This is the ninth official episode, breaking down the 1974 Pulitzer Prize winning book, The Power Broker by our hero Robert Caro.

This week, Roman and Elliott also sit down with Majora Carter, an urban revitalization strategist and real estate developer from the South Bronx. Growing up, she always viewed the neighborhood as a place she had to leave in order to find success. But as she got older, she began to undo some of Robert Moses’ legacy, like building Hunt’s Point Riverside Park along the Bronx River. She is a champion for bettering neighborhoods like the South Bronx, so that they are places where people want to remain—even when they have been ruined by a tyrant.

On today’s show, Elliott Kalan and Roman Mars will cover the third section of Part 6 (Chapter 35 through Chapter 38), discussing the major story beats and themes.

The Power Broker #09: Majora Carter

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Karen MacDonough had paid her mortgage for years, raised her family, and lived a quiet life in her Quincy, Massachusetts home—until one day, a group of strangers appeared on her lawn, claiming her house was up for foreclosure. What followed was a surreal discovery of “zombie mortgages,” forgotten second loans from the housing bubble era that have come back to haunt homeowners like Karen. As real estate prices rise, debt collectors are reviving these dormant debts, threatening homes across the country.

This episode is from our friends at Planet Money, a podcast about economics...possibly the biggest thing that we all collectively try not to think about, only to have it greet us at the grocery store, at the gas station, even in our homes. This episode illustrates how massive forces pull at the economy like tides and create ripple effects in our lives, like how a decade-old loan can suddenly come back to life and take everything away.

Subscribe to Planet Money wherever you get your podcasts. They also have a digital piece with further reporting on Zombie Mortgages from NPR’s Investigations Team. You can find that at npr.org/zombie.

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Once considered the most dangerous city in the world due to drug cartel violence, by the early 2000s Medellin had reinvented itself. But gentrification is allowing criminal gangs to reap large profits from a shadow economy powered by the tourist boom.

Medellin, Revisited

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