This case-study investigates the incentives of the City concerning planning and rezoning of the waterfront area of Greenpoint-Williamsburg and its industrial assets.
27 oktober 2011
Greenpoint-Williamsburg as well as other areas, experienced accelerated displacement since the 1990s because of gentrification phenomena: Between 1991 and 2002, manufacturing employment alone dropped by 72% in Williamsburg and by 60% in Greenpoint and the number of industrial jobs declined with almost 40%. Large manufacturing firms are no longer present in the area. The employment in manufacturing for New York City as a whole has fallen by nearly 80% in comparison with 1947. The overall result of these changes on the working-waterfront is a dominant presence of vacant lots and under used industrial resources.