Press Release: Hyra, The New Urban Renewal
Most of us probably think we know how urban gentrification works: rich young whites move into poor, non-white areas and gobble up cheap real estate, eventually forcing longtime residents to move to more affordable but distant locales. Since the late 1990s, however, a surprising new pattern has emerged as a handful of poverty-stricken black neighborhoods have evolved into residential hotspots boasting high-income housing, destination dining, designer boutiques, and even bed-and-breakfasts—all while managing to stay black.
No two neighborhoods in the country exemplify this trend better than Harlem in New York City and Bronzeville in Chicago. In this groundbreaking book, Derek S. Hyra—a resident of both of these neighborhoods—moves from the streets to city hall to corporate boardrooms, tracing the web of factors at play in the remarkable revitalization of these two historic enclaves.
Read the press release.