Why Gentrification Needs To Be tackled At its Source In NYC
“Shabby, cottages have been taken over and have become elegant expensive residences… Once this process of ‘gentrification’ starts, it goes on rapidly, until all of the original working-class occupiers are displaced and the whole social character of the district is changed.” This 1964 quote from Ruth Glass, a British sociologist, is the first to coin […]
US Stock Market: The Fall Of 2018
For investors and middle-class workers watching their 401(k), the last few months have been a tailspin of unfulfilled returns and dropping stock prices. These huge losses on the market come off the heels of investors who were riding high on the early to mid-2018 bull market. In October alone the S&P 500 dropped 6.9 percent, […]
Amazon’s HQ2 And What It May Mean For New York
This November the city of New York reached a deal with e-commerce behemoth Amazon that will see them build a second headquarters, “HQ2,” in the Long Island City area of Queens. It’s the largest economic development project in the history of the state and was hard won against the likes of New Jersey and others, […]