Gentrification 1

                Gentrification in the process in which low income urban neighborhoods or deteriorated areas are converted to more upscale communities, with condos, higher rent apartments, houses, and new chain stores and businesses."The term was first coined by urban geographer Ruth Glass in the 1960s to describe the surprising phenomenon of upper middle-class British families buying property in London's gritty East End."(Roos)This process take many years to finish and goes through a variety of steps; Something people wouldn't count as the beginning of the process is the fact that these areas must become rundown and prices for rent and leases must go down. Then we have what have been called the "urban pioneers" these are the people who decide that low price are just right for them to start living there and changing some of the cultural aspects of the area. (Roos)

                The pioneers start to buy places for to use for venues, this causes real estate agent to start calling these areas "up and coming neighborhoods" this makes people from higher economic classes start buying property, and start the renovating building, increasing property values. As more a more property is bought up by people businesses start seeing this as an opportunity to start buying property as well for new stores. Parks and playgrounds are either fixed, rebuilt, or a just plain built. The neighborhood no longer looks, nor cost, like it used to and you will have more people going to those areas to visit or shop at. The same people who would have avoided passing through those areas before now flock it.

                How often does this happen in New York City, we know Manhattan and Queens have those really nice areas to live at, but did these areas get bad before they got better. Soho is an example of a location that when through this process a number of years ago. Hell's kitchen a place that got that name through negative reason has also been gentrified. Even "El Barrio" has changed over the years. Even though the economy is not at its best moment right now, this has not stopped gentrification from happening. Harlem itself is being gentrified, even with many people opposing it every step of the way. The South Bronx is changing as well, hunts point with its many warehouses it being renovated.

                

Work Cited

Roos, David. "How Gentrification Works." How Stuff Works. 

HowStuffWorks, Inc. Web April 25, 2014