My NYC Black Folk......Gentrification

newworldafro

DeeperThanRapBiggerThanHH
Joined
May 3, 2012
Messages
50,161
Reputation
4,820
Daps
112,952
Reppin
In the Silver Lining
This Is True, Spanish Harlem FULL Of Mexicans

And NY Aint Got Them Mexicans Like Cali Got, Cali Got Them Mexican Chicks That Look Like They Stepped Out A Novela, NY Mexican Chicks Looked Like They're Part Of The Rat Family

bytches Got That ET Body

et-image.png

breh.. ...... :deadmanny:
 

newworldafro

DeeperThanRapBiggerThanHH
Joined
May 3, 2012
Messages
50,161
Reputation
4,820
Daps
112,952
Reppin
In the Silver Lining
Here a lot of talk on this thread about the South Bronx and East New York being scoped out.........................

http://observer.com/2014/11/de-blas...-outer-borough-neighborhoods-for-development/

De Blasio Administration Targets Outer Borough Neighborhoods for Development
By Ross Barkan | 11/17/14 4:46pm


Read more at http://observer.com/2014/11/de-blas...-neighborhoods-for-development/#ixzz3KbSYjAzl
Follow us: @newyorkobserver on Twitter | newyorkobserver on Facebook

Are the next hot neighborhoods East New York, Flushing West and Cromwell-Jerome? The de Blasio administration hopes so.

Carl Weisbrod, the direct of the Department of City Planning, testified at a City Council hearing today that the three areas will all be targeted for Mayor Bill de Blasio’s ambitious housing plan, which seeks to develop and preserve 200,000 units of affordable housing.

“To fulfill this ambitious goal, the Department of City Planning … will commence planning studies in neighborhoods in all five boroughs, in locations where we believe the potential exists to create new capacity mixed-income housing,” Mr. Weisbrod testified at a hearing, long postponed, on the mayor’s affordable housing plan.


He noted that in September, DCP launched a study, in partnership with Council members Vanessa Gibson and Fernando Cabrera, of the area surrounding Cromwell and Jerome Avenues in the Bronx. The 57-block alley, chock full of parking lots, auto shops and self-storage facilities, would be rezoned for residential and retail development.

Mr. Weisbrod also announced at the hearing that a similar study will be launched of Flushing West, an area to the west of booming downtown Flushing, Queens. The less developed area also includes public housing and will be studied in partnership with Councilman Peter Koo, the neighborhood’s representative, Mr. Weisbrod said. It’s an area “many advocacy groups and other community stakeholders have been active in for some time,” he said, not offering any details from his testimony about the development.

East New York, a transit-rich, low-income neighborhood in eastern Brooklyn, is one place the de Blasio administration hopes to transform into a vibrant, more affordable version of areas like Downtown Brooklyn and Williamsburg. Mr. Weisbrod said the administration has been meeting with local elected officials and the Cypress Hills Local Development Corporation to develop a “framework for growth.”

Mr. Weisbord said “thousands” of units of new mixed-income and affordable housing–he didn’t say how many units exactly–would be built in the far-flung neighborhood, along with “much needed retail, jobs and services.” Density will also be coming to the area, he said.

“Stakeholders recognize the need for this density to achieve all of the community’s objectives including affordable housing,” Mr. Weisbrod said. “And the Department [of City Planning] understands the city’s obligation to produce the timely infrastructure and services increase density requires.”

The city’s affordable housing plan has not always pleased Mr. de Blasio’s progressive base. Some advocates slammed the Astoria Cove development in Queens for not including enough affordable units while others have questioned whether the mayor is fudging numbers by taking credit for projects begun under his predecessor, Michael Bloomberg.

Council Speaker Melissa Mark-Viverito, a close ally of Mr. de Blasio’s, expressed concern at the hearing today that the plan would focus too much on building at the expense of preserving existing affordable housing stock, potentially ushering in another round of gentrification across the city.

“The idea of bringing on any new units that could add to the pressure of an already delicate situation, I’m wary of,” she said.




