"I see racism in the market": Brokers get candid on race in a new study

… concentration may contribute to segregation the studys authors argue Sociologists from Rice University and New York … even when you control for income according to report coauthor Max Besbris a sociology professor at Rice Even so … and vice versa and you likely get further segregation the authors write … Agents are part of a larger racist system  … …

By Nathan Tempey |October 16, 2017 - 12:00PM
Why does infrastructure lag so far behind gentrification?

… transformation bringing change to farther and farther neighborhoods one question remains Why are so many basic … up … The squeaky wheel … If youve ever wondered how you live on a block populated with multimillionaire brownstone … For the community it can become a case of be careful what you wish for says Burkhart Where theres progression …

By Virginia K. Smith |December 30, 2016 - 10:07AM
Redlining: How one racist, Depression-era policy still shapes New York real estate

… banks didnt lend there The FHA relied on maps drawn by the Home Owners Loan Corporation HOLC a governmental body Writes … investments in redlined areas resulting in residents or prospective buyers in minority neighborhoods ineligible to … the policy prompted a migration of white New Yorkers to the suburbs deemed safer places for home investments If you were …

By Emily Nonko |December 29, 2016 - 9:36AM
Talking gentrification, and why "New York City is a real estate story," with the director of HBO's "Class Divide"

… four to a bedroom and others living in $10 million townhomes just steps from one another Brick Underground recently … Luc Hawkins would commit suicide The movie offers no information or commentary about this shocking occurrence but … there are real problems with gentrification as well Small shops and friends have been displaced the influx of …

By Kelly Kreth |October 31, 2016 - 9:59AM