Ghetto Black Neigborhoods, Barack Obama

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Opie,Anthony, and Jim Norton Discuss Black Neighborhoods. New York's revival in the late 20th century has led to renewal in Harlem as well. By 1995, Harlem was experiencing social and economic gentrification. Though the percentage of residents who are black peaked in 1950, the area remains predominantly black. After four decades of decline, Harlem's population bottomed out in the 1990 census, at 101026. It had decreased by 57% from its peak of 237468 in 1950. Between 1990 and 2006 the neighborhood's population grew by 16.9% due to an influx of whites and minorities of Hispanic and Asian descent. After years of false starts, Harlem began to see rapid gentrification in the late 1990s. This was driven by changing federal and city policies, including fierce crime-fighting and a concerted effort to develop the retail corridor on 125th Street. Starting in 1994, the Upper Manhattan Empowerment Zone funneled money into new developments. The number of housing units in Harlem increased 14% between 1990 and 2000.The rate of increase has been much more rapid in recent years. Property values in Central Harlem increased nearly 300% during the 1990s, while the rest of the City saw only a 12% increase.Even empty shells of buildings in the neighborhood were, as of 2007, routinely selling for nearly 00000 each. Since completing his second term in the White House in 2001, former US President Bill Clinton has rented office space at 55 West 125th Street as a base of activities.

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