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Old 10-24-2015, 12:49 PM
 
25,556 posts, read 23,889,069 times
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Quote:
Originally Posted by Bronxguyanese View Post
Besides the Bronx. Brooklyn also has some of the highest levels of poverty in the country. Even with gentrification, data has been provided that shows no one benefited from gentrification except for a small few people and poverty still grew.

Did I Abandon My Creative Class Theory? Not So Fast, Joel Kotkin - The Daily Beast
You are completely right on this. Gentrification just concentrated poverty in Brooklyn and just made East River Brooklyn and Park Slope well off. The poor displaced from this just moved further East into Brooklyn. Most of the rest of Brooklyn is as poor as ever. Northern Brooklyn away from the Brooklyn is still GHETTO.
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Old 10-26-2015, 10:44 AM
 
1,278 posts, read 1,243,475 times
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Quote:
Originally Posted by Bronxguyanese View Post
I don't think ENY will have any gentrification anytime soon unless Brooklyn becomes a major hub that rivals Manhattan. ENY might attract those looking for an affordable option to live in NYC. Actually people who got priced out of immediate areas of Brooklyn relocate to ENY and Carnasie Brooklyn. Also ENY is far from job centers of Manhattan and may only serve those who work in service industries that are in Manhattan or immediate areas of Brooklyn that are near Manhattan. Overall prices may go up, but I don't think gentrification or elements of gentrification will ever pass Broadway Junction, Utica and the multiple church avenues.
brooklyn is done. it's reached it's peak, and everyone knows this. it would behoove brooklyn to return to it's industrial roots, become a manufacturing borough, make furniture, or rugs or something and though they're trying this, it's been done only within high end niche industries. without further employment in brooklyn (as NW brooklyn is basically a bedroom borough for manhattan as is hoboken and NE jersey), the other ghettos will remain that way.

what nyc lacks is a technology neighborhood/hub, similar to the triangle in NC, Austin, and even Miami. what NYC needs to do is subsidize local colleges and universities, scholarships for native New Yorkers and expand their technology programs and so to bring in outside tech investment and employment to the outer boroughs. it shocks me still that in the 21st century, NYC has little or no tech presence in terms of employment outside of google and facebook branch office in manhattan. the outer boroughs need to take care of themselves, and not look at myopic job choices of nyc, which are pretty much limited to finance, law, advertising, media, fashion, construction, hospitality and govt jobs. NYC gets an F- for technology industry.

Last edited by ControlJohnsons; 10-26-2015 at 11:33 AM..
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Old 10-26-2015, 10:53 AM
 
Location: Brooklyn, New York
5,450 posts, read 5,678,312 times
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Quote:
Originally Posted by ControlJohnsons View Post
brooklyn is done. it's reached it's peak, and everyone knows this. it would behoove brooklyn to return to it's industrial roots, become a manufacturing borough, make furniture, or rugs or something and though they're trying this, it's been done only within niche industries. without further employment in brooklyn (as NW brooklyn is basically a bedroom borough for manhattan as is hoboken and NE jersey), the other ghettos will remain that way.
You have no idea what you're talking about. Brooklyn is the fastest growing NYC borough.

Quote:
what nyc lacks is a technology neighborhood/hub, similar to the triangle in NC. what NYC needs to do is subsidize local colleges and universities and expand their technology programs and so to bring in outside tech investment and employment to the outer boroughs. it shocks me still that in the 21st century, NYC has little or no tech presence in terms of employment outside of google and facebook branch office in manhattan.
Again, you have no idea what you are talking about. NYC area as a whole is 2nd/3rd and only behind Silicon Valley and maybe Boston when it comes to start ups and venture capital. Brooklyn alone is a bigger technology hub than NC Research triangle, with a lot more notable start up companies...


Last edited by Gantz; 10-26-2015 at 11:04 AM..
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Old 10-26-2015, 11:09 AM
 
1,278 posts, read 1,243,475 times
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Quote:
Originally Posted by Gantz View Post
You have no idea what you're talking about. Brooklyn is the fastest growing NYC borough.



