GENTRIFICATION, INC.
REAL-ESTATE DEVELOPER JAMESTOWN HAS PERFECTED THE ART OF CREATING THE NEXT HOT NEIGHBORHOOD. THIS IS ITS FORMULA--AND WHERE YOU FIT IN.
http://www.fastcompany.com/3033870/gentrification-inc
In New York City, parties like Mister Sunday, along with upscale flea markets, artisanal food events like Smorgasburg, and art events have long signaled the coming wave of gentrification to once-crumbling industrial backwaters like Williamsburg, Bushwick, Long Island City, Gowanus, and now, Sunset Park. A hip, young set willing to push the boundaries into once-unloved neighborhoods in search of bigger spaces, creative freedom, and ultimately cheaper rent is always part of the equation of gentrification. But so are the savvy real-estate developers who follow their every move, ready to pour accelerant on the process.
So, it would be really fascinating to see exactly what would happen if this approach were taken in the area around Fountain Park. Could it spark the needed north side wave of gentrification?









