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Williamsburg Gentrification and Commercialization in Williamsburg, Brooklyn Term Paper

… Williamsburg

Gentrification and Commercialization in Williamsburg, Brooklyn: An Analysis of Bedford Ave. Between 3rd and 4th Streets

Gentrification is often seen as a good thing for many communities, as it means (pretty much by definition) increased property values, higher income potentials, decreased crime, and an increased and diversified array of amenities, shopping opportunities, and other business interests. At the same time, however, gentrification often means a reduction in artistic output, lower amounts of general creativity and innovation, higher rents, and other changes to a neighborhood that make it less conducive to certain lifestyles, desires, and both ethical and practical values. Neighborhood gentrification and the signs that it may be occurring are thus highly complex and reacted to in widely different ways due to the varying…. [read more]

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