For a number of reasons, Chinatowns have been able to preserve their culture and community. The Chinese don’t move as often, and in cities like New York many live in rent-stabilized residences. Chinatown communities are also self-sustaining and tightly-knit, leading to a kind of neighborhood stability that many other places don’t have.
However, across the country new residents are coming in. In some places this raises concerns of displacing the current Chinese working class, and in others it’s seen as part of neighborhood growth.
While not an iconic Chinatown like in San Francisco, the area has seen growth in the past few decades, spreading out from Chinatown Plaza. The food is a huge draw, and business and tourism are booming. The recently opened Lotus complex features luxury apartments.
Manhattan Chinatown is a close to everything as you can get. Every major subway line goes through it, and it’s right by the Lower East Side and the Financial District. It’s a prime location, and as prices soar everywhere else, they are inevitably coming to Chinatown as well.
Essex Crossing is a huge mix-use development that is changing the face of Lower East Side, and it’s impacting Chinatown as well. Their developments include finished condos and apartments, as well as offices and Market Line, their huge marketplace opening in 2018. Hundreds of Chinese lined up outside the Asian Americans for Equality offices to apply for Essex Crossing’s 104 low-price units.
But Essex Crossing is the exception — most new developments are expensive and have no plan to preserve the cultural fabric of the neighborhoods in which they develop. This could mean the further displacement of Chinese as they are priced out of their historic neighborhood.
Across the East River, Flushing, Queens is another epicenter for Asian populations. The already majority Asian neighborhood is growing, drawing not just Chinese and Koreans from Manhattan, but also new immigrants and wealthy Chinese property investors.
Unlike other Chinatowns across the country, Philadelphia’s is growing in size and Chinese population, nearly doubling from 2000 to 2010. Luxury real estate development is popping up, especially since Philadelphia’s Chinatown is right in the center of everything, drawing business class professionals.
Short term rentals like Airbnb are displacing residents and changing the local culture. Not just the working class are being pushed out, but also young professionals. This June, Boston City Council enacted new rules to reign in short term housing, hoping to put 2,000 apartments back on the market.
Just north of Chinatown in Downtown Crossing is Boston’s third tallest building, Millenium Tower, which is also home to some of the city’s most expensive luxury apartments.
Despite the changes, Chinatowns all around the country remain vibrant neighborhoods, filled with culture and tradition.