Million Dollar Deals Dead in Red Hook

Categories: Market, Red Hook

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Three years ago, a new high-water mark was set in Red Hook when the first house in the neighborhood sold for more than $1 million. In the years that followed, a number of other houses in the Brooklyn neighborhood traded in the seven figures, making the largely industrial area one of the boom era’s most unlikely Cinderella stories. Nowadays, however, brokers say sales of homes priced at more than $1 million are generally not in the cards in Red Hook. â€” The Real Deal

By Brownstoner | 07/29/2009 10:14 AM

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House of the Day: 91 Cambridge Place

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Checking in on the Williamsburgh Savings Bank Reno

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Closing Bell

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Building of the Day

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Building of the Day: 376 Vernon Avenue

Building of the Day: 426 Henry Street

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Condos

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