El Barrio Fights Back Against Globalized Gentrification
Syndicated from NEFAC on Mon, 2008-04-28
"We Will Not Be Moved!"
El Barrio Fights Back Against Globalized Gentrification
By Michael Gould-Wartofsky (NEFAC-NYC)
Reproduced from CounterPunch.org
From London’s Grosvenor Square you can’t see East Harlem., but you can buy it. For £250 million. 47 buildings and 1,137 homes at a time. That, at least, was supposed to be the deal for UK-based investment bank Dawnay, Day Group when it reached across the ocean last March and snatched up entire blocks of this historic neighborhood of low-income immigrants—one of the last such communities left in Manhattan.
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