GENTRIFICATION AND DECLINE OF AFFORDABLE HOUSING HOUSING - PowerPoint PPT Presentation

GENTRIFICATION AND DECLINE OF AFFORDABLE HOUSING ⟶ HOUSING COOPERATIVES AND OTHER NON-COMMODIFIED HOUSING MODELS PROVIDING PERMANENT AFFORDABILITY Commodification is the conversion of housing from something that provides shelter, protection, privacy, space for personal and family activities into something that is bought and sold and used to make money. Thus, every step that limits the commodified character of housing contributes to solving the housing crisis. -Peter Marcuse Commodification is a strategy for capital accumulation (deregulation, financialization and alienation).

NEW YORK CITY REZONING 40% of the city land got rezoned during the Bloomberg administration from 2002 to 2013

BROOKLYN INVESTMENT DEVELOPMENT AND GENTRIFICATION

SUNSET PARK BROOKLYN

NEW YORK CITY 8.5 Million 1,438,160 32% White 29% Hispanic BRONX 22% Black 14% Asian 21% live in poverty MANHATTAN 1,636,270 37% foreign born QUEENS 2,321,580 2,621,790 BROOKLYN STATEN SUNSET PARK ISLAND 150,000+ 43% Hispanic 31% Asian 21% White 473,280 1% Black 32% live in poverty 48% foreign born

NEW YORK CITY Privately owned housing 31% $35, 550 MHI Rental housing 69% Severely rent-burdened households 30% Beverly rent-burdened households low income 46% BRONX Median Household Income $56,350 MANHATTAN $76,390 MHI QUEENS $61,070 MHI $51,690 MHI BROOKLYN STATEN $72,390 MHI ISLAND

SUNSET PARK Homeownership rate 32% Severely rent-burden households 45% Severely rent-burden households low income 55% $67,830 $43,660 $87,590 $39,970 $112,620 $46,210 $45,690 $45,710 $43,640 $65,070

NYC COMMUNITY DISTRICTS 12 Manhattan 12 Bronx 18 Brooklyn 14 Queens 03 Staten Island CD 7

GREENPOINT 1 WILLIAMSBURG NAVY DUMBO YARD BROOKLYN BUSHWICK CLINTON 2 HEIGHTS 3 HILL 4 BOERUM FORT BEDFORD- HILL COBBLE GREEN STUYVESANT HILL 6 RED HOOK 8 CROWN 16 GOWANUS PARK HEIGHTS EAST SLOPE NEW YORK LEFFERTS BROWNSVILLE GARDENS 5 9 WINDSOR EAST 7 TERRACE FLATBUSH SUNSET 17 PARK KENSINGTON CARNASIE & PARKVILLE FLATBUSH BOROUGH BAY RIDGE PARK 12 14 18 DYKER FLATLANDS HEIGHS 10 MIDWOOD BENSONHURST FORTH BERGEN MARINE 11 HAMILTON BEACH PARK SHEEPSHEAD GRAVESEND BAY BATH MILL BEACH 15 BASIN GERRITSEN BEACH BRIGHTON & 13 MANHATTAN BEACH CONEY ISLAND

Sunset Park 1 Greenwood Heights 2 South Slope 3 Windsor Terrace 4 Industry City/Bush Terminal (16 buildings) 5 Liberty View Industrial Plaza 6 Brooklyn Army Terminal 7 3 6 2 5 4 7 1

https://vimeo.com/110964227

PHOTO:CURVED NY

http://industrycity.com/inside-ic/

PHOTO: NEW YORK TIMES

PROPOSED STREETCAR ALONG BROOKLYN-QUEENS WATERFRONT Tens of millions of square feet space available for industrial and manufacturing uses The city is considering financing the $2.5 billion project with bonds that are backed by the rising property values from new development. Property tax model based on increased property taxes to existing and yet-to-be developed properties within half-mile radius around the stations. Friends of the BQX

LOW-INCOME HOUSING COOPERATIVES (1) Low-income housing cooperatives created by the Finnish community (1916). (2) Mitchell-Lama housing cooperatives sponsored by the New York State (mid-1950s) (3) Housing Development Fund Corporations run by shareholders and sponsored by NYC (mid-1970s) (4) Housing Development Fund Corporations rentals sponsored by non-profits and NYC

Public Use Microdata Area (PUMA) and Community District Equivalencies Brooklyn, New York COMMUNITY DISTRICT PUMA BK 1 4001 BK 2 4004 BK 3 4003 BK 4 4002 BK 5 4008 BK 6 4005 BK 7 4012 BK 8 4006 BK 9 4011 BK 10 4013 4001 BK 11 4017 CD 1 BK 12 4014 BK 13 4018 BK 14 4015 BK 15 4016 BK 16 4007 BK 17 4010 BK 18 4009 4002 CD 2 CD 4 4004 4003 CD 3 CD 6 4006 CD 8 4005 CD 16 CD 5 4007 4011 CD 9 4008 CD 7 4012 4010 CD 17 CD 14 CD 12 4015 4014 CD 18 CD 10 4013 4009 4017 CD 11 4016 CD 15 4018 CD 13 PUMA areas are color-themed 4001 Community District boundary CD 1 Source: U.S. Census Bureau, 2008 Public Use Microdata Area (PUMA) Population Division-New York City Department of City Planning Joint Interest areas

TM Neighborhood Tabulation Areas* within Brooklyn Community District 7 ° Community District Boundary Neighborhood Tabulation Area CD3 Source: BYTES of the Big Apple Feet Created August 2013 0 1,500 3,000 *Neighborhood Tabulation Areas (NTAs) are aggregations of census tracts that are subsets of New York City's 55 Public Use Microdata Areas (PUMAs). Primarily due to these constraints, NTA CD6 boundaries and their associated names may not definitively represent neighborhoods. Park Slope- Gowanus Prospect 1 5 S T G O WA N U S BK37 Park B A Y U P P E R N E W 4 A V E Y O R K B A Y South Brooklyn Marine Terminal Windsor Terrace BK40 Sunset Green-Wood P R O Cemetery Park West Y P 3 9 X S P S E BK32 T E S U C T N E V A A W E X P O 1 G Y Sunset Park East 5 A V E CD14 BK71 1 4 2 8 A V E 3 6 0 S T CD12 6 8 16 5 9 7 Bay Ridge 17 12 14 18 BK31 10 11 15 CD10 13

Brooklyn Community District 7 - Land Use TM One & T wo Family Mixed Commercial/Residential T ransportation/Utility Parking Facilities Community District ° Source: MapPLUTO™ V.13.1, MultiFamily Walkup Commercial/Office Public Facilities & Institutions Vacant Land BYTES of the Big Apple Feet Created July 2013 0 1,500 3,000 MultiFamily Elevator Industrial/Manufacturing Open Space All Others or No Data CD8 CD6 U P P E R N E W Y O R K B A Y 1 5 S T Prospect G O WA N U S Park B A Y 4 A V E South Brooklyn Marine Terminal P R O S P E C T E Green-Wood X G O W A N U S E X P Y Cemetery P Y 3 9 S T 1 A V E Sunset Park E V CD14 A 5 1 G 8 A V E 4 2 O 6 0 S T 3 6 W 8 CD12 16 5 9 A 7 17 N U 12 14 18 S 10 CD10 E 11 X 15 P 13 Y