A controversial new luxury building is trying to attract foreigners to the Lower East Side — but not the type of immigrants the neighborhood is used to. We’re talking about the well-heeled jet set. Yes, that’s literally a Gucci bag in one of the renderings for Extell Development’s skyscraper at 252 South Street. The company has quietly released a brochure, meant … Continue reading Luxury Teepees and More To Entice Wealthy Chinese to Extell's 80-Story Tower
“Where are you, de Blasio?” That was the question of the afternoon when rain-soaked protesters braved the weather at City Hall to protest rezoning that they claim has led to racism and displacement within their community. According to the organizers of the rally, The Coalition to Protect Chinatown & The Lower East Side, Mayor Bill de … Continue reading Chinatown Residents Rally Against ‘Racist’ Towers They Say Are Displacing Them
Lower East Siders rallied against a 56-story building due to rise over the former Pathmark site, with some saying its luxury apartments constituted “racist development.”
Colony 1209, a rather, um, insensitively named luxury development in Bushwick featuring a doorman, ping pong tables, a “speakeasy,” and a gym, has caused quite a stir since it opened up its 127 units inviting “bohemians” to become “settlers” in “Brooklyn’s vibrant new frontier.” Last summer, Bushwick Daily dubbed Colony 1209 the neighborhood’s “most controversial new building,” … Continue reading Bushwickers and Local Activists Rally Against Controversial Apartment Building
Sure, the latest Williamsburg townhouse to go on the market is a whopping $4.1 million, but it’s right around the corner from awesome institutions like Death by Audio, 285 Kent, IndieScreen, and Glasslands.
Tom Lombardi has returned to his stomping grounds of Williamsburg after several years away. The wife and I ride the elevator thirty-something floors up the spine of a newly constructed condo that stands, along with its glassy companions, on the waterfront on Kent Avenue. My wife’s friends’ crib is magnificent, with floor-to-ceiling windows that expose … Continue reading The 40-Year-Old Hipster Goes to a Rave
A 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 … Continue reading Study: Rents in Chinatown and LES Still Cheaper Than City Median, But Rising