Read more at http://observer.com/2014/11/de-blas...-neighborhoods-for-development/#ixzz3KbScNzhB
Follow us: @newyorkobserver on Twitter | newyorkobserver on Facebook
 

the next guy

Superstar
Joined
May 2, 2012
Messages
38,879
Reputation
1,477
Daps
37,276
Reppin
NULL
http://www.bloomberg.com/news/2014-12-04/brooklyn-worst-in-u-s-for-home-affordability.html

One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco.

Of the 475 counties analyzed by RealtyTrac through October, 98 areas weren’t as affordable compared with the average level for the period starting in January 2000, the Irvine, California-based data company said in a report today. Brooklyn, New York, where a resident would need to devote 98 percent of the median income to afford the payment on a median-priced home of $615,000, was the least-affordable market, followed by San Francisco and Manhattan.

brehs :sadcam:
 

mson

Veteran
Supporter
Joined
Sep 10, 2012
Messages
53,822
Reputation
6,816
Daps
102,339
Reppin
NULL
http://www.bloomberg.com/news/2014-12-04/brooklyn-worst-in-u-s-for-home-affordability.html

One in five U.S. housing markets are now less affordable than their historic average as price gains outpace income growth from New York to San Francisco.

Of the 475 counties analyzed by RealtyTrac through October, 98 areas weren’t as affordable compared with the average level for the period starting in January 2000, the Irvine, California-based data company said in a report today. Brooklyn, New York, where a resident would need to devote 98 percent of the median income to afford the payment on a median-priced home of $615,000, was the least-affordable market, followed by San Francisco and Manhattan.

brehs :sadcam:


I'm screwed.
 

NYSTATEOFMIND

Superstar
Joined
Apr 6, 2014
Messages
16,303
Reputation
3,120
Daps
42,804
Reppin
#byrdgang...Bleedin Green
NY was the test pilot for this shyt, now its nationwide...I was in Downtown Cincinnati for the holidays and me and my wife went to get some wings latenight had to troop thru the hood...1/2 the hood is straight up latte shops, seaweed wrap dine outs plastered with skinny jean bearded fags...and then 3 blocks down...u got :birdman:..and on every corner you got
images
The plan is to push us out waaaaaaaaaaay in the sticks...lock us in the hole or lay us 6 feet
 

newworldafro

DeeperThanRapBiggerThanHH
Joined
May 3, 2012
Messages
50,161
Reputation
4,820
Daps
112,952
Reppin
In the Silver Lining
NY was the test pilot for this shyt, now its nationwide...I was in Downtown Cincinnati for the holidays and me and my wife went to get some wings latenight had to troop thru the hood...1/2 the hood is straight up latte shops, seaweed wrap dine outs plastered with skinny jean bearded fags...and then 3 blocks down...u got :birdman:..and on every corner you got
images
The plan is to push us out waaaaaaaaaaay in the sticks...lock us in the hole or lay us 6 feet

It partially what your particular jurisidiction is doing to lift the quality of life for existing and potential residents.... this is Palm Center station at the end of the soon to open Purple/Southeast Line (at the bottom of the map)

456051.jpg


They are trying to build fresh quality affordable housing with some market rate units in this complex in African American dense part of the city.... ....... and this in Houston, where the market is king ...........

EDIT: They are able to do this cause they are using Hurricane relief funds... :laugh: ....erase everything I said..... but its still possible.

But I will say this....if we want to "keep" our urban black neighborhoods.... then its going to take young middle class blacks deciding to move back into the" hood"....that mish mash between "hood" and "professional" black is that internal socio-economic quandary ......................but for some reason its not a quandary for young professional whites and others who move into the same neighborhood... :wow: ... .... :yeshrug:

---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
http://www.houstonchronicle.com/bus...ct-planned-for-old-flea-market-5930564.php#/3

Project to give new life to old flea market property

By Nancy Sarnoff

December 2, 2014 Updated: December 2, 2014 9:47pm
By Nancy Sarnoff

December 2, 2014 Updated: December 2, 2014 9:47pm
1680x1680.jpg

1680x1680.jpg










headline_list_illus2.jpg

headline_list_illus2.jpg

headline_list_illus2.jpg

headline_list_illus2.jpg



The former King's Best Market at 5110 Griggs.

