This post was mentioned on Twitter by MyBklynReport: Why Declining Property Values are Hazardous Where You Live: During 2007, New York City appeared resilient in th.. http://bit.ly/8tF7y…

It would be great to have it in live. I am in France to see my family until Tuesday sept 15th. When I come back to Bed-Stuy, we can meet. My schedule is very flexible – the good part of being a PhD student. So whenever it is convenient for you, it is good for me.

to contact me: ct2184 at columbia dot edu

Thank you again,

Have a good day

Best,

Clement

Although the speculation in real estate existed in ENY and Brownsville, it wasn’t as pervasive and inflationary as it was in Bed Stuy.

However, the middle class phenomenon in ENY and Brownsville had little to do with what industry or unionized work existed in those communities.

The 2 income families who made up the majority of new housing starts were influenced more by affordability and were willing to accept a longer commute, both for their children’s schooling and for employment.

Their presence in those communities is a significant factor for why the drug dealing and other violent crimes declined significantly.

We’ve got to get together, as discussed. Will contact you by email and see if we can meet over coffee during the week as you proposed.

just a quick question: do you feel there is more industry ad unionized jobs in ENY that could have supported this emerging local middle-class than in Bed-Stuy (which has no industry at all) ?

I think you’re right about the geographical location of the Bed-Stuy renaissance. but what is funny, it that if you look to census data in 2000 you see that gentrification process was coming from the North West part of the neighborhood close to Clinton hill and just south of flushing ave and north of gates avenue. the area of the Bed-Stuy renaissance you’re delimiting was nothing close from what is now – at least in the statistics…

Funny thing is that Brownsville and East New York are better examples of a growing black middle class given most of the properties that traded from 2001 on were in the single family category. They experienced a broader purchase base, as people bought throughout the neighborhoods.

Bedford Stuyvesant’s renaissance was concentrated in the following bounds Fulton Street to the south, Putnam Avenue to the north, Nostrand Avenue to the west and Malcolm X Blvd to the east.

Unfortunately, given that our local Service economy does not have a manufacturing base, this economic recovery will have a dramatic impact on neighborhoods like Bedford Stuyvesant.

If there isn’t a more aggressive plan implemented by the Mayor and City Council, then we all may be bearing witness to the greatest single economic crisis since the great depression that has the force of a natural disaster to permanently alter the Social, Economic and Demographic realities within these neighborhoods.

And the demise of a Black and Latino middle class in New York City.

Bed-Stuy, Bushwick, Brownsville and East-NY, are similar in many ways on the foreclosure crisis. So, the various consequences of this crisis on these communities will be simlar in many ways.

Yet, these communities are also different; more or less gentrified, more or less unemployment, more or less crime, more ore less community organizations able to mobilize to fight the foreclosure problem… taking into account these differences, one can ask the question: will the long term consequences of the foreclosure be different in Bed-Stuy and Brownsville? Will Bed-Stuy “better” manage to go through this crisis than Brownsville? or maybe worse?

anyway, interesting blog

Clement