Money in the Toilet
Sunday, April 14, 2019
Posted by Daniel Greenfield The fastest rising item in the country isn’t gold or bitcoin, it’s the cost of a public bathroom.
In ’08, a San Francisco Weekly article fumed that a park restroom in Golden Gate Park was costing taxpayers $531,219. Fast forward, a decade later the cost of a park restroom in the Golden Gate Boathouse had ballooned to $2 million or $4,700 per square foot.
The modern bathroom had a third All-Gender option that the ’08 bathroom didn’t. But adding a non-gender shouldn’t have quadrupled the price. Inflation would have kept the cost well below a million.
Why did a 15-foot by 28-foot bathroom cost millions? Part of the answer may be that San Fran privileges minority businesses and requires that 15% of work hours be carried out by “disadvantaged†workers.
New York City’s bathrooms were always pricey. In ’08, they ran to a million. A recent report noted that the overpriced real estate market had pulled off a new high with a $6 million bathroom. Fit not only for a king, but for Steve Austin. The bionic bathroom is a new record. Last year’s record was a $4.7 million bathroom in the Bronx. An average park bathroom in the Big Apple now runs to $3.6 million.
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