An entire Manhattan building cost 72000 dollars in 1968

Evidence

Schechner paid $72,000 (enough to buy an entire building) for the Wooster Street garage, thus controlling the largest bloc of votes in the Co-op. His Group moved in on March 1, 1968. In addition to rehearsing Dionysus, they used toothbrushes to scrape years of accumulated grime and grease off the floor. — J. Hoberman, Everything Is Now, 1134

Categorization

• CANDY: Striking price figure — $72,000 for a whole Manhattan building, with artists scrubbing floors with toothbrushes. Great elevator conversation.
• ADDENDUM: Direct data for ‘Grafting & Growth’-adjacent thesis: material conditions (here, absurdly cheap real estate) underwriting creative worlds.