My NYC Black Folk......Gentrification

[capblk]

Condominiums slated to rise at 221 E 138th Street. 3 other developments across the street from each other stretching to the east side of 3rd Avenue are also slated to rise.

The old 2 story factories at 221 E 138th Street at Canal Place has been torn down and in its place will rise a 7 story, 50 unit condominium development with ground floor commercial space according to Anthony Gurino of Tahoe Development which purchased the buildings for $2,800,000 in September 2015.

When we first asked Gurino if it was going to be market rate or affordable housing, he said “it doesn’t pay to construct affordable housing anymore including mandatory inclusionary affordable housing (MIH).”
​

Rising adjacent to the historic Clocktower Loft building is a new 6 story, 128,340 square foot residential expansion adding 190 units to the 95 unit loft building—oh and did we mention the enclosed pool?

The rendering is from architectural firm Karl Fischer Architect who is the architectural firm listed on NYC’s Department of Building’s database. One has to scratch their heads as to why a firm that is so despised in NYC was chosen for the project.
​

Rendering of Landmark Clocktower Expansion in Port Morris Revealed

 

[AB Ziggy]

Condominiums slated to rise at 221 E 138th Street. 3 other developments across the street from each other stretching to the east side of 3rd Avenue are also slated to rise.

The old 2 story factories at 221 E 138th Street at Canal Place has been torn down and in its place will rise a 7 story, 50 unit condominium development with ground floor commercial space according to Anthony Gurino of Tahoe Development which purchased the buildings for $2,800,000 in September 2015.

When we first asked Gurino if it was going to be market rate or affordable housing, he said “it doesn’t pay to construct affordable housing anymore including mandatory inclusionary affordable housing (MIH).”
​

Rising adjacent to the historic Clocktower Loft building is a new 6 story, 128,340 square foot residential expansion adding 190 units to the 95 unit loft building—oh and did we mention the enclosed pool?

The rendering is from architectural firm Karl Fischer Architect who is the architectural firm listed on NYC’s Department of Building’s database. One has to scratch their heads as to why a firm that is so despised in NYC was chosen for the project.
​

Rendering of Landmark Clocktower Expansion in Port Morris Revealed

it's over brehs. Only a matter of time before these nikkas reach Tremont.

 

[3rdLetter]

Heard they built a starbucks on sutphin in jamaica.... it's over brehs it's the beginning of the end for us...

It's across from the courthouse. I don't think that's a big deal Now if they build one on Sutphin past South rd. then

 

[Francis White]

it's over brehs. Only a matter of time before these nikkas reach Tremont.

It was over when people were boasting how gully the area was not getting the point if you don't shyt or being content doing shyt work for no money it was over.
The problem is people have to wake up. I was speaking with a friend who is clueless, he said everyone was partying and I corrected him by saying that the people were working more and being content to come home to no cable or internet access and let world pass them by. If you read the other threads on here talking about which is a better job retail or security or better yet that moron who keeps posting about group economics when these people live paycheck to paycheck and have no means of setting it up . Bottom line education and choosing better professions is the only way too survive and that's still going to be hard to do .

 

[Joe Sixpack]

it's over brehs. Only a matter of time before these nikkas reach Tremont.

Nah I don't think so, B..

The Bronx will always have that stigma of burned down abandoned buildings in my opinion..

And if it does happen it won't be until like 2050

 

[Rekkapryde]

Nah I don't think so, B..

The Bronx will always have that stigma of burned down abandoned buildings in my opinion..

And if it does happen it won't be until like 2050

Famous last words breh.....famous last words.

 

[Francis White]

Famous last words breh.....famous last words.

Yep one those posters who believe their hood is too gully and that nonsense. He doesn't know now is when they will buy the area while it's worthless , he doesn't get the people don't own shyt and can be evicted really quick of the buildings can be privatized.

 

[Joe Sixpack]

Yep one those posters who believe their hood is too gully and that nonsense. He doesn't know now is when they will buy the area while it's worthless , he doesn't get the people don't own shyt and can be evicted really quick of the buildings can be privatized.

Slow down killa..

Read my post again

 

[BigMan]

New York Median Black Household Income County Rank Based on ACS 2010-2014 data

Nassau Rockland and Queens the top 3 in black income in NYC area

 

[BigMan]

New York-Northern New Jersey-Long Island, NY-NJ-PA Median Black Household Income County Rank Based on ACS 2010-2014 data

My county right there under Nassau

 

[AB Ziggy]

New York-Northern New Jersey-Long Island, NY-NJ-PA Median Black Household Income County Rank Based on ACS 2010-2014 data

My county right there under Nassau

Somerset County? You far as hell breh .

 

[BigMan]

Somerset County? You far as hell breh .

Literally the edge of the tri state area, 45min-1 hr from fam in Staten Island tho and trains to the city. I used to live in Middlesex and Union counties too

 

[Wild self]

Condominiums slated to rise at 221 E 138th Street. 3 other developments across the street from each other stretching to the east side of 3rd Avenue are also slated to rise.

The old 2 story factories at 221 E 138th Street at Canal Place has been torn down and in its place will rise a 7 story, 50 unit condominium development with ground floor commercial space according to Anthony Gurino of Tahoe Development which purchased the buildings for $2,800,000 in September 2015.

When we first asked Gurino if it was going to be market rate or affordable housing, he said “it doesn’t pay to construct affordable housing anymore including mandatory inclusionary affordable housing (MIH).”
​

Rising adjacent to the historic Clocktower Loft building is a new 6 story, 128,340 square foot residential expansion adding 190 units to the 95 unit loft building—oh and did we mention the enclosed pool?

The rendering is from architectural firm Karl Fischer Architect who is the architectural firm listed on NYC’s Department of Building’s database. One has to scratch their heads as to why a firm that is so despised in NYC was chosen for the project.
​

Rendering of Landmark Clocktower Expansion in Port Morris Revealed

More empty housing.

 

[ORDER_66]

More empty housing.

They just build them for rich people now and they just sit there vacant as shyt until someone comes in and buys one. instead we got people who can pay but dont meet the qualifications to live in them...

these fukking contractors i wanna kill them all or at least smack them with the reality stick...

 

[Wild self]

They just build them for rich people now and they just sit there vacant as shyt until someone comes in and buys one. instead we got people who can pay but dont meet the qualifications to live in them...

these fukking contractors i wanna kill them all or at least smack them with the reality stick...

That artificially high price of these condos is just economically stupid. Charging over a million for one unit? Even the international investors aren't that stupid.