Within their study, they classify two types of signs: Old School Vernacular and Distinction-making signage. Old School Vernacular is classified as an inclusive social sign that demonstrates the economy before gentrification within New York and it also provides as an outlook on capitals without any distinction. On the other hand, Distinction-making signs specifically excludes certain social standings within the area. Both signs are located within the Brooklyn area as it is being gentrified significantly. (Trinch and Snajdr, …show more content…
Developers are taking down houses in the center of the community, where the zoning permits higher-density construction and where the houses were built on 5,000 square foot and 7,500 square foot properties, roughly a century ago. (Shaman, 2002) The affordability of the land leads to profits, but who are the individuals who are actually making the profits? The same position of powers correlate with Alex Marshall’s article, those who work in Manhattan are the ones living in college point by rent, while those who buy the property and profit are the actual employers and real estate agents who have seen large quantities of money in their income. “A builder will buy an older house on a 50-foot by 100-foot lot for $250,000 in an area that permits two-family construction and then build two attached two-families selling for $450,000 to $500,000 each” (Shaman, 2002) Those who aren't able to afford the house end up actually renting the house from 1.4 grand to more luxurious locations such as, Edgewater Estates, that reach around 2.4 grand. Houses have increased their value and the population has increased as well. The town of College Point does possess a higher median of average income, but the individuals who currently reside are still within the category of “working-middle class”