And what about all the people who have been living there all along, through the hard times? They provide the ambience in which the trendy newcomers bask:
There are also the allures of the longstanding Latino and African-American culture - sidewalk dominoes games, flamboyant murals, lush vacant-lot gardens and restaurants with fried plantains and mango shakes - that give the neighborhood a populist authenticity that cannot be matched in the more decorous precincts of Manhattan or Brooklyn.But don't hate the young people. They are most attracted to the factory buildings, the lofts, which were "were forsaken with the decline in American manufacturing, and in the 1970's the neighborhood went into a tailspin of arson, foreclosures and rampant crime." Repopulating these spaces makes things better for the traditional residential buildings nearby.
On the other hand, this is the "first wave of gentrification," and the "second wave" is inevitable, right? The South Bronx is a quick subway ride into Manhattan. Won't all sorts of nonadventurous, nonartist types go looking for cheaper rents, especially now that this article is out? The article is the marking point for the beginning of the second wave, I would think.