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September 6, 2007

Up and Coming Neighborhoods in BK?

looking for newer construction in up-and-coming areas with real potential for development. any suggestions? (i saw an awesome loft for 320K on myrtle iand marcy in bed stuy but it was just too sketchy for me as I am a female.)

Comments

You may want to check out Bushwick, and also Cypress Hills, Ridgewood area - these areas are not the hottest on the market right now (neither was fg, ch, or bed-stuy years ago)but are up and coming with alot of new developments currently taking place. Additionally they also are very close to public transportation, eateries, shopping, etc...

Once the downtown area becomes over populated and is taken over by the rich folks developers will start to move into other areas of BK to improve standards of living,

Posted by: guest at September 6, 2007 4:00 PM

Ok, I know you are asking about Brooklyn, but how about Queens? We purchased a huge 2 bedroom, 2 bathroom prewar coop in Jackson Heights for under 300K. The food is great, the transportation excellent, and an upscale coffee shop is moving in any day now..

Posted by: guest at September 6, 2007 6:05 PM

There are some new condos in crown heights (in the historic district) that are very nice.. Could probably get one for 400k. They are on dean I belive, broker is filmore. they were on this site awhile back

Posted by: guest at September 6, 2007 7:35 PM

move to Queens. Jackson Heights is where it's at. Why would ANYONE want to move into a cheap construction NEW condo anyway? I don't get it. Jackson Heights has character and it's quiet.

Posted by: guest at September 6, 2007 9:59 PM

Crown Heights (northern part) and Bed Stuy are definitely the last of the liveable bargains, Bushwick and East New York are still years away.

Posted by: guest at September 7, 2007 11:14 AM

I don't know about the person who is rabid about Jackson Heights, but I do think the new construction is not the most attractive things about these neighborhoods. Most of these buildings are hideous especially the ones in Bed Stuy that are set back with driveways in front and all the meters bolted on the front of the buiidings- you are talking about a whole new category of ugly here. I would move to one of these neighborhoods in spite of the new buildings.

Posted by: guest at September 7, 2007 12:08 PM

Jackson Heights is a nice place to live. If I were apartment hunting, I would seriously consider it.

Posted by: Erin Joslyn at September 7, 2007 12:39 PM

Enthusiasm for Jackson Heights seems to be verging on trollishness.

Posted by: guest at September 7, 2007 12:43 PM

12:43 PM: it is YOU who are the troll!

JACKSON HEIGHTS UBER ALLES!

Posted by: guest at September 7, 2007 1:06 PM

Consider Ridgewood in Queens. Just about 2-3 stops on the L subway from Williamsburg Brooklyn. I have observed by walking around there this year that there is an increasing migration of (by my own evaluation) "young trendy Williamsburg types" in the area.

The above is not a putdown, but if you are a young single woman, being closer to an active social scene in a still lower price area may be for you.

Posted by: 1910 at September 7, 2007 1:46 PM

I was responding to previous posts of up and comming areas in Queens.

Tch.
And how can I forget my own neighborhood Ditmas Park. Here's a recent article on housing and coop/condos in the area http://www.therealdeal.net/issues/SEPTEMBER_2007/1188599046.php

Posted by: 1910 at September 7, 2007 2:15 PM

gowanus

its still cheap and its next to park slope and bococa.

armchair

Posted by: guest at September 7, 2007 3:15 PM

You are wrong, new construction condos in gowanus are not cheap

Posted by: guest at September 7, 2007 5:47 PM

Try Kensington very nice area

Posted by: guest at September 7, 2007 6:34 PM

Bushwick. It's on the L train. It's Brooklyn. It's got it's own look and feel. The folks living there are not hostile to young professionals. It's definitely multicultural. Prices are right. Parking is plenty if needed. And there's a burgeoning art/music scene.Oh, and there's a White Castle there. No better antidote for a hangover after a night out than the #1 meal with a large coke.

Posted by: guest at September 7, 2007 9:20 PM

Bushwick is years off and in the same league as East NY???

Get real! I bought in Bed Stuy because I couldn't afford Bushwick.

And to the OP: I am female and Bed Stuy is perfectly safe. Mostly. Just don't buy or sell drugs or join a gang and you should be fine.

Posted by: guest at September 7, 2007 10:59 PM

I'm going to have to second Crown Heights (North) as an up-and-coming neighborhood.

But, for better or worse, we do not have as much new construction as you will find in other neighborhoods. There are, however, the condos on Dean which a poster mentioned and a smattering in other locales such as the new construction taking place on Sterling between Rogers and Nostrand.

Making up for the lack of new construction, is the beauty of the existing structures. The architecture, including the mini-mansions sprinkled about, has the command of royalty. Yet there's always this humble, "welcome home" presence in the air. Overall the area, at least to me, emanates an older, more settled vibe than say Bed-Stuy or Clinton Hill. Traditionally the neighborhood is home to many working and middle class West Indian families. In recent years Crown Heights has been scouted out by many young, black professionals (such as myself).

Public transportation options around here are great: generally speaking, the 2,3,4 5 and S trains service the neighborhood. In addition, depending on where you are located, the A and C trains at Nostrand are only minutes away. In addition, CH is in hop-skip-jump territory of the Brooklyn Children's Museum, the Brooklyn Museum, Botantical Gardens, Grand Army Plaza, and Prospect Park.

Granted, the crime stats probably aren't as comforting as you will find in Park Slope. But stats are stats. Irrespective of what outsiders (including those rascally statisticians) may say, the area never feels menacing or threatening.

Also, in full disclosure, the sit-down restaurant and night-life scenes aren't as vibrant as in other neighborhoods, but public transportation solves that. And what we've got here, ain't too shabby!

All-in-all its a great neighborhood, definitely worth a look. Best of luck in your search!

Posted by: Wont UB My Nabor at September 9, 2007 1:49 PM

Also, just curious. What -- and this is not meant in any way to be derogatory -- is the appeal of new construction?

Lastly, not sure if you are sticking in the $320K price range, but if you are willing to push your budget, you might want to check out the condos at 1296 Dean St.: http://www.brownstoner.com/brownstoner/archives/2007/08/condos_of_the_d_15.php.

I think the prices are too high for the neighborhood (and given the current housing market more generally), but you may be able to talk them down. Plus, I think you will find that the block is simply charming!

Posted by: Wont UB My Nabor at September 9, 2007 1:56 PM

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