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WHEN Emily Cook, a screenwriter, bought a house four years ago in Eagle Rock, a neighborhood on the Northeast side of Los Angeles, she fantasized what the area might look like in a year or two, with cafes and boutiques replacing tattered old businesses. “It was like fantasy football,” said Ms. Cook, 38, who also sings in a band named Fonda. A sad flower shop on the corner, she thought, could become a miniature Whole Foods. An upholstery store could be a gastropub where she and friends would grab a beer, and a neglected 1940s diner could become a retro spot for a quick meal. But Ms. Cook has stopped fantasizing about what might be, and started worrying about what might shut down. The flower store has closed; no gourmet market is moving in. Lucy Finch, a vintage boutique, folded last month. That Yarn Store, a hangout for crochet-heads, didn’t survive a bad winter.

Bohemian Sprawl Hits the Limits in Los Angeles - NYTimes.com

I think we’ll see this in parts of NY, and pretty much everywhere. I think it’s kind of sad, actually. I like gentrified, bohemian stuff.