From Super Hip to Super Expensive

Posted on March 28, 2007 by
Just a few years ago Williamsburg, Greenpoint was considered to be one the hippest and coolest neighborhood in Brooklyn. However, last year when the city officials passed the plan to rezone the last industrial areas in Williamsburg, the neighborhood went from hip to extra expensive. When the rezoning plan was first proposed, it included the construction of new luxury condos and apartments. The residents of Williamsburg quickly opposed the idea and officials changed the plan. They agreed that 20% of the apartments should be affordable housing for the working class. However some of the working class can’t afford the affordable housing because the rent prices are very high. So as the rent prices go up and new luxury condos are being constructed, where should the middle working-class go? To read more about this issue visit:
http://www.statesman.com/business/content/business/stories/statesmanhomes/03/11/11gentrify.html
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One Response to From Super Hip to Super Expensive

  1. Jessica Baptiste says:
    March 28, 2007 at 8:21 pm

    My friend who lives in the neighborhood told me that things in the neighborhood like rent prices has changed dramatically from since she was a kid. She also said that there used to be a lot of crime back then but now they have cleaned it the neighborhood.

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