Hasidic Jews own $2.5 Billion Brooklyn real-estate & drive gentrification (Serious NPR/Media Story)

ZoeGod

I’m from Brooklyn a place where stars are born.
Joined
Jul 16, 2015
Messages
9,170
Reputation
4,610
Daps
52,669
Reppin
Brooklyn,NY
I wouldn't leave NYC yet. I too plan to leave NYC, but I want to take advantage of the opportunities before I leave. Plus NYC is excellent for a degree like mines. What I always say is that if we blacks lose NYC it would be a lose but not a HUGE lose. However if we lose the metro(the Hasidics in my town of Spring Valley are trying to take it over since its so close to the city) then we are fukkED and better start packing our bags for the south.

Also I'll tell you a quick story my sister told me when she went to this Nyack reunion thing. She met a rich BLACK contractor for the Tappen Zee bridge who actually helps develops it. That man told my sister that he kept telling blacks in Brooklyn to buy their properties but they never did and so they are getting pushed out. He also said that he hated being the view black contractors for the Tappen Zee and wished he could hire more blacks. Its crazy.@Poitier can explain it better than I can.
No doubt. I'm going to stack my bread before I leave NYC and get my career stabilized here. The best thing about living here is that the salary is in the outerboros and higher if you work in the city. I'm not moving out here not financially stable. That woukd be backwards.
 

ZoeGod

I’m from Brooklyn a place where stars are born.
Joined
Jul 16, 2015
Messages
9,170
Reputation
4,610
Daps
52,669
Reppin
Brooklyn,NY
I wouldn't leave NYC yet. I too plan to leave NYC, but I want to take advantage of the opportunities before I leave. Plus NYC is excellent for a degree like mines. What I always say is that if we blacks lose NYC it would be a lose but not a HUGE lose. However if we lose the metro(the Hasidics in my town of Spring Valley are trying to take it over since its so close to the city) then we are fukkED and better start packing our bags for the south.

Also I'll tell you a quick story my sister told me when she went to this Nyack reunion thing. She met a rich BLACK contractor for the Tappen Zee bridge who actually helps develops it. That man told my sister that he kept telling blacks in Brooklyn to buy their properties but they never did and so they are getting pushed out. He also said that he hated being the view black contractors for the Tappen Zee and wished he could hire more blacks. Its crazy.@Poitier can explain it better than I can.
No doubt. I'm going to stack my bread before I leave NYC and get my career stabilized here. The best thing about living here is that the salary is in the outerboros and higher if you work in the city. I'm not moving out here not financially stable. That woukd be backwards.
 

Supreme HD

Superstar
Joined
Dec 7, 2014
Messages
6,630
Reputation
1,309
Daps
19,056
This why we as Africans should look to invest in Africa, and build the hub to help create the UNA. Leave this country to the white fascist and Jews battle it out once we take back our continent, resources, and women. If you getting money over here and have no sincere desire to build on the potiental of what the continent of Africa has to offer our future generations,then your mentally ensalved.
I hear u loud and clear my nikka.
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,423
Reputation
7,115
Daps
110,086
How is this even possible? Their was just an article where they had the most people on welfare. :wtf:

They fund local politicians that pass racist laws. Then they put money behind the p.d to lock us up. The final step is to buy all the remaining land for cheap and then mark the property up 3x higher. Rinse and repeat
They are poor as shyt. That doesn't mean all of them are, and when you have an insular community where everyone lives together, without excessive displays of wealth, you have a lot of poor people being subsidized by a lot of wealthy people.
Its that way in Cleveland Heights, which has a large Orthodox Jew community, a lot of the poorer ones will live out in homes owned by older members of the faith.
And its neither of those things, they just held onto property and the more they held on, the more money they made. There isn't an economist in the world who would have told someone to sell NYC property, or that renting was better than buying.
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,423
Reputation
7,115
Daps
110,086
Micheal Bloomberg took care of his Jewish people.When David Dinkins was mayor of nyc what did he do to help black people build economic wealth ? Black people don't hold black politicians accountable.Has B.Obama proposed any bills to stop gentrification ?

We have no one to blame but ourselves.

We don't hold ourselve accountable for our actions.

We.re too busy complaining about the problems instead of solving the problem.

We rarely pull our resources together to invest in our communities.
There isn't an economist in the world that would suggest a bill to stop gentrification, because gentrification is not structural, its a phenomenon of capital movement into poor neighborhoods, driving up prices and cost of living. Rent controls would literally have cities at war with landlords and home owners as well as pretty much the entire Moderate and Right side of the political spectrum. Measures have been attempted in the past, and they are only popular with the poor.
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,423
Reputation
7,115
Daps
110,086
If they did then, alot of them sold it to Columbia...but I don't think many did.
The idea is that once you sell property, you reinvest in more property. You sell some of the property in Harlem, you buy some in Brooklyn, especially places that have yet to be gentrified, you buy some in DC, you buy some in San Jose, you buy some in Seattle, you buy some in East Pointe, etc.
The goal is to keep making money, not sit on liquid assets. But that's not how it's treated.
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,423
Reputation
7,115
Daps
110,086
This why we as Africans should look to invest in Africa, and build the hub to help create the UNA. Leave this country to the white fascist and Jews battle it out once we take back our continent, resources, and women. If you getting money over here and have no sincere desire to build on the potiental of what the continent of Africa has to offer our future generations,then your mentally ensalved.
This is good and all, but there's a massive amount of work that needs to be done, and skilled labour + connections are needed to make investments long-lasting and worthwhile.
 

Neuromancer

Son of the Robot
Supporter
Joined
Oct 16, 2015
Messages
77,694
Reputation
14,983
Daps
187,120
Reppin
A Villa Straylight.
The idea is that once you sell property, you reinvest in more property. You sell some of the property in Harlem, you buy some in Brooklyn, especially places that have yet to be gentrified, you buy some in DC, you buy some in San Jose, you buy some in Seattle, you buy some in East Pointe, etc.
The goal is to keep making money, not sit on liquid assets. But that's not how it's treated.
The problem was that a lot of people didn't own their dwellings in the first place.
 

EndDomination

Veteran
Supporter
Joined
Jun 22, 2014
Messages
31,423
Reputation
7,115
Daps
110,086
The problem was that a lot of people didn't own their dwellings in the first place.
Yeah, because a good chunk of the older population of NY were poor, and because African-Americans are more akin to a nation of people than a community, we didn't pool together resources around our identity and work to own the neighborhoods we reside in.
 
Top