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Well, that’s not actually what the piece says. It says that “New York is shucking off its aging walk-ups, its small and mildewed structures, its drafty warehouses, cramped stores, and idle factories,” and that “in their place, the city is sprouting a hard, glistening new shell of glass and steel. Bright, seamless towers with fast elevators and provisional views spring up over a street-level layer of banks and drugstores.” 

The essay does mention Chicago, in noting that change doesn’t have to be bad: “The most admired, most architecturally resplendent cities are the products of major destruction: Paris, gutted by Baron Haussmann in the mid-nineteenth century, Chicago and London, leveled by fire; Rome, radically reorganized by Pope Sixtus V in the late 1580s; San Francisco, flattened by an earthquake in 1906. I’m not advocating growth through trauma, only pointing out that periods of rapid change can be spectacularly constructive and that the results outlast the pangs.”