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	<title>Sunset Park Chronicled &#187; recession</title>
	<atom:link href="http://www.sunsetparkchron.com/category/economy/recession/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.sunsetparkchron.com</link>
	<description>News and Notes on Sunset Park, Brooklyn</description>
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		<title>Condos in New York&#8211;The Good, the Bad and the Ever-Shifting Market</title>
		<link>http://www.sunsetparkchron.com/2010/01/30/condos-in-new-york-the-good-the-bad-and-the-ever-shifting-market/</link>
		<comments>http://www.sunsetparkchron.com/2010/01/30/condos-in-new-york-the-good-the-bad-and-the-ever-shifting-market/#comments</comments>
		<pubDate>Sat, 30 Jan 2010 19:26:06 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[In the News]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[21123]]></category>
		<category><![CDATA[condos]]></category>
		<category><![CDATA[construction]]></category>
		<category><![CDATA[greenwood heights]]></category>
		<category><![CDATA[new york times]]></category>
		<category><![CDATA[real estate]]></category>
		<category><![CDATA[South Brooklyn]]></category>
		<category><![CDATA[sunset park]]></category>

		<guid isPermaLink="false">http://www.sunsetparkchron.com/?p=1441</guid>
		<description><![CDATA[Finished, refurbished or just breaking ground, you can spot condominiums of all shapes and sizes around Sunset Park.
New buyers are moving in, a trend welcome or unhappy depending on who you ask. Either way, the phenomenon has come to South Brooklyn. An article in the real estate section of today&#8217;s New York Times gives a [...]]]></description>
			<content:encoded><![CDATA[<p>Finished, refurbished or just breaking ground, you can spot condominiums of all shapes and sizes around Sunset Park.</p>
<p>New buyers are moving in, a trend welcome or unhappy depending on who you ask. Either way, the phenomenon has come to South Brooklyn. <a href="http://www.nytimes.com/2010/01/31/realestate/31cov.html?pagewanted=1">An article in the real estate section</a> of today&#8217;s New York Times gives a comprehensive view of condo-buying. Though meant for those on the market, it offers insight for others simply looking for an explanation about the trend, as well as the pros, cons and state of the market in a city where price-per-square foot has proven as riveting as the cost of oil.</p>
<p>Interested in the shifting market closer to home? Check out <a href="http://www.sunsetparkchron.com/?p=1135">this article</a> on issues of affordable housing in Sunset Park.</p>
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		<title>The Center For Family Life Offers Training and Opporunity for a New Career</title>
		<link>http://www.sunsetparkchron.com/2010/01/18/the-center-for-family-life-wants-you-to-go-to-beauty-school/</link>
		<comments>http://www.sunsetparkchron.com/2010/01/18/the-center-for-family-life-wants-you-to-go-to-beauty-school/#comments</comments>
		<pubDate>Mon, 18 Jan 2010 01:45:51 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Events]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[4th Avenue]]></category>
		<category><![CDATA[brooklyn]]></category>
		<category><![CDATA[center for family life]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[jobs]]></category>
		<category><![CDATA[school]]></category>
		<category><![CDATA[sunset park]]></category>
		<category><![CDATA[the cosmetology school project]]></category>
		<category><![CDATA[unemployment]]></category>
		<category><![CDATA[work]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=1178</guid>
		<description><![CDATA[Sunset Park-based non-profit the Center for Family Life has a new initiative called The Cosmetology School Project. Targeted at low-income individuals, the program hopes to provide a path to full-time employment for New Yorkers currently un- or underemployed.
