List of top 15 gentrifying neigborhoods in New York City (2016)
The following information has as its source a study published by the NYU Fuhrman Center on Real Estate and Urban Policy as part of its State of New York City's Housing & Neighborhoods - 2015 Report (PDF). The study looked at average household income in 1990 and percentage change in average rent 1990 to 2010-2014. The study defines gentrification as happening where initially low-income neighborhoods (classified as the bottom 40% of city neighborhoods by income in 1990) experienced above median increases in rent.:
"As demand grows and neighborhoods become more economically and racially integrated, long-time residents may benefit from new neighborhood amenities, reduced crime rates and higher housing values. However, rising rents threaten the long-run diversity of these communities (Zimmer 2016).” - Ingrid Gould Ellen, faculty director of the NYU Furman Center, which authored the study.
| Location | Percent change in average''' rent 1990 to 2010-2014 | Avg. household income in 1990 |
| New York City (as a whole) | 22.1% | $78,500 |
| Williamsburg/Greenpoint (Brooklyn) | 78.7% | $53,550 |
| Central Harlem (Manhattan) | 53.2% | 39,650 |
| Lower East Side/Chinatown (Manhattan) | 50.3% | $54,350 |
| Bushwick (Brooklyn) | 44.0% | $42,500 |
| East Harlem (aka El Barrio; Manhattan) | 40.3% | $47,300 |
| Morningside Heights/Hamilton Heights (Manhattan) | 36.7% | $61,500 |
| Bedford Stuyvesant (Brooklyn) | 36.1% | $46,150 |
| North Crown Heights/Prospect Heights (Brooklyn) | 29.9% | $56,600 |
| Washington Heights/Inwood (Manhattan) | 29.3% | $55,650 |
| Mott Haven/Hunts Point (Bronx) | 29.3% | $55,650 |
| Astoria (Queens) | 28.0% | 32,250 |
| Sunset Park (Brooklyn) | 27.6% | $64,600 |
| Morrisania/Belmont (Bronx) | 23.9% | $62,550 |
| Brownsville/Ocean Hill (Brooklyn) | 20.5% | $43,100 |
| South Crown Heights (Brooklyn) | 18.1% | $62,900 |
"The study revealed some other interesting facts about these gentrifying neighborhoods. For instance these neighborhoods saw a greater increase in educated residents and single-family households compared to the rest of the city. These neighborhoods also saw an increase in white population and a decrease in black population, with statistics measured up to 2014 (Warekar 2016)."
See also[edit]
Housing_Crisis_-_Expensive_Rental_Markets
By the numbers - Gentrification (Video - NYU Fuhrman Center presentation on the study mentioned in this article)
References[edit]
Warekar, T. (2016, May 9). Behold, NYC's 15 Most Rapidly Gentrifying Neighborhoods - Curbed NY. Retrieved from [1]
Zimmer, A. (2016, May 9). Here Are City's Top 15 Gentrifying Neighborhoods - Crown Heights - DNAinfo New York. Retrieved from [2]