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An article in the latest issue of the Real Deal looks at Windsor Terrace and sees lukewarm prospects for the neighborhood. Why so? Well, to begin with, one broker says prices in the area are falling. An Elliman broker who recently sold three Windsor Terrace townhouses says prices are down 7.5 percent, and that properties are slow to sell. Other brokers, meanwhile, say a lack of new development in the neighborhood means there’s not enough inventory. And Windsor Terrace home values may fall even more if prices drop in the Slope. My feeling about Windsor Terrace is that as Park Slope goes, the Terrace goes, says Zev Keisch, a broker at Bond New York. If Park Slope shows a slowdown, then people who were compromising by going to Windsor Terrace to be in that area don’t necessarily have to and can look at their first choice, Park Slope, with a greater chance of a successful buy.
Windsor Terrace on Edge [The Real Deal]
Photo by Betty Blade.


What's Your Take? Leave a Comment

  1. It does not matter where any of us live. Now that the U.S. is China’s bitch and our dollar is not worth a the paper it’s printed on,everything we have is worth less than we would like to think it is. So keep up all your childish rants about how where you live is better.We will all be speaking Chinese soon. The rest of the world laughs at our stupidity.

  2. When I moved to brooklyn all I knew was the general area I wanted to live and it turned out the apartment that I liked the most was in park slope. The next one I live in might be in Fort Greene or Prospect Heights… who knows

    people who get all uppidy about living or not living in a certain nabe are annoying as a hell

  3. The snobbiness and cattiness of comparing neighborhoods is painful and sad at times, but it’s done more good for all these neighborhoods than bad. It’s brought attention to some lesser known neighborhoods of Brooklyn. Hearing that those who actually live there love their neighborhoods of Windsor Terrace, Midwood, Ditmas, PPS, PLG, it makes people go and take a look for themselves.

  4. No one ever says, “I want to live in Windsor Terrace”. It is never a destination point (unless you were born there). It is a cheaper alternative to Park Slope.

    Why live in an aluminum sided a-frame house that have none of the charm of Brooklyn and an hour commute to midtown. It is a shorter commute from the suburbs!

  5. i would expect should there be a recession (no prediction here), that some folks in park slope will want to sell and move into nearby windsor terrace, thus cashing out anyone strapped for money in WT…telling me the best place to live pound for pound is WT