Training will begin at one of two four-week training sessions, the first in February and another in April. [...]]]></description>
			<content:encoded><![CDATA[<p>Sunset Park-based non-profit the <a href="www.cflsp.org/ ">Center for Family Life</a> has a new initiative called <a href="http://cflspark.wordpress.com/2010/01/08/cosmetology-project-offers-once-in-a-lifetime-career-opportunity/">The Cosmetology School Project</a>. Targeted at low-income individuals, the program hopes to provide a path to full-time employment for New Yorkers currently un- or underemployed.</p>
<p>Training will begin at one of two four-week training sessions, the first in February and another in April. Participants then enroll in an eight month cosmetology program. Applicants must be 17 or older, and hold a high school diploma, GED or demonstrate math and reading skills at an 8th grade level.</p>
<p>The program is completely free of charge. To find out more, you may visit the <a href="http://cflspark.wordpress.com/2010/01/08/cosmetology-project-offers-once-in-a-lifetime-career-opportunity/">website</a> or call 718-633-4823.</p>
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		<title>The New York Times Tells the Story of Sunset Park Native Jocelyn Morales</title>
		<link>http://www.sunsetparkchron.com/2009/11/18/the-new-york-times-tells-the-story-of-sunset-park-native-jocelyn-morales/</link>
		<comments>http://www.sunsetparkchron.com/2009/11/18/the-new-york-times-tells-the-story-of-sunset-park-native-jocelyn-morales/#comments</comments>
		<pubDate>Wed, 18 Nov 2009 15:08:10 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[seen and heard]]></category>
		<category><![CDATA[americare]]></category>
		<category><![CDATA[brooklyn]]></category>
		<category><![CDATA[mill basin]]></category>
		<category><![CDATA[morales]]></category>
		<category><![CDATA[neediest cases]]></category>
		<category><![CDATA[new york times]]></category>
		<category><![CDATA[sunset park]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=741</guid>
		<description><![CDATA[The story of Sunset Park resident Jocelyn Morales, who received $317 to buy clothing for work, appeared in the New York Times Neediest Cases series.]]></description>
			<content:encoded><![CDATA[<p>Senior year leaves its mark on any high school student. For Jocelyn Morales, it was life-changing. It was the year she had her son Angel.</p>
<p>Morales hadn&#8217;t planned to get pregnant, but wasn&#8217;t willing to get the abortion Angel&#8217;s father suggested. “I had a choice,” she told the New York Times, “and I chose to be a parent.”</p>
<p><span id="more-741"></span></p>
<p>The 21-year-old Sunset Park native appeared today in the New York Times&#8217; <a href="http://topics.nytimes.com/top/news/newyorkandregion/neediestcases/index.html">Neediest Cases series</a>. The newspaper has for nearly 100 years published stories of those in need to encourage donations to local agencies. The <a href="http://www.nytimes.com/ref/giving/neediesthistory.html">Neediest Cases Fund</a> has raised $244 million for struggling New Yorkers since it began the series in December 1912.</p>
<p>For Morales, help came in a $317 grant. She used the money to buy a professional wardrobe for her job at Americare, a home health service agency.</p>
<p>She puts on those clothes each morning before she kisses her son goodbye and begins her 1.5 hour commute to work in Mill Basin, Brooklyn. The $1,532 she nets each month just covers the bills, with a little extra to buy basketballs, baseballs and soccer-balls for 2 1/2-year-old Angel.</p>
<p>“Everything he has is because of me, because I did it for him,” she said.</p>
<p>Read more of Jocelyn Morales&#8217; story <a href="http://www.nytimes.com/2009/11/18/nyregion/18neediest.html">here</a>.</p>
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		<title>Voices from the Recession: Restaurant Owner in Flushing</title>
		<link>http://www.sunsetparkchron.com/2009/11/17/voices-from-the-recession-restaurant-owner-in-flushing/</link>
		<comments>http://www.sunsetparkchron.com/2009/11/17/voices-from-the-recession-restaurant-owner-in-flushing/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 12:54:34 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[seen and heard]]></category>
		<category><![CDATA[flushing]]></category>
		<category><![CDATA[heath]]></category>
		<category><![CDATA[medicine]]></category>
		<category><![CDATA[WNYC]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=696</guid>
		<description><![CDATA[This is a little off the Sunset Park track, but with Obama in China and Flushing only a &#8220;dollar van&#8221; ride away I thought I&#8217;d pass this along:

As part of the radio station&#8217;s &#8220;Main Street&#8221; series, WNYC&#8217;s Richard Yeh spoke with one business owner in Flushing. A recent study said eaters look to spend 20 [...]]]></description>
			<content:encoded><![CDATA[<p>This is a little off the Sunset Park track, but with Obama in China and Flushing only a <a href="http://sunsetpark.wordpress.com/2009/10/15/commuter-vans-face-off-in-sunset-park/">&#8220;dollar van&#8221;</a> ride away I thought I&#8217;d pass this along:</p>
