Although the data from Property Shark shows that prices were down by at least 10 percent in the fourth quarter of 2009 versus 2008, Corcoran’s latest market report boldly states that “Brooklyn pricing may be reaching bottom as the national and local economies strengthen and sales activity increases versus the first half of 2009.” Some of that optimism stems from the fact that prices are decreasing at a slower rate than in previous quarters. The stats from the resale marketâ€”median prices slipped just 2 percent year-over-yearâ€”were also encouraging; single-family townhouses held up particularly well, with the median price in the fourth quarter ticking up 13 percent from the third quarter and a whopping 51 percent from the same period a year earlier. For details on how different neighborhoods fared, check out the report.
4th Quarter 2009 Brooklyn Report [Corcoran]
Pierhouse Starts to Take Shape Beside Brooklyn Bridge Park [Curbed] The Apocalyptic Landscape Near the Kosciuszko Bridge Is Now Complete [Greenpointers] Four Arrested in Williamsburg Beating of Gay Black Man [Gothamist] Senior Housing in Bed Stuy Will Undergo $6 Million Upgrade [DNAinfo] Crown Heights Drivers Ticketed up to 88 Percent More This Year, Police Say [DNAinfo] Paintings by Neighbor […]
The Brooklyn Greenway is expanding to Columbia Street between Degraw and Kane, and a desolate stretch of waterfront is about to get much greener. There’s already a protected bike lane on Columbia Street, but the Brooklyn Greenway Initiative is going to begin landscaping the first part of the Columbia Waterfront Park. They’re looking for enthusiastic […]
Astoria Cove Begins its Six-Month Review Process for a Zoning Change Queenswalk: Eric Kebbon and the Far Rockaway Post Office Listing of the Day: 50-21 Parsons Boulevard It’s In Queens! Events from April 24th to April 30th Osmond Brothers, Comedian Mario Cantone Set For Queensborough Performing Arts Center Mexico Blvd. Food Truck Plans to go […]
Brooklyn, one building at a time. Name: Row houses Address: 409-417 Grand Avenue Cross Streets: Gates and Putnam Avenues Neighborhood: Clinton Hill Year Built: 1909 Architectural Style: Colonial Revival Architect: John J. Petit of Kirby, Petit & Greene Other work by architect: Houses in Prospect Park South and other Victorian Flatbush neighborhoods, commissioned homes in […]
The permanent signage for Nordstrom Rack and T.J.Maxx went up on the front on the Offerman Building at 505 Fulton Street last week. Nordstrom Rack is prepping for its opening next week on Thursday, May 1. T.J.Maxx is still “coming soon” — and it probably will be soon. We saw an ad on a bus […]