Title: The domino effect /
Authors: Sperry, Megan,; Phelps, Daniel,; Paul, Brian,; Domino Effect Movie, LLC,
Year: 2013
Subjects: Documentary films New York (State) New York.; Real estate development New York (State) New York.; Land use, Urban New York (State) New York.; Gentrification New York (State) New York.; Documentary films; Gentrification; Land use, Urban; Real estate development; Brooklyn (New York, N.Y.) History; New York (State) New York; New York (State) New York Brooklyn.
Abstract: "The Domino Effect is a feature length documentary film that explores the process of real estate development in New York City and digs deep to uncover the complex networks of banks, developers, politicians, and non-profit organization that shape our cities. During the last decade, the communities of Williamsburg and Greenpoint in North Brooklyn have experienced the negative impacts of excessive luxury development and gentrification more than any other neighborhoods in New York. In the last ten years, average rents have doubled, over 10,000 industrial jobs have been lost, and more than 40 % of the Latino population has been displaced. Many of the artists and workers in the creative industries who made the community a hip and popular destination in the 1990's have also been pushed out. Despite the widely recognized negative impacts, development continues to proceed on the same models--high rise towers that pair thousands of luxury condos with small percentages of "affordable housing" aimed at incomes far above what the average Williamsburg resident can actually afford, with the developers receiving tens of millions of dollars of public money for the service."--TheDominoEffectMovie.com website.