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11-12-2007, 01:10 PM
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I ♥ Affordable Housing - NYC Mod
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Join Date: May 2007
Location: "DA VERNE" aka Arverne, NY
2,952 posts, read 3,071,661 times
Reputation: 383
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The De-gentrification of Red Hook
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11-12-2007, 01:49 PM
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Senior Member
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Join Date: Aug 2007
808 posts, read 891,674 times
Reputation: 197
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It was stupid to gentrify Red Hook in the first place. I always though. It is too complicated to get to Manhattan.
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11-12-2007, 02:30 PM
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I ♥ Affordable Housing - NYC Mod
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Join Date: May 2007
Location: "DA VERNE" aka Arverne, NY
2,952 posts, read 3,071,661 times
Reputation: 383
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Quote:
Originally Posted by mead
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lmao @ hipstepher columbus |
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11-12-2007, 04:43 PM
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Senior Member
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Join Date: Jul 2007
875 posts, read 1,200,868 times
Reputation: 162
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+1 for the ghetto.
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11-12-2007, 06:17 PM
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Senior Member
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Join Date: Sep 2006
441 posts, read 439,363 times
Reputation: 115
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I wonder how far this is going to spread. I doubt that RH is going to be a unique case in NYC.
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11-13-2007, 12:56 AM
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Senior Member
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Join Date: Nov 2006
Location: Bronx, NY
2,809 posts, read 4,351,065 times
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No I think Red Hook is unique. Hipsters & Yuppies move to Brooklyn looking for good looking old buildings and a short commute to Manhattan. Red Hook has neither, so it doesn't seem to be succeeding.
I seriously doubt the Hipsters/Yuppies will be able to expand much further though as the credit markets are tightening and the economy is becoming destabilized. I don't think they will loose any of their neighborhoods though. If anything more yuppies might start arriving when real estate prices have gone down and they think its time to go bargain hunting.
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11-13-2007, 03:30 PM
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Senior Member
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Join Date: Sep 2006
441 posts, read 439,363 times
Reputation: 115
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Yes, that was what I meant. And since areas like Bushwick, Crown Hts and Bed Stuy etc. are at the tail end of the gentrification. I am thinking that it will start to hold off in those areas as far as purchases. Rentals are always another story.
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11-13-2007, 09:57 PM
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Senior Member
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Join Date: Aug 2007
Location: Bronx
216 posts, read 261,846 times
Reputation: 36
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GREAT !
now , if only we can de-gentrify manhattan and make it an interesting place again.
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11-14-2007, 11:31 AM
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Senior Member
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Join Date: Jul 2007
3,756 posts, read 2,686,783 times
Reputation: 1021
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Granted my info is a bit date, but as I recall, the Hook had some rather violent housing projects besides the aforementioned lack of a quick way to Manhattan.
But it has great views and a potential nice waterfront. So you would have to close down the PJs and inplement a regular express shuttle to the subway.
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