detroit Ruin, quantified

So many articles (and a dissertation) to write about Detroit, so little time. Meanwhile, the New York Times’ Monica Davey keeps on writing about the struggling city, with a piece today about “Detroit Ruin.” The city is building a database, with pictures, of Detroit’s abandoned properties. Everyone here has long known …