6.11.2011

Atlantic Yards: Aging Buildings Spur Change

According to the 2000 Census, much of the housing stock in the immediate vicinity of the Atlantic Yards development was relatively old when plans were announced for the Atlantic Yards development.  When housing is in demand, the combination of an aging population and aging housing stock is often a catalyst for new development and gentrification.




2 comments:

  1. why does an aging population aging housing stock is often a catalyst? does old housing mean bad living conditions? who did the property owner user the above information to their benefit

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  2. It would be interesting to combine this information with the previous posting (the video) and speculate on the combination of aging real estate stock and urban creativity. However, this would be a dissertation in of itself.

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