Thursday, April 19, 2012
Gentrification is a bitch
From the NY Post:
The last of the starving artists who colonized Williamsburg two decades ago and began its transformation into the hipster capital of New York could soon find themselves out on the street.
...in 2010 the state revised the Loft Law — to put such artist-occupied spaces under rent stabilization.
The Berry Street tenants claim the legislation supersedes their agreement. But Brooklyn Supreme Court Justice Bert Bunyan two weeks ago sided with the current landlord, Mona Gora-Friedman, who wants to show them the door.
She finds the artists unpalatable, they claim, because they’re standing in the way of converting the building into luxury condos.
If the decision stands, the artists appear to have two alternatives: Leave their beloved Billyburg and trek east to Bushwick, where many of their fellow painters and sculptors have been driven.
Or try to get enough money together to move into the expensive new legal artist lofts that are being built in their current hood.