Ha, never thought I'd see Sharon Zukin referenced on HN.
"Loft Living" is a great book, although it's been a minute since I read it. To quibble on a minor point -- if I remember correctly, a major part of that book was pushing back on the narrative on part of that cycle, that these factory spaces "lay empty".
Something she describes in this book is that these factory spaces were still very much in use by light manufacturers, and that it was the rich real estate interest specifically targetting this area for redevelopment that pushed a narrative that it "lay empty" so that they could more easily get the neighborhood rezoned and push out the manufacturers for more lucrative residential tenants.
"Loft Living" is a great book, although it's been a minute since I read it. To quibble on a minor point -- if I remember correctly, a major part of that book was pushing back on the narrative on part of that cycle, that these factory spaces "lay empty".
Something she describes in this book is that these factory spaces were still very much in use by light manufacturers, and that it was the rich real estate interest specifically targetting this area for redevelopment that pushed a narrative that it "lay empty" so that they could more easily get the neighborhood rezoned and push out the manufacturers for more lucrative residential tenants.