Professor Smith will analyze tax arrears data for the Lower East Side area of Manhattan to determine whether they can be used to identify "turning points" at which disinvestment in housing stocks stops and reinvestment commences. Smith hypothesizes that gentrification (reinvestment) diffuses behind a frontier line, and that there may be secondary frontier lines behind the major frontier that represent investment by different kinds of financial institutions. The major objective of this research is to examine the economic processes involved in the gentrification of the Lower East Side from 1975 to 1986. Smith will link processes identified there to the larger context of urban change in North American cities.

Agency
National Science Foundation (NSF)
Institute
Division of Behavioral and Cognitive Sciences (BCS)
Type
Standard Grant (Standard)
Application #
8713043
Program Officer
Bonney Sheahan
Project Start
Project End
Budget Start
1987-08-01
Budget End
1989-01-31
Support Year
Fiscal Year
1987
Total Cost
$34,121
Indirect Cost
Name
Rutgers University
Department
Type
DUNS #
City
New Brunswick
State
NJ
Country
United States
Zip Code
08901