Real Estate

Chinatowns confront rapid luxury development


Just a few hundred people of Chinese heritage still live in Washington, D.C.’s Chinatown. Many have been pushed out to cheaper and safer areas.

Noah Sheidlower | CNBC

Penny and Jack Lee, now married, grew up in the 1960s and 1970s among the thousands of people of Chinese heritage who lived in apartments lining the main stretches of Washington, D.C.’s bustling Chinatown.

“Chinatown was very bright, vibrant,” Jack Lee recalled. “All of our recreations ended up being in the alleys of Chinatown.” They felt it was a safe haven, he said.

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