A developer is planning a major upgrade to a worn-out corner of south Houston with an apartment and retail project where an empty flea market now stands.

With help from more than $15 million in public funding, the ITEX Group is preparing to remake the almost 10-acre site at the southwest corner of Griggs and Martin Luther King Jr. Boulevard with a $41 million project called the Village at Palm Center.

The development, which was designed by multifamily architecture firm Humphreys & Partners, will have 222 rentals, including 154 apartments and 68 townhouse-style units. Some commercial space is also planned.

Most of the apartments will be affordable housing for low- and moderate-income renters, but a portion will be priced at market rents.

"This will preserve the ability for people living in the community to continue living in their community," said Clark Colvin, executive vice president of the ITEX Group, which is planning to hold a groundbreaking ceremony at the site Wednesday afternoon.

The project, partially financed with tax credits, will also benefit from $15.3 million from the Hurricane Ike Disaster Recovery program.

Almost two years ago, the city received a commitment for about $150 million - a second round of federal hurricane relief funding - to be used in areas that experienced damage from the storm.


"We looked for areas in town where gentrification was starting to happen and property values were starting to rise, and we tried to isolate areas where we could be part of a catalyst for change," said Neal Rackleff, director of the Houston Housing and Community Development Department.

The Village at Palm Center is one of five multifamily projects that have or will receive a portion of the funding. Some $50 million will go toward multifamily pro-jects.

"We're expecting it to be a real game changer in that real estate market out there," said John L. Guess III, president of the Guess Group commercial real estate firm that brokered the sale of the flea market property. The site, inside the 610 Loop and south of the University of Houston, is near where Metro's Southeast light-rail line will be built.

The line will run from downtown to the Palm Center Transit Center near Griggs and MLK.

The Village at Palm Center project will replace the large King's flea market, which recently closed.

ITEX has been preparing the building for demolition, which is expected to occur this month.

"It's going to be a couple of big blighted buildings changed out for a group of exceptionally designed apartments and townhomes," Guess said.

A new street will run through the middle of the property.

Gated townhomes will be built on one side of the street, and a three- or four-story apartment complex will be built on the other.

The commercial space will be on a portion of the ground floor of the apartment complex.

The developer put the land under contract a couple years ago and recently closed on the 9.6-acre tract.

Port Arthur-based ITEX builds and manages affordable apartment complexes and rental housing. The Palm Center complex will be its first Houston development.

Colvin said the community has been supportive.

"Our project just kind of really fit in with what they already envisioned," he said.
 

capblk

Rookie
Joined
Dec 19, 2013
Messages
260
Reputation
80
Daps
471
Another Port Morris Property Sells, This Time For $32 Million


Just around the corner (literally) from 2417 Third Avenue — the loft building that is under contract for $31 million, 101 Lincoln has just sold for $32 million. This property sits across from Bruckner Bar and Grill Mott Haven Bar and Grill and according to the Real Deal the developer can build up to an 800,000 foot building on the site.

The property also benefits from 518 feet of direct frontage to the Harlem River says the article in the Real Deal.

With the market-rate lofts on Alexander Avenue under construction and the pending sale of 2417 Third Avenue the area is only going to get more interesting. What will be constructed at this site only time will tell but if anyone thinks gentrification isn’t creeping into the South Bronx, they have another thing coming for them. The area is too close to Manhattan with such easy access via public transportation.

101 Lincoln Avenue sits right next to the Third Avenue Bridge and the pedestrian walkway used by thousands of folks a day who cross the bridge into Harlem.


What do you think about these big sales happening all at once in the South Bronx?

http://www.welcome2thebronx.com/wor...er-port-morris-property-sells-for-32-million/
 

Mike Ock

All Star
Supporter
Joined
Jul 8, 2012
Messages
5,193
Reputation
605
Daps
10,369
Reppin
The World, but from BK
Soooo...this week I went to my girl's mom's annual honorary dinner for this non-profit she runs. This was my first time going. This shyt was at the University Club in the city. This is a strictly suit and tie place, real fancy shyt. So anyway, my chik recently got a new gig that's located in the Bx. I'm just seeing now that her fam has some $$$, and they mentioned if my girl and I want to move to BX for easier commutes, (I live deeeeeeep in BK but work in midtown). They would help us out. So now I'm thinking time to move on the south BX gentrification.
 

capblk

Rookie
Joined
Dec 19, 2013
Messages
260
Reputation
80
Daps
471
It gets crazier by the day. I never thought I'd see the day people invested in hotels in the South Bronx!

