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This was a bit of surprise for me:
"Northeast Harlem (10039) — located directly across the Harlem River from Yankee Stadium — saw its home values grow by 356 percent (from $89,572 to $408,654), its median income by 32 percent and its population of college-educated residents by 168 percent.
Another Harlem neighborhood, the swath just north of Central Park, came in 15th place. There’s been a 219 percent increase in median home values there, from $228,043 in 2000 to $727,541 in 2016. In July, a Whole Foods opened nearby, on 125th Street and Lenox Avenue. An outpost of the upscale grocer is often seen as a harbinger of gentrification".
I've heard of the area around Yankee stadium gentrifying but didn't believe it to tell you the truth.
This was a bit of surprise for me:
"Northeast Harlem (10039) — located directly across the Harlem River from Yankee Stadium — saw its home values grow by 356 percent (from $89,572 to $408,654), its median income by 32 percent and its population of college-educated residents by 168 percent.
Another Harlem neighborhood, the swath just north of Central Park, came in 15th place. There’s been a 219 percent increase in median home values there, from $228,043 in 2000 to $727,541 in 2016. In July, a Whole Foods opened nearby, on 125th Street and Lenox Avenue. An outpost of the upscale grocer is often seen as a harbinger of gentrification".
I've heard of the area around Yankee stadium gentrifying but didn't believe it to tell you the truth.
That's because it's still as ghetto as can be. There's only a few decent buildings around there. The side streets are still as shady as can be (and dirty). The whole neighborhood is filthy. You have to wonder if those people know what in the hell a trash can looks like because nobody uses them.
That's because it's still as ghetto as can be. There's only a few decent buildings around there. The side streets are still as shady as can be (and dirty). The whole neighborhood is filthy. You have to wonder if those people know what in the hell a trash can looks like because nobody uses them.
i dont know man, but gentrification is truly accelerating in Hamilton Heights.
they are basically opening a new restaurant a week and there are more comming.
That's because it's still as ghetto as can be. There's only a few decent buildings around there. The side streets are still as shady as can be (and dirty). The whole neighborhood is filthy. You have to wonder if those people know what in the hell a trash can looks like because nobody uses them.
That's what I thought but with median prices skyrocketing like that (at least according to the article) and people moving in...something's going on. Maybe they know something we don't.
i was doubtful a 3 years ago, but now is beyond obvious that HH will gentrify quicker than other hoods in the city. (as forecasted by Streeteasy)
Quote:
Originally Posted by Aeran
That's what I thought but with median prices skyrocketing like that (at least according to the article) and people moving in...something's going on. Maybe they know something we don't.
My comments are with regards to the areas around Yankee Stadium, not Hamilton Heights.
My comments are with regards to the areas around Yankee Stadium, not Hamilton Heights.
That's the area I'm referring to. Prices are skyrocketing there and people are moving in which I found surprising. Something's goin on.
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