
Uptown in the mid-1970s was a study in contrasts. The affluent near Lake Shore Drive and the poor lived just blocks apart. From the symmetry of window shades and the empty apartments in this shot, I surmise that this building was not quite completed when I took the shot. Redevelopment was marching relentlessly north during the Sixties and early Seventies. Then, in the recession that followed the OPEC oil embargo in late 1973, the pace of redevelopment slowed. People hung onto their money. Most investors sought safer havens than Uptown real estate.