November 20, 2015

Gentrification in New York: One Block of Bed-Stuy:

As we crossed both Washington Heights in Manhattan and Mt. Eden in The Bronx, connected by the High Bridge, I couldn’t avoid the dilemma of gentrification: does this improvement in public amenity put pressure on the existing housing stock, increasing values, and hence rents, for those for whom this improvement was built – but will no longer be able to afford to live there?
Or is it absurd to blame attempts to make the city more livable when the underlying reasons are a consequence of more profound shifts in the economy and society?
The issue of gentrification was addressed in a recent issue of New York magazine, which took one block of a similar neighbourhood, Bedford-Stuyvesant in Brooklyn, and explored its history and the people who live there.
I doubt you will have seen a more graphically interesting presentation of a story online this year:

 
Bed-Stuy

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