Market Meltdown Stalls Whitening of Harlem: Gentrifiers Go Bust
A Black Agenda Radio interview with Nellie Hester-Bailey, executive director, Harlem Tenants Council by BAR Executive Editor Glen Ford
Click the flash player to hear or the mic below to download a broadcast quality MP3 of this BA Radio interview
The financial crisis has at least temporarily stalled the ethnic cleansing of Harlem by predatory developers and the investment banksters that back them. However, the gentrifiers’ champion, billionaire Mayor Michael Bloomberg, seeks to win another term in office in order to finish the racial and class makeover of Harlem and other non-white communities. He is abetted by a host of “supine” Black office-holders ever eager to displace their own people.
Federal policies intended to end racial discrimination in housing and encourage Black homeownership actually wound up enabling predatory real estate practices.
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