Heard on the Street: the value of a neighborhood, Buffalo’s brain drain, and rebuilding a Chicago community with cookies

Heard on the Street – here’s what we were reading last week:

Why Black Neighborhoods Are Valued Less Than Other Neighborhoods: Because so much of household wealth in the United States is tied up in the housing market, the stories we tell (or don’t tell) that shape our perceptions of where we want to live and among whom we want to live, end up having a dramatic and ongoing effect on race-based wealth inequality.

Buffalo’s renaissance leaves college graduates wondering – Go…or stay?: A growing number of new Buffalo college grads appear to be staying in the area, colleges say, hinting at a distant end to the “brain drain” that has plagued Buffalo for generations.

How Heart (and Cookies) Rebuilt a Chicago Community: One new business, ‘Laine’s Bank Shop, represents some of the restoration that is occurring in the once-troubled Chicago neighborhood of Pullman Park.

New York’s Small Businesses See a Glimmer of Hope Against Rising Rents: A recent hearing on the NYC’s Small Business Jobs Survival Act signals change for action to bring relief to small businesses across the City.