Classical Gentrification In New York City

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With its multilayered agenda, gentrification is only accomplished by efforts from both the public and private sectors, working to tandem to achieve the sought city change. Gentrification in NYC’s Brooklyn neighborhoods, were welcomed by increasing the cost of rent, and the intentional inhumane living conditions encouraged by landlords. As residents began to become more vocal of the adversities facing them, news’ outlets began to research and report on their findings. Dated back in 2012, the Huffington Post reported: …while the median rent in New York City rose 75 percent between 2000 and 2012— an increase 30 percent higher than in the rest of the country— the median household income in the city fell about 5 percent. This has created a dire situation for those in the lower income brackets. (Mathias, Web.)…show more content…
Further, it foreshadowed the clear ramifications of this market trend if it continues this course. This writing emphasizes classical gentrification, – increased rent inevitably driving out impoverish tenants, and making way for wealthier tenants – but also acknowledges how gentrification alters daily routine, as residents are unable to retain their income for other necessities besides paying their rent. Classical gentrification is the chief cause of the displacement; rather than revitalizing existing homes, landlords are encouraged to take new investments into their buildings to attract new buyers. As aforementioned, this thus creates competition between the residents with the resources to afford to live in the newly constructed buildings within their neighborhood, versus the residents without the resources, resulting in increased rent for everyone. In a New York Times’ article, author Vivian Yee shed light on how landlords would force the removal of generational residents from their Brooklyn
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