Summary of Projec#4

Fulton Street is named after a successful business man, Robert Fulton, who own a monopoly steam ferries business. And two streets linked with the ferries are called Fulton Street. Although the monopoly business did not exist now, the monopolistic businesses still continued on the Brooklyn Fulton. From the past century, there are plenty of retail stores along Fulton Street; it is a successful economic model to the local African Americans. However, Fulton Street recently moves to the next step. Because of its fantastic transportation, attracting thousands of visitors a day, Fulton is no longer a market place for local retailer, but also a mix market with both national chain stores and local retail stores. The joining of national stores attracts more visitors to Fulton mall, and also the fresh, new renovation make Fulton more international. On the other side, because of the national stores are too powerful and rich, many poor local stores are defeated by the high rent, and out of the market. Some people worried about the change of Fulton Street, but according a survey by Vicki Weiner, deputy director of the Pratt Center for Community Development, the construction of Fulton still function like traditional market place where people socialize as they shop.