Top 5 Stories on Brownstoner This Week: Bed Stuy Home Values Rising, a "Genius" Buys in PLG

Bed Stuy Home Values Jumped 194 Percent Since 2004, Highest Increase in Country
It’s no surprise that prices for single-family homes in Bed Stuy have risen dramatically over the past decade, but a new analysis from the Washington Post throws the numbers into stark relief.

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Author and Journalist Ta-Nehisi Coates Buys Stunning Prospect Lefferts Gardens Brownstone
Ta-Nehisi Coates — the MacArthur Genius Grant winner, longtime Atlantic writer, author of the National Book Award–winning Between the World and Me, and author of the recent Marvel comic series Black Panther — has bought a former House of the Day at 207 Lincoln Road in Prospect Lefferts Gardens.

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Renovated Brooklyn Heights Brownstone Will Break Record If It Gets $18 Million Ask
Developer Shahrzad Khayami is betting big on a Willow Street townhouse. Khayami — a former senior portfolio manager at Citigroup Asset Management and founder of investment advisory firm AnK Capital — is funding a complete overhaul of the brownstone, converting it from a seven-unit apartment building into a single-family mansion with passive house construction.

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What Is a Rent Stabilized Apartment, Anyway?
Rent stabilized apartments: If you’re a renter, you probably want one. If you’re a landlord or developer, you probably don’t. With the city and state starting to ramp up their enforcement of rent regulation, it’s time to get clear on exactly what it means to have a rent stabilized home. And how to find out if your landlord’s been overcharging you.

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Moving Day: Why Old-Timey Brooklynites Dreaded May 1, and Why Real Estate Mavens Studied It
For us modern folks, the first of May conjures visions of blooming cherry blossoms and the growing anticipation of summer enjoyments. But for the Brooklynites of yesteryear, the date evoked dread and thoughts of pandemonium in the streets. Why? May 1 was Moving Day.

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