The danger of “green gentrification”

The waters of the Gowanus Canal in Brooklyn, New York, still do not smell good, although the problem was once much worse. They carry the remnants of years of industrial pollution and untreated sewage.

The area, which in the 19th and 20th centuries was primarily industrial, has undergone revitalization in recent years through federal investment (see here). New green spaces were created, and service-oriented businesses moved into the neighborhood. Residential property prices also rose, ultimately displacing long-time residents.