the urban prospector

Searching for Golden Opportunities in America's Cities

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Job Creation the Solution to Gentrification?

The current reinvestment in Newark raises the specter of gentrification.  As seen in my last post, stores in downtown newark are changing. Furthermore, new development, including affordable housing units, are unaffordable to a large section of the Newark population. As has been seen in cities like New York and San Francisco, this is not an easy problem to solve. There are many potential strategies and perhaps a combination of strategies will prevent Newarkers from being priced out of the city.

While many solutions focus on housing policy, an article by  Ruben Duarte at Plantetizen proposes another strategy; increasing incomes. Duarte states, “Raising the minimum wage, increasing pay overall for most workers (pay in general for workers has not kept with inflation, let alone grown), ensuring equal pay for women, providing an adequate funding for assistance programs, and many other programs that directly address how much money individuals and families bring in will do far more to mitigate the negative effects of gentrification than any onerous development requirement or price control ever will.” Continue reading


Watch the GAP

Watch The GAPThe other night, Cailie and I went to a Brick City Conversations forum at Rutgers Newark on the topic of “The Economic Development of the Tri-State Region: Regional Plan Association’s Fourth Plan.” The forum was very interesting and a great event to attend. The weather however was not so great: a Nor’easter was forming off of the Atlantic Coast. Though the winds here have not been too bad, the cold rain did not make for an enjoyable walk. After a half mile of this, we decided to ditch walking and take a cab. Shortly after getting in the cab, we passed by where Modell’s had recently been located on Market Street between Halsey and Broad. While I had previously noticed that Modell’s was no longer open, I saw a new development: The GAP.

That’s right: The GAP is coming to downtown Newark. Continue reading