Red Hook Asks Still High Despite Flood Problem

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Superstorm Sandy hasn’t dampened gentrification in Red Hook a bit, according to a story in the New York Post. It cites several properties on the market asking between $1,995,000 and $2,495,000 as proof — though they haven’t sold yet. As for closed sales, a couple recently transplanted from Soho paid $1,300,000 for a three-story house remodeled by Red Hook-based architect Thomas Warnke. The big mixed-use condo project at 160 Imlay Street, designed by Brooklyn architects Adjmi & Andreoli, will break ground in the next two months.

The Post attributed the appeal of the area to its “small town” feel, “cute boutiques” and places to eat that rival Manhattan’s. OTOH, “unlike Manhattan, it sorely lacks public transportation and can feel desolate in the winter. But a bike path that will stretch from Greenpoint to Fairway promises to help.” So does placing heating mechanicals on upper floors, as do households mentioned in the story. “Red Hook, with its factories and low density, feels like what SoHo used to be,” said newcomer Brent Richardson.

Red Hook Latest Brooklyn Home Trend [NY Post]

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