Page 6 - Pablo Bose News Today : Breaking News, Live Updates & Top Stories | Vimarsana

100 Years After Tulsa Massacre, Black Property Investment Has Never Recovered A century ago, the Greenwood District in Tulsa, Oklahoma, was a mecca for Black entrepreneurs and business people looking to expand their investments, including into residential and commercial real estate. The 40-acre district became known as Black Wall Street, and at this moment 100 years ago, it was close to its peak. Lower Manhattan But on May 31, 1921, a horde of White Oklahomans, angered by the success of the prosperous Black community, tore through the neighborhood, killing at least 75 people and destroying $1.5M in property, equivalent to over $20M in today’s dollars. Despite the loss, the Black community built the neighborhood back up again into the 1940s, when hundreds of Black-owned businesses thrived again. 

United statesNew yorkLamont blackstoneKirk sykesPablo boseLos angelesDaniel carterWhite oklahomansNikitra baileySherri franklinReal estate executive councilEconomic policy instituteGl blackstone associatesLand instituteBrookings instituteUniversity of vermont