Inwood has remained an affordable part of Manhattan for a remarkably long time, but a rezoning has raised fears among locals that rents will rise. The city rezoned the northern Manhattan neighborhood last August, easing restrictions on buildings to allow for new residential properties that could transform the skyline. Real estate investors have purchased $610 million worth of properties in the neighborhood since plans to rezone were announced in 2013, and longtime tenants are concerned
source https://therealdeal.com/2019/09/27/inwood-braces-for-gentrification/
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