The hotel boom in the South Bronx is showing no signs of slowing down.

A Queens-based developer hoping to enter the hotelier hotspot has filed plans with the city to construct a nine-story hotel with 94 rooms on East 147th St. in east Mott Haven.

“It’s too early to talk about,” said co-owner Srinivasan Kulandai. “We just filed the applications.”

Two lots involved in the proposed project currently contain a two-story home and brick garage building.

Demolition permits were filed with the city Department of Buildings last month to tear down the structures near the corner of Timpson Pl.

If given the green light, the hotel would join a host of inns in the bustling area.

A 12-story hotel is already under construction on Exterior St. and E. 146th St., and a Comfort Inn is beginning to rise on 135th St. and Third Ave.


In September, plans for a 75-room luxury hotel on the Grand Concourse near 140th St. were filed with the city.


And in Pelham Bay, a 125-room Residence Inn by Marriott at the Hutchinson Metro Center is scheduled to open in early 2015.

http://www.nydailynews.com/new-york/bronx/bronx-hotel-boom-gains-steam-94-room-article-1.2035481
 
Joined
May 5, 2012
Messages
24,761
Reputation
4,232
Daps
66,368
Reppin
NULL
NY was the test pilot for this shyt, now its nationwide...I was in Downtown Cincinnati for the holidays and me and my wife went to get some wings latenight had to troop thru the hood...1/2 the hood is straight up latte shops, seaweed wrap dine outs plastered with skinny jean bearded fags...and then 3 blocks down...u got :birdman:..and on every corner you got
images
The plan is to push us out waaaaaaaaaaay in the sticks...lock us in the hole or lay us 6 feet
nyc is the test pilot for everything. new laws, police tactics. everything
 

capblk

Rookie
Joined
Dec 19, 2013
Messages
260
Reputation
80
Daps
471
http://newyorkyimby.com/2014/12/per...office-redevelopment-560-grand-concourse.html

bronx-post-office.jpg

Youngwoo & Associates has filed permits to convert the recently purchased Bronx General Post Office to a mixed-use building, including space for retail, dining and offices.

The renovated building, located at 558 Grand Concourse by East 149th Street would add 7,500 square feet to its existing 143,000, according to New York YIMBY.

The refurbished space would host retail on the first floor and in the basement, with two restaurants also planned for the first floor.


Floors two through four would be converted to office space to accommodate 777 people total, with the penthouse housing another “restaurant & lounge” for 285 people, and the roof dedicated to a terrace for 265 people.

The developer purchased the government building for $19 million in September, amid cries from lawmakers and neighbors hoping to save the 1935 landmarked building from destruction.

Their cries should be quieted by the plans, however, which would only alter the building slightly. The post office’s garage would also be reconfigured to fit 54 parking spaces.

Youngwoo first proposed its plan to convert the building to a marketplace in February.

- See more at: http://therealdeal.com/blog/2014/12...ce-at-bronx-post-office/#sthash.38Wkcqsc.dpuf
 

the next guy

Superstar
Joined
May 2, 2012
Messages
38,879
Reputation
1,477
Daps
37,276
Reppin
NULL
THE BRONX is the least affordable county in the country for renters, a new report shows.

Tenants in the city’s northernmost borough can expect to spend a whopping 68% of their earnings on rent — or almost $2,000 a month for a three-bedroom apartment, according to a RealtyTrac.com study.

The real estate company analyzed more than 500 U.S. counties, using rental data from the U.S. Department for Housing and Urban Development to compile the list.

It compared the average fair market rent of a three-bedroom apartment and divided the annual median household income of each county.
http://www.nydailynews.com/new-york/bronx/bronx-affordable-county-country-renter-article-1.2057696

@mson


@tremonthustler1 defend your borough b.
 
Top