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Comment: Makes sense the Clinton Hill manse would take a while to sell, though you have to wonder how realistic the price is. If anyone has info on the Bay Ridge listing, drop a line.
Open House Picks 6/29/07 [Brownstoner]


What's Your Take? Leave a Comment

  1. In response to this… “Average starting salary in NYC with a Bachelors is 50-60K and around 10K more for a graduate degree. Even without Wall Streeters, people are making close to or over 6 figures within a few years. Double that for working couples.

    That is why so many people can afford these prices, and pay them. The whiners who studied communications or liberal arts and make “The Median” income, will never ever get it. You cant afford it – Millions of us can, Period. (2:32pm post dec 31)

    ——> anyone making 50K-70K or double that income cannot afford a 3,5 million $ house. Why? Well taxes cut off your salaries so the 2 income become 1 of 50K-70K a year. A lawyer, doctor, financier or accountant can. If they’re any good. OH unless some of those lucky buyers have “inherited” their $$$$$$$$

  2. 1:58…

    new york city just recorded the lowest murder rate in 44 years.

    there were, in fact 100 murders less in 2007 than in 2006.

    you need to read more.

    there are 8.25 million people here with under 500 murders.

    to put that in perspective, baltimore had over 300 and the population of baltimore is 600,000.

  3. 1:58…

    new york city just recorded the lowest murder rate in 44 years.

    there were, in fact 100 murders less in 2007 than in 2006.

    you need to read more.

    there are 8.25 million people here with under 500 murders.

    to put that in perspective, baltimore had over 300 and the population of baltimore is 600,000.

  4. Nearly all the Brooklyn shootings this year were people shooting people they know. As of November, there were only 35 murders in all of NYC, with a population of 8.5 million, that were committed by those who were strangers to the victim. It’s an important statistic. I’d rather live anywhere in NYC, Brooklyn or whatever borough, than other cities in the U.S.

    http://www.nytimes.com/2007/11/22/nyregion/22cnd-murder.html?ex=1353474000&en=66dbc059c53ec7c9&ei=5124&partner=permalink&exprod=permalink

  5. Average starting salary in NYC with a Bachelors is 50-60K and around 10K more for a graduate degree. Even without Wall Streeters, people are making close to or over 6 figures within a few years. Double that for working couples.

    That is why so many people can afford these prices, and pay them. The whiners who studied communications or liberal arts and make “The Median” income, will never ever get it. You cant afford it – Millions of us can, Period.

  6. If you actually read that NY Times article, all the people in it are more conservative UWS types than pioneers who buy brownstones in Brooklyn, who traditionally people who work in the arts or media.

    Then there’s this quote about another woman in the article:

    “She now has a doorman, more space, sweeping views of woods, a private gym and rooftop swimming pool, a shuttle to take her to the Metro-North station, and free coffee and bagels while she waits for the bus.”

    So is that supposed to sound appealing, that extra block of time to eat a bagel waiting for the shuttle, then ride the shuttle to the train to the city? I just don’t see how this article applies to ourselves and most everyone we know who owns property in Brooklyn.

  7. Your point is what, 2:13? NYC has the biggest gap between poor and rich than anywhere in the country. “Median” says nothing. This is the same as those who point to the average home values nationally, to say something about one specific market. Those stats may be used as a marker for comparisons from year to year, but that’s about it. If you used your little median income statistic as a comparison, you’d be arguing against yourself because it would show huge gains in median income every year for years now, in Brooklyn. But you’re not going to do that, are you?

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