Is the Financial Times feeling pressure to keep up with all of the Wall Street Journal’s coverage of Brooklyn these days? Whatever the case may be, the publication took a look at Sunset Park as a place to live, and liked what it saw. Pros: Multicultural, relatively affordable and has a recently upgraded park that serves as a gathering place for the whole neighborhood. Cons: Far from Manhattan, little in the way of upscale dining or retail, can be noisy. The article notes that crime, while far lower than in years past, is on the rise. Apartments range from about $200,000 for a one-bedroom to $400,000 for a three-bedroom. Townhouses average about $800,000. In addition, studio space is drawing artists and entrepreneurs to the area, and the music-themed Hotel BPM recently opened. What do you think of Sunset Park? Any intel on the schools?
Sunset Park Also Rises [FT]
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