Last evening fixBuffalo fan tipped me off to a Craigslist add for rentals here at Artspace, when I went to show that this afternoon, it had been pulled. Then, I started paying more attention to the comment stream from a recent Artspace post - Behind Main Street - from a few weeks back. Especially these two comments here and here.
Later this afternoon and talking with a few people about what this might mean, I was directed to a short article in the Hartford Courant - Artist Housing Threatened - from last week.
And the case appears to rest on this...
One of the effective tools for reviving cities has been the use of subsidized housing for artists. Unfortunately, that tool is now threatened.However, this positive experiment in urban revival is in danger, thanks to a recent wrongheaded ruling by the IRS read the rest...
Mimicking the movement of artists to neighborhoods such as Greenwich Village in years past, federally subsidized artist housing is helping revive three dozen cities in 19 states, including four ArtSpace projects in Connecticut.
The projects bring stimulating and diverse "creative class" talent to downtowns, preserve historic buildings, anchor or augment urban arts districts, and provide useful space for art and community activities.
The IRS said ArtSpace violated a rule against renting units to a "social organization," making them unavailable to the general public.Meanwhile the construction delays on Main Street are mounting and hearing that there is now growing concern amongst investors regarding their investment, as well.
the creativity exchange • CEOs for Cities