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I used to live in Manhattan Chinatown. Are those places still around? I ask because even Chinatown is becoming increasingly expensive. I think in most of those
by yardie 13y ago
I used to live in Manhattan Chinatown. Are those places still around? I ask because even Chinatown is becoming increasingly expensive. I think in most of those "studios" the landlord has cashed out and sold the property for redevelopment. No way that even 20 poor immigrants can pay the rent of a single Wall street trader. Also the city was cracking down on those slumlords because most of them were rife with code violations.
- mason55 13y agoThere are still a few that I'm aware of but you're right that luxury buildings are going up. 138 E Broadway and 55 Hester being two of the newest examples.
- rdouble 13y agoMost of those places are gone except for the ones that are actually in the back of a shop or a restaurant. Due to the peculiarities of Chinatown real estate, there are now quite a few buildings redone into condos, sold only to other Chinese people (from China? Flushing? not sure) which are purchased but largely remain empty.