Housing + Development

No Comments

Study: Rents in Chinatown and LES Still Cheaper Than City Median, But Rising

Screen shot 2013-06-24 at 12.33.21 PMA new study tells us what we might’ve guessed from the recent proliferation of ping pong-tabled “event spaces”: gentrification is on the rise in Chinatown and the Lower East Side.

Or so concludes a report studying Asian neighborhoods in Boston, New York and Philadelphia in order to analyze displacement occurring as a result of higher rents (and no, we’re not just talking about ).
More →

No Comments

Here’s the Giant Apt. Complex On Tap For Former Home of Rheingold Brewery

Here’s the Giant Apt. Complex On Tap For Former Home of Rheingold Brewery

Rendering of Complex
An expansive new development project may be on its way to Bushwick. Read Property Group, a Borough Park-based developer, is looking to build nearly 1,000 new apartments at the former home of Rheingold Brewery.
More →