Again, you have no idea what you are talking about. NYC area as a whole is 2nd/3rd and only behind Silicon Valley and maybe Boston when it comes to start ups and venture capital. Brooklyn alone is a bigger technology hub than NC Research triangle, with a lot more notable start up companies...
DUMBO, and what they refer to as the brooklyn tech triangle is geared towards private equity/VC flipper investment, namely specific areas in tech like social media, HUGE and Etsy, financially driven IPO ponzi's many in near bankrupt disillusionment and not concentrated on real technology development, innovation and LONG TERM employment. I know plenty of middle class transplants who work there in the Navy Yard holding company stock, hoping and waiting to cash out and leave the bagholders. these are not long term viable technology investments compared to those found in other parts of the country, and merely a segment and scheme of the NYC financial empire. What i propose is subsidizing the engineering depts and scholarship programs at local colleges, Baruch, Pace, Fordham, NYU, Columbia, etc to invest in the local population and thus, bring out of state investment for long term employment. Way DUMBO is structured, is fundamentally a ponzi, financed by wall street. You sir, do not get it. Fact is the majority of firms in Dumbo are underwater, and generally a failure as viewed by the street. It's a big fat F-. Even NJ trumps NYC in technology infrastruture via Stevens Tech, Jersey City and data backbone in Bergen County for all the NYC financial firms, with real viable long term employment.

A proper analog would be the NC triangle or biotechnology hub of Massachussets, where investment and employment are being home grown and drawing capital from the rest of the nation and the world.

Last edited by ControlJohnsons; 10-26-2015 at 11:34 AM..
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Old 10-26-2015, 11:50 AM
 
Location: Brooklyn, New York
5,450 posts, read 5,678,312 times
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Quote:
Originally Posted by ControlJohnsons View Post
A proper analog would be the NC triangle or biotechnology hub of Massachussets, where investment and employment are being home grown and drawing capital from the rest of the nation and the world.
Again you have no idea what you are talking about. How can you have friends in DUMBO when its obvious you have never even stepped foot in Brooklyn and don't even live in NYC. Brooklyn attracts more capital from the rest of the nation and world than NC triangle. Its not even close either. And NYC area as a whole attracts roughly the same amount as the Boston area, 10 times more than NC Research triangle.
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Old 10-26-2015, 12:43 PM
 
1,278 posts, read 1,243,475 times
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Quote:
Originally Posted by Gantz View Post
Again you have no idea what you are talking about. How can you have friends in DUMBO when its obvious you have never even stepped foot in Brooklyn and don't even live in NYC. Brooklyn attracts more capital from the rest of the nation and world than NC triangle. Its not even close either. And NYC area as a whole attracts roughly the same amount as the Boston area, 10 times more than NC Research triangle.
I live in Manhattan, and was born in NYC. You brooklyn folks are completely insane and always blow up like a 25 year old female liberal feminist at the hint that your little paradise isn't so. outside of the real estate in the NW corridor driven by chinese and russian speculators past 10 years, and mobile gen x, brooklyn is the middle child borough between bronx, queens and manhattan with no real identity.. on one side it's affluency, and right across the tracks, utter poverty ranking one of highest in nation.. vast sections of crooklyn are SLUM. DUMBO is fad, driven by private equity subsidiary of wall street, and a known failure. I've worked downtown in finance for 20 years, and everyone knows this. Etsy and HUGE have no earnings and heading into the gutter, and exist on rounds of leveraged ZIRP investment as did Bluefly, another disaster. hundreds of firms exist as such hoping to flip and leave the bagholders, companies designing iphone controlled robotic genitals, 30% are porn and dating website co's, social media and online niche ecommerce. DUMBO project also has no interest in developing. associating or investing in local education, which is the core of all successful technology hubs. silicon valley has affiliations with stanford, and berkeley. boston biotech has MIT, harvard. NC has Duke, UofNC engineering students. NYC grads of carnegie melon and NYU/Columbia go westcoast. They don't go to Dumbo. DUMBO has absolutely no affiliation with local education, engineering schools, nothing. it is a pit stop for Private equity ponzi and imported west and midwest coast entrepeneurs who's sole purpose is to flip off leveraged wall street zirp capital. these are not the research and tech jobs i am refering to.

before this turns into a geography battle as it always seems to with you transplants in brooklyn, let's go back to the original topic and how large geographics of brooklyn can finally improve on their impoverished conditions and invest in local education like the other successful programs in other parts of the country

Last edited by ControlJohnsons; 10-26-2015 at 12:56 PM..
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Old 10-26-2015, 04:47 PM
 
286 posts, read 352,456 times
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Brooklyn Office Market Report | Dumbo Office Space
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Old 10-27-2015, 12:29 AM
 
25,556 posts, read 23,889,069 times
Reputation: 10119
Quote:
Originally Posted by ControlJohnsons View Post
I live in Manhattan, and was born in NYC. You brooklyn folks are completely insane and always blow up like a 25 year old female liberal feminist at the hint that your little paradise isn't so. outside of the real estate in the NW corridor driven by chinese and russian speculators past 10 years, and mobile gen x, brooklyn is the middle child borough between bronx, queens and manhattan with no real identity.. on one side it's affluency, and right across the tracks, utter poverty ranking one of highest in nation.. vast sections of crooklyn are SLUM. DUMBO is fad, driven by private equity subsidiary of wall street, and a known failure. I've worked downtown in finance for 20 years, and everyone knows this. Etsy and HUGE have no earnings and heading into the gutter, and exist on rounds of leveraged ZIRP investment as did Bluefly, another disaster. hundreds of firms exist as such hoping to flip and leave the bagholders, companies designing iphone controlled robotic genitals, 30% are porn and dating website co's, social media and online niche ecommerce. DUMBO project also has no interest in developing. associating or investing in local education, which is the core of all successful technology hubs. silicon valley has affiliations with stanford, and berkeley. boston biotech has MIT, harvard. NC has Duke, UofNC engineering students. NYC grads of carnegie melon and NYU/Columbia go westcoast. They don't go to Dumbo. DUMBO has absolutely no affiliation with local education, engineering schools, nothing. it is a pit stop for Private equity ponzi and imported west and midwest coast entrepeneurs who's sole purpose is to flip off leveraged wall street zirp capital. these are not the research and tech jobs i am refering to.

before this turns into a geography battle as it always seems to with you transplants in brooklyn, let's go back to the original topic and how large geographics of brooklyn can finally improve on their impoverished conditions and invest in local education like the other successful programs in other parts of the country
Google in NYC works with Cornell Tech and donated them office space while Cornell tech is under construction. Of course that is in Manhattan and I'm basically agreeing with you.

Facebook has collaboration with NYU on research for artificial intelligence. https://www.facebook.com/yann.lecun/...51728212367143

Amazon has New York Offices and they do research with NYU too.
https://aws.amazon.com/solutions/cas...rk-university/

IBM has it's Watson research lab at Columbia (it has an office in Manhattan too).
The IBM Watson Laboratory at Columbia University

Microsoft is working with New York area universities too.
'The New York lab has started to reach out to research universities in the area, including Columbia, New York University, the new Cornell-Technion NYC campus, Princeton, and Rutgers, to discuss ways to collaborate more closely, Chayes said."

Small start ups in Brooklyn don't have the resources to work with local education significantly. Only the tech companies that make it big have such resources.

Uber is a huge app with offices in LIC, Queens I might add.
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Old 10-27-2015, 07:41 AM
 
Location: Manhattan
25,368 posts, read 36,956,293 times
Reputation: 12767
Quote:
Originally Posted by dramafreelyfe View Post
So, one way or another gentrification is going to hit East New York. So, what's left after that? How far can this process go, Canarsie? I mean, what's left? The suburbs of Canarsie? Flatlands? Starret City? I think, it's preordained-by the powers that be and greed. Once Brooklyn rivals Manhattan, there's going to be no choice but to gentrify the whole Brooklyn, like Manhattan. We are witnessing the future of NYC, right before our very own eyes.
In common parlance, it's called a Real Estate Bubble.
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Old 10-27-2015, 07:45 AM
 
1,278 posts, read 1,243,475 times
Reputation: 1312
Quote:
Originally Posted by NyWriterdude View Post
Google in NYC works with Cornell Tech and donated them office space while Cornell tech is under construction. Of course that is in Manhattan and I'm basically agreeing with you.

Facebook has collaboration with NYU on research for artificial intelligence. https://www.facebook.com/yann.lecun/...51728212367143

Amazon has New York Offices and they do research with NYU too.
https://aws.amazon.com/solutions/cas...rk-university/

IBM has it's Watson research lab at Columbia (it has an office in Manhattan too).
The IBM Watson Laboratory at Columbia University

Microsoft is working with New York area universities too.
'The New York lab has started to reach out to research universities in the area, including Columbia, New York University, the new Cornell-Technion NYC campus, Princeton, and Rutgers, to discuss ways to collaborate more closely, Chayes said."

Small start ups in Brooklyn don't have the resources to work with local education significantly. Only the tech companies that make it big have such resources.

Uber is a huge app with offices in LIC, Queens I might add.
NYC needs much more than that, it needs to start from within and from subsidizing local colleges and their engineering depts, and subsidizing more technical schools in the area. The NYU Tandon School of Engineering is ranked very low, as are the local colleges and universities outside of Columbia, including Pace, Fordham, St. Johns, Baruch, City College which are mostly geared towards business, finance and law, those areas always having been NYC's economic forte. But job diversification into technology is much needed to expand the employment pool and improve employment for other areas of the city and hedge against future financial crisis. When the markets fall again, it's not the wealthy who suffer the most, it's the impoverished in the 5 boroughs.

All major tech hubs in the United States began with this model.
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