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Locally the rents have skyrocketed. I'd say it is as good thing except I wonder where the poor people go to live? My state is one of the lowest rated in the country and is getting unaffordable. Don't know if there is anyplace else to move to that would be affordable.
Are you happy with the gentrification process in NYC?
The major con that has come with NY gentrification has been the loss of local character. When people move in from Iowa or wherever the hell they're coming from, it pushes out actual New Yorkers. When the rents go up.. it pushes out community staples, and ushers in another Starbucks. I guess these aren't huge deals in some places, but in NYC it's a pretty big deal. What made NYC so special was the small communities and the diversity, and those are all but lost now. NYC will still be a cultural hub for some time, I'm sure; there are still so many industries and communities that are largely based in NYC, so the cultural hotspots will exist.. but not in the way we ACTUALLY live- it's something you actually have to seek now, whereas in the past you couldn't avoid NYC's inherent cultural diversity.
The major con that has come with NY gentrification has been the loss of local character. When people move in from Iowa or wherever the hell they're coming from, it pushes out actual New Yorkers. When the rents go up.. it pushes out community staples, and ushers in another Starbucks. I guess these aren't huge deals in some places, but in NYC it's a pretty big deal. What made NYC so special was the small communities and the diversity, and those are all but lost now. NYC will still be a cultural hub for some time, I'm sure; there are still so many industries and communities that are largely based in NYC, so the cultural hotspots will exist.. but not in the way we ACTUALLY live- it's something you actually have to seek now, whereas in the past you couldn't avoid NYC's inherent cultural diversity.
It really is sad.
Umm, the super gentrified neighborhoods tend to have tons of small businesses. I don't see plagues of chain restaurants anywhere other than Midtown Manhattan.
Umm, the super gentrified neighborhoods tend to have tons of small businesses. I don't see plagues of chain restaurants anywhere other than Midtown Manhattan.
Yeah and the prices are so high that people go to the boxstores instead. I live in an area that prides itself on small businesses and we have TONS of empty store fronts. You can see this all across NYC - Manhattan and the outer boroughs.
In the long run it helps immeasurably. If NYC stayed status quo then it will start to die slowly.
I don't think everybody should live in NYC, there were too many leeches and not enough people paying taxes so now we have more & more people paying taxes.
The major con that has come with NY gentrification has been the loss of local character. When people move in from Iowa or wherever the hell they're coming from, it pushes out actual New Yorkers. When the rents go up.. it pushes out community staples, and ushers in another Starbucks. I guess these aren't huge deals in some places, but in NYC it's a pretty big deal. What made NYC so special was the small communities and the diversity, and those are all but lost now. NYC will still be a cultural hub for some time, I'm sure; there are still so many industries and communities that are largely based in NYC, so the cultural hotspots will exist.. but not in the way we ACTUALLY live- it's something you actually have to seek now, whereas in the past you couldn't avoid NYC's inherent cultural diversity.
It really is sad.
THIS ^^^^^
*waiting for the racist keyboard warriors to storm in and preach how gentrification gets rid of bad people*
The answer to that question depends on whether you are a high income earner living in Manhattan (or other expensive area) looking to get more for your money, or you are an average income earner that has been living in a neighborhood for a long time and is slowly getting priced out. Great for one, sucks for the other. There is a balancing act involved.
Gentrification has definitely changed Prospect Heights for the better in my opinion, from increased amenities and safety to better overall quality of life. I do miss many of the businesses that left/got priced out (I have to consciously go outside of the neighborhood now to find certain favored food items), but the ones that replaced them, while generally more expensive, aren't too bad either. If you were fortunate enough to remain in the neighborhood after gentrification took hold (made more likely if you lived in a rent-controlled building or owned your home), you were able to benefit from the change, as my family has been able to do.
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