293 Prospect Place

In my opinion if a three bedroom costs more than $3000 you can be quite sure the neighborhood has already "gentrified". If you were looking at a 3 Bedroom for $2200 you could qualify as being in the first or second wave of gentrification.

That said, the neighborhood is lovely. I would think the cost is fair for the area and a really nice apartment. No specific feedback for that exact building though.

Good luck.

gentrification shouldn't be a dirty word. it brings services and money into a area that didn't have much to begin with. studies have shown people really don't get displace at all, instead more people come to live in a a area.

for example. i brought a barely used crack house/shell of a building in the area. wasn't used except by a crack head who stores stolen bikes in them. he didn't live in it. after renovated it people move in and now tons of folks on the block etc...

AW-

Gentrification is only as bad as the seasons changing. You can have a favorite season, but that won't stop new ones from coming.

I guess you could move to a part of the world without seasons, but what fun would that be?

People tend to think gentrification goes like this: rich, educated white people move into a low-income minority neighborhood and drive out its original residents, who can no longer afford to live there. As it turns out, that's not typically true.

A new study by researchers at the University of Colorado at Boulder, University of Pittsburgh and Duke University, examined Census data from more than 15,000 neighborhoods across the U.S. in 1990 and 2000, and found that low-income non-white households did not disproportionately leave gentrifying areas. In fact, researchers found that at least one group of residents, high school–educated blacks, were actually more likely to remain in gentrifying neighborhoods than in similar neighborhoods that didn't gentrify — even increasing as a fraction of the neighborhood population, and seeing larger-than-expected gains in income.

Those findings may seem counterintuitive, given that the term "gentrification," particularly in cities like New York and San Francisco, has become synonymous with soaring rents, wealthier neighbors and the dislocation of low-income residents. But overall, the new study suggests, the popular notion of the yuppie invasion is exaggerated. "We're not saying there aren't communities where displacement isn't happening," says Randall Walsh, an associate professor of economics at the University of Pittsburgh and one of the study's authors. "But in general, across all neighborhoods in the urbanized parts of the U.S., it looks like gentrification is a pretty good thing."

The researchers found, for example, that income gains in gentrifying neighborhoods — usually defined as low-income urban areas that undergo rises in income and housing prices — were more widely dispersed than one might expect. Though college-educated whites accounted for 20% of the total income gain in gentrifying neighborhoods, black householders with high school degrees contributed even more: 33% of the neighborhood's total rise. In other words, a broad demographic of people in the neighborhood benefited financially. According to the study's findings, only one group — black residents who never finished high school — saw their income grow at a slower rate than predicted. But the study also suggests that these residents weren't moving out of their neighborhoods at a disproportionately higher rate than from similar neighborhoods that didn't gentrify.

This study isn't the first to come to that conclusion. A 2005 paper published in Urban Affairs Review by Lance Freeman, an assistant professor of urban planning at Columbia University, looked at a nationwide sample of neighborhoods between 1986 and 1989 and found that low-income residents tended to move out of gentrifying areas at essentially the same frequency they left other neighborhoods. The real force behind the changing face of a gentrifying community, Freeman concluded, isn't displacement but succession. When people move away as part of normal neighborhood turnover, the people who move in are generally more affluent. Community advocates may argue that succession is just another form of exclusion — if low-income people can't afford to move in — but, still, it doesn't exactly fit the popular perception of individuals being forced from their homes.

The new study found that while gentrification did not necessarily push out original residents, it did create neighborhoods that middle-class minorities moved to. The addition of white college graduates, especially those under 40 without children, was a hallmark of gentrifying neighborhoods — that much fit the conventional wisdom — but so was the influx of college-educated blacks and Hispanics, who moved to gentrifying neighborhoods more often than they to did similar, more static areas. Two other groups tended to move more often into upwardly mobile neighborhoods as well: 40-to-60-year-old Hispanics without a high-school degree, and similarly uneducated Hispanics aged 20 to 40 with children — a counterpoint to the common conception of gentrification, if there ever was one. The only group that was less likely to move to a gentrifying area was high school–educated whites aged 20 to 40 with kids.

Read more: http://www.time.com/time/business/article/0,8599,1818255,00.html#ixzz1TRsHezx7

I have lived on that block for 7 years now and could not be happier. Its relatively clean, quiet and is close to pretty much anything you could want. After about a month you will wonder why it took so long to move out of Manhattan.

I gentrified the hell out of that place and am damn proud of it.

Seriously most poor people are poor because they are stupid and or lazy.

Absolutely no need to feel sorry for them if they cant afford to live there anymore.

Ha, sorry I was channeling master shake there for a moment. The only reason I can afford to live there now is because I bought 7 years ago when barely anyone knew the neighborhood existed. And poor people have just been getting on my nerves this month.

littering

cremate said:

Weren't most of the neighborhoods gentrified a while back, then degentrified, now are gentrifying again?

thats why you got yourself grand mansions all the way into bedstuy.

the problem with gentrification is white visibility, in fact there are alot of black gentrifiers but they don't stick out unless you look closely at how they are dress and where they go for stuff like yoga and foreign foods (chinese take out does not count LOL).

Shoe polish help to blend in too.

if you had shinny shoes like him, you surely going to stick out even more .