Crain's: Will Red Hook's Popularity Ruin It?

Red Hook’s very charm — its quiet isolation — may prove its undoing, according to an article in Crain’s. “We call it our sleepy little fishing village,” said newcomer Frantz Alexandre. “You don’t feel like you’re in New York City.” Realty Collective broker Victoria Hagman agreed: “Red Hook is the ultimate staycation.” On the weekends, Brooklynites flock to the cobblestoned streets, river breezes and cute eateries, such as the packed Brooklyn Crab. They also come for Ikea and Fairway. While most of the housing stock is small, and two-thirds of Red Hook’s population of more than 10,000 live in the Red Hook Houses, housing prices have hit the $1 million mark. Or in some cases exceeded it: In the last year, artists Mirabelle Marden paid $1.6 million for a house and sculptor Dustin Yellin purchased a warehouse for $3.7 million that he plans to turn into an arts hub. Meanwhile, Spike Lee’s movie “Red Hook Summer” opened Friday, and will probably bring even more attention to the area. What are your feelings about the recent changes in the neighborhood?
Oh No! Red Hook Is Catching On [Crain’s]
Gallerist Gal Pays Record Price in Red Hook [Brownstoner]
Photo by Blush Photo