Alphabet City

Gentrification

Alphabet City was one of many neighborhoods in New York to experience gentrification in the late 20th and early 21st centuries. Multiple factors resulted in lower crime rates and higher rents in Manhattan in general, and Alphabet City in particular. Avenues A through D became distinctly less bohemian in the 21st century than they had been in earlier decades. In the 1970s, rents were extremely low and the neighborhood was considered one of the least desirable places in Manhattan to live in. However, as early as 1983, the Times reported that because of the influx of artists, many longtime establishments and immigrants were being forced to leave the area due to rising rents. By the following year, young professionals constituted a large portion of the neighborhood's demographics. Even so, crime remained prevalent and there were often drug deals being held openly in Tompkins Square Park.