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At some point it will stop and probability states that it will be sooner rather than later. I love seeing more developments as that brings us ever closer to equilibrium in the housing market.
That doesn't mean that rents will crash. They will most likely stabilize or dip a bit.
The single most reason that rents are so high in NYC is simply due to the very low supply of free market apartments. I wish they build up every damn inch of this city. The zoning laws in NYC are abhorrent.
That's just it, most of the building is concentrated in former industrial neighborhoods that have lots of vacant lots, or neighborhoods like Harlem they have a lot of bordered up buildings from the 70s (they didn't want to rent out to more poor people). I'm going to say the construction in Manhattan, Western and Central Brooklyn and Western and Central Queens will be largely over in 5 years or so (a lot of major projects are already happening and will finish far sooner).
Yawn. It's been the same regurgitated story coming out of Mott Haven for many, many, many years now. Show me something outside of the bruckner scope. I've known Mott Haven for over 20 years and a Dunkin Donuts opening on 138th and Alexander, clock tower lofts and Bruckner restaurants (which are almost always empty, excluding Bruckner Grill) is about the only visual change that's occurred. That's hardly gentrification for most people. You know that bronxguyanese! I see white people coming in and out of the 6 train station too! I see the influx and crowded morning platforms too! I also see GARBAGE food shopping choices (outside of the Western Beef Renovation) I also see masses and masses of ghettoness on the street too. And trust me, the day WILLIS avenue is gentrified, that's when I'll BELIEVE something great is about to happen. I've met several artists already who moved into the Bruckner and they are great people. One of them is a mutual friend of my cousin, who is a filmmaker. He lives in a loft and is a great dude and really wants to see change occur. A lot of these people moving along the bruckner, they are great, but they are not naive, they know a LOT, a TON of work needs to be done. You won't see yuppies breed a family in mott haven anytime soon. Everyone I've met has been anything from 20 somethings to early 30 singles, artists, writers, developers. None of em were planning on having a baby. I mean, good luck having your child play in a mott haven playground with goons! You also wouldn't have someone new to the Bronx visit you and make them EVER cross willis or brook avenue without cringing.
Sizzling? More like sporadic sparks
I know 3 couples in Mott Haven/Port Morris who have had babies in the past two years. There are a lot of families and couples who have moved in. Don't be so sure.
I know 3 couples in Mott Haven/Port Morris who have had babies in the past two years. There are a lot of families and couples who have moved in. Don't be so sure.
The big problem with Mott haven is high pollution which will impact on one's long term health such as asthma, due to high pollution many can be less physically active which might cause more diabetes, high blood blood pressure and obesity. Speaking of diabetes and obesity, the options in the area is lacking, but it's improving some what. Let's not forget Mott Haven does not have good public school options besides 2 Catholic schools and 1 or 2 charters . I'm from the area and I do not want to start a family in that area.
The big problem with Mott haven is high pollution which will impact on one's long term health such as asthma, due to high pollution many can be less physically active which might cause more diabetes, high blood blood pressure and obesity. Speaking of diabetes and obesity, the options in the area is lacking, but it's improving some what. Let's not forget Mott Haven does not have good public school options besides 2 Catholic schools and 1 or 2 charters . I'm from the area and I do not want to start a family in that area.
The diabetes is because poor people don't exercise or go outside and walk and that isn't because of pollution. Look at how fat a lot of poor Blacks and Hispanics get and it just isn't Mott Haven. That's a consequence of bad diet and doing nothing in your life.
The diabetes is because poor people don't exercise or go outside and walk and that isn't because of pollution. Look at how fat a lot of poor Blacks and Hispanics get and it just isn't Mott Haven. That's a consequence of bad diet and doing nothing in your life.
Asthma can impact physical activity of individuals. No physical activity increase cardiovascular health problems. Mott haven has some of the highest asthma rates in the country I would not want to raise a child their. I'm more afraid of pollution than gun violence. Let's not forget about noise pollution. Low flying planes landing and taking off from lga passes over Bruckner during certain times, gas powered rail cars horns at night can awaken entire neighborhood for meters on end and loud automobiles.
Asthma can impact physical activity of individuals. No physical activity increase cardiovascular health problems. Mott haven has some of the highest asthma rates in the country I would not want to raise a child their. I'm more afraid of pollution than gun violence. Let's not forget about noise pollution. Low flying planes landing and taking off from lga passes over Bruckner during certain times, gas powered rail cars horns at night can awaken entire neighborhood for meters on end and loud automobiles.
Except people in Mott Haven are fat due to cultural reasons, the same reason why one sees lots of fat people in any poor Black or Hispanic ghetto.
Western Queens is gentrifying despite air traffic and despite expressways such as the BQE, Grand Central Parkway, and the LIE.
None of what you are saying has put a dent in real estate purchases in Mott Haven itself.
What really makes Mott Haven a dump is the people living there. Replace them with more affluent people, put in more amenities and you have a very different neighborhood.
Except people in Mott Haven are fat due to cultural reasons, the same reason why one sees lots of fat people in any poor Black or Hispanic ghetto.
Western Queens is gentrifying despite air traffic and despite expressways such as the BQE, Grand Central Parkway, and the LIE.
None of what you are saying has put a dent in real estate purchases in Mott Haven itself.
What really makes Mott Haven a dump is the people living there. Replace them with more affluent people, put in more amenities and you have a very different neighborhood.
You talk, the talk. Why don't you walk the walk and move to Mott haven and be an urban pioneer?
You talk, the talk. Why don't you walk the walk and move to Mott haven and be an urban pioneer?
Because I already have a place in Manhattan and as I get more money I would move further downtown.
And I was never at the forefront of gentrification. I leave that work to others. But my point still stands. The only thing "bad" about Mott Haven is the PEOPLE living there. Replace the people there with more affluent people and put in more amenities and it becomes a nicer area.
You talk, the talk. Why don't you walk the walk and move to Mott haven and be an urban pioneer?
Don't waste your energy on that guy.
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