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Thursday, July 24, 2008
6:33:39 PM
 
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Gentrification dooms Harlem landmarks

Like the change of seasons, Harlemites say the cultural fabric of the village is changing too: more fight, more white ... gentrification in full effect. And with that change, as previously reported by the New York Amsterdam News, many longtime residents are losing their homes to new luxury condominiums beyond their reach.

 
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They helped build it
“What they are doing is adverse possession [a process by which title to another’s real property is acquired without compensation],” said activist Julius Tajiddin, referring to the rapid and relentless gentrification of Black-owned businesses.
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People On The Move
Karl B. Brockenbrough
Karl B. Brockenbrough has been named vice president...
 
Donna Parker
Donna Parker has been appointed associate dean of liberal arts...
 
Steven L. Sanders
Steven L. Sanders, chairman and CEO of First Genesis Financial Group...
 
Go ahead, post that dumb video online — it could land you some work
LOS ANGELES — Voice-over work in Indiana wasn’t too lucrative, so Daniel Geduld made a classic actor’s move: He headed for Los Angeles. And like most Hollywood dreamers, Geduld did not get hired for much.
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Inflation concerns continued to dominate discussions
WASHINGTON — Continuing concerns about inflation in the United States underpin the Federal Reserve’s stand against changes in interest rates. That line of thinking prevailed as the policymakers decided to hold the rates steady last month despite a competing concern that the housing slump might short-circuit the economic expansion.
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