New York’s Chinatown residents feeling the squeeze as population shrinks and land values rise

With its population shrinking and its property values rising, New York’s Chinatown is under siege, according to an exhaustive report released Friday.”Gentrification threatens to transform these previously neglected neighborhoods into tourist centers and destroy places were Asian immigrants have lived and worked for decades,” said Bethany Li, staff attorney with The Asian American Legal Defense and Education Fund, which authored the report.” [Crain’s NY, 6/21]

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