Wikepedia defines Gentrification and Urban Gentrification as “denoting the socio-cultural changes in an area resulting from wealthier people buying housing property in a less prosperous community”. Imagine all the “rich people” moving in the hood and increasing the area’s value up. Once the economic structure is in place, property values, property taxes skyrocket leaving resident owners that have been there for years unable to pay the taxes and are forced to sell their dwellings and move to a cheaper community. This is currently happening in communities in Brooklyn.
Check out Spectre’s latest project that coincides with the Gentrification of Brooklyn show at the MoCADA . This can be seen throughtout Brooklyn.




by exaktoh
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