The Real Deal New York

This month in real estate: Small office tenants booted in 1946

Post-war caps favoring housing lead to evictions
By Adam Pincus | June 19, 2014 04:30PM

From the June issue: A combination of regulations drafted under the economic pressures of World War II and a post-war priority toward residential housing led to evictions of small office tenants in Midtown, 68 years ago this month.

That month, the local committee of the U.S. Civilian Production Administration, which regulated building, cut the weekly total of non-residential construction for the region. The agency was under a directive from Washington to reduce commercial construction in New York by 18 percent, because the federal government wanted to direct scarce building materials to housing construction, the New York Times reported. [more]