Day: January 24, 2015

Local Issues - Red Hook, Real Estate

Development without displacement: ensuring affordability in Red Hook, by Ben Fuller-Googins

Red Hook is undergoing a renaissance. At least according to a recent The Real Deal article that sees the accelerated growth in market rate housing and commercial construction as “livening up this remote Brooklyn community.” Such “livening up,” however, is often accompanied by diminished affordability and displacement, disproportionately affecting working class families and people of color. Already, 48% of Red […]