<p><span id="more-696"></span></p>
<p>As part of the radio station&#8217;s &#8220;Main Street&#8221; series, WNYC&#8217;s <a href="http://www.wnyc.org/news/articles/144281">Richard Yeh spoke with one business owner in Flushing</a>. A recent study said eaters look to spend <a href="http://blogs.tampabay.com/dining/2009/11/new-study-says-consumers-anticipate-spending-less-on-restaurant-meals.html">20 percent less on meals these days</a>, and that has showed at the tables of <a href="http://www.yelp.com/biz/ice-fire-land-flushing">Ice Fire Land</a>, a hot-pot restaurant in Flushing. But the restaurateur also owns a few herbal/traditional medicine shop in the area. He told Yeh that more sick people and less health care have kept business steady there. Many come in to buy vitamins and fish oil to send back to China, he said.</p>
<p><a href="http://www.wnyc.org/news/articles/144281">Hear the full story</a> at WNYC.</p>
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		<title>The Mapping Project: Breakfast, Lunch and Dinner</title>
		<link>http://www.sunsetparkchron.com/2009/11/16/the-mapping-project-breakfast-lunch-and-dinner/</link>
		<comments>http://www.sunsetparkchron.com/2009/11/16/the-mapping-project-breakfast-lunch-and-dinner/#comments</comments>
		<pubDate>Mon, 16 Nov 2009 20:16:16 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[brooklyn]]></category>
		<category><![CDATA[don paco]]></category>
		<category><![CDATA[gran via]]></category>
		<category><![CDATA[johnny's pizzaria]]></category>
		<category><![CDATA[noodles]]></category>
		<category><![CDATA[pizza by the park]]></category>
		<category><![CDATA[prosperity dumpling]]></category>
		<category><![CDATA[restaurants]]></category>
		<category><![CDATA[ricos tacos]]></category>
		<category><![CDATA[sunset park]]></category>
		<category><![CDATA[tacos]]></category>
		<category><![CDATA[tacos matamoros]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=700</guid>
		<description><![CDATA[View Cheap Eats in Sunset Park in a larger map
Thanks to readers for the recommendations on popular spots to grab a bite in the neighborhood. Click map above or here to find favorite places to eat tacos, have a slice, grab a sweet treat for breakfast and slurp hot noodle soup. Have we missed any [...]]]></description>
			<content:encoded><![CDATA[<p><iframe width="475" height="475" frameborder="0" scrolling="no" marginheight="0" marginwidth="0" src="http://maps.google.com/maps/ms?ie=UTF8&amp;hl=en&amp;source=embed&amp;msa=0&amp;msid=114035008735084384425.00047881f3e4db2c99841&amp;ll=40.646244,-74.007567&amp;spn=0.014816,0.015706&amp;output=embed"></iframe><br /><small>View <a href="http://maps.google.com/maps/ms?ie=UTF8&amp;hl=en&amp;source=embed&amp;msa=0&amp;msid=114035008735084384425.00047881f3e4db2c99841&amp;ll=40.646244,-74.007567&amp;spn=0.014816,0.015706" style="color:#0000FF;text-align:left">Cheap Eats in Sunset Park</a> in a larger map</small></p>
<p>Thanks to readers for the recommendations on popular spots to grab a bite in the neighborhood. Click map above or <a href="http://maps.google.com/maps?oe=utf-8&amp;rls=org.mozilla:en-US:official&amp;client=firefox-a&amp;um=1&amp;ie=UTF-8&amp;q=eclipse+sunset+park&amp;fb=1&amp;gl=us&amp;hq=eclipse+sunset+park&amp;hnear=New+York,+NY&amp;cid=0,0,12695514970200953329&amp;ei=36YBS9-IFMKYlAfWse2aCw&amp;sa=X&amp;oi=local_result&amp;ct=image&amp;resnum=1&amp;ved=0CAgQnwIwAA">here</a> to find favorite places to eat tacos, have a slice, grab a sweet treat for breakfast and slurp hot noodle soup. Have we missed any of your favorites? Leave a comment and I&#8217;ll add it to the map.</p>
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		<item>
		<title>Gentrification or Just Good Taste? Measuring Change One Taco at a Time</title>
		<link>http://www.sunsetparkchron.com/2009/11/14/gentrification-or-just-good-taste-measuring-change-one-taco-at-a-time/</link>
		<comments>http://www.sunsetparkchron.com/2009/11/14/gentrification-or-just-good-taste-measuring-change-one-taco-at-a-time/#comments</comments>
		<pubDate>Sat, 14 Nov 2009 18:24:45 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[development]]></category>
		<category><![CDATA[food]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[where to find]]></category>
		<category><![CDATA[5th ave]]></category>
		<category><![CDATA[8th Ave]]></category>
		<category><![CDATA[Brian Leher]]></category>
		<category><![CDATA[brooklyn eagle]]></category>
		<category><![CDATA[eating]]></category>
		<category><![CDATA[gentrification]]></category>
		<category><![CDATA[new york times]]></category>
		<category><![CDATA[noodles]]></category>
		<category><![CDATA[Nostrand Park]]></category>
		<category><![CDATA[sunset park]]></category>
		<category><![CDATA[tacos]]></category>
		<category><![CDATA[village voice]]></category>
		<category><![CDATA[WNYC]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=680</guid>
		<description><![CDATA[When people want to track a societal shift, they turn to statistics. But signs of the times also come in less quantifiable bites.

The Brian Lehrer show on WNYC has since the recession began asked readers to write in their stories for it&#8217;s &#8220;Uncommon Economic Indicators&#8221; series. One listener wrote to tell of the skaters who [...]]]></description>
			<content:encoded><![CDATA[<p>When people want to track a societal shift, they turn to statistics. But signs of the times also come in less quantifiable bites.</p>
<p><span id="more-680"></span></p>
<p>The <a href="http://www.wnyc.org/shows/bl/">Brian Lehrer</a> show on WNYC has since the recession began asked readers to write in their stories for it&#8217;s <a href="http://www.wnyc.org/shows/bl/economic_indicators/">&#8220;Uncommon Economic Indicators&#8221;</a> series. One listener wrote to tell of the skaters who have settled in by the planters outside the glassy, under-occupied <a href="http://www.nytimes.com/2009/09/27/nyregion/27meier.html">Richard Meier building </a>by Grand Army Plaza. A few noted consumers pass around more rare joins these days, a sign that people have cracked open piggy banks to make ends meet.</p>
<p><a href="http://www.nostrandpark.com/">Nostrand Park</a> picked up the Lehrer show&#8217;s idea, with a twist. A recent post on the Crown Heights blog has <a href="http://www.nostrandpark.com/home/2009/11/3/uncommon-gentrification-indicators.html">&#8220;uncommon gentrification indicators&#8221;</a>&#8211;a demographic shift measured in coffee shops, local blogs and affordable housing forums.</p>
<p>In Sunset Park, the recession has coincided with a <a href="http://sunsetpark.wordpress.com/2009/10/01/city-council-passes-sunset-park-rezoning-plan/">neighborhood rezoning</a>, the <a href="http://sunsetpark.wordpress.com/2009/10/12/duane-reade-settles-in-sunset-park/">opening of a Duane Reade</a>, an <a href="http://sunsetpark.wordpress.com/2009/10/25/police-in-sunset-park-strive-for-gang-awareness-and-confront-roadblocks/">uptick in murders</a>, a <a href="http://sunsetpark.wordpress.com/2009/10/23/voices-from-the-recession-joseph-vieni/">downslide in pizza sales</a> and, recently, headlines touting the local fare. <a href="http://www.nytimes.com/2009/10/21/dining/reviews/21under.html">The New York Times</a>, the <a href="http://www.brooklyneagle.com/categories/category.php?category_id=19&amp;id=31916">Brooklyn Eagle</a>, <a href="http://www.huffingtonpost.com/the-mta-dining-car/eating-club-dmnr-to-36th_b_313972.html">the Huffington Post </a>and <a href="http://www.villagevoice.com/2009-04-15/restaurants/pambazos-and-pozole-at-sunset-park-s-xochimilco/">the Village Voice</a> have all in recent months guided hungry New Yorkers to Sunset Park.</p>
<p>What do you think? Is it the recession, gentrification or just long overdue recognition that if you want tender, chewy hand-pulled noodles or melt-in-your-mouth pork tacos, Sunset Park is where it&#8217;s at?</p>
<p>Where do you go to get your bellyfull? Leave a comment. I&#8217;ll make a map.</p>
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		<title>Wary Investors Go for Gold, But Sunset Park Isn&#039;t Buying It</title>
		<link>http://www.sunsetparkchron.com/2009/11/12/wary-investors-go-for-gold-but-sunset-park-isnt-buying-it/</link>
		<comments>http://www.sunsetparkchron.com/2009/11/12/wary-investors-go-for-gold-but-sunset-park-isnt-buying-it/#comments</comments>
		<pubDate>Thu, 12 Nov 2009 02:33:33 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[5th Avenue]]></category>
		<category><![CDATA[gold]]></category>
		<category><![CDATA[Martha Jewelry Inc]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=657</guid>
		<description><![CDATA[Want to put a finger on the pulse of the economy? Look to the price of gold.
The metal hit a new high of $1119 per ounce on Wednesday as wary investors ran to sink their savings into a stock even their grandmothers could love. Gold often becomes a hot commodity when confidence in the market [...]]]></description>
			<content:encoded><![CDATA[<p>Want to put a finger on the pulse of the economy? Look to the price of gold.</p>
<p>The metal <a href="http://www.google.com/hostednews/ap/article/ALeqM5j32aVIrUcJg_W5lH7Nn5eVX23blwD9BTJ9D81">hit a new high of $1119 per ounce</a> on Wednesday as wary investors ran to sink their savings into a stock even their grandmothers could love. Gold often becomes a hot commodity when confidence in the market thins, and while the dollar has fallen, the price of gold has risen 26 percent since last November.</p>
<p>In Sunset Park, however, it&#8217;s the dip in gold purchases that tells of tough times.</p>
<p><span id="more-657"></span></p>
<p>Customers buy “just for what they need” said Gus Guzman, the owner of <a href="http://yp.blogflux.com/directory/us/new-york/brooklyn/martha-jewelry-inc-4915-5th-ave/">Martha Jewelry Inc.</a> on Fifth Avenue. “They buy for confirmations, baptisms, not for themselves.”</p>
<p>Sunset Park has many Latino residents who gift the traditional gold jewelry at communions and <em><em>quinceañera</em>s</em>, the coming of age ceremony for 15-year-old girls. Families stretch for special occasions, but no longer buy the extras that once kept Guzman&#8217;s business swift.</p>
<p>Guzman said business is down by at least a quarter. Other jewelery shops along the Avenue site losses of up to 60 percent. Nearly everyone says it in October 2008&#8211;&#8221;right after <a href="http://www.youtube.com/watch?v=gNUILhofHNA">Lehman Brothers</a>,&#8221; said Guzman. The infamous investment bank collapsed on September 15 of last year.</p>
<p>The economic slump has hit New York City&#8217;s Latinos particularly hard. In a study by the <a href="http://www.cssny.org/">Community Service Society</a>, four in ten low-income Latinos had either lost their jobs or had their hours, tips or wages cut this year. Seventy percent had savings of less than $500.</p>
<p>With unexpected bills and less money coming in, some are taking up the offer advertised in the window of nearly every jewelry shop on 5th Avenue&#8211;&#8221;WE BUY GOLD.&#8221; The stores hope that by picking up pieces in the neighborhood they will make it through the slump.</p>
<p>On a recent afternoon, Guzman waited to the side while a couple lingered over a small gold crucifix, debating in Spanish whether to make the purchase. The doorbell chimed, and he buzzed a customer through the security door.</p>
<p>She greeted Guzman by name, handed over a gold ring, and asked &#8220;How much can I get for this?&#8221;</p>
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		<title>Voices from the Recession: Joseph Vieni</title>
		<link>http://www.sunsetparkchron.com/2009/10/23/voices-from-the-recession-joseph-vieni/</link>
		<comments>http://www.sunsetparkchron.com/2009/10/23/voices-from-the-recession-joseph-vieni/#comments</comments>
		<pubDate>Fri, 23 Oct 2009 13:54:40 +0000</pubDate>
		<dc:creator>lisa.riordanseville</dc:creator>
				<category><![CDATA[Economy]]></category>
		<category><![CDATA[recession]]></category>
		<category><![CDATA[brooklyn]]></category>
		<category><![CDATA[pizzeria]]></category>
		<category><![CDATA[sunset park]]></category>

		<guid isPermaLink="false">http://sunsetpark.wordpress.com/?p=380</guid>
		<description><![CDATA[[vimeo 7218052]
On August 12th of this year, Charlie&#8217;s Pizzeria celebrated 45 years in Sunset Park. Owner Joseph Vieni, who inherited the shop from his father, says it&#8217;s the worst year he&#8217;s ever had.
Joseph Vieni&#8217;s is one voice from the recession.
]]></description>
			<content:encoded><![CDATA[<p>[vimeo 7218052]</p>
<p>On August 12th of this year, <a href="http://www.chow.com/restaurants/81205/charlies-pizzeria">Charlie&#8217;s Pizzeria</a> celebrated 45 years in Sunset Park. Owner Joseph Vieni, who inherited the shop from his father, says it&#8217;s the worst year he&#8217;s ever had.</p>
<p>Joseph Vieni&#8217;s is one voice from the recession.</p>
]]></content:encoded>
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