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Did the city allow gentrification?

Gentrification is the act of purchasing and renovating deteriorating properties in low-income or troubled neighborhoods to accommodate an influx of wealthier buyers, while pushing lower income residents out of the area. It is a controversial practice that has led to a number of regulations in New York City to prevent some neighborhoods from losing their character…and their longtime residents.

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Greenberg & Wilner

Greenberg & Wilner
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