Hamilton Nolan · 01/26/15 03:52PM

"In the late 1960s, more than half [53%] of the households in the United States were squarely in the middle, earning, in today's dollars, $35,000 to $100,000 a year... But since 2000, the middle-class share of households has continued to narrow [to 43%], the main reason being that more people have fallen to the bottom."

Hamilton Nolan · 01/23/15 03:35PM

The Wall Street Journal calculates that if Bill Ackman took the elevator up to his $90 million Manhattan penthouse apartment every day for a year he would travel 125 vertical miles—high enough to put him in outer space, which is not a bad idea.

Hamilton Nolan · 01/23/15 12:05PM

Qualcomm, a public company, revealed this week that it gave $95 million in stock grants to two top executives last year just to prevent them from leaving—including $45 million to former CEO Paul Jacobs, "the son of co-founder and former chairman Irwin Jacobs." This is how the corporate meritocracy works.

Microlending Isn't All It's Cracked Up to Be

Hamilton Nolan · 01/22/15 03:50PM

Not long ago, "microlending" was the world's hottest poverty-fighting tactic—the UN even declared 2005 to be the "International Year of Microcredit." Now, a barrage of new studies say that microcredit isn't as great as everyone thought it was.

Rikers Guards Who Brutalized Inmate Over Sandwich Fired 33 Months Later

Andy Cush · 01/22/15 01:40PM

Budnarine Behari, a Rikers Island captain who oversaw the April 2012 hogtying and beating of a mentally ill inmate who had complained about not receiving a baloney sandwich, was fired this week along with five other officers at the prison. Great. But before he was dismissed, Behari had the opportunity to administer equally sadistic attacks on at least two other prisoners. What the hell took so long?

Hamilton Nolan · 01/21/15 04:15PM

A new report says that the U.S. metropolitan area with the single highest concentration of millionaires is: Los Alamos, New Mexico. Just as you would have guessed.

Jason Parham · 01/21/15 03:05PM

Martin Horn, the former City Department of Correction Commissioner, knows how we can fix Rikers. "Jails should be close to the communities they serve and the courthouses where prisoners' cases are heard," he says. "It requires political courage for the city to address these issues." Courage and, uh, tax dollars.

Hamilton Nolan · 01/20/15 11:42AM

Brooklyn's opulent new Pierhouse development, which blocks the public's view of the Brooklyn Bridge, has "topped out," meaning that if Almighty God were to strike it with a rogue wave now, He could wash away all of its cursed floors, instead of just some. If He wanted to...

Sure

J.K. Trotter · 01/19/15 11:35AM

NYPD Cop: Bill de Blasio Is “Sucking the Cock of Every Protester”

J.K. Trotter · 01/19/15 10:45AM

Over the weekend, the New York Review of Books published a long essay by Michael Greenberg about the standing hostility between mayor Bill de Blasio and the New York City Police Department. While writing the piece, Greenberg found himself at a bar in Glendale, Queens, where several N.Y.P.D. cops had gathered after the funeral of slain Officer Rafael Ramos. What did they talk about? Bill de Blasio “sucking the cock of every protester” of police brutality—and a lot more:

DOJ Limits U.S. Law That Lets Cops Take Your Stuff Without Arresting You

Andy Cush · 01/16/15 02:33PM

Civil asset forfeiture—the process by which police can legally take your house from you because your son bought $40 worth of drugs, or steal your car or your money without charging you with a crime—was dealt a serious blow today after U.S. Attorney General Eric Holder announced that state and local police departments would be all but barred from seizing assets under a particular draconian federal law.

The Streets of San Francisco Are Covered in Human Shit

Andy Cush · 01/16/15 11:23AM

Poop on Mission Street. Poop between cars. Poop in the alley. Poop in the Tenderloin. Poop in the escalator—so much poop that the escalator breaks down under the strain of all that poop. Everywhere you look, San Francisco residents are saying, there is poop, poop, poop.

"Why History Will Eviscerate Obama," Annotated

Scott Lemieux · 01/15/15 12:18PM

The correct answer to the question of how future historians will view Barack Obama's presidency 50 years from now is "I have no idea." But this, admittedly, is no fun.

Manhattan Billionaires' Tower Rains Debris on Unsuspecting City Below

Andy Cush · 01/15/15 10:42AM

According to a complaint filed yesterday with the New York City Department of Buildings, an eight-foot-long section of pipe fell from a hoist car on the 81st floor of 432 Park Avenue, crashing to the ground in front of an occupied building across the street. The under-construction tower—the tallest residential building in the Western hemisphere—is now under a full stop work order from the DOB, Curbed notes.