SUBSCRIBERS

When gentrification knocks on the wrong door

Published Mon, Sep 4, 2017 · 09:50 PM
Share this article.

New York

MONXO Lopez is a popular man. He wishes he was not.

Total strangers hound him, calling, writing and knocking on his door, all with the same question: Does he want to sell his red brick row house nestled on a historic South Bronx block in Mott Haven? When he complained to a friend who worked in real estate, the friend replied: "You know, you can get a million and a half."

Given t…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here