Canarsie: Hard Hit by Mortgage Crisis, and Changing


That's the word from the NY Times, which gave Canarsie the Living In treatment yesterday. The leafy, suburban-ish neighborhood has suffered a high rate of foreclosures, many of them belonging to the Caribbean, Chinese or Russian immigrants who've flocked there as of late, they write; prices are drooping. Single-family houses have been giving way to higher density development, worrying some residents. As one said, "If you buy a house on a quiet block, 'you don’t want the dude next door to come, knock down his house and put up a four-story building.'"
Living In: Canarsie [NY Times]
Photo by singingpixel.

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