Where do you expect most of NYC's poor will be pushed to? (New York: apartment, insurance)
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This is not a new thing- look at the past for examples. What we are seeing now is a complete cycle of 'white flight' vs gentrification. For example, my grandparents grew up in Brownsville (we're white and Jewish, fyi). There is a really cool book that talks about the history of Brownsville called 'Brownsville, Brooklyn: Blacks, Jews and the Changing Face of the Ghetto'..if you google it you can read most of it on google books. White flight happened hardcore in Brownsville in the 1950s and 60s, DESPITE the fact that most of the initial NYCHA residents in the newly built projects were white for the first few years of the building's existence. Brownsville, as I'm sure we all know, is predominantly black, low income and high crime. As gentrification continues to push toward Brownsville it will begin to change. It's all a cycle. (And FYI I use the term 'white flight' because it's historically how we have viewed these changes- I suppose it might be more politically correct to use 'yuppie flight' lol). It only takes one major event to restart the cycle- i.e. Hurricane Sandy- Rockaway is still in shambles in areas. Many tenants have left. Apartments in Rockaway are dirt cheap to get people back out there. Voila, cheap neighborhood. Low income tenants come, more upper income tenants leave. Not saying this will happen, but it certainly could, particularly in the worst hit areas.
The days of "White flight" from urban cores are done.
Gentrification is world wide, this is not only occurring in the USA. Cities are full of amenities and where the jobs are. Millennials see no sense in living in suburbs/exburbs, and are not trying to flee the Blacks nor other minority groups. In fact millennials prefer diversity. Gasoline is not going to drop in price nor do they want to deal with traffic. Walkability and dense communities are most desirable. Cities are Greener and energy efficient.
NYC is a world class city and we will see significantly more gentrification over time.
As for the Rockaways, the newer housing was largely unscathed by the storm. They were built with sea level rise in mind. The same goes for other coastal areas in the city. Hurricane Sandy was more an inconvenience for NYC then a nail in the coffin.
The days of "White flight" from urban cores are done.
Gentrification is world wide, this is not only occurring in the USA. Cities are full of amenities and where the jobs are. Millennials see no sense in living in suburbs/exburbs, and are not trying to flee the Blacks nor other minority groups. In fact millennials prefer diversity. Gasoline is not going to drop in price nor do they want to deal with traffic. Walkability and dense communities are most desirable. Cities are Greener and energy efficient.
NYC is a world class city and we will see significantly more gentrification over time.
As for the Rockaways, the newer housing was largely unscathed by the storm. They were built with sea level rise in mind. The same goes for other coastal areas in the city. Hurricane Sandy was more an inconvenience for NYC then a nail in the coffin.
Here is the Arverne by the Sea development and this portion of it (don't know how extensive the damage is) seems to have been severely impacted by Sandy. You can even see adjacent buildings which are clearly at the same sea level so it's likely they were impacted similarly.
^ that doesn't seem to be so "Severely Impacted". Unless they already replaced all the windows and doors, it only seems like it would be first floor flooding and most of which would be a garage.
There will always be subsidized housing for the non-working and low wage people. Service industry workers are needed in NYC. Commutting is expensive so you can't pay someone $7.25/hour and expect them to commute to the city from Poughkeepsie or New Haven for $400+/month. It's the working/middle class people who qualify for no assistance that will be pushed out by the housing costs. I've already experienced this first hand. Many of my friends with families that make between 40k-100k have left NYC due to lack of housing options. Nyc is going to be a city of rich and poor with a very small middle class. Dh and I are also thinking about getting out of here just for that reason. Can't afford the nicer areas and we aren't fond of paying market rent to live next to sec 8 people or buying a house next to the pjs.
eventually there won't be as much of a push outward. If the main business districts stay in manhattan then there won't be too much of the "rich" that would want to get an apartment way out in flushing even though it's a newly built luxury high rise.
If the businesses keep moving outward with the gentrification, then It would be business as usual. The lower income earners would still be able to live the same x distance from work as their job would move further outwards as it would be cheaper for the business to operate there now.
The only way uptown/Bronx/Harlem really take off is if 125th becomes a CBD...ie major financial institutions, or industries set up shop and make it a major office district with office towers, etc. If 125th sees large office building development, you'll know uptown is about to explode.
A lot of people with lower incomes who are priced out of NYC are relocating to the exburbs and smaller, cheaper cities like Reading, PA; Lancaster, PA; or Newburgh, NY. The biggest problem with that is the lack of jobs and other amenities in those areas.
Urban neighborhoods in NYC are expected to continue being gentrified.
Due to various forms of rent control available, there will always be solid population of lower income people. I mean, doesn't the NYCHA alone contain a million residents?
Case in point is the massive influx of the mainly Puerto Rican Poor that have moved into Allentown, PA's Center City area over the past 20 years.
This is slowed considerably since gentrification is taking hold of the south side of Center City and is moving north
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