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Bushwick is Named 4th Most Gentrifying Neighborhood by NYU’s Furman Center

In case you were wondering Bushwick is not the most gentrifying neighborhood in the city

Bushwick is Named 4th Most Gentrifying Neighborhood by NYU’s Furman Center
A rendering of hotly contested development on the site of the old Rheingold Brewery. Image courtesy of ONA New York
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In case you were wondering Bushwick is not the most gentrifying neighborhood in the city. It placed fourth on the top 15 list of most gentrifying neighborhoods, according to a study.

The NYU Furman Center on Real Estate and Urban Policy regularly releases reports containing statistics about housing in NYC. They recently released their annual report, “State of New York City’s Housing and Neighborhoods,” which details changes in demographic makeup in three types of NYC neighborhoods (gentrifying, non-gentrifying, and higher-income). Most of the information in the 21 page report is disheartening because problems related to housing affordability seem to touch people in all neighborhoods.

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