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New York Magazine pops The Times’ bubble about the real demographic reality of Williamsburg. Despite the fact that its most visible residents make easy targets with their skinny jeans and facial hair, Williamsburg is in fact no hotbed of trustfunddom. In fact, Williamsburg’s residents are by and large in worse financial shape than most New Yorkers. In 2005, for example, almost half of those living within the bounds of Community Board 1 were getting some kind of social assistance and the area’s median income is almost 20 less than the city as a whole; less than 3 percent of households were bringing in over $200,000 a year. Concludes the New York article, “The reality of Williamsburg, beyond the mythical trust-funders, is that it is a community of people mostly struggling to get by, with a few wealthy residents grabbing headlines — the way New York has always been.”
Beyond Hipsters: Williamsburg’s Tough Economic Realities [New York]
Parental Lifelines, Frayed to Breaking [NY Times]
Dose of Reality for Trust Fund Kids [Brownstoner]
Photo by Eric Graham


What's Your Take? Leave a Comment

  1. “P.S. I was at Hotel Delmano on Saturday.”

    Delmano still good? Haven’t been there in a while.

    11217 – FYI as it seems you like cocktails, and I recall from a previous convo you like whiskey – there’s a fairly new cocktail joint on the corners of Richardson, Graham and Meeker that specializes in whiskey cocktails (The Richardson) Much more laid back then Delmano and drinks are only 8 bucks. Might be a good evening if you hit Motorino or that new mexican place on Graham and Conselyea beforehand 😉

  2. Wine Lover:

    It’s amazing that you continue to post here after your racist comments, but it’s a free country. That takes some balls.

    Your shilling for your neighborhood even makes ME sick. Which is saying something.

    P.S. I was at Hotel Delmano on Saturday.

  3. “Brownstoner – your headline is TOTALLY misleading….the NY Magazine article says nothing about the wealth of Williamsburg “hipsters” (if that has any meaning) – it simply talks about the relative poverty of residents within CB1 – which includes many people (a large majority) who are clearly NOT hipsters (Satamars for one). It is possible that every “hipster” in Williamsburg is the spawn of a billionaire – that is simply not addressed.”

    I agree. The article is totally misrepresented. There are a lot of poor people in Williamsburg and Greepoint, and the vast majority of them are not hipsters. I doubt the soup kitchens mentioned in the NY Mag article were visited by hipsters.

  4. “ended up at K&M at n. 8th and roebling – great dj, and reliable and awesome as always. would make a good weekday venue for a brownstoner party probably.”

    I was also at K&M on Saturday Wine Lover. We didn’t almost get into a fight did we?

  5. south and east williamsburg is still pretty poor including the satamars as noted. there are projects, etc.. north williamsburg is a different animal. zero projects, working adults, etc..

    also, the restaurants and bars are seriously booming. on saturday, brooklyn star would not take a reservation even for 7 and walter foods was booked. squeezed in at rye (nothin wrong with that actually!). tried to go to hotel delmano for drinks and was told that it was an 1 hour and 1/2 wait.

    ended up at K&M at n. 8th and roebling – great dj, and reliable and awesome as always. would make a good weekday venue for a brownstoner party probably.

  6. Brownstoner – your headline is TOTALLY misleading….the NY Magazine article says nothing about the wealth of Williamsburg “hipsters” (if that has any meaning) – it simply talks about the relative poverty of residents within CB1 – which includes many people (a large majority) who are clearly NOT hipsters (Satamars for one). It is possible that every “hipster” in Williamsburg is the spawn of a billionaire – that is simply not addressed.