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Deals Quotes

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“The idea, shared by many, that life is a vale of tears, is just as false as the idea shared by the great majority, the idea to which youth and health and riches incline you, that life is a place of entertainment. Life is a place of service, and in that service one has to suffer a great deal that is hard to bear, but more often to experience a great deal of joy. But that joy can be real only if people look upon their life as a service, and have a definite object in life outside themselves and their personal happiness.”

“When the back-to-the-cities trend started taking root, albeit very unevenly, cities were so glad to finally land deals that they routinely overpaid, not having a solid grasp of the demographic and market forces they should have been channeling instead of subsidizing. It’s especially true for retail and entertainment projects, which generate very poor-quality jobs. I have yet to find a city that has figured out how to ‘take the foot off the pedal’ and stop over-subsidizing, even when gentrification becomes a problem.”

“People forget that art is not just a piece of entertainment. It is the place where we collectively declare our values and then act on them. That's one of the most powerful things we have as a community: our culture and our art. And it's the intersection between life and how people deal with life. It's the most important thing we do.”