Closing Bell: Corcoran Shifts Some Borders
Today Assemblyman Hakeem Jeffries, who has been in the news for trying to curtail the practice of real estate agents making up names for neighborhoods, sent out a press release commending the Corcoran Group for “changing their advertising practices by moving the eastern boundary of the Prospect Heights community back to its proper border, and correcting several listings that had improperly marketed Crown Heights properties as located in Prospect Heights.” According to the release, Jeffries sent a letter to Corcoran asking the brokerage to recognize the traditional boundaries of Prospect and Crown Heights in its ads so as not to “inflate housing prices in the Crown Heights community to the detriment of both working families who reside in the neighborhood and the prospective residents who are being deceived.” (While he’s at it, the assemblyman may want to look into Corcoran’s borders for Clinton Hill, which evidently stretches to Bedford Avenue.) Jeffries still plans to intro legislation requiring the city to set up an official process for renaming neighborhoods, so “Pro-Cro” is safe for the moment.





May 21, 2013 | 09:56 AM