Black Prestige: NYC

Friday, April 6, 2018

Is New Jersey becoming the "NEW" New York?

As gentrification invades New York City many people are being forced to relocate. I mean who really wants to pay $2,000 for a one bedroom apartment, living in a building without an elevator? Not me. Keep in mind that $2,000 is the minimum for rent depending on your location. Rent in New York City can go as high as $94,000. But that's for the more luxurious folk. The common middle class family who's accustomed to paying $2,000 for rent have or may experience a 100% increase in their rent. Fortunately and Unfortunately there's a state with the exact first name but is just located over the Hudson River. You guessed it, New Jersey. Unfortunately and fortunately New Yorkers are so loyal to there state that they don't even know what New Jersey is. Even though their beloved team the New York Giants play there. New Jersey is about 15 minutes away by train depending on your destination. New Yorkers rarely leave New York, until now. As property owners and government officials make a push towards making NYC a tourist state they're directly and indirectly pushing their residents out. I mean who wants to pay $4,000 for a one bedroom apartment that was once $1,500? Besides these one bedroom apartments usually have uninvited roommates (roaches and rats), no backyard to enjoy cookouts or relaxation time. But in New Jersey one can easily acquire a whole home paying $2,000 with a backyard less traffic better supermarkets and less people. So I understand why people from New Yorkers are abandoning their homes and discovering New Jersey.

Newark.............to be continued.