Is Elon's Empire Crumbling?

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

He'll be the last meatpacker in the Meatpacking District. Here's how NYC's gritty 'hood got chic

JOSEPH B. FREDERICK and CEDAR ATTANASIO
November 24, 2024

NEW YORK (AP) -- When John Jobbagy's grandfather immigrated from Budapest in 1900, he joined a throng of European butchers chopping up and shipping off meat in a loud, smelly corner of Manhattan that New Yorkers called the Meatpacking District.

Today only a handful of meatpackers remain, and they're preparing to say goodbye to a very different neighborhood, known more for its high-end boutiques and expensive restaurants than the industry that gave it its name.

Jobbagy and the other tenants in the district's last meat market have accepted a deal from the city to move out so the building can be redeveloped, the culmination of a decades-long transformation.

"The neighborhood I grew up in is just all memories," said Jobbagy, 68. "It's been gone for over 20 years."

In its heyday, it was a gritty hub of over 200 slaughterhouses and packing plants at the intersection of shipping and train lines, where meat and poultry were unloaded, cut and moved quickly to markets. Now the docks are recreation areas and an abandoned freight line is the High Line park. The Whitney Museum of American Art moved from Madison Avenue next to Jobbagy's meat company in 2015.

Some of the new retailers maintain reminders of the neighborhood's meat-packing past. At the exposed brick entrance to an outlet of fashion brand Rag & Bone, which sells $300 leather belts, is a carefully restored sign from a previous occupant, "Dave's Quality Veal," in red and white hand-painted lettering.

Another sign for a wholesale meat supplier appears on a long building awning outside Samsung's U.S. flagship phone store.

But the neighborhood no longer sounds, smells or feels like the place where Jobbagy began working for his father in the late 1960s. He worked through high school and college summers before going into business for himself.

Back then, meatpackers kept bottles of whiskey in their lockers to stay warm inside the refrigerated plants. Outside, "it reeked," he said, especially on hot days near the poultry houses where chicken juices spilled into the streets.

People only visited the neighborhood if they had business, usually transacting in handshake deals, he said.

Slowly but surely, meatpacking plants began closing or moving out of Manhattan as advances in refrigeration and packaging enabled the meat industry to consolidate around packing plants in the Midwest, many of which can butcher and package more than 5,000 steers in a day and ship directly to supermarkets.

Starting in the 1970s, a new nightlife scene emerged as bars and nightclubs moved in, many catering to the LGBTQ+ community. Sex clubs and slaughterhouses coexisted. And as the decades wore on, the drag queens and club kids began giving way to fashion designers and restaurateurs.

By 2000, "Sex and The City" character Samantha had left her Upper East Side apartment for a new home in the Meatpacking District. By the show's final 2003 season, she was outraged to see a Pottery Barn slated to open near a local leather bar.

Another turning point came with the 2009 opening of the High Line, on a defunct rail track originally built in the 1930s. The popular greenway is now flanked by hotels, galleries and luxury apartment buildings.

Jobbagy said his father died five years before the opening and would be baffled at what it looks like now.

"If I told him that the elevated railroad was going to be turned into a public park, he never would have believed it," he said.

But the area has changed constantly, noted Andrew Berman, executive director of local architectural preservation group Village Preservation.

"It wasn't always a meatpacking district. It was a sort of wholesale produce district before that, and it was a shipping district before that," Berman said. In the early 1800s, Fort Gansevoort stood there. "So it's had many lives and it's going to continue to have new lives."

Though an exact eviction date for the last meat market has not been set, some of the other companies will relocate elsewhere.

Not Jobbagy, who has held on by supplying high-end restaurants and the few retail stores that still want fresh hanging meat. He'll retire, along with his brother and his employees, most of them Latino immigrants who trained with him and saved up to buy second homes in Honduras, Mexico or the Dominican Republic. Some want to move to other industries, in other states.

He expects to be the last meatpacker standing when the cleaver finally falls on Gansevoort Market.

"I'll be here when this building closes, when everybody, you know, moves on to something else," Jobbagy said. "And I'm glad I was part of it and I didn't leave before."

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