Gentrification of New York City

... Hard as it is to believe, however, New York and other cities in the American Northeast are beginning to enjoy a revival as they undergo a gradual process known by the curious name of 'gentrification' term coined by the displaced English poor and subsequently adopted by urban experts to describe the movements of social classes in and around London.

"[5] Gentrification increases property values and changes the social and physical makeup of neighborhoods that were previously thought to be unappealing to newcomers.

[7][8] The displacement of people in New York City started in the 1970s and 1980s with a significant increase in middle-income housing in the form of rehabilitated single-family dwellings, mostly in historic districts, driven by affluent, educated young professionals with "an increasing desire for the kinds of cultural and intellectual pursuits that are generally found only in the central cities—performing arts, museums, libraries, seminars, and etc.

Agencies were reformed, key missions redefined, and strategic plans[20] Gentrifying neighborhoods in New York City witness an increase in commercial activity.

Since then, however, the city has invested in a diversity of projects including solar energy, smart constructions, better public transport and spaces and separate collection of waste linked to recycling/incinerating systems.

Compact developments with an emphasized verticality are another approach to creating active spaces with efficient energy use, less driving distances, reduced emergency response time, mixture of homes, services and jobs.

[26] Manhattan experiences or has experienced gentrification in many neighborhoods including Chinatown[27], Harlem[28], Meatpacking District[29], Lower East Side[30], Chelsea[31], Hell's Kitchen[32], and Times Square[33].

[34] Additionally, experts predict new or continued gentrification in Queens impacting Long Island City, Astoria, Jackson Heights, the Rockaways, and Jamaica.