Welcome to Gentrification City [Los Angeles]

Welcome to Gentrification City [Los Angeles]

Teardowns. Evictions. Investment. Rebirth. And the significance of that new gelato stand. The perils and pleasures of gentrification

Paul Giannotti couldn’t wait another day to embrace the big city. Bored in his placid corner of the San Fernando Valley, he had been searching for a shorter commute, an apartment with charm and a much larger selection of restaurants. So he and his girlfriend, Dianne Marti, uprooted themselves from their three-bedroom ranch house in Granada Hills and headed for Koreatown, where they found a three-story walkup with two bathrooms and a balcony.