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Conversations about gentrification have evolved, as many in the social-scientific community have questioned the negative connotations associated with the word gentrification.One example is that gentrification can lead to community displacement for lower-income families in gentrifying neighborhoods, as property values and rental costs rise; however, every neighborhood faces unique challenges, and reasons for displacement vary.Schott NYC, or Schott Bros as it is also referred to, is a clothing company originating from New York City.The company started out in 1913 by brothers Irving and Jack.Still owned by the Schott family, this designer label still manufactures much of their clothing in the United States.
This is a common and controversial topic in politics and in urban planning.The word gentrification derives from gentry—which comes from the Old French word genterise, "of gentle birth" (14th century) and "people of gentle birth" (16th century).In England, Landed gentry denoted the social class, consisting of gentlemen.The city's Prenzlauer Berg district is, however, a poster child of the capital's gentrification, as this area in particular has experienced a rapid transformation over the last two decades.
This leads to mixed feelings amidst the local population.German geographers have a more distanced view on gentrification.Actual gentrification is seen as a mere symbolic issue happening in a low amount of places and blocks, the symbolic value and visibility in public discourse being higher than actual migration trends. Gerhard Hard assumes that urban flight is still more important than inner city gentrification.The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities or towns.