Newsflash: Bushwick is hot, hot hot!

“Next-neighborhood development has now reached a pivotal juncture in Bushwick. The area still won’t be mistaken for the Upper West Side or even Williamsburg. There is no giant luxury supermarket; there are no dry cleaners in the warehouse district, and not many anyplace else. Crime is still bad, or really bad (the rates of violent crime are still among the highest in the city) — last year, the local precinct reported 15 murders, 40 rapes, 467 robberies and 399 felonious assaults. And while there may not be as many cars burning in the warehouse district as there used to be, the streets still feel desolate. But Bushwick is now definitely in the next stage. In May 2004, the neighborhood got its first video store-cafe, the Archive. Northeast Kingdom, the latest artist-affiliated restaurant, opened in October 2005, started by two Vermont natives currently living in Williamsburg proper. In the past year, luxury condos started showing up for $400,000. And there is even a festival — a festival that uses an acronym, acronyms seeming to be the linchpin of the real-estate business.”

Last we checked, Bushwick was ahead in the NYT poll for “next cool neighborhood” through Bed Stuy was running a close second.
Have You Heard About Bushwick [NY Times]