"Prices are going up and most neighborhoods are improving," he said.
As other neighborhoods have improved in recent decades, one in Brooklyn has, to many, grown worse.
Maybe the people will find work, and the neighborhood will improve.
In Philadelphia, he added, "nothing will work unless we have the neighborhood improve cooperatively."
In other words, there was a danger that the neighborhood would improve.
Construction surrounds his building, so he figures the neighborhood will only improve.
Now that the neighborhood is improving, the two hope to expand their holdings, but not in Los Angeles.
He added that the New Yorker's neighborhood had also improved.
Our neighborhood has improved, yet 20 years ago our apartments were sold by the developer at market rates.
Programs like this have kept rents stable in recent years even as the neighborhood has improved, several real estate brokers said.