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Less than one in fifteen residents (6%) were unemployed, compared to 9% in the rest of both Brooklyn and New York City. Rent burden, or the percentage of residents who have difficulty paying their rent, is 48% in Greenpoint and Williamsburg, slightly lower than the citywide and boroughwide rates of 52% and 51%, respectively.
Brooklyn is a borough of New York City located at the westernmost end of Long Island in the State of New York.Formerly an independent city, the borough is coextensive with Kings County, one of twelve original counties established under British rule in 1683 in the then Province of New York.
The owner was ordered to pay $6.75 million to artists as compensation. [94] In 2021, a pair of connected rental towers dubbed 5Pointz [ 95 ] opened. Culture Lab LIC, operating out of The Plaxall Gallery, is a new nonprofit organization dedicated to supporting the development of visual art, theater, music, and art of all disciplines in Western ...
Crime rates in New York City have been recorded since at least the 1800s. [1] The highest crime totals were recorded in the late 1980s and early 1990s as the crack epidemic surged, [2] [3] and then declined continuously from around 1990 throughout the 2000s. [4]
FHA-HUD policy guaranteed that pay lenders would be compensated in full for the mortgage of foreclosed homes and by creating a housing market dominated by mortgage bankers, the FHA incentivized mortgage bankers to drive desperate black families to low-income homeownership, allowing bankers to inflate their economic gains by cycling these black ...