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Atlantic Yards/Pacific Park FAQ, timeline, and infographics (pinned post)

Signs of displacement risk in Prospect Heights and the city at large

In late September, the Association for Neighborhood and Housing Development released an interactive on-line map that it said "pinpoints displacement" or, more conservatively, provides tools that signal displacement pressures and rent-hikes.

The map isn't foolproof, because a timelag in data, for example, cites since demolished Atlantic Yards/Pacific Park sites--see arrow below for an example--as at risk.


But the increase in orange and red indicates greater risk of displacement, and there's more of that eastern Prospect Heights and western Crown Heights. The signals:
  • Is there a high rate of loss of rent-regulated tenants in the building?
  • Do NYC Department of Buildings permits indicate a high rate of tenant turnover?
  • Was the building sold for a price that might indicate a speculative investment strategy? 

The New York Times coverage in September, New Tool Shows New York Neighborhoods at Risk of Rent Hikes noted that there were 24,766 properties citywide that were red, with the highest risk score in at least one category.

More than156,000 rent-regulated units were lost from 2007 to 2014, for reasons noted especially by ProPublica, as cited yesterday.

DNAinfo's coverage noted neighborhoods facing the most displacement included Bushwick, Ridgewood, Sunset Park, East Harlem, Astoria and the Upper West Side. Prospect Heights, perhaps, is significantly post-risk because many people are already gone.

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