Freddy Castiblanco faces a critical moment with his bar, Terraza 7, which has served as a cultural hub for Latin American and Hispanic communities in New York since 2002. Despite its importance, an unsustainable rent increase from $7,500 to $12,000 threatens its existence. Castiblanco emphasizes that bars should only pay a fraction of that amount based on sales. Terraza 7 showcases various musical genres reflective of the diverse immigrant populations, serving as a vital space necessary for appreciation and cultural exchange among communities that have historically been isolated.
"In the current crisis impacting migrant populations, excessive rent increases prevent venues like Terraza 7 from sustaining their communal and cultural contributions to New York."
"Freddy Castiblanco's vision for Terraza was to create a space where appreciation for artistic and cultural diversity from Latin America and beyond could flourish."
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