Atlantic's Successful Antics
The Post displays some out-in-front reporting this morning with a story on the gentrification of Atlantic Avenue. Evidently, Atlantic has transformed from a strip defined mostly by parking lots a few decades ago to its current incarnation, notable for substantial residential and retail development. Most interesting are details about how home values have risen. “Back…
The Post displays some out-in-front reporting this morning with a story on the gentrification of Atlantic Avenue. Evidently, Atlantic has transformed from a strip defined mostly by parking lots a few decades ago to its current incarnation, notable for substantial residential and retail development. Most interesting are details about how home values have risen. “Back in 2000, a brownstone [in Boerum Hill] went for about $1.5 million,” says Nancy McKiernan of Nancy McKiernan Realty. The story says a brownstone off Atlantic today goes for roughly $2.5 million, and condos fetch in the $600- to $700-per-square-foot range. The article also has a roll call of all the avenue’s recent and planned development, including the Smith and Renaissance Realty’s in-progress luxury rental at 252 Atlantic. And, of course, Atlantic has seen a great deal of retail advances in the past few years, including its many newish boutique shops, the just-opened Urban Outfitters and the planned Trader Joe’s. The big elephant in the room, natch, is how plans to reopen the House of Detention are going to affect Atlantic’s progress. The article’s most hilarious quote is from a recent transplant who says, “The prison presence is barely noticeable at all!” That could change slightly if the city’s plans to reopen the facility with 1,469 inmates by 2012 moves forward.
Atlantic Current [NY Post]
Photo by urban_lisa.
they built Emerald City!
now that’s some gentrification!
Visiting their former iBanker hubbies, no doubt.
moms pushing the stollers right past the jail?
Certainly the Manhattan House of Detention sits on edge of residential Chinatown and I doubt most people are aware of it.”
The people who live around the Manhattan Detention Complex (MDC) formerly known as the Bernard B. Kerik Center (named changed back to MDC after Bernie’s conviction) are aware of the jail. They have sense enough to realize that the jail was there before they were and that any jail has to be near the courts and are a necessary evil. Unlike the whining, complaining, stroller pushing, obnoxious idoits who purchased million dollar condo’s facing a jail that was recently renovated and had been there since 1963. They built there homes in the jails back yard.
“Certainly the Manhattan House of Detention sits on edge of residential Chinatown and I doubt most people are aware of it.”
The people who live around the Manhattan Detention Complex (MDC) formerly known as the Bernard B. Kerik Center (named changed back to MDC after Bernie’s conviction) are aware of the jail. They have sense enough to realize that the jail was there before they were and that any jail has to be near the courts and are a necessary evil. Unlike the whining, complaining, stroller pushing, obnoxious idoits who purchased million dollar condo’s facing a jail that was recently renovated and had been there since 1963. They built there homes in the jails back yard.
And just think, all those landlords can count on competition from the Prison Industrial Complex (nothing screams luxury like a sign advertising “Cheap, Fast Bail Bonds Here!) to drive up the rent on those cupcake shops.
And just think, all those landlords can count on competition from the Prison Industrial Complex (nothing screams luxury like a sign advertising “Cheap, Fast Bail Bonds Here!) to drive up the rent on those cupcake shops.
Thanks BrooklynLove, that was interesting. I googled the guy and came up with, in the words of Paul Harvey, the rest of the story
http://query.nytimes.com/gst/fullpage.html?res=950DE1D8113EF934A25756C0A96F948260