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Posts published in “gentrification”

In Montauk, Big Money Moves In on a Surfers’ Paradise

The acres overlooking a prize stretch of Long Island’s East End were empty for years. Now they’ve been sold in multimillion-dollar deals. It’s been the talk of the beach all summer. Source: New York Times

The Resilience of New York’s Black Homeowners

Black homeownership has declined in the city and nationally in the last 20 years, hindered by gentrification and inequitable lending policies. Source: New York Times

The Future of Wealthy SoHo

Mayor Bill de Blasio has proposed rezoning the neighborhood in a move that could become a blueprint for affordable housing in affluent areas. Source: New York Times