Gentrification Community

Gentrification which seems to be the trend in many inner cities is a very controversial issue. The arguments on both sides of the subject seem to be discussed not from meeting of the minds, but it is powered by feelings and incidents. The concept is intended to improve the community, and help the people. The question that needs to be answered is this: is there anything wrong with the intention to invest in a store in an urban neighborhood? I believe that by renovating and restructuring, property values increases which is good for the economy. However, there is a downside to the concept due to the fact that low income small businesses are the ones that are suffering, as the values elevates. Big businesses moves in and as this is done, the small businesses that once populated Downtown Brooklyn have no choice but to relocate or to close their doors. There is no way that the mom and pop shops could
compete with their new mega/ modish stores competitors. The fact that some small stores will have to relocate there is no small accomplishment. In order for these owners to be successful, they will need to find another location that which is a low income community.
They are unable to investigate if their services are needed in this new particular area, so the decision will be made without the necessary facts that are necessary for the success of the business venture. There is many questions that needs to be explained considering that gentrification supposed to be changing the dynamics of the community in a positive way. So in what way does gentrifying communities have a positive impact on small businesses? Or is the purpose of gentrification to help the economy and to bring demise of the small businesses? In this paper I will follow-up on the changes that occurred after the documentary “My Brooklyn” by Kelly Anderson. There will be interviews with different store owners, and these proprietors will rationalize with us their different experiences as they give an insight from the incidents they have witnessed as a result of gentrification. They will notify in what way their business diverged from the past to
today. Additionally, they will share with us their view point the vast difference that have taken place has change their communal setting so dramatically that they believe they are no longer living in Brooklyn “their home”, but in reality a now “little Manhattan”.