The Post breaks the news today that, yawn, Red Hook is no longer a barren, industrial wasteland. Buried in such earth-shattering headlines, though, are some real estate factoids which, while not big news, are worth taking a quick look at:

Property is going for between $600 and $700 per square foot, brokers say. Condos range anywhere from $550,000 to $850,000; houses are $850,000 to $1.5 million. This is a huge jump from the $450 to $550 per-square-foot prices two years ago.

The story’s star though has to be Red Hook native Gino Vitali, 32, who’s been riding the Red Hook real estate boom since he was old enough to drink: “I’ve been buying [property] here since I was 21,” he says. “I bought my first building for $70,000; it was a corner building, four-family. I sold it for $1.8 million eight months ago.”
Welcome